Common use of Maintenance of Assets Clause in Contracts

Maintenance of Assets. Each Obligor shall (and the Parent shall ensure that each other Material Group Company shall) ensure that it has good title to or validly leases or licences all of the assets necessary and has all consents and/or authorisations necessary to carry on its business as conducted to the extent that failure to comply with this clause 19.12 could reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Revolving Credit Facility Agreement (Sibanye Gold LTD), Facility Agreement (Gold Fields LTD), Facility Agreement (Gold Fields LTD)

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Maintenance of Assets. Each Obligor shall (and the Parent shall ensure that each other Material Group Company shall) ensure that it has good title to or validly leases or licences all of the assets necessary and has all consents and/or authorisations necessary to carry on its business as conducted to the extent that failure to comply with this clause 19.12 19.14 could reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Revolving Credit Facility Agreement (Gold Fields LTD), Revolving Credit Facility Agreement (Gold Fields LTD), Revolving Credit Facility Agreement (Gold Fields LTD)

Maintenance of Assets. Each Obligor shall (and the Parent shall ensure that each other Material Group Company shallwill) ensure that it has good title to or validly leases or licences all of the assets necessary and has all consents and/or authorisations necessary to carry on its business as conducted to the extent that failure to comply with this clause 19.12 Clause 21.12 could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Facilities Agreement (Gold Fields LTD), Bridge Facility Agreement (Gold Fields LTD)

Maintenance of Assets. Each Obligor shall (and the Parent shall ensure that each other Material Group Company shall) ensure that it has good title to or validly leases or licences all of the assets necessary and has all consents and/or authorisations necessary to carry on its business as conducted to the extent that failure to comply with this clause 19.12 19.13 could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Revolving Credit Facility Agreement (Sibanye Gold LTD), Revolving Credit Facility Agreement (Gold Fields LTD)

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Maintenance of Assets. Each Obligor shall (and the Parent shall ensure that each other Material Group Company shall) ensure that it has good title to or validly leases or licences all of the assets necessary and has all consents and/or authorisations necessary to carry on its business as conducted to the extent that failure to comply with this clause 19.12 Clause 18.13 could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Facility Agreement (Gold Fields LTD)

Maintenance of Assets. Each Obligor shall (and the Parent shall ensure that each other Material Group Company shall) ensure that it has good title to or validly leases or licences all of the assets necessary and has all consents and/or authorisations necessary to carry on its business as conducted to the extent that failure to comply with this clause 19.12 19.13 (Maintenance of Assets) could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Gold Fields LTD)

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