Common use of Maintenance of Properties and Corporate Existence Clause in Contracts

Maintenance of Properties and Corporate Existence. The Company will, and will cause each Subsidiary to: (a) Property - maintain its Property in good condition for its intended purpose, ordinary wear and tear excepted, and make all necessary renewals, replacements, additions, betterments and improvements thereto;

Appears in 2 contracts

Samples: Note Purchase Agreement (Birmingham Steel Corp), Note Purchase Agreement (Birmingham Steel Corp)

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Maintenance of Properties and Corporate Existence. The Company will, will and will cause each Subsidiary of its Subsidiaries to: (a) Property - maintain its Property property in good condition for its intended purposecondition, ordinary wear and tear excepted, and make all necessary renewals, replacements, additions, betterments and improvements theretothereto which are deemed necessary by the Company or such Subsidiary;

Appears in 1 contract

Samples: Credit Agreement (Dominion Homes Inc)

Maintenance of Properties and Corporate Existence. The Company will, and will cause each Subsidiary of its Subsidiaries to:, (a) Property - -- maintain its Property in good condition for its intended purposecondition, ordinary wear and tear excepted, and make all necessary renewals, replacements, additions, betterments and improvements thereto;

Appears in 1 contract

Samples: Note Purchase Agreement (Minerals Technologies Inc)

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Maintenance of Properties and Corporate Existence. The (a) Except where the failure to do so would not have a material adverse impact on the Company willor the Company and its Subsidiaries taken as a whole, the Company, and will cause each Subsidiary toSubsidiary, will: (ai) Property - -- maintain its Property in good -------- condition for its intended purpose, ordinary wear and tear excepted, and make all necessary renewals, replacements, additions, betterments and improvements thereto;

Appears in 1 contract

Samples: Note Purchase Agreement (Barnes Group Inc)

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