Maintenance of Equipment. Such Grantor will maintain each item of Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose.
Appears in 20 contracts
Samples: Senior Secured Revolving Credit Agreement (Halcon Resources Corp), Senior Secured Revolving Credit Agreement (Halcon Resources Corp), Purchase Agreement (Goodrich Petroleum Corp)
Maintenance of Equipment. Such Each Grantor will maintain each item of Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose.
Appears in 7 contracts
Samples: Intercreditor Agreement (Stratus Technologies Bermuda Holdings Ltd.), Collateral Agreement (Stratus Technologies Bermuda Holdings Ltd.), Indenture Collateral Agreement (Stratus Technologies Bermuda Holdings Ltd.)
Maintenance of Equipment. Such Grantor will maintain each item of Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for in accordance with its standard operating practices and customary market practice in markets similar to those in which such purposeGrantor operates.
Appears in 5 contracts
Samples: Credit Agreement (Sprague Resources LP), Credit Agreement (Sprague Resources LP), Credit Agreement (Sprague Resources LP)
Maintenance of Equipment. Such The Grantor will maintain each item of Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose.
Appears in 4 contracts
Samples: Collateral Agreement (Western Gas Equity Partners, LP), Subsidiary Security Agreement (Oro Spanish Broadcasting Inc), Subsidiary Security Agreement (Oro Spanish Broadcasting Inc)
Maintenance of Equipment. Such Grantor will shall maintain each item of Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will shall provide all such maintenance, service and repairs necessary for such purpose; provided that, for the avoidance of doubt, the policies of each Grantor in place on the Closing Date in respect of providing such service and repair shall be deemed reasonably necessary for purposes of this Section 5.11.
Appears in 3 contracts
Samples: Guarantee and Collateral Agreement, Guarantee and Collateral Agreement (AAC Holdings, Inc.), Credit Agreement (AAC Holdings, Inc.)
Maintenance of Equipment. Such Each Grantor will maintain each item of Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose, except that such Grantor’s obligations pursuant to this Section 5(l) shall not extend to obsolete Equipment.
Appears in 3 contracts
Samples: Security Agreement (Merisel Inc /De/), Security Agreement (GMH Communities Trust), Security Agreement (Merisel Inc /De/)
Maintenance of Equipment. Such The Grantor will maintain each material item of Equipment constituting Collateral in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose, except to the extent that the failure to do any of the foregoing would not be reasonably expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Subsidiary Security Agreement (Raci Holding Inc), Subsidiary Security Agreement (Raci Holding Inc)
Maintenance of Equipment. Such Grantor will at all times maintain each item of and preserve the Equipment in use or useful in the conduct of its business and keep the same in good operating conditionrepair, working order and condition (taking into account ordinary wear and tear tear) and immaterial impairments of value from time to time make, or cause to be made, all needful and damage by proper repairs, renewals and replacements, betterments and improvements thereto consistent with industry practice so that the elements excepted, business carried on in connection therewith may be properly and will provide advantageously conducted at all maintenance, service and repairs necessary for such purposetimes.
Appears in 2 contracts
Samples: Credit Agreement (Willbros Group Inc), Credit Agreement (Willbros Group Inc)
Maintenance of Equipment. Such Grantor will maintain each material item of its Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose, except to the extent that the failure to do any of the foregoing could not be reasonably expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Subsidiary Security Agreement (Remington Arms Co Inc/), Subsidiary Security Agreement (Remington Arms Co Inc/)
Maintenance of Equipment. Such Each Grantor will maintain each item of Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose, except that each Grantor's obligations pursuant to this Section 5(l) shall not extend to obsolete Equipment.
Appears in 2 contracts
Samples: Security Agreement (Denali Inc), Pledge Agreement (Denali Inc)
Maintenance of Equipment. Such The Grantor will maintain each material item of Equipment Equipment, if any, in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose, except to the extent that the failure to do any of the foregoing would not be reasonably expected to have a Material Adverse Effect.
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Maintenance of Equipment. Such The Grantor will maintain each item ------------------------ of Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose.
Appears in 1 contract
Maintenance of Equipment. Such The Grantor will maintain each item of Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose, except that the Grantor’s obligations pursuant to this Section 5(j) shall not extend to obsolete Equipment.
Appears in 1 contract
Maintenance of Equipment. Such Each Grantor will maintain each item of ------------------------ Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose.
Appears in 1 contract
Samples: Collateral Agreement (Sailors Inc)
Maintenance of Equipment. Such Grantor will maintain each item of Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Maintenance of Equipment. Such Grantor will maintain each item of do all things necessary to maintain, preserve, protect and keep the Equipment in good operating condition, repair and working and saleable condition (ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose).
Appears in 1 contract
Samples: Security Agreement (Aemetis, Inc)
Maintenance of Equipment. Such Each Grantor will will, at its ------------------------ expense, in all material respects maintain each item of the Equipment in good standard industry operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose.
Appears in 1 contract
Samples: Pledge and Security Agreement (Firearms Training Systems Inc)
Maintenance of Equipment. Such The Grantor will maintain each material ------------------------ item of Equipment constituting Collateral in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose, except to the extent that the failure to do any of the foregoing would not be reasonably expected to have a Material Adverse Effect.
Appears in 1 contract
Maintenance of Equipment. Such Grantor will maintain each material item of the Equipment useful and necessary in its business in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose.
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Maintenance of Equipment. Such The Grantor will maintain each item of ------------------------ Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose.
Appears in 1 contract
Samples: Security Agreement (Pameco Corp)
Maintenance of Equipment. Such The Grantor will maintain each item of Equipment included in the Collateral (if any) in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose, except that the Grantor’s obligations pursuant to this Section 6(i) shall not extend to obsolete Equipment or Equipment that is not material to the business of the Grantor.
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Maintenance of Equipment. Such Except as otherwise provided in the ------------------------ Indenture, Grantor will maintain each item of Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and will provide all maintenance, service and repairs necessary for such purpose.
Appears in 1 contract
Samples: Pledge and Security Agreement (Continental Caribbean Containers Inc)