Common use of Maintain Assets Clause in Contracts

Maintain Assets. Maintain and keep its assets, properties and equipment in good repair, working order and condition and from time to time make or cause to be made all needed renewals, replacements and repairs so that at all times Borrower’s business can be operated efficiently.

Appears in 6 contracts

Samples: Loan Agreement, Loan Agreement (Wsi Industries, Inc.), Loan Agreement (Wsi Industries, Inc.)

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Maintain Assets. Maintain and keep its assets, properties and equipment in good repair, working order and condition and from time to time make or cause to be made all needed renewals, replacements and repairs so that at all times Borrower’s 's business can be operated efficiently.

Appears in 2 contracts

Samples: Loan Agreement (Summer Energy Holdings Inc), Loan Agreement (Scio Diamond Technology Corp)

Maintain Assets. Maintain and keep its assets, properties and equipment in good repair, working order and condition and from time to time (ordinary wear and tear excepted), and make or cause to be made all needed renewals, replacements and repairs necessary, in Borrower’s reasonable discretion, so that at all times the Borrower’s business can be operated efficiently.

Appears in 1 contract

Samples: Loan Agreement (Clearfield, Inc.)

Maintain Assets. Maintain and keep its assets, properties and equipment in good repair, working order and condition (wear and tear excepted) and from time to time make or cause to be made all needed renewals, replacements and repairs so that at all times Borrower’s business can be operated efficiently.

Appears in 1 contract

Samples: Loan Agreement (Minn Shares Inc)

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Maintain Assets. Maintain Keep all tangible assets necessary for the operation of and keep its assets, properties and equipment used in the Borrower’s business in reasonably good repair, working order and condition condition, and from time to time make all necessary repairs, renewals or cause to be made all needed renewals, replacements and repairs so that at all times Borrower’s business can be operated efficientlythereof.

Appears in 1 contract

Samples: Loan Agreement (Iron Mining Group, Inc.)

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