Condition and Maintenance of Equipment. The Equipment of the Grantors, taken as a whole, is in good repair, operating order and condition, ordinary wear and tear, casualty and condemnation excepted. Each Grantor will maintain its Equipment in accordance with Section 5.03 of the Credit Agreement.
Appears in 2 contracts
Samples: Security Agreement (Solutia Inc), Security Agreement (Solutia Inc)
Condition and Maintenance of Equipment. The Equipment of the Grantors, taken as a whole, such Grantor is in good repair, operating working order and condition, ordinary reasonable wear and tear, casualty and condemnation excepted. Each Grantor will maintain its Equipment in accordance with Section 5.03 of the Credit Agreement.
Appears in 1 contract
Samples: Security Agreement (Solutia Inc)
Condition and Maintenance of Equipment. The Equipment of the Grantors, taken as a whole, such Grantor is in good repair, operating working order and condition, ordinary reasonable wear and tear, casualty and condemnation excepted. Each Grantor will maintain its Equipment in accordance with Section 5.03 of the Revolving Credit Agreement.
Appears in 1 contract
Samples: Security Agreement (Solutia Inc)
