Maintenance of Properties and Leases. Borrower shall (i) maintain, preserve and keep its properties, including, without limitation, the Collateral, and every part thereof in good repair, working order and condition (except for such properties as Borrower in good faith determines are not useful in the conduct of its business), (ii) from time to time make all necessary and customary property repairs, renewals, replacements, additions and improvements thereto so that at all times the efficiency thereof shall be fully preserved and maintained, and (iii) maintain all leases of real or personal property in good standing, free of any defaults by Borrower thereunder.
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Samples: Loan Agreement, Loan Agreement (Blackhawk Biofuels, LLC), Amended and Restated Loan Agreement (Renewable Energy Group, Inc.)
Maintenance of Properties and Leases. The Borrower shall shall: (ia) maintain, preserve and keep its properties, including, without limitation, the Collateral, properties and assets and every part thereof in good repair, working order and condition in all material respects (except for such properties and assets as the Borrower in good faith determines are not useful in the conduct of its business), (iib) from time to time make all necessary and customary property repairs, renewals, replacements, additions and improvements thereto so that at all times the efficiency thereof shall be fully preserved and maintainedmaintained in all material respects, and (iiic) maintain all leases of real or personal property in good standing, free of any material defaults by the Borrower thereunder.
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Samples: Note Purchase Agreement (Lapolla Industries Inc), Note Purchase Agreement (Lapolla Industries Inc)
Maintenance of Properties and Leases. Each Borrower shall shall: (i1) maintain, preserve and keep its properties, including, without limitation, the Collateral, properties and every part thereof in good repair, working order and condition in all material respects (except for such properties as such Borrower in good faith determines are not useful in the conduct of its business), ; (ii2) from time to time make all necessary and customary property repairs, renewals, replacements, additions and improvements thereto so that at all times the efficiency thereof shall be fully preserved and maintained, maintained in all material respects; and (iii3) maintain all leases of real or personal property in good standing, free of any material defaults by such Borrower thereunder.
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