Maintenance of Facilities. The Grantor shall maintain and protect its properties, assets and facilities, including, without limitation, its Equipment and Fixtures in good order and working repair and condition (taking into consideration ordinary wear and tear) and from time to time make or cause to be made all needful and proper repairs, renewals and replacements thereto and shall competently manage and care for its property in accordance with prudent industry practices.
Appears in 3 contracts
Samples: Securities Pledge Agreement (Leap Wireless International Inc), Securities Pledge Agreement (Leap Wireless International Inc), Securities Pledge Agreement (Leap Wireless International Inc)
Maintenance of Facilities. The Each Grantor shall maintain and protect its properties, assets and facilities, including, without limitation, its Equipment and Fixtures (other than Equipment determined by the Grantor in the ordinary course of business to be obsolete) in good order and working repair and condition (taking into consideration ordinary wear and tear) and from time to time make or cause to be made all needful and proper repairs, renewals and replacements thereto and shall competently manage and care for its property in accordance with prudent industry practices.
Appears in 2 contracts
Samples: Security Agreement (West Marine Inc), Security Agreement (West Marine Inc)
Maintenance of Facilities. The Each Grantor shall maintain and protect its properties, assets and facilities, including, without limitation, its Equipment and Fixtures in good order and working repair and condition (taking into consideration ordinary wear and tear) and from time to time make or cause to be made all needful and proper repairs, renewals and replacements thereto and shall competently manage and care for its property in accordance with prudent industry practices.
Appears in 1 contract
Samples: Guaranty Agreement (American Commercial Lines Inc.)
Maintenance of Facilities. The Grantor shall maintain and protect its properties, assets and facilities, including, including without limitation, its Equipment and Fixtures in good order and working repair and condition (taking into consideration ordinary wear and tear) and from time to time make or cause to be made all needful and proper repairs, renewals and replacements thereto and shall competently manage and care for its property in accordance with prudent industry practices.
Appears in 1 contract
Maintenance of Facilities. The Each Grantor shall maintain and protect its properties, assets and facilities, including, without limitation, its Equipment and Fixtures in reasonably good order and working repair and condition (taking into consideration ordinary wear and tear) and from time to time make or cause to be made all needful necessary and proper repairs, renewals and replacements thereto and shall competently manage and care for its property in accordance with prudent commercially reasonable industry practices.
Appears in 1 contract
Samples: Security Agreement (IPC the Hospitalist Company, Inc.)
Maintenance of Facilities. The Grantor shall maintain and protect its properties, assets and facilities, including, including without limitation, its Equipment and Fixtures Inventory, in good order and working repair and condition (taking into consideration ordinary wear and tear) and from time to time make or cause to be made all needful and proper repairs, renewals and replacements thereto and shall competently manage and care for its property in accordance with prudent industry practices.
Appears in 1 contract
