Common use of Condition and Repair Clause in Contracts

Condition and Repair. Borrower shall maintain in good repair and working order all material properties used in its business and from time to time shall make all appropriate repairs and replacements thereof.

Appears in 7 contracts

Samples: Loan and Security Agreement (Physician Health Corp), Loan and Security Agreement (Physician Health Corp), Loan and Security Agreement (Physician Health Corp)

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Condition and Repair. Borrower shall maintain in good repair and working order all material properties used in its their business and from time to time shall make all appropriate repairs and replacements thereof.

Appears in 3 contracts

Samples: Loan and Security Agreement (American Healthchoice Inc /Ny/), Loan and Security Agreement (Healthcare Imaging Services Inc), Loan and Security Agreement (Clixhealth Com Inc)

Condition and Repair. Borrower and its Affiliates shall maintain in good repair and working order all material properties used in its their business and from time to time shall make all appropriate repairs and replacements thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (American Shared Hospital Services), Loan and Security Agreement (American Shared Hospital Services)

Condition and Repair. Borrower shall maintain its equipment used in the operation of its business in good repair and working order all material properties used in its business and from time to time shall make all appropriate repairs repairs, improvements and replacements thereofthereof so that the business carried on in connection therewith may be properly and advantageously conducted at all times.

Appears in 2 contracts

Samples: Loan Agreement (JP Outfitters, Inc.), Loan Agreement (JP Outfitters, Inc.)

Condition and Repair. Borrower and its Affiliates shall maintain in good repair and working order all material properties used in its their business and from time to time shall make all appropriate repairs and replacements thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (American Shared Hospital Services)

Condition and Repair. Borrower and Guarantor shall maintain in good repair and working order all material properties used in its business and from time to time shall make all appropriate repairs and replacements thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (U S Diagnostic Inc)

Condition and Repair. Each Borrower shall will maintain in good repair and working order order, subject to normal wear and tear, all material properties used in its business and from time to time shall will make all appropriate repairs and replacements thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Meridian Bioscience Inc)

Condition and Repair. Borrower shall maintain in good repair and working order all material properties used in its business and from time to time shall make all appropriate repairs and replacements thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Sunlink Health Systems Inc)

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Condition and Repair. Borrower shall maintain its assets in good repair and working order all material properties used in its business and from time to time shall make all appropriate repairs repairs, improvements and replacements thereofthereof so that the business carried on in connection therewith may be properly and advantageously conducted at all times.

Appears in 1 contract

Samples: Credit Agreement (Bancinsurance Corp)

Condition and Repair. Borrower and Guarantors shall maintain in good repair and working order all material properties used in its business and from time to time shall make all appropriate repairs and replacements thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (U S Diagnostic Inc)

Condition and Repair. Borrower shall maintain in good repair and working order all material properties used in its their business and from form time to time shall make all appropriate repairs and replacements thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Compu Dawn Inc)

Condition and Repair. Borrower shall maintain in good repair and working order all material properties used in its business and from time to time shall make all reasonably appropriate repairs and replacements thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Occupational Health & Rehabilitation Inc)

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