Maintenance of Collateral. Borrower will maintain and preserve the Collateral in good condition, repair and working order, promptly repairing, replacing or rebuilding any part of the Collateral which may be destroyed by any casualty, or become damaged, worn or dilapidated.
Appears in 10 contracts
Samples: Loan and Security Agreement (Roadhouse Grill Inc), Loan and Purchase Money Security Agreement (Mooney Aerospace Group LTD), Loan and Security Agreement (Big v Supermarkets Inc)
Maintenance of Collateral. The Borrower will shall preserve, keep and maintain and preserve the Collateral and other property in good condition, repair repair, and working order, promptly repairing, replacing or rebuilding any part of the Collateral which may be destroyed by any casualty, or become damaged, worn or dilapidated.
Appears in 3 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Zep Inc.), Loan and Security Agreement (Zep Inc.)
Maintenance of Collateral. The Borrower will shall maintain and preserve the or cause to be maintained all Collateral in good condition, repair and working order, promptly repairing, replacing or rebuilding any part of the Collateral which may be destroyed by any casualty, or become damaged, worn or dilapidatedordinary wear and tear excepted.
Appears in 2 contracts
Samples: Loan Agreement (Procaccianti Hotel Reit, Inc.), Loan Agreement (Procaccianti Hotel Reit, Inc.)
Maintenance of Collateral. The Borrower will maintain and preserve keep the Collateral in good conditionorder and repair, repair ordinary wear and working ordertear excepted, promptly repairing, replacing and will not waste or rebuilding destroy the same or any part of the Collateral which may be destroyed by any casualty, or become damaged, worn or dilapidatedportion thereof.
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Maintenance of Collateral. Borrower will maintain and preserve the Collateral in good condition, repair condition and working orderrepair, promptly repairing, replacing or rebuilding any part of the Collateral Collateral, which may be destroyed by any casualty, or become damaged, worn or dilapidated.
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Maintenance of Collateral. The Borrower will shall maintain and preserve the Collateral in good conditioncondition and repair, repair and working order, promptly repairing, replacing shall pay and discharge or rebuilding any part cause to be paid and discharged when due the cost of repairs to or maintenance or replacement of the Collateral which may be destroyed by any casualty, or become damaged, worn or dilapidatedsame.
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