Common use of Maintenance and Inspection of Properties Clause in Contracts

Maintenance and Inspection of Properties. Maintain all of its tangible Properties in good repair and condition, ordinary wear and tear excepted; make all necessary replacements thereof and operate such Properties in a good and workmanlike manner; and permit any authorized representative of the Lender to visit and inspect, at the expense of the Borrower, any tangible Property of the Borrower.

Appears in 12 contracts

Samples: Credit Agreement (Primeenergy Corp), Credit Agreement (Rocky Mountain Energy Corp), Credit Agreement (Contango Oil & Gas Co)

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Maintenance and Inspection of Properties. Maintain all of its tangible Properties in good repair and condition, ordinary wear and tear excepted; make all necessary replacements thereof and operate such Properties in a good and workmanlike manner; and permit any authorized representative of the Lender Agent to visit and inspect, at the expense of the Borrower, any tangible Property of the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Primeenergy Corp), Credit Agreement (Primeenergy Corp)

Maintenance and Inspection of Properties. Maintain all of its tangible Properties in good repair and condition, ordinary wear and tear excepted; make all necessary replacements thereof and operate such Properties in a good and workmanlike manner; and permit on 2 Business Days prior notice any authorized representative of the Lender to visit and inspect, at the expense of the Borrower, any tangible Property of the BorrowerBorrower and/or the Co-Borrowers.

Appears in 2 contracts

Samples: Credit Agreement (Southern Mineral Corp), Credit Agreement (Southern Mineral Corp)

Maintenance and Inspection of Properties. Maintain all of its ---------------------------------------- tangible Properties in good repair and condition, ordinary wear and tear excepted; make all necessary replacements thereof and operate such Properties in a good and workmanlike manner; and permit any authorized representative of the Lender Lenders to visit and inspect, at the expense of the Borrower, any tangible Property of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Southern Mineral Corp)

Maintenance and Inspection of Properties. Maintain all of its tangible Properties in good repair and condition, ordinary wear and tear excepted; make all necessary replacements thereof and operate such Properties in a good and workmanlike manner; and permit any authorized representative of the Lender Lenders to visit and inspect, at the expense of the Borrower, any tangible Property of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Harken Energy Corp)

Maintenance and Inspection of Properties. Maintain The Borrower shall maintain all of its tangible Properties in good repair and condition, ordinary wear and tear excepted; make all necessary replacements thereof and operate such Properties in a good and workmanlike manner; and permit any authorized representative of the Lender to visit and inspect, at the expense of the Borrower, any tangible Property of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Exploration Co of Delaware Inc)

Maintenance and Inspection of Properties. Maintain all of its tangible Properties in good repair and condition, ordinary wear and tear excepted; make all necessary replacements thereof and operate such Properties in a good and workmanlike manner; and permit any authorized representative of the Lender to visit and inspect, at the expense of the BorrowerBorrowers, any tangible Property of the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Stratum Holdings, Inc.)

Maintenance and Inspection of Properties. Maintain all of its ---------------------------------------- tangible Properties in good repair and condition, ordinary wear and tear excepted; make all necessary replacements thereof and operate such Properties in a good and workmanlike manner; and permit any authorized representative of the Lender to visit and inspect, at the expense of the Borrower, any tangible Property of the BorrowerBorrower at reasonable times and upon reasonable advance notice.

Appears in 1 contract

Samples: Credit Agreement (Sheridan Energy Inc)

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Maintenance and Inspection of Properties. Maintain all of its their tangible Properties in good repair and condition, ordinary wear and tear excepted; make all necessary replacements thereof and operate such Properties in a good and workmanlike manner; and permit any authorized representative of the Lender to visit and inspect, at the expense of the BorrowerBorrowers, any tangible Property of the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (United Heritage Corp)

Maintenance and Inspection of Properties. Maintain all of its tangible material Properties in good repair and condition, ordinary wear and tear excepted; make all necessary replacements thereof and operate such Properties in a good and workmanlike manner; and permit on two Business Days prior written notice any authorized representative of the Agent or any Lender to visit and inspect, at the expense of the Borrower, inspect any tangible Property of the Borrowera Borrower or a Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Edge Petroleum Corp)

Maintenance and Inspection of Properties. Maintain all of its tangible Properties in good repair and condition, ordinary wear and tear excepted; make all necessary replacements thereof and operate such Properties in a good and workmanlike mannerthereof; and permit any authorized representative of the Lender to visit and inspect, at the expense of the Borrower, any tangible Property of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Midcoast Energy Resources Inc)

Maintenance and Inspection of Properties. Maintain all of its ---------------------------------------- tangible Properties in good repair and condition, ordinary wear and tear excepted; make all necessary replacements thereof and operate such Properties in a good and workmanlike manner; and permit any authorized representative of the Lender to visit and inspect, at the expense of the BorrowerBorrower and/or the Guarantor, any tangible Property of the BorrowerBorrower and/or the Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Pendaries Petroleum LTD)

Maintenance and Inspection of Properties. Maintain all of its tangible Properties (and cause its Subsidiaries to maintain all of their tangible Properties) in good repair and condition, ordinary wear and tear excepted; make all necessary replacements thereof and operate such Properties in a good and workmanlike mannerthereof; and permit any authorized representative of the Lender Administrative Agent to visit and inspect, at the expense of the Borrower, inspect any tangible Property of the BorrowerBorrower or any of its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Midcoast Energy Resources Inc)

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