Common use of Maintenance and Insurance Clause in Contracts

Maintenance and Insurance. (a) Each Grantor shall maintain or cause to be maintained, at its own expense, all of its material assets and properties in good working order and condition, ordinary wear and tear excepted, making all necessary repairs thereto and renewals and replacements thereof.

Appears in 29 contracts

Samples: Security Agreement (Kraig Biocraft Laboratories, Inc), Global Security Agreement (CoroWare, Inc,), Security Agreement (Kraig Biocraft Laboratories, Inc)

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Maintenance and Insurance. (a) Each Grantor of the Grantors shall maintain or cause to be maintained, at its own expense, all of its material assets and properties in good working order and condition, ordinary wear and tear excepted, making all necessary repairs thereto and renewals and replacements thereof.

Appears in 10 contracts

Samples: Security Agreement (Bitzio, Inc.), Security Agreement (Premier Beverage Group Corp), Security Agreement (Us Fuel Corp)

Maintenance and Insurance. (a) Each Grantor shall maintain or cause to be maintained, at its own respective expense, all of its material assets and properties in good working order and condition, ordinary wear and tear excepted, making all necessary repairs thereto and renewals and replacements thereof.

Appears in 3 contracts

Samples: Security Agreement (Kona Gold Beverage, Inc.), Security Agreement (Kona Gold Beverage, Inc.), Security Agreement (Kona Gold Beverage, Inc.)

Maintenance and Insurance. (a) Each Grantor shall maintain or cause to be maintained, at its own expense, all of its material assets and properties in good working order and condition, ordinary wear and tear excepted, making all necessary repairs thereto and renewals and replacements thereof.

Appears in 1 contract

Samples: Unit Purchase Agreement (Medivie USA Inc.)

Maintenance and Insurance. (a) Each The Grantor shall maintain or cause to be maintained, at its own expense, all of its material assets and properties in good working order and condition, ordinary wear and tear excepted, making all necessary repairs thereto and renewals and replacements thereof.

Appears in 1 contract

Samples: Security Agreement (CombiMatrix Corp)

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Maintenance and Insurance. (a) (a) Each Grantor shall maintain or cause to be maintained, at its own expense, all of its material assets and properties in good working order and condition, ordinary wear and tear excepted, making all necessary repairs thereto and renewals and replacements thereof.

Appears in 1 contract

Samples: Security Agreement (Hyperdynamics Corp)

Maintenance and Insurance. (a) Each The Grantor shall maintain or cause to be maintained, at its own expense, all of its material assets and properties Pledged Property in good working order and condition, ordinary wear and tear excepted, making all necessary repairs thereto and renewals and replacements thereof.

Appears in 1 contract

Samples: Security Agreement (BBM Holdings, Inc.)

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