Common use of Property Maintenance Clause in Contracts

Property Maintenance. Borrower will keep property that is necessary or useful in its business in good working condition by making all needed repairs, replacements and improvements and by making payments due on the property.

Appears in 6 contracts

Samples: Loan Agreement (Suncoast Holdings, Inc), Loan Agreement (Husker Ag LLC), Commercial Loan Agreement (Husker Ag LLC)

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Property Maintenance. The Borrower will keep property that is necessary or useful in its business properties in good repair, working order, and condition by making all needed and from time to time make any needful and proper repairs, replacements renewals, replacements, extensions, additions, and improvements and by making payments due on thereto so that the propertybusiness of the Borrower will be conducted at all times in accordance with prudent business management.

Appears in 2 contracts

Samples: Construction Loan Agreement (Cardinal Ethanol LLC), Construction Loan Agreement (Red Trail Energy, LLC)

Property Maintenance. Borrower will keep all tangible and intangible property that is Borrower consider necessary or useful in its Borrower’s business in good working condition by making all needed repairs, replacements and improvements and by making all rental, lease or other payments due on the this property.

Appears in 1 contract

Samples: Loan and Security Agreement (Rf Monolithics Inc /De/)

Property Maintenance. Borrower will shall keep property that is necessary or useful in its business the Property in good repair, working condition by making order and con- dition, and from time to time, make all needed needful and proper repairs, replacements renewals, replacements, additions and improvements thereto, so that the business of Borrower may be carried on properly and by making payments due on the propertycontinuously in accordance with prudent business management.

Appears in 1 contract

Samples: Façade Loan Agreement

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Property Maintenance. Borrower will keep all tangible and intangible property that is Borrower consider necessary or useful in its Borrower’s business in good working condition by making all needed repairs, replacements and improvements and by making all rental, lease or other payments due on the this property.

Appears in 1 contract

Samples: Commercial Loan Agreement (Rf Monolithics Inc /De/)

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