Common use of Maintenance of Inventory Clause in Contracts

Maintenance of Inventory. Borrowers shall produce, use, store and maintain all Inventory with all reasonable care and caution in accordance with applicable standards of any insurance and in conformity with Applicable Law (including the requirements of the FLSA) and will maintain current rent payments (within applicable grace periods provided for in leases) at all locations at which any Inventory is maintained or stored.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Delek US Holdings, Inc.), Revolving Credit Agreement (Delek US Holdings, Inc.), Revolving Credit Agreement (Delek US Holdings, Inc.)

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Maintenance of Inventory. Borrowers shall produce, use, store and maintain all Inventory with all reasonable care and caution in accordance accordance, in all material respects, with applicable standards of any insurance and in conformity conformity, in all material respects, with Applicable Law (including the requirements of the FLSA) and will maintain current rent payments (within applicable grace periods provided for in leases) at all locations at which any Inventory with a book value in excess of $500,000 is maintained or stored.

Appears in 3 contracts

Samples: Loan and Security Agreement (Enpro Industries, Inc), Post Petition Loan and Security Agreement (Enpro Industries, Inc), Loan and Security Agreement (Enpro Industries, Inc)

Maintenance of Inventory. Borrowers shall produce, use, store and maintain all Inventory with all reasonable care and caution in accordance with applicable standards of any insurance and in conformity with Applicable Law (including the requirements of the FLSA) FLSA and will maintain current rent payments (within applicable grace periods provided for in leases) at all locations at which any Inventory is maintained or storedthe United States Food and Drug Administration).

Appears in 2 contracts

Samples: Loan and Security Agreement (Alpharma Inc), Loan and Security Agreement (Alpharma Inc)

Maintenance of Inventory. Borrowers Obligors shall produce, use, store and maintain all Inventory with all reasonable care and caution in accordance with applicable standards of any insurance and in conformity with Applicable Law (including the requirements of the FLSA) and will maintain current rent payments (within applicable grace periods provided for in leases) at all locations at which any Inventory is maintained or stored.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mastec Inc), Loan and Security Agreement (Mastec Inc)

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Maintenance of Inventory. Borrowers shall produce, use, store and maintain all Inventory with all reasonable care and caution in all material respects in accordance with applicable standards of any insurance and in all material respects in conformity with Applicable Law (including the requirements of the FLSA) and will maintain current rent payments (within applicable grace periods provided for in leases) at all locations at which any Inventory is maintained or stored.

Appears in 1 contract

Samples: Credit Agreement (Superior Essex Inc)

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