Equipment, Fixtures and Inventory. Debtor shall keep the Equipment, Fixtures, and Inventory at (or in transit to) any of the locations specified on SCHEDULE 3.1 hereto or, upon not less than thirty (30) days prior written notice to Secured Party, at such other places within the United States of America where all actions required to perfect Secured Party's security interest in such Collateral with the priority required by the Loan Documents shall have been taken.
Equipment, Fixtures and Inventory. (a) Debtor shall keep its Equipment (other than vehicles), Fixtures and Inventory (other than Inventory in transit) constituting Collateral and having a value in excess of $100,000 at the locations specified on Schedule 4 or at such other places within the U.S. where all action required to perfect Secured Party's security interest in any such Equipment, Fixtures and Inventory with the priority required by the Restated Lease Agreement shall have been taken; provided that if any such Equipment (other than vehicles), Fixtures or Inventory (other than Inventory in transit) is being relocated to any jurisdiction where the security interest of Secured Party under this Agreement has not been previously perfected, then in such case Debtor shall deliver prompt (and in any event within not less than 30 days) notice thereof to Secured Party.
(b) Debtor shall maintain material Equipment, Fixtures and Inventory constituting Collateral in good condition and repair (ordinary wear and tear excepted) and in accordance with the terms of the Restated Lease Agreement. Debtor shall not permit any waste or destruction of such Equipment, Fixtures or Inventory or any part thereof. Debtor shall not permit such Equipment, Fixtures or Inventory to be used in violation of any law, rule or regulation or the terms of any policy of insurance. Debtor shall not use or permit any of such Equipment, Fixtures or Inventory to be used in any manner or for any purpose that would impair its value or expose it to unusual risk.
(c) Within 45 days of the end of each of Debtor's fiscal quarters, Debtor shall provide Secured Party with a report setting forth in reasonable detail any change during such preceding fiscal quarter of the location of any Equipment, Fixtures or Inventory (unless such location is one of the locations already specified on Schedule 4) constituting Collateral.
Equipment, Fixtures and Inventory. (a) Debtor shall keep the Equipment, Fixtures and Inventory pledged by it hereunder (other than Inventory sold in the ordinary course of business) at the places therefor specified in Section 2.01(a) herein or, upon thirty days' prior written notice to Administrative Agent, at such other places in such jurisdiction where all action required by Section 3.01 herein shall have been taken with respect to the Equipment and Inventory.
(b) Debtor shall, and shall cause each Subsidiary of the Debtor to, maintain or cause to be maintained all their material Properties necessary to the conduct of their business (whether owned or held under lease) in reasonably good repair, working order and condition, taken as a whole, and from time to time make or cause to be made all appropriate repairs, renewals, replacements, additions, betterments and improvements thereto.
(c) The Debtor shall, and shall cause each Subsidiary of the Debtor to, pay and discharge all Taxes, assessments and governmental charges or levies imposed upon it or its income or Properties prior to the date on which penalties attach thereto, and all lawful material claims for labor, materials and supplies which, if unpaid, might become a Lien upon any of their Properties, except those Taxes, assessments and charges contested by the Debtor diligently in good faith, and for which adequate reserves have been established in accordance with GAAP. The Debtor shall, and shall cause the Parent, and each Subsidiary of the Debtor to, timely file all information returns required by federal, state or local Tax authorities.
Equipment, Fixtures and Inventory. (a) Debtor shall keep the Equipment, Fixtures and Inventory pledged by it hereunder (other than Inventory sold in the ordinary course of business) at the places therefor specified in Section 2.01(a) herein or, upon thirty days' --------------- prior written notice to Administrative Lender, at such other places in such jurisdiction where all action required by Section 3.01 herein shall have been ------------ taken with respect to the Equipment and Inventory.
(b) Debtor shall maintain or cause to be maintained all their material Properties necessary to the conduct of their business (whether owned or held under lease) in reasonably good repair, working order and condition, taken as a whole, and from time to time make or cause to be made all appropriate repairs, renewals, replacements, additions, betterments and improvements thereto.
(c) The Debtor shall pay and discharge all Taxes, assessments and governmental charges or levies imposed upon it or its income or Properties prior to the date on which penalties attach thereto, and all lawful material claims for labor, materials and supplies which, if unpaid, might become a Lien upon any of their Properties, except those Taxes, assessments and charges contested by the Debtor diligently in good faith, and for which adequate reserves have been established in accordance with GAAP. The Debtor shall timely file all information returns required by federal, state or local Tax authorities.
