Common use of Maintenance of Properties, Etc Clause in Contracts

Maintenance of Properties, Etc. The Borrower shall, and shall cause each of its Subsidiaries to, maintain and preserve all of their Properties that are used or useful in the conduct of its business in good working order and condition, ordinary wear and tear expected, to the extent that failure to maintain any of such Property would be reasonably likely to have a Material Adverse Effect.

Appears in 19 contracts

Samples: Credit Agreement (Hoku Corp), Credit Agreement (Hoku Corp), Credit Agreement (China Biologic Products, Inc.)

AutoNDA by SimpleDocs

Maintenance of Properties, Etc. The (a) Borrower shall, and shall cause each of its Subsidiaries to, maintain and preserve all of their Properties that are used its properties necessary or useful in the proper conduct of its business in good working order and conditioncondition in accordance with the general practice of other Persons of similar character and size, ordinary wear and tear expected, to the extent that failure to maintain any of such Property would be reasonably likely to have a Material Adverse Effectand damage from casualty or condemnation excepted.

Appears in 6 contracts

Samples: Loan and Security Agreement (Tandem Diabetes Care Inc), Loan Agreement (Tandem Diabetes Care Inc), Term Loan Agreement (NanoString Technologies Inc)

Maintenance of Properties, Etc. The (a) Each Borrower shall, and shall cause each of its Subsidiaries to, maintain and preserve all of their Properties that are used its real and tangible personal properties necessary or useful in the proper conduct of its business in good working order and conditioncondition in accordance with the general practice of other Persons of similar character and size, ordinary wear and tear expected, to the extent that failure to maintain any of such Property would be reasonably likely to have a Material Adverse Effectand damage from casualty or condemnation excepted.

Appears in 3 contracts

Samples: Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (TriVascular Technologies, Inc.)

Maintenance of Properties, Etc. The Borrower shall, and shall cause each of its Subsidiaries to, maintain and preserve all of their Properties that are used its properties necessary or useful in the proper conduct of its business in good working order and conditioncondition in accordance with the general practice of other Persons of similar character and size, ordinary wear and tear expected, to the extent that failure to maintain any of such Property would be reasonably likely to have a Material Adverse Effectexcepted.

Appears in 3 contracts

Samples: Term Loan Agreement (Corium International, Inc.), Term Loan Agreement (Corium International, Inc.), Term Loan Agreement (Corium International, Inc.)

Maintenance of Properties, Etc. The Borrower shall, and shall cause each of its Subsidiaries to, maintain and preserve all of their Properties that are used or useful in the conduct of its business in good working order and condition, ordinary wear and tear expectedexcepted, to the extent that failure to maintain any of such Property would be reasonably likely to have a Material Adverse Effect.

Appears in 3 contracts

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

Maintenance of Properties, Etc. The Borrower shall, and shall cause each of its Subsidiaries to, maintain and preserve all of their Properties that are used its assets and properties, whether tangible or intangible, relating to its Products or Commercialization and Development Activities or otherwise, including all Products, necessary or useful in the proper conduct of its business in good working order and conditioncondition in accordance with the general practice of other Persons of similar character and size, ordinary wear and tear expected, to the extent that failure to maintain any of such Property would be reasonably likely to have a Material Adverse Effectand damage from casualty or condemnation excepted.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (Zymergen Inc.), Credit Agreement and Guaranty (Zymergen Inc.)

Maintenance of Properties, Etc. The Borrower shall, and shall cause each of its Subsidiaries to, maintain and preserve all of their Properties that are used its assets and properties, whether tangible or intangible, relating to its Products or Product Commercialization and Development Activities or otherwise, including all Product Assets, necessary or useful in the proper conduct of its business in good working order and conditioncondition in accordance with the general practice of other Persons of similar character and size, ordinary wear and tear expected, to the extent that failure to maintain any of such Property would be reasonably likely to have a Material Adverse Effectand damage from casualty or condemnation excepted.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (ArcherDX, Inc.), Credit Agreement and Guaranty (ArcherDX, Inc.)

Maintenance of Properties, Etc. The Borrower shall, and shall cause each of its the Restricted Subsidiaries to, maintain and preserve all of their Properties its properties that are used or useful reasonably required in the conduct of its business in good working order and condition, ordinary wear and tear expected, to the extent that failure to maintain any of such Property would be reasonably likely to have a Material Adverse Effectexcepted.

Appears in 1 contract

Samples: Credit Agreement (Boca Resorts Inc)

AutoNDA by SimpleDocs

Maintenance of Properties, Etc. The Borrower shall, and shall cause each of its Subsidiaries to, maintain and preserve preserve, and cause each of its Subsidiaries to maintain and preserve, all of their Properties its properties that are used or useful in the conduct of its business in good working order and condition, ordinary wear and tear expectedexcepted. CREDIT AGREEMENT AMKOR TECHNOLOGY, to the extent that failure to maintain any of such Property would be reasonably likely to have a Material Adverse EffectINC.

Appears in 1 contract

Samples: Credit Agreement (Amkor Technology Inc)

Maintenance of Properties, Etc. The Borrower shall, and shall cause each of its Subsidiaries to, maintain and preserve all of their Properties that are used its assets and properties, whether tangible or intangible, necessary or useful in the proper conduct of its business in good working order and conditioncondition in accordance with the general practice of other Persons of similar character and size, ordinary wear and tear expected, to the extent that and damage from casualty or condemnation excepted and except where failure to maintain any of such Property would do so could not reasonably be reasonably likely expected to have result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Invitae Corp)

Maintenance of Properties, Etc. The Borrower shall, and shall cause each of its Subsidiaries to, maintain and preserve all of their Properties that are used or useful in the conduct of its business in good working order and condition, ordinary wear and tear expected, to the extent that failure to maintain any of such Property would be reasonably likely to have a Material Adverse EffectEffect (except as listed on Schedule 3).

Appears in 1 contract

Samples: Credit Agreement (Hoku Corp)

Maintenance of Properties, Etc. The Borrower shall, and shall cause each of its Subsidiaries to, maintain and preserve all of their Properties that are used its assets and properties, whether tangible or intangible, relating to its Products or Product Commercialization and Development Activities or otherwise, necessary or useful in the proper conduct of its business in good working order and conditioncondition in accordance with the general practice of other Persons of similar character and size, ordinary wear and tear expected, to the extent that failure to maintain any of such Property would be reasonably likely to have a Material Adverse Effectand damage from casualty or condemnation excepted.

Appears in 1 contract

Samples: Credit Agreement (Thimble Point Acquisition Corp.)

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