Preservation of Assets. Each Obligor shall maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary in the conduct of its business.
Appears in 13 contracts
Samples: Revolving Credit Facility Agreement (Karooooo Ltd.), Agreement (Iridium Communications Inc.), Supplemental Agreement (Iridium Communications Inc.)
Preservation of Assets. Each Obligor shall maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary or desirable in the conduct of its business.
Appears in 3 contracts
Samples: Note Purchase Agreement, Common Terms Agreement (Sedibelo Resources LTD), Revolving Credit Facility Agreement (Drdgold LTD)
Preservation of Assets. Each Primary Obligor shall maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary or desirable in the reasonable opinion of such Primary Obligor in the conduct of its business.
Appears in 2 contracts
Samples: Syndicated Facility Agreement (Equinix Inc), Facility Agreement (Equinix Inc)
Preservation of Assets. Each Obligor shall maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary or desirable in the conduct of its business, save where failure to do so is not reasonably likely to have a Material Adverse Effect.
Appears in 1 contract
Samples: Facility Agreement (Delhaize Group)
Preservation of Assets. Each Obligor shall maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary or desirable in the conduct of its business, save where failure to do so would not have a Material Adverse Effect.
Appears in 1 contract
Samples: Facility Agreement (Delhaize Group)
Preservation of Assets. Each Obligor shall maintain and preserve all of its assets that are necessary for the conduct of its business, as conducted at the date of this Agreement, in good working order and condition (condition, ordinary wear and tear excepted) all of its assets necessary in the conduct of its business.
Appears in 1 contract
