Equipment and Real Property Covenants. With respect to the Equipment and Real Property: (a) Borrower shall keep the Equipment in good order, repair, running and marketable condition (ordinary wear and tear excepted); (b) 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 except where the failure to do so would not be reasonably likely to have a Material Adverse Effect; (c) the Equipment is and shall be used in Borrower's business and not for personal, family, household or farming use;
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Samples: Loan and Security Agreement (Congoleum Corp), Loan and Security Agreement (American Biltrite Inc)
Equipment and Real Property Covenants. With respect to the Equipment and Real Property:
Property subject to the Mortgages: (a) Borrower Borrowers and Guarantors shall keep the Equipment in good order, repair, running and marketable condition (ordinary wear and tear excepted); (b) 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 material conformity with all applicable laws except where the failure to do so would not be reasonably likely to have a Material Adverse Effectlaws; (c) the Equipment is and shall be used in Borrower's the business of Borrowers and Guarantors and not for personal, family, household or farming use;
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Samples: Loan and Security Agreement (J Crew Operating Corp)
Equipment and Real Property Covenants. With respect to the Equipment and Real Property:
: (a) Borrower shall keep the Equipment in good order, repair, running and marketable condition (ordinary wear and tear exceptedexcepted and except as to obsolete or worn-out Equipment or Equipment no longer used in the business); (b) Borrower shall use the Equipment and the Real Property with all reasonable care and caution and in accordance with applicable standards of any insurance and in conformity with all applicable laws except where the failure to do so would not be reasonably likely to have a Material Adverse Effectin all material respects; (c) the Equipment is and shall be used in Borrower's the business of Borrower and not for personal, family, household or farming use;; and
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