Common use of Maintenance of Inventory and Equipment Clause in Contracts

Maintenance of Inventory and Equipment. The Borrower shall care for and preserve the Inventory and Equipment in good condition and repair, and will pay the cost of all replacement parts, repairs to and maintenance of the Equipment. The Borrower will keep complete and accurate maintenance records with respect to its Equipment.

Appears in 1 contract

Samples: Security Agreement (Blonder Tongue Laboratories Inc)

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Maintenance of Inventory and Equipment. The Borrower shall care -------------------------------------- for and preserve the Inventory and Equipment in good condition and repair, and will pay the cost of all replacement parts, repairs to and maintenance of the Equipment. The Borrower will keep complete and accurate maintenance records with respect to its Equipment.

Appears in 1 contract

Samples: Security Agreement (Astropower Inc)

Maintenance of Inventory and Equipment. The Borrower shall care for and preserve the Inventory and Equipment in good condition and repair, ordinary wear and tear excepted, and will pay the cost of all replacement parts, repairs to and maintenance of the Equipment. The Borrower will keep complete and accurate maintenance records with respect to its the Equipment.

Appears in 1 contract

Samples: Security Agreement (Integra Lifesciences Holdings Corp)

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Maintenance of Inventory and Equipment. The Borrower Debtor shall care for and preserve the Inventory and Equipment in good condition and repair, and will pay the cost of all required replacement parts, repairs to and maintenance of the Equipment. The Borrower Debtor will keep complete and accurate maintenance records with respect to its Equipment.

Appears in 1 contract

Samples: Security Agreement (Trimedia Entertainment Group Inc)

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