Common use of Maintain Business Clause in Contracts

Maintain Business. Borrower shall maintain in full force and effect all agreements, rights, trademarks, patents and licenses necessary to carry out its business in its reasonable business judgment, shall keep all of its assets and properties in good condition and repair, ordinary wear and tear excepted, and shall make all needed and proper repairs and improvements to its properties in order to properly conduct its business in its reasonable business judgment.

Appears in 2 contracts

Samples: Credit Agreement (Three Five Systems Inc), Credit Agreement (Three Five Systems Inc)

AutoNDA by SimpleDocs

Maintain Business. Borrower shall maintain in full force and effect all agreementslicenses, rightspermits, trademarksauthorizations, patents bonds, franchises and licenses other rights necessary or desirable to carry out the profitable conduct of its business in its reasonable business judgmentbusiness, shall keep all of its assets and properties in good condition and repair, ordinary wear and tear exceptedcontinue in, and limit its operations to, the same general lines of business as are presently conducted and shall make comply with all needed applicable laws, orders, regulations and proper repairs and improvements to ordinances of all governmental authorities, and, if a corporation or partnership, shall maintain its properties in order to properly conduct its business in its reasonable business judgment.corporate or partnership existence;

Appears in 2 contracts

Samples: Revolving Line of Credit Loan Agreement (Hypercom Corp), Revolving Line of Credit Loan Agreement (Schuff Steel Co)

Maintain Business. Borrower shall maintain in full force and effect all agreements, rights, trademarks, patents and licenses necessary to carry out its business in its reasonable business judgment, shall keep all of its assets and properties in good condition and repair, ordinary wear and tear excepted, and shall make all needed and proper repairs and improvements to its properties in order to properly conduct its business in its reasonable business judgment.

Appears in 1 contract

Samples: Credit Agreement (Three Five Systems Inc)

Maintain Business. Borrower shall maintain in full force and effect all agreements, rights, trademarks, patents rights and licenses necessary to carry out its business in its reasonable business judgmentbusiness, and shall keep all of its assets and properties in good condition and repair, repair (subject to ordinary wear and tear excepted, tear) and shall make all needed and proper repairs and improvements to its properties in order to properly conduct its business in its reasonable business judgmentbusiness.

Appears in 1 contract

Samples: Loan Agreement (Global Aircraft Solutions, Inc.)

AutoNDA by SimpleDocs

Maintain Business. Borrower shall maintain in full force and effect all agreementslicenses, rightspermits, trademarksauthorizations, patents bonds, franchises and licenses other rights necessary or desirable to carry out the profitable conduct of its business in its reasonable business judgmentbusiness, shall keep all of its assets and properties in good condition and repair, ordinary wear and tear exceptedcontinue in, and limit its operations to, the same general lines of business as are presently conducted and shall make comply with all needed applicable laws, orders, regulations and proper repairs and improvements to ordinances of all governmental authorities, and, if a corporation or partnership, shall maintain its properties in order to properly conduct its business in its reasonable business judgmentcorporate or partnership existence.

Appears in 1 contract

Samples: Revolving Inventory Loan and Security Agreement (Ammo, Inc.)

Maintain Business. Borrower shall maintain in full force and effect all agreements, rights, trademarks, patents rights and licenses necessary to carry out its business in its reasonable business judgmentbusiness, and shall keep all of its assets and properties in good condition and repair, ordinary wear and tear excepted, repair and shall make all needed and proper repairs and improvements to its properties in order to properly conduct its business in its reasonable business judgmentbusiness.

Appears in 1 contract

Samples: Loan Agreement (Global Aircraft Solutions, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!