Common use of Security property Clause in Contracts

Security property. The Borrower and each Guarantor will maintain and protect all of its Security Property and will not take any action that is reasonably likely to result in the business of the Group not remaining capable of operating in a manner that will enable the Borrower to meet its obligations.

Appears in 2 contracts

Sources: Syndicated Senior Secured Debt Facility Agreement (Uih Australia Pacific Inc), Loan Agreement (Uih Australia Pacific Inc)