Common use of Maintenance of Properties and Leases Clause in Contracts

Maintenance of Properties and Leases. The Company shall, and shall cause each of its Subsidiaries to, maintain in good repair, working order and condition (ordinary wear and tear excepted) in accordance with the general practice of other businesses of similar character and size, all of those properties necessary to operate its business, and from time to time, the Company shall, shall cause its Subsidiaries to, make or cause to be made all appropriate repairs, renewals or replacements thereof, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Multi Currency Note Purchase and Private Shelf Agreement (MSA Safety Inc), Guarantee Agreement (MSA Safety Inc), Msa Safety Incorporated (MSA Safety Inc)

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Maintenance of Properties and Leases. The Company shall, and shall cause each of its Material Subsidiaries to, maintain in good repair, working order order, and condition (ordinary wear and tear excepted) in accordance with the general practice of other businesses of similar character and size, all of those properties useful or necessary to operate its business, and from time to time, time the Company shall, shall cause its Subsidiaries to, will make or cause to be made all appropriate repairs, renewals renewals, or replacements thereof, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Ace LTD)

Maintenance of Properties and Leases. The Company shall, and shall cause each of its Subsidiaries to, maintain in good repair, working order and condition (ordinary wear and tear excepted) in accordance with the general practice of other businesses of similar character and size, all of those properties necessary to operate its business, and from time to time, the Company shall, shall cause its Subsidiaries to, make or cause to be made all appropriate repairs, renewals or replacements thereof, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.. A/75932249.10

Appears in 1 contract

Samples: Note Purchase and Private Shelf Agreement (MSA Safety Inc)

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Maintenance of Properties and Leases. The Company shall, and shall cause each of its Subsidiaries to, maintain in good repair, working order and condition (ordinary wear and tear excepted) in accordance with the general practice of other businesses of similar character and size, all of those properties useful or necessary to operate its business, and from time to time, the Company shall, shall cause its Subsidiaries to, make or cause to be made all appropriate repairs, renewals or replacements thereof, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Safety Appliances (Mine Safety Appliances Co)

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