Common use of Maintenance of Collateral Clause in Contracts

Maintenance of Collateral. All tangible Collateral which is useful in and necessary to Debtor’s business is in good repair and condition, ordinary wear and tear excepted.

Appears in 31 contracts

Samples: Security Agreement (Quest Energy Partners, L.P.), Security Agreement (Quest Energy Partners, L.P.), Security Agreement (Quest Resource Corp)

AutoNDA by SimpleDocs

Maintenance of Collateral. All tangible Collateral which is useful in and necessary to each Debtor’s business is in good repair and condition, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Security Agreement (PostRock Energy Corp), Security Agreement (PostRock Energy Corp)

Maintenance of Collateral. All tangible Collateral which is useful in and necessary material to Debtor’s business is in good repair and condition, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Loan and Security Agreement (AmeriCrew Inc.), Loan and Security Agreement (H/Cell Energy Corp)

AutoNDA by SimpleDocs

Maintenance of Collateral. All tangible Collateral which is useful in and necessary material to Debtorsuch Borrower’s business is in good repair and condition, ordinary wear and tear and casualty excepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Digerati Technologies, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.