Common use of Maintenance of Property Clause in Contracts

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereof.

Appears in 13 contracts

Samples: Day Term Loan Credit Agreement (Southwest Gas Holdings, Inc.), Credit Agreement (Southwest Gas Holdings, Inc.), Revolving Credit Agreement (Southwest Gas Corp)

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Maintenance of Property. The Borrower shall maintain, and shall cause each maintain all of its Significant Subsidiaries to maintain, Properties and preserve all its Property which is used or useful in its business assets in good condition, repair and working order and conditionorder, ordinary wear and tear excepted excepted, in accordance with standards observed by companies of established repute engaged in the same or similar business as the Borrower, except where the failure to so maintain its Properties and except as permitted under Section 7.02(b) hereofassets could not reasonably be expected to have a Material Adverse Effect.

Appears in 12 contracts

Samples: Credit Agreement (South Carolina Electric & Gas Co), Credit Agreement (Scana Corp), Credit Agreement (Scana Corp)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and make all necessary repairs thereto and renewals and replacements thereof except as permitted under Section 7.02(b) hereofin any case where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 8 contracts

Samples: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/), Uncommitted Credit Agreement (International Assets Holding Corp)

Maintenance of Property. The Borrower shall maintain, keep all property useful and shall cause each of its Significant Subsidiaries necessary to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, condition (ordinary wear and tear excepted and except as permitted under Section 7.02(bexcepted) hereofin accordance with its past operating practices.

Appears in 7 contracts

Samples: Credit Agreement (Vizio, Inc.), Loan and Security Agreement (Backweb Technologies LTD), Loan and Security Agreement (Endocare Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, and preserve keep all its Property which is used property useful or useful necessary in its business in good working order and condition, condition (ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted).

Appears in 7 contracts

Samples: Credit Agreement (Point 360), Credit Agreement (Classic Communications Inc), Credit Agreement (Vdi Media)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain all of its property necessary and preserve all its Property which is used or useful in the conduct of its business business, in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 6 contracts

Samples: Loan and Security Agreement (Strategic Distribution Inc), Loan and Security Agreement (Anchor Glass Container Corp /New), Loan and Security Agreement (United States Leather Inc /Wi/)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and make all necessary repairs thereto and renewals and replacements thereof except as permitted under Section 7.02(b) hereofwhere the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (Esquire Communications LTD), Credit Agreement (Packaged Ice Inc), Credit Agreement (Packaged Ice Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain all of its properties and preserve all its Property which is used or useful in its business assets in good condition, repair and working order and conditionorder, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 5 contracts

Samples: Secured Revolving Credit Agreement (MVC Capital, Inc.), Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp)

Maintenance of Property. The Each Borrower shall maintain, and shall cause each of its Significant Subsidiaries Material Subsidiary to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted except where the failure to so maintain or preserve could not reasonably be expected to have a Material Adverse Effect and except as permitted under by Section 7.02(b) hereof7.02.

Appears in 4 contracts

Samples: Credit Agreement (Idex Corp /De/), Credit Agreement (Idex Corp /De/), Assignment and Assumption (Idex Corp /De/)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain all of their respective property necessary and preserve all its Property which is used or useful in its business the conduct of their respective businesses, in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 4 contracts

Samples: Loan and Security Agreement (LDM Technologies Inc), Loan and Security Agreement (LDM Technologies Co), Loan and Security Agreement (LDM Technologies Inc)

Maintenance of Property. The Except as permitted in Section 5.2, each Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property which is material to be used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofshall make all necessary repairs thereto and renewals and replacements thereof in the Ordinary Course of Business.

Appears in 4 contracts

Samples: Term Loan Agreement (Mediaco Holding Inc.), Term Loan Agreement (Mediaco Holding Inc.), Term Loan Agreement (Mediaco Holding Inc.)

Maintenance of Property. The Borrower shall maintainwill keep, and shall cause each of its Significant Subsidiaries to maintainkeep, and preserve all its Property which is used or useful in its business property necessary to their respective businesses in good working order and condition, condition (ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted); provided that neither the Borrower nor any of its Subsidiaries shall be required to maintain any property, the maintenance of which is determined by it in good faith not to be in its best interest in the conduct of business.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Ultramar Diamond Shamrock Corp), Agreement (Ultramar Diamond Shamrock Corp), Assignment and Assumption Agreement (Ultramar Diamond Shamrock Corp)

Maintenance of Property. The Borrower shall maintainshall, and shall ----------------------- cause each of its Significant Subsidiaries to maintainto, maintain all of its properties and preserve all its Property which is used or useful in its business assets in good condition, repair and working order and conditionorder, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 3 contracts

