Common use of Maintenance of Properties and Leases Clause in Contracts

Maintenance of Properties and Leases. Holdings shall, and shall cause each of its Material Subsidiaries to, maintain in good repair, working order, and condition (ordinary wear and tear excepted) in accordance with the general practice of other businesses of similar character and size, all of those properties useful or necessary to its business, and from time to time Holdings will make or cause to be made all appropriate repairs, renewals, or replacements thereof.

Appears in 4 contracts

Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Assured Guaranty LTD), Credit Agreement (Assured Guaranty LTD)

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Maintenance of Properties and Leases. Holdings Each Obligor shall, and shall cause each of its Material Subsidiaries to, maintain in good repair, working order, order and condition (ordinary wear and tear excepted) in accordance with the general practice of other businesses of similar character and size, all of those properties useful or necessary to its business, and from time to time Holdings such Obligor will make or cause to be made all appropriate repairs, renewals, renewals or replacements thereof.

Appears in 1 contract

Samples: Note Purchase Agreement (Westmoreland Coal Co)

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Maintenance of Properties and Leases. Holdings Such Applicant shall, and shall cause each of its Material Subsidiaries