Common use of Maintenance of Collateral Clause in Contracts

Maintenance of Collateral. All tangible Collateral which is useful in and necessary to Debtor’s business is in good repair and condition, ordinary wear and tear excepted.

Appears in 31 contracts

Samples: Pledge and Security Agreement (PostRock Energy Corp), Pledge and Security Agreement (PostRock Energy Corp), Pledge and Security Agreement (Quest Resource Corp)

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Maintenance of Collateral. All tangible Collateral which is useful in and necessary to Debtor’s business is in good repair and condition, ordinary wear and tear excepted, and none thereof is a fixture except as specifically referred to herein in Paragraph 5(d) hereof.

Appears in 3 contracts

Samples: Credit Agreement (Markwest Hydrocarbon Inc), Pledge and Security Agreement (Allis Chalmers Energy Inc.), Credit Agreement (Markwest Energy Partners L P)

Maintenance of Collateral. All tangible Collateral which is useful in and necessary material to Debtor’s business is in good repair and condition, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Loan and Security Agreement (AmeriCrew Inc.), Loan and Security Agreement (H/Cell Energy Corp)

Maintenance of Collateral. All tangible Collateral which is useful in and necessary to each Debtor’s business is in good repair and condition, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Pledge and Security Agreement (PostRock Energy Corp), Pledge and Security Agreement (PostRock Energy Corp)

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Maintenance of Collateral. All tangible Collateral which is useful in and necessary material to Debtorsuch Borrower’s business is in good repair and condition, ordinary wear and tear and casualty excepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Digerati Technologies, Inc.)

Maintenance of Collateral. All tangible Collateral which is are useful in and necessary to Debtor’s 's business is in good repair and condition, ordinary wear and tear excepted, and none thereof is a fixture except as specifically referred to herein in Paragraph 5(d) hereof.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Dobson Communications Corp)

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