Samples: Credit Agreement (National Data Corp), Credit Agreement (Global Payments Inc), Credit Agreement (National Data Corp)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Southwest Gas Corp), Revolving Credit Agreement (Southwest Gas Corp), Credit Agreement (Southwest Gas Corp)

Maintenance of Property. The Borrower shall maintainwill, and shall it will cause each of its Significant Subsidiaries to maintainto, at all times, preserve and preserve maintain all its of the Property which is used or useful and necessary in the conduct of its business in good adequate working order and condition(taking into consideration the condition of any such Property in existence on the effective date hereof), ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Superior Energy Services Inc), Revolving Credit Agreement (Halter Marine Group Inc), Revolving Credit Agreement (Halter Marine Group Inc)

Maintenance of Property. The Borrower shall will keep and maintain, and shall cause each of its Significant Subsidiaries to keep and maintain, all property material to the conduct of the business of the Borrower and preserve all its Property which is used or useful in its business Subsidiaries taken as a whole in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 3 contracts

Samples: Credit Agreement (Airgas Inc), Credit Agreement (Air Products & Chemicals Inc /De/), Credit Agreement (Airgas Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Designated Subsidiaries to, keep all property useful, necessary and material to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, condition (ordinary wear and tear excepted and except excepted) as permitted under Section 7.02(b) hereofmay be required or appropriate.

Appears in 2 contracts

Samples: Loan and Security Agreement (Chi Energy Inc), Loan and Security Agreement (Chi Energy Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain and preserve all of its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 2 contracts

Samples: Credit Agreement (Credentials Services International Inc), Credit Agreement (Credentials Services International Inc)

Maintenance of Property. The Borrower shall maintainmaintain and preserve, or cause to be maintained and shall cause each preserved, all of its Significant Subsidiaries to maintainproperties, and preserve all its Property which is used necessary or useful in the proper conduct of its business business, including such as may be under lease, in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 2 contracts

Samples: Loan Agreement (Snail, Inc.), Loan Agreement (Snail, Inc.)

Maintenance of Property. The Such Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain all of its property necessary and preserve all its Property which is used or useful in the conduct of its business business, in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 2 contracts

Samples: Loan and Security Agreement (Phar Mor Inc), Loan and Security Agreement (Strategic Distribution Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to, keep all property useful and necessary to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, condition (ordinary wear and tear excepted and except as permitted under Section 7.02(bexcepted) hereofin accordance with its past operating practices.

Appears in 2 contracts

Samples: Loan and Security Agreement (Grand Toys International LTD), Loan and Security Agreement (Hooper Holmes Inc)

Maintenance of Property. The Borrower shall maintainmaintain and preserve, and shall cause each of its Significant Subsidiaries to maintainmaintain and preserve, and preserve all its Property which is used or useful in its or their business in good working order and condition, ordinary wear and tear excepted and make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected to have a Material Adverse Effect and except as permitted under by Section 7.02(b) hereof7.2.

Appears in 2 contracts

Samples: Credit Agreement (Healthcare Compare Corp/De/), Credit Agreement (Healthcare Compare Corp/De/)

Maintenance of Property. The Except as permitted in Section 5.2, each Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property which is material to be used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofshall make all necessary repairs thereto and renewals and replacements thereof.

Appears in 2 contracts

Samples: Term Loan Agreement (Standard Diversified Inc.), Term Loan Agreement (Standard Diversified Opportunities Inc.)

Maintenance of Property. The Each Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, maintain and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted excepted, and make all reasonably necessary repairs thereto and renewals and replacements thereof, except as permitted under by Section 7.02(b) hereof5.2.

Appears in 1 contract

Samples: Loan Agreement (Bleach Group, Inc.)

Maintenance of Property. The Borrower shall maintainwill, and shall will cause each the Main Subsidiaries to, keep all property necessary for the business of its Significant Subsidiaries to maintain, and preserve all its Property which is used the Borrower or useful in its business any Main Subsidiary in good working order and conditionorder, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofsubject to the occurrence of casualty events.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Grana & Montero S.A.A.)

Maintenance of Property. The Such Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain all of its material property necessary and preserve all its Property which is used or useful in the conduct of its business business, in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Acme Metals Inc /De/)

Maintenance of Property. The Borrower Representative shall maintainmaintain and preserve, and shall cause each of its Significant Subsidiaries to maintainmaintain and preserve, and preserve all its Property which is used or useful in its business in good working order and condition, condition (ordinary wear and tear excepted excepted) and except as permitted under Section 7.02(b) hereofmake all necessary repairs thereto and renewals and replacements thereof.

