Common use of Assets and Property Clause in Contracts

Assets and Property. Borrower will maintain, keep, and preserve, or cause to be maintained, kept and preserved, the Collateral in good working order and condition, ordinary wear and tear excepted.

Appears in 4 contracts

Samples: Borrowing Base Revolving Line of Credit Agreement (Cole Credit Property Trust Iv, Inc.), Borrowing Base Revolving Line of Credit Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.), Borrowing Base Revolving Line of Credit Agreement (Cole Credit Property Trust Iv, Inc.)

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Assets and Property. Borrower will maintain, keep, and preserve, or cause to be maintained, kept and preserved, the Collateral in good working order and condition, ordinary wear and tear excepted, in each case to the extent that failure to do so would result in a Material Adverse Change.

Appears in 1 contract

Samples: Borrowing Base Revolving Line of Credit Agreement (Cole Credit Property Trust III, Inc.)

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