Maintenance of Properties; Insurance. The Company will, and will cause each of the Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, and (b) maintain, with financially sound and reputable insurance companies, insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.
Appears in 18 contracts
Samples: Restatement Agreement (Amerisourcebergen Corp), Term Loan Credit Agreement (Amerisourcebergen Corp), Credit Agreement (Amerisourcebergen Corp)
Maintenance of Properties; Insurance. The Company will, and will cause each of the its Restricted Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, excepted and (b) maintain, with financially sound and reputable insurance companies, insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.
Appears in 10 contracts
Samples: Credit Agreement (Lamar Media Corp/De), Credit Agreement (Lamar Media Corp/De), Credit Agreement (Lamar Media Corp/De)
Maintenance of Properties; Insurance. The Company will, and will cause each of the its Restricted Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, and (b) maintain, with financially sound and reputable insurance companies, insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.
Appears in 3 contracts
Samples: Credit Agreement (Lamar Media Corp/De), Letter of Credit And (Contifinancial Corp), Reimbursement Agreement (Contifinancial Corp)
Maintenance of Properties; Insurance. The Company will, and will cause each of the its Subsidiaries to, (a) keep and maintain all property Property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, and (b) maintain, with financially sound and reputable insurance companies, insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations. The Company will, and will cause each of its Subsidiaries to, maintain also the insurance specified in Annex 2.
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