Common use of Maintenance of Assets Clause in Contracts

Maintenance of Assets. The Maker shall, and shall cause its Subsidiaries to, keep its properties in good repair, working order and condition, reasonable wear and tear excepted, and from time to time make all necessary and proper repairs, renewals, replacements, additions and improvements thereto.

Appears in 11 contracts

Samples: Senior Secured Convertible Promissory Note (VistaGen Therapeutics, Inc.), Securities Purchase Agreement (Neoprobe Corp), Senior Secured Convertible Promissory Note (Cordex Pharma, Inc.)

AutoNDA by SimpleDocs

Maintenance of Assets. The Maker shall, and shall cause its Subsidiaries the Guarantors to, keep its properties in good repair, working order and condition, reasonable wear and tear excepted, and from time to time make all necessary and proper repairs, renewals, replacements, additions and improvements thereto.

Appears in 5 contracts

Samples: Senior Convertible Promissory Note (Urigen Pharmaceuticals, Inc.), Senior Convertible Promissory Note (Urigen Pharmaceuticals, Inc.), Senior Secured Convertible Promissory Note (Urigen Pharmaceuticals, Inc.)

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