Common use of Maintenance of Equipment Clause in Contracts

Maintenance of Equipment. Such Grantor will keep and maintain the Equipment in good operating condition sufficient for the continuation of the business conducted by such Grantor on a basis consistent with past practices, and such Grantor will provide all maintenance and service and all repairs necessary for such purpose.

Appears in 5 contracts

Samples: Security Agreement (Cynet Inc), Security Agreement (Cynet Inc), Security and Pledge Agreement (Brilliant Digital Entertainment Inc)

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Maintenance of Equipment. Such Grantor will keep and maintain the Equipment in good operating condition sufficient for the continuation of the business conducted by such Grantor on a basis consistent with past practices, ordinary wear and such Grantor will provide all maintenance and service and all repairs necessary for such purposetear excepted.

Appears in 4 contracts

Samples: Credit Agreement (Conseco Inc), Credit Agreement (Classic Cable Inc), Assignment and Acceptance Agreement (Amr Corp)

Maintenance of Equipment. Such The Grantor will keep and maintain the Equipment, other than Equipment that has become obsolete, in good operating condition condition, ordinary wear and tear excepted, sufficient for the continuation of the business conducted by such the Grantor on a basis consistent with past practices, and such the Grantor will provide all maintenance and service and all repairs necessary for such purpose.

Appears in 2 contracts

Samples: Subsidiary Security Agreement (Envirodyne Industries Inc), Company Security Agreement (Envirodyne Industries Inc)

Maintenance of Equipment. Such The Grantor will keep and ------------------------ maintain the Equipment, other than Equipment that has become obsolete, in good operating condition condition, ordinary wear and tear excepted, sufficient for the continuation of the business conducted by such the Grantor on a basis consistent with past practices, and such the Grantor will provide all maintenance and service and all repairs necessary for such purpose.

Appears in 2 contracts

Samples: Parent Security Agreement (Viskase Companies Inc), Security Agreement (Viskase Companies Inc)

Maintenance of Equipment. Such Each Grantor will keep and maintain the Equipment in good operating condition sufficient for the continuation of the business conducted by such each Grantor on a basis consistent with past practices, and such each Grantor will provide all maintenance and service and all repairs necessary for such purpose.

Appears in 2 contracts

Samples: Subordinated Note Security Agreement (Home Products International Inc), Note Purchase Agreement (Home Products International Inc)

Maintenance of Equipment. Such Grantor will shall keep and maintain the Equipment in good operating condition sufficient for the continuation of the business conducted by such Grantor on a basis consistent with past practices, ordinary wear and such Grantor will provide all maintenance and service and all repairs necessary for such purposetear excepted.

Appears in 2 contracts

Samples: Credit Agreement (Directv Group Inc), Credit Agreement (Exide Corp)

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Maintenance of Equipment. Such The Grantor will keep and maintain the Equipment in good operating condition sufficient for the continuation of the business conducted by such the Grantor on a basis consistent with past practices, and such the Grantor will provide all maintenance and service and all repairs necessary for such purpose.

Appears in 2 contracts

Samples: Security Agreement (Compositech LTD), Security Agreement (Intek Diversified Corp)

Maintenance of Equipment. Such The Grantor will keep and ------------------------ maintain the Equipment in good operating condition sufficient for the continuation of the business conducted by such the Grantor on a basis consistent with past practices, and such the Grantor will provide all maintenance and service and all repairs necessary for such purpose.

Appears in 1 contract

Samples: Security Agreement (Securicor International LTD)

Maintenance of Equipment. Such The Grantor will shall keep and maintain the Equipment in good operating condition sufficient for the continuation of the business conducted by such the Grantor on a basis consistent with past practices, ordinary wear and such Grantor will provide all maintenance and service and all repairs necessary for such purposetear excepted.

Appears in 1 contract

Samples: Credit Agreement (Hughes Electronics Corp)

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