Appears in 1 contract

Samples: Credit Agreement (Multiband Corp)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, maintain and preserve ----------------------- all its Property property which is used or useful in its business business, including the Properties, in good working order and condition, ordinary wear and tear excepted excepted, and make all necessary repairs thereto and renewals and replacements thereof except as permitted under Section 7.02(b) hereofwhere the failure to do so could not reasonably be expected to have a Material Adverse Effect. The Borrower shall use the standard of care typical in the industry in the operation and maintenance of its facilities.

Appears in 1 contract

Samples: Line of Credit Loan Agreement (Catellus Development Corp)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain all of its property necessary and preserve all its Property which is used or useful in the conduct of its business business, in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofunavoidable casualty excepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Centrum Industries Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain and preserve all its Property property which is used or useful in in, and material to, its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofshall use the reasonably prudent standard of care typical in the industry in the operation and maintenance of its Oil and Gas Properties.

Appears in 1 contract

Samples: Credit Agreement (Midstates Petroleum Company, Inc.)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted excepted, make all necessary repairs thereto and renewals and replacements thereof, and to keep such property free of any Hazardous Materials, except where the failure to do so would not reasonably be expected to result in a Material Adverse Effect, except as permitted under by Section 7.02(b) hereof7.02. The Borrower shall use at least the standard of care typical in the industry in the operation of its facilities.

Appears in 1 contract

Samples: Credit Agreement (Ceridian Corp /De/)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, maintain and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted excepted, and make all reasonably necessary repairs thereto and renewals and replacements thereof, except as permitted under by Section 7.02(b) hereof5.2.

Appears in 1 contract

Samples: Loan Agreement (Integrated Security Systems Inc)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Principal Subsidiaries and Subsidiaries, respectively, to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Term Credit Agreement (American Mobile Satellite Corp)

Maintenance of Property. The Borrower shall shall: (1) maintain, preserve and shall cause each protect its material Property necessary to the operation of its Significant Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted excepted; and (2) make all necessary repairs thereto and renewals and replacements thereof; in each of the foregoing clauses (1) and (2), except as permitted under Section 7.02(b) hereof.where the failure to do so could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect;

Appears in 1 contract

Samples: Loan Agreement (Sanmina Corp)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to, keep all property useful and necessary to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, condition (ordinary wear and tear excepted excepted), and except as permitted under Section 7.02(b) hereofBorrower will make or cause to be made all appropriate repairs, renewals and replacements thereof.

Appears in 1 contract

Samples: Rubicon Financial Inc

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Restricted Subsidiaries to, keep and maintain all property material to maintainthe conduct of the business of the Borrower and its Restricted Subsidiaries, and preserve all its Property which is used or useful in its business taken as a whole, in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Credit Agreement (Freeport McMoran Sulphur Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of ----------------------- its Significant Subsidiaries to maintainto, maintain all of its property necessary and preserve all its Property which is used or useful in the conduct of its business business, in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Agribiotech Inc)

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Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, preserve and preserve keep all property necessary for its Property which is used or useful in its business business, including without limitation, the Collateral, in good repair, working order and condition, ordinary normal wear and tear excepted excepted, and except as permitted under Section 7.02(b) hereoffrom time to time make all necessary or desirable repairs, renewals and replacements thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Integral Systems Inc /Md/)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each Subsidiaries to, maintain all of its Significant Subsidiaries to maintain, material properties and preserve all its Property which is used or useful in its business assets in good condition, repair and working order and conditionconsistent with past practices, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Credit Agreement (La-Z-Boy Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, and preserve maintain all of its Property which is used or necessary and useful in its business in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Petroleum Place Inc)

Maintenance of Property. The Borrower shall maintainwill keep, and shall will cause each of its Significant Subsidiaries to maintainkeep, all property useful and preserve all its Property which is used or useful necessary in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Credit Agreement (Louisiana Land & Exploration Co)

Maintenance of Property. The Such Borrower shall maintainshall, and shall cause ----------------------- each of its Significant Subsidiaries to maintainto, and preserve maintain all of its Property which is used or necessary and useful in its business in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Emons Transportation Group Inc)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and make all necessary repairs thereto and renewals and replacements thereof except as permitted under Section 7.02(b) hereofwhere the failure to do so could not reasonably be expected to have a material adverse effect on the Borrower=s business or assets.

Appears in 1 contract

Samples: Loan Agreement (Fields MRS Original Cookies Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainother Company to, and preserve keep all its Property which is assets used or useful in and necessary to its business in good working order and condition, condition (ordinary wear and tear excepted tear, and except as Dispositions expressly permitted under pursuant to Section 7.02(b8.5 of this Agreement, excepted) hereofin accordance with its past operating practices.

