Maintenance Covenant Sample Clauses

Maintenance Covenant. A covenant by any Obligor to comply with one or more financial covenants during each reporting period, whether or not such Obligor has taken any specified action.
AutoNDA by SimpleDocs
Maintenance Covenant. Borrower shall duly pay and discharge in --------------------- accordance with Borrower's customary business practices in respect thereto, all current debts, obligations and accounts payable as they become due, except for such debts, obligations and accounts payable the validity of which are being contested in good faith by appropriate proceedings, diligently pursued and available to Borrower, with respect to which adequate reserves have been set aside on its books.
Maintenance Covenant. Each Party represents, warrants and covenants that nothing has or will be done or be omitted to be done that may result in any of the said insurance policies being or becoming void, voidable or unenforceable during the Term or any Renewal Term of this Agreement.
Maintenance Covenant. The Issuer has failed to comply with the Maintenance Covenant unless a Cure Amount has been paid to the Cure Account within twenty Business Days of a delivery of the relevant Compliance Certificate evidencing the breach, in accordance with Clause 13.5 (Equity cure).
Maintenance Covenant. The Entity shall maintain the Property, including but not limited to, lawn maintenance, until such time that the Property is conveyed to a low or moderate income individuals for residential purposes.
Maintenance Covenant. 50 5.18 Year 2000 Problems............................................................................ 51 6.
Maintenance Covenant. The Dealer shall maintain the Site and all improvements thereon in good condition and in accordance with the custom and practice generally applicable to a “first class” new automobile dealership, and shall keep the Site free from any accumulation of debris or waste materials. The Dealer shall also maintain the landscaping required to be planted under the Auto Center CC&R’s in a healthy condition. If at any time the Dealer fails to maintain said landscaping, and said condition is not corrected after expiration of thirty (30) days from the date of written notice from the Agency, either the Agency or the City may perform the necessary landscape maintenance and the Dealer shall pay such costs as are reasonably incurred for such maintenance.
AutoNDA by SimpleDocs
Maintenance Covenant. The Lessee will: (1) Furnish all labor and parts required for maintaining, repairing, and replacing component parts of the Equipment to keep it in good operating condition and appearance; (2) Use, operate, maintain, and store the Equipment in a careful and proper manner; (3) Protect the Equipment from deterioration; (4) Comply with the manufacturer's operating procedures and warranty restrictions and all laws, ordinances, and regulations applicable to the Equipment or its use and in compliance with the insurance policies required to be maintained thereunder; (5) Put the Equipment only to the use contemplated by the manufacturer; and (6) Maintain accurate and complete records of all repairs and maintenance of the Equipment and allow the Lessor to inspect those records at any time. (7) Comply with the maintenance requirements of any maintenance schedule recommended by the manufacturer or attached as a part of this agreement. The Lessee will not make any alterations, additions, or improvements to the Equipment without the Lessor's prior written consent, which consent shall not be unreasonably withheld. All repairs, replacement parts, additions, alterations, and improvements made to the Equipment by the Lessee will be considered to be the Lessor's property and subject to the terms of this Agreement.
Maintenance Covenant. The Lessee will: (1) Furnish all labor and parts required for maintaining, repairing, and replacing component parts of the property to keep it in good operating condition and appearance; (2) Use, operate, maintain, and store the property in a careful and proper manner; (3) Protect the property from deterioration; (4) Comply with the manufacturer's operating procedures and warranty restrictions and all laws, ordinances, and regulations applicable to the property or its use and in compliance with the insurance policies required to be maintained thereunder;
Maintenance Covenant. After the completion of construction, the District must receive a Maintenance Covenant from Muskego. The maintenance covenant will be limited to the project. The term of the Maintenance Covenant will be eleven years. Muskego will cooperate with the District to prepare the Maintenance Covenant.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!