Operation and Maintenance of Equipment. All of the Equipment and other tangible personal property owned by Borrower is in good operating condition and repair (subject to normal wear and tear) and has been used, operated and maintained in compliance in all material respects with all Applicable Laws.
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Samples: Loan and Security Agreement (Intest Corp), Loan and Security Agreement (Access Worldwide Communications Inc), Loan and Security Agreement (Intest Corp)
Operation and Maintenance of Equipment. All of the Equipment equipment and other tangible personal property owned by Borrower or any Subsidiary is in good operating condition and repair (subject to normal wear and tear) and has been used, operated and maintained in substantial compliance in all material respects with all Applicable Lawsapplicable laws, rules and regulations.
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Operation and Maintenance of Equipment. All of the Equipment and other tangible personal property owned by each Borrower which is used in the ordinary course of such Borrower's business is in good operating condition and repair (subject to normal wear and tear) and and, to the best of Borrowers' knowledge, has been used, operated and maintained in compliance in all material respects with all Applicable Laws.
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