Equipment and Real Property Covenants. With respect to the Equipment and Real Property: (a) each Borrower shall keep the Equipment in good order, repair, running and marketable condition (ordinary wear and tear excepted); (b) each Borrower shall use the Equipment and Real Property with all reasonable care and caution and in accordance with applicable standards of any insurance and in conformity with all applicable laws; and (c) each Borrower assumes all responsibility and liability arising from the use of the Equipment and Real Property.
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Samples: Loan and Security Agreement (Pep Boys Manny Moe & Jack), Loan and Security Agreement (Pep Boys Manny Moe & Jack), Loan and Security Agreement (Pep Boys Manny Moe & Jack)
Equipment and Real Property Covenants. With respect to the Equipment and Real Property: (a) each Borrower Loan Parties shall keep the Equipment in good order, repair, running order and marketable condition repair (ordinary wear and tear excepted); (b) each Borrower Loan Parties shall use the Equipment and Real Property with all reasonable care and caution and in accordance with applicable standards of any insurance and in material conformity with all applicable laws; and (c) each Borrower assumes all responsibility and liability arising from the use of the Equipment is and Real Propertyshall be used in the business of Loan Parties and not for personal, family, household or farming use.
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Samples: Loan and Security Agreement (Louisiana-Pacific Corp), Loan and Security Agreement (Louisiana-Pacific Corp)
Equipment and Real Property Covenants. With respect to the Equipment and Real Property: (a) each Borrower and Guarantors shall keep the Equipment in good order, repair, running and marketable condition (ordinary wear and tear excepted); (b) each , provided that Borrower shall use the Equipment and Real Property with all reasonable care and caution and not be required to maintain, repair or improve any such property which in accordance with applicable standards of any insurance and in conformity with all applicable laws; and (c) each Borrower assumes all responsibility and liability arising from the use of the Equipment and Real Property.its reasonable, good faith opinion is obsolete,
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Equipment and Real Property Covenants. With respect to the Equipment and Real Property: (a) each Borrower Borrowers and Guarantors shall keep the Equipment in good order, repair, running and marketable condition (ordinary wear and tear excepted); (b) each Borrower Borrowers and Guarantors shall use the Equipment and Real Property with all reasonable care and caution and in accordance with applicable standards of any insurance and in conformity with all applicable laws; and (c) each Borrower and Guarantor assumes all responsibility and liability arising from the use of the Equipment and Real Property.
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Samples: Loan and Security Agreement (Lighting Science Group Corp)
Equipment and Real Property Covenants. With respect to the Equipment and Real Property: (a) each Borrower Borrowers and Guarantors shall use commercially reasonable efforts to keep the Equipment Equipment, taken as a whole, in good order, repair, running and marketable condition (ordinary wear and tear excepted); ) in all material respects and (b) each Borrower Borrowers and Guarantors shall use the all Equipment and Real Property in which they have an interest, in all material respects with all reasonable care and caution and in accordance with applicable standards of any insurance and in conformity with all applicable laws; and (c) each Borrower assumes laws in all responsibility and liability arising from the use of the Equipment and Real Propertymaterial respects.
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