Common use of Equipment and Real Property Covenants Clause in Contracts

Equipment and Real Property Covenants. With respect to the Equipment ------------------------------------- and Real Property: (a) upon Lender's request, Borrower shall, at its expense, no more than once in any twelve (12) month period, but at any time or times as Lender may request on or after an Event of Default, deliver or cause to be delivered to Lender written appraisals as to the Equipment and/or Real Property in form, scope and methodology acceptable to Lender and by an appraiser acceptable to Lender, addressed to Lender, and upon which Lender is expressly permitted to rely, (b) Borrower shall keep its Equipment in good order, repair, running and marketable condition (ordinary wear and tear excepted); (c) Borrower shall use its Equipment and Real Property with all reasonable care and caution and in accordance with applicable standards of any insurance and in conformity in all material respects with all applicable laws; (d) the Equipment is and shall be used in Borrower's business and not for personal, family, household or farming use; (e) Borrower shall

Equipment and Real Property Covenants. With respect to the Equipment ------------------------------------- and Real Property: (a) upon LenderAgent's request, Borrower shall, at its their expense, no more than once one (1) time in any twelve (12) month period, but at any time or times as Lender Agent may request on or after an Event of Default, deliver or cause to be delivered to Lender Agent written appraisals as to the Equipment and/or the Real Property described on Exhibit D in form, scope and methodology acceptable to Lender Agent and by an appraiser acceptable to LenderAgent, addressed to Lender, Agent and upon which Lender Agent is expressly permitted to relyrely (provided, that, Borrower shall not be liable for Equipment appraisals unless an Event of Default exists); (b) Borrower shall keep its the Equipment in good order, repair, running and marketable in its current condition (ordinary wear and tear excepted); (c) Borrower shall use its the Equipment and Real Property with all reasonable care and caution and in accordance with applicable standards of any insurance and in conformity in all material respects with all applicable laws; (d) the Equipment is and shall be used in Borrower's the business of Borrower and not for personal, family, household or farming use; (e) Borrower shallshall not remove any Equipment from the locations set forth or