Condition and Maintenance of Equipment. The Equipment of such Pledgor is in good repair, working order and condition, reasonable wear and tear excepted. Each Pledgor shall cause the Equipment to be maintained and preserved in good repair, working order and condition, reasonable wear and tear excepted, and shall as quickly as commercially practicable make or cause to be made all repairs, replacements and other improvements which are necessary or appropriate in the conduct of such Pledgor’s business.
Appears in 6 contracts
Samples: Security Agreement (Department 56 Inc), Security Agreement (Department 56 Inc), Security Agreement (Lenox Group Inc)
Condition and Maintenance of Equipment. The Equipment of such Pledgor is in good repair, working order and condition, reasonable ordinary wear and tear excepted. Each Pledgor shall cause the Equipment to be maintained and preserved in good repair, working order and condition, reasonable ordinary wear and tear excepted, and shall as quickly as commercially practicable reasonable make or cause to be made all repairs, replacements and other improvements which are necessary or appropriate in the conduct of such Pledgor’s businessbusiness except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.
Appears in 5 contracts
Samples: Security Agreement (Sportsman's Warehouse Holdings, Inc.), Security Agreement (Sportsman's Warehouse Holdings, Inc.), Security Agreement (Sportsman's Warehouse Holdings, Inc.)
Condition and Maintenance of Equipment. The Equipment of -------------------------------------- such Pledgor is in good repair, working order and condition, reasonable wear and tear excepted. Each Pledgor shall cause the Equipment to be maintained and preserved in good repair, working order and condition, reasonable wear and tear excepted, and shall as quickly as commercially practicable make or cause to be made all repairs, replacements and other improvements which are necessary or appropriate in the conduct of such Pledgor’s 's business.
Appears in 1 contract
Samples: Security Agreement (Raceland Truck Plaza & Casino LLC)
Condition and Maintenance of Equipment. The Equipment of such Pledgor is in good repair, working order and condition, reasonable wear and tear excepted. Each Pledgor shall cause the Equipment to be maintained and preserved in good repair, working order and condition, reasonable wear and tear excepted, and shall as quickly as commercially practicable make or cause to be made all repairs, replacements and other improvements which are necessary or appropriate in the conduct of such Pledgor’s 's business, except where the failure to make such repairs, replacements or improvements would not have a Collateral Material Adverse Effect.
Appears in 1 contract
