Common use of Condition and Repair Clause in Contracts

Condition and Repair. Borrower will maintain its assets in good repair and working order and will make all appropriate repairs and replacements thereof.

Appears in 4 contracts

Samples: Master Note (Peoples Bancorp Inc), Credit Agreement (Obsidian Enterprises Inc), Credit Agreement (Ogara Co /Oh/)

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Condition and Repair. Borrower will shall maintain its assets in good repair and working order and will shall make all appropriate repairs and replacements thereof.

Appears in 3 contracts

Samples: Credit Agreement (Energy Inc.), Credit Agreement (Energy Inc.), Credit Agreement (Energy Inc.)

Condition and Repair. Borrower will maintain its assets taken as a whole in good repair and working order (making allowances for obsolescence in the ordinary course and normal wear and tear) and will make all appropriate repairs and replacements thereof.

Appears in 3 contracts

Samples: Credit Agreement (Merrymeeting Inc), Credit Agreement (Merrymeeting Inc), Credit Agreement (Frontier Adjusters of America Inc)

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Condition and Repair. Borrower will maintain its assets in good repair and working order order, ordinary wear and tear excepted, and will make all appropriate repairs and replacements thereof.

Appears in 1 contract

Samples: Credit Agreement (Dupont Photomasks Inc)

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