Common use of Good Condition Clause in Contracts

Good Condition. The Borrower and the Guarantor will maintain their respective Equipment, Real Property and other properties in good condition and repair (normal wear and tear excepted), and will pay and discharge or cause to be paid and discharged when due, the cost of repairs to or maintenance of the same, and will pay or cause to be paid all rental or mortgage payments due on such Equipment or Real Property.

Appears in 4 contracts

Samples: Loan and Security Agreement (Symbion Inc/Tn), Loan and Security Agreement (Symbion Inc/Tn), Loan and Security Agreement (Symbion Inc/Tn)

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Good Condition. The Borrower and Borrower, the Guarantor and Symbion will maintain their respective Equipment, Real Property and other properties in good condition and repair (normal wear and tear excepted), and will pay and discharge or cause to be paid and discharged when due, the cost of repairs to or maintenance of the same, and will pay or cause to be paid all rental or mortgage payments due on such Equipment or Real Property.

Appears in 2 contracts

Samples: Loan and Security Agreement (Symbion Inc/Tn), Loan and Security Agreement (Symbion Inc/Tn)

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Good Condition. The Borrower will maintain, and will cause the Guarantor will maintain Guarantors to maintain, their respective Equipment, Real Property and other properties in good condition and repair (normal wear and tear excepted), and will pay and discharge or cause to be paid and discharged when due, the cost of repairs to or maintenance of the same, and will pay or cause to be paid all rental or mortgage payments due on such Equipment or Real Property.

Appears in 1 contract

Samples: Loan and Security Agreement (Tba Entertainment Corp)

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