Maintenance of Books and Records; Properties; Insurance. The Loan Parties will keep and will cause their respective Restricted Subsidiaries to keep adequate records and books of account, in which full, true and correct entries will be made in accordance with GAAP consistently applied, reflecting all financial transactions of such Persons to the extent required by GAAP. The Loan Parties will maintain or cause to be maintained and will cause their respective Restricted Subsidiaries to maintain or cause to be maintained in good repair, working order and condition all of their properties used in the business of the Loan Parties and their respective Restricted Subsidiaries, and will make or cause to be made all appropriate repairs, renewals and replacements thereof, except for (A) Asset Dispositions permitted hereunder or (B) as would not reasonably, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The Loan Parties will and will cause their respective Restricted Subsidiaries to maintain or cause to be maintained, with financially sound and reputable insurers, insurance with respect to their business and properties and the business and properties of their respective Restricted Subsidiaries against loss and damage of the kinds and of such types, with such insurers, in such amounts, with such limits and deductibles and otherwise on such terms and conditions as customarily carried or maintained by companies of established reputation engaged in similar businesses, and to the extent not previously delivered to the Administrative Agent, will deliver evidence thereof to Administrative Agent on or prior to the Fourth Amendment and Restatement Date and thereafter prior to or upon any expiration thereof, evidence of renewal of such insurance. The Loan Parties will name Administrative Agent, pursuant to endorsements and assignments in form and substance reasonably satisfactory to Administrative Agent, (i) as a lender loss payee and mortgagee, if applicable, in the case of casualty insurance with respect to the Collateral, (ii) as an additional insured in the case of all liability insurance, and (iii) as an additional insured in the case of any flood insurance, if applicable. Unless Administrative Agent otherwise agrees, all insurance policies required hereunder shall include effective waivers by the insurer of subrogation. Unless Administrative Agent otherwise agrees, Borrower shall use commercially reasonable efforts to obtain for all insurance policies of the Loan Parties required her...
Maintenance of Books and Records; Properties; Insurance. Borrower will and will cause its Subsidiaries to keep adequate records and books of account, in which complete entries will be made in accordance with GAAP consistently applied, reflecting all financial transactions. Borrower will and will cause its Subsidiaries to maintain or cause to be maintained in good repair, working order and condition all material properties used in the business of Borrower and its Subsidiaries, and will make or cause to be made all appropriate repairs, renewals and replacements thereof. Borrower will and will cause its Subsidiaries to maintain or cause to be maintained, with financially sound and reputable insurers, public liability, property loss and damage and business interruption insurance with respect to its business and properties and the business and properties of its Subsidiaries against loss and damage of the kinds and in amounts, with such deductibles and otherwise on such terms and conditions, as customarily carried or maintained by corporations of established reputation engaged in the communications industry in amounts, with such deductibles, and otherwise on such terms and conditions as shall be reasonably acceptable to Administrative Agent and will deliver evidence thereof to Administrative Agent. Credit Agreement/D & E Communications, Inc.
Maintenance of Books and Records; Properties; Insurance. (A) The Loan Parties will keep and will cause their respective Subsidiaries to keep adequate records and books of account, in which full, true and correct entries will be made in accordance with GAAP consistently applied, reflecting all financial transactions of such Persons.
Maintenance of Books and Records; Properties; Insurance