Appears in 1 contract

Samples: Credit Agreement (GAN LTD)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant the Material Subsidiaries to to, maintain, in all material respects, in good, safe and preserve all its Property which is used or useful in its business in good working order insurable condition and conditionrepair, ordinary wear and tear excepted excepted, all of its respective owned and except as permitted under Section 7.02(b) hereofleased property which is material to the continued operations of the owner or lessee thereof.

Appears in 1 contract

Samples: Credit Agreement (Dyncorp)

Maintenance of Property. The Borrower shall maintainwill keep, and shall cause each of its Significant Subsidiaries to maintainkeep, and preserve all its Property which is used or useful in its business property necessary to their respective businesses in good working order and condition, condition (ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted); provided that neither the Borrower nor any of its Subsidiaries shall be required to maintain any property, the maintenance of which is determined by it in good faith not to be in its best interest in the conduct of business. SECTION 5.8.

Appears in 1 contract

Samples: Bridge Loan Agreement (Ultramar Diamond Shamrock Corp)

Maintenance of Property. The Such Borrower shall maintainshall, and shall cause each ----------------------- of its Significant Subsidiaries to maintainto, and preserve maintain all of its Property which is used or necessary and useful in its business in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Emons Transportation Group Inc)

Maintenance of Property. The Except as otherwise permitted under Section 9.04(c) or Section 9.04(d), the Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainSubsidiary to, maintain and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Credit Agreement (Lsi Logic Corp)

Maintenance of Property. The Each Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain all of its property necessary and preserve all its Property which is used or useful in the conduct of its business in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Cerprobe Corp)

Maintenance of Property. The Each Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, maintain and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted excepted, and make all reasonably necessary repairs thereto and renewals and replacements thereof, except as permitted under by Section 7.02(b) hereof5.2.

Appears in 1 contract

Samples: Loan Agreement (WebXU, Inc.)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain all of its property necessary and preserve all its Property which is used or useful in its business in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Country Star Restaurants Inc)

Maintenance of Property. The (a) Each Person composing the Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofshall make all necessary repairs thereto and renewals and replacements thereof.

Appears in 1 contract

Samples: Credit Agreement (FTE Networks, Inc.)

Maintenance of Property. The Borrower shall maintain, and shall cause each Subsidiary of its Significant Subsidiaries the Borrower, if any, to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear and casualty events excepted and make all necessary repairs thereto and renewals and replacements thereof except as permitted under Section 7.02(b) hereofwhere the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Uncommitted Credit Agreement (Par Pacific Holdings, Inc.)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereof.excepted. (e)

Appears in 1 contract

Samples: Revolving Credit Agreement (Southwest Gas Corp)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, (i) maintain all of its material properties and preserve all its Property which is used or useful in its business assets in good condition, repair and working order and conditionorder, ordinary wear and tear excepted excepted, and except as permitted under Section 7.02(b(ii) hereofmaintain and keep in full force and effect all material rights in respect of Intellectual Property used in the business of the Borrower and its Subsidiaries, free from any material infringement.

Appears in 1 contract

Samples: Credit Agreement (Global Payments Inc)

Maintenance of Property. The Borrower shall maintain, and shall cause ----------------------- each of its Significant Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and make all necessary repairs thereto and renewals and replacements thereof except as permitted under Section 7.02(b) hereofwhere the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Shade Acquisition Inc)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and make all necessary repairs thereto and renewals and replacements thereof except as permitted under Section 7.02(b) hereof.in any case where the failure to do so could not reasonably be expected to have a Material Adverse Effect.............................................. 57 7.06

Appears in 1 contract

Samples: Credit Agreement (Atmos Energy Corp)

Maintenance of Property. The Borrower shall maintain, and shall cause ----------------------- each of its Significant Subsidiaries to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and make all necessary repairs thereto and renewals and replacements thereof except as permitted under Section 7.02(b) hereofin any case where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Atmos Energy Corp)

Maintenance of Property. The Borrower shall maintainwill, and shall it will cause each of its Significant Subsidiaries to maintainto, at all times, preserve and preserve maintain all its of the Property which is used or useful and necessary in the conduct of its business in good adequate working order and condition(taking into consideration the condition of any such Property in existence at the time of the Initial Offering), ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Revolving Credit Agreement (Halter Marine Group Inc)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, maintain and preserve all ----------------------- its Property property which is used or useful in its business business, including the Properties, in good working order and condition, ordinary wear and tear excepted excepted, and make all necessary repairs thereto and renewals and replacements thereof except as permitted under Section 7.02(b) hereofwhere the failure to do so could not reasonably be expected to have a Material Adverse Effect. The Borrower shall use the standard of care typical in the industry in the operation and maintenance of its facilities.

Appears in 1 contract

Samples: Credit Loan Agreement (Catellus Development Corp)

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