Common use of Preservation of Assets Clause in Contracts

Preservation of Assets. Each Obligor shall and each of them shall ensure that each other member of the Group shall, maintain and preserve all of its assets that are necessary and material in the conduct of its business as conducted at the date hereof in good working order and condition, ordinary wear and tear excepted.

Appears in 3 contracts

Samples: Agreement (Freeseas Inc.), Agreement (FreeSeas Inc.), Agreement (FreeSeas Inc.)

AutoNDA by SimpleDocs

Preservation of Assets. Each Obligor shall, and shall and each of them shall ensure procure that each other member of the Group shall, maintain and preserve all of its assets that are necessary and material in the conduct of its business as conducted at the date hereof in good working order and condition, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Credit Agreement (United Surgical Partners International Inc), Credit Agreement (United Surgical Partners International Inc)

Preservation of Assets. Each Obligor shall (and each of them the Investor shall ensure that each other member of the Group shall, will) maintain in good working order and preserve condition (ordinary wear and tear excepted) all of its assets that are necessary and material or desirable in the conduct of its business as conducted at the date hereof in good working order and condition, ordinary wear and tear exceptedbusiness.

Appears in 2 contracts

Samples: Facility Agreement (Central European Distribution Corp), And Restatement Agreement (Central European Distribution Corp)

Preservation of Assets. Each Obligor shall (and each of them shall ensure that each other member of the Group shall, will) maintain in good working order and preserve condition (ordinary wear and tear excepted) all of its assets that are necessary and material or desirable in the conduct of its business as conducted at the date hereof in good working order and condition, ordinary wear and tear exceptedbusiness.

Appears in 2 contracts

Samples: Facilities Agreement (Lesaka Technologies Inc), GBF Agreement (Net 1 Ueps Technologies Inc)

Preservation of Assets. Each Obligor shall shall, and each of them the Company shall ensure that each other member of the Group shallwill, maintain and preserve all of its assets that are necessary and material in or desirable for the conduct of its business business, as conducted at the date hereof of this Agreement, in good working order and condition, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Agreement (Alliance Data Systems Corp), Agreement (Alliance Data Systems Corp)

Preservation of Assets. Each Obligor shall shall, and each of them the Company shall ensure that each other member of the Group shallwill, maintain and preserve all of its assets that are necessary and material in for the conduct of its business business, as conducted at the date hereof of this Agreement, in good working order and condition, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Agreement (SunOpta Inc.), Multipurpose Facilities Agreement (SunOpta Inc.)

Preservation of Assets. Each Obligor shall (and each of them the Company shall ensure that each other member of the Group shall, ) maintain and preserve preserve, in good working order and condition (ordinary wear and tear excepted) all of its assets that are necessary and material or desirable in the conduct of its business business, as conducted at the date hereof in good working order of this Agreement, including without being limited to its computers and condition, ordinary wear and tear exceptedcomputer systems.

Appears in 1 contract

Samples: Facilities Agreement (Equinix Inc)

AutoNDA by SimpleDocs

Preservation of Assets. Each Obligor shall (and each of them the Company shall ensure that each other member of the Group shall, will) maintain and preserve all of its assets that are necessary and material in the conduct of its business as conducted at the date hereof in good working order and condition, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Agreement (SGL Carbon Aktiengesellschaft)

Preservation of Assets. Each Obligor shall (and each of them shall ensure that each other member of the Group shall, Member will) maintain in good working order and preserve condition (ordinary wear and tear excepted) all of its assets that are necessary and material or desirable in the conduct of its business as conducted at the date hereof in good working order and condition, ordinary wear and tear exceptedbusiness.

Appears in 1 contract

Samples: Facilities Agreement (3SBio Inc.)

Preservation of Assets. Each Obligor shall (and each of them Obligor shall ensure that each other member of the Group shall, will) maintain in good working order and preserve condition (ordinary wear and tear excepted) all of its assets that are necessary and material or desirable in the conduct of its business as conducted at the date hereof in good working order and condition, ordinary wear and tear exceptedbusiness.

Appears in 1 contract

Samples: Agreement (KNOT Offshore Partners LP)

Time is Money Join Law Insider Premium to draft better contracts faster.