Operations and Properties. Company will act prudently and in accordance with customary industry standards in managing or operating its assets, properties, business and investments; Company will keep in good working order and condition, ordinary wear and tear excepted, all of its assets and properties which are necessary to the conduct of its business.
Appears in 3 contracts
Sources: Revolving Credit Agreement (Tandycrafts Inc), Revolving Credit Agreement (Tandycrafts Inc), Revolving Credit Agreement (Tandycrafts Inc)
Operations and Properties. Each Company will act prudently and in accordance with customary industry standards in managing or operating its assets, properties, business and investments; . Each Company will keep in good working order and condition, ordinary wear and tear excepted, all of its assets and properties which are necessary to the conduct of its business, including without limitation all ▇▇▇▇▇ and equipment necessary or useful in the operation of the Mineral Interests.
Appears in 3 contracts
Sources: Second Lien Term Loan Agreement (Goodrich Petroleum Corp), Credit Agreement (Goodrich Petroleum Corp), Credit Agreement (Goodrich Petroleum Corp)
Operations and Properties. Each Company will act prudently and in accordance with customary industry standards in managing or operating its assets, properties, business and investments; . Each Company will keep in good working order and condition, ordinary wear and tear excepted, all of its assets and properties which are necessary to the conduct of its business, including without limitation all w▇▇▇▇ and equipment necessary or useful in the operation of the Mineral Interests.
Appears in 2 contracts
Sources: Credit Agreement (Goodrich Petroleum Corp), Second Lien Term Loan Agreement (Goodrich Petroleum Corp)
Operations and Properties. Company will Shall act prudently and prudently, in accordance with customary industry standards standards, in managing or operating its assetsbusiness, investments, assets and properties, business and investments; Company will keep shall maintain them in good working order and condition, ordinary wear and tear excepted, all of its assets and properties which are necessary to the conduct of its business.
Appears in 2 contracts
Sources: Credit Agreement (Third Point Private Capital Partners), Credit Agreement (Commonwealth Credit Partners BDC I, Inc.)