Properties in Good Condition. All the material properties of Borrower and Guarantors are, and all material properties to be added in connection with any contemplated expansion will be in good repair and good working order and condition in a manner consistent with past practices of Borrower and Guarantors, and comparable to industry standards and are and will be in compliance with all Applicable Laws.
Appears in 2 contracts
Samples: Credit Agreement (Gargoyles Inc), Credit Agreement (Gargoyles Inc)
Properties in Good Condition. All the material properties of Borrower and Guarantors are, and all material properties to be added in connection with any contemplated expansion will be in good repair and good working order and condition in a manner consistent with past practices of Borrower and GuarantorsBorrower, and comparable to industry standards and are and will be in compliance with all Applicable Laws.
Appears in 2 contracts
Samples: Credit Agreement (Flow International Corp), Credit Agreement (Gargoyles Inc)
