Common use of Maintenance of and Access to Properties Clause in Contracts

Maintenance of and Access to Properties. 1) The Parent will keep, and will cause each of its Subsidiaries to keep, all of its properties necessary in its business in good working order and condition (having regard to the condition of such properties at the time such properties were acquired by the Parent or such Subsidiary), ordinary wear and tear excepted, and will permit representatives of the Lenders to inspect such properties and, upon reasonable notice and at reasonable times, to examine and make extracts and copies from the books and records of the Parent and any such Subsidiary.

Appears in 5 contracts

Samples: Credit Agreement (Iron Mountain Inc), Iron Mountain Incorporated (Iron Mountain Inc), Credit Agreement (Iron Mountain Inc)

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Maintenance of and Access to Properties. (1) The Parent will keep, and will cause each of its Subsidiaries to keep, all of its properties necessary in its business in good working order and condition (having regard to the condition of such properties at the time such properties were acquired by the Parent or such Subsidiary), ordinary wear and tear excepted, and will permit representatives of except as expressly permitted by this Agreement or where the Lenders failure to inspect such so maintain its properties and, upon reasonable notice and at reasonable times, would not reasonably be expected to examine and make extracts and copies from the books and records of the Parent and any such Subsidiaryhave a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Iron Mountain Inc), Credit Agreement (Iron Mountain Inc)

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Maintenance of and Access to Properties. 1(a) The Parent will keep, and will cause each of its Subsidiaries to keep, all of its properties necessary in its business in good working order and condition (having regard to the condition of such properties at the time such properties were acquired by the Parent or such Subsidiary), ordinary wear and tear excepted, and will permit representatives of the Lenders to inspect such properties and, upon reasonable notice and at reasonable times, to examine and make extracts and copies from the books and records of the Parent and any such Subsidiary.

Appears in 1 contract

Samples: Subsidiary Pledge Agreement (Iron Mountain Inc)

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