Equipment, Fixtures and Inventory. It shall keep its equipment, fixtures and inventory at (or in transit to) any of its locations specified on Schedule 3.1 hereto or, upon thirty (30) days prior written notice to the Agent, at such other places within the United States of America where all action required to perfect and protect the Agent's security interest in such Collateral with the priority required by the Credit Agreement shall have been taken. Subject to Section 10.10 of the Credit Agreement, it shall notify the Agent if it acquires after the date hereof any equipment for which a certificate of title has been issued, any vessel subject to the Ship Mortgage Act of 1920 or any aircraft and shall take all action reasonably deemed necessary or desirable by the Agent to create, perfect and protect its interest in such Collateral with the priority required by the Credit Agreement.
Equipment, Fixtures and Inventory. (a) The Debtor shall not keep the Equipment, Fixtures and Inventory pledged by it hereunder (other than Inventory sold in the ordinary course of business) in any location other than the places specified in Schedule 1 unless no later than 15 days prior to removal from any such location the Debtor has delivered to the Collateral Agent a financing statement for such Equipment, Fixtures and Inventory kept by the Debtor at such other location or such other documentation in the opinion of the Collateral Agent which is reasonably necessary to properly perfect or maintain the perfection of the security interest granted herein in such Collateral.
Equipment, Fixtures and Inventory. Except as otherwise permitted by Section 4.3, the Debtor shall keep the Equipment, Fixtures, and Inventory at (or in transit to) any of the locations specified on Schedule 3.1 or, upon completion of an amendment to Schedule 3.1 and thirty (30) days, or such shorter time as the Agent may agree to, prior written notice to the Agent, at such other places within the United States of America where all action required to perfect the Agent's security interest in such Collateral with the priority required by the Loan Documents shall have been taken.
Equipment, Fixtures and Inventory. (a) Borrower shall keep the Equipment, Fixtures and Inventory pledged by it hereunder (other than Inventory sold in the ordinary course of business or in transit between two permitted locations) at the places therefor specified herein or, upon thirty days' prior written notice to Secured Party, at such other places in such jurisdictions where all action required by Section 7 herein shall have been taken with respect to the Equipment and Inventory.
(b) Borrower shall, and shall cause each Subsidiary of the Borrower to, maintain or cause to be maintained all their material Properties necessary to the conduct of their business (whether owned or held under lease) in reasonably good repair, working order and condition, taken as a whole, and from time to time make or cause to be made all reasonably necessary repairs, renewals, replacements, additions, betterments and improvements thereto.
(c) Borrower shall, and shall cause each Subsidiary of Borrower, if any, to pay and discharge all Taxes, assessments and governmental charges or levies imposed upon it or its income or Properties prior to the date on which penalties attach thereto, and all lawful material claims for labor, materials and supplies which, if unpaid, might become a Lien upon any of their properties, except those Taxes, assessments, charges or levies contested by Borrower diligently in good faith, and for which adequate reserves have been established in accordance with GAAP. Borrower shall, and shall cause each Subsidiary of Borrower to, timely file all information returns required by federal, state or local Tax authorities.
Equipment, Fixtures and Inventory. It shall keep its equipment, fixtures and inventory at (or in transit to or from) any of its locations specified on Schedule 3.1 hereto or, upon thirty (30) days prior written notice to the Administrative Agent, at such other places within the United States of America where all action required to perfect and protect the Administrative Agent's security interest in such Collateral with the priority required by the Credit Agreement shall have been taken; provided however, that the aggregate amount of equipment, fixtures and inventory located outside the United States of America shall at no time exceed an aggregate amount equal to $3,000,000. It shall notify the Administrative Agent if it acquires after the date hereof any equipment for which a certificate of title has been issued, any vessel subject to the Ship Mortgage Act of 1920 or any aircraft and shall take all action reasonably deemed necessary or desirable by the Administrative Agent to create, perfect and protect its interest in such Collateral with the priority required by the Credit Agreement subject to Section 4.2.
Equipment, Fixtures and Inventory. (a) Each Company Party shall keep the Equipment, Fixtures and Inventory pledged by it hereunder (other than Inventory sold in the ordinary course of business or in transit between two permitted locations) at the places therefor specified herein or, upon thirty days' prior written notice to Secured Party, at such other places in such jurisdictions where all action required by Section 7 herein shall have been taken with respect to the Equipment and Inventory.
(b) Each Company Party shall maintain or cause to be maintained all their material properties necessary to the conduct of their business (whether owned or held under lease) in reasonably good repair, working order and condition, taken as a whole, and from time to time make or cause to be made all reasonably necessary repairs, renewals, replacements, additions, betterments and improvements thereto.
(c) Each Company Party shall pay and discharge all Taxes, assessments and governmental charges or levies imposed upon it or its income or properties prior to the date on which penalties attach thereto, and all lawful material claims for labor, materials and supplies which, if unpaid, might become a Lien upon any of their properties, except those Taxes, assessments, charges or levies contested by such Company Party diligently in good faith, and for which adequate reserves have been established in accordance with GAAP. Each Company Party shall timely file all information returns required by federal, state or local Tax authorities.
