Common use of Maintenance of Goods Clause in Contracts

Maintenance of Goods. The Borrower will do all things necessary to maintain, preserve, protect and keep the Inventory and the Equipment in good repair and working and saleable condition.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Teton Energy Corp), Security Agreement (Magnetek Inc), Credit Agreement (Northland Cable Properties Four LTD Partnership)

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Maintenance of Goods. The Borrower will do all things reasonably necessary to maintain, preserve, protect and keep the Inventory and the Equipment in good repair and working and saleable condition.

Appears in 2 contracts

Samples: Security Agreement (Lilis Energy, Inc.), Security Agreement (HII Technologies, Inc.)

Maintenance of Goods. The Borrower will do all things necessary to maintain, preserve, protect and keep the Inventory and the Equipment in good repair and working and saleable condition, ordinary wear and tear and damage from condemnation or casualty excepted.

Appears in 2 contracts

Samples: Credit Agreement (Viad Corp), Credit Agreement (Viad Corp)

Maintenance of Goods. The Borrower will shall do all things necessary to maintain, preserve, protect and keep the Inventory and the Equipment in good repair and working and saleable condition.

Appears in 2 contracts

Samples: Revolving Loan Agreement (Acacia Diversified Holdings, Inc.), Asset Purchase Agreement (Acacia Automotive Inc)

Maintenance of Goods. The Borrower will do all things necessary to maintain, preserve, protect and keep the Inventory and the Equipment in good repair and working and saleable condition.

Appears in 1 contract

Samples: Pledge and Security Agreement (Tyler Technologies Inc)

Maintenance of Goods. The Borrower will do all things necessary to maintain, preserve, protect and keep the Inventory and the Equipment in good repair and working and saleable condition, except for damaged or defective goods arising in the ordinary course of the Borrower’s business and except for ordinary wear and tear in respect of the Equipment.

Appears in 1 contract

Samples: Pledge and Security Agreement (Mam Software Group, Inc.)

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Maintenance of Goods. The Borrower will do all things necessary to maintain, preserve, protect and keep the its Inventory and the Equipment in good repair and working and saleable condition.

Appears in 1 contract

Samples: Security Agreement (Caraco Pharmaceutical Laboratories LTD)

Maintenance of Goods. The Borrower will do all things reasonably necessary to maintain, preserve, protect and keep the Inventory and the Equipment in good repair and working and saleable condition.

Appears in 1 contract

Samples: Pledge and Security Agreement (Chromcraft Revington Inc)

Maintenance of Goods. The Borrower will do all things necessary to maintain, preserve, protect and keep the Inventory and the Equipment in good repair and working and saleable condition, except for damaged or defective goods arising in the ordinary course of the Borrower's business and except for ordinary wear and tear in respect of the Equipment.

Appears in 1 contract

Samples: Pledge and Security Agreement (Mam Software Group, Inc.)

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