Maintain Assets. Maintain its properties in good repair, working order and operating condition, except for unused or obsolete equipment. The Borrower shall immediately notify the Lender of any event causing material loss in the value of its assets.
Appears in 1 contract
Samples: Commercial Revolving Loan and Term Loan Agreement (Pharmaceutical Resources Inc)
Maintain Assets. Maintain its properties in good repair, --------------- working order order, and operating condition, except for unused or obsolete equipment. The Borrower shall immediately notify the Lender Fleet of any event causing material loss in the value of its assets.
Appears in 1 contract
Samples: Commercial Revolving Loan and Security Agreement (Bolt Technology Corp)
Maintain Assets. Maintain its properties in good repair, working order order, and operating condition, except for unused or obsolete equipment. The Borrower shall immediately notify the Lender Fleet of any event causing material loss in the value of its assets.
Appears in 1 contract
Samples: Commercial Revolving Loan and Security Agreement (Cognitronics Corp)
Maintain Assets. Maintain its properties in good repair, working order order, and operating condition, except for unused or obsolete equipment. The Borrower shall immediately notify the Lender Fleet of any event causing material loss in the value of its assetsassets overall.
Appears in 1 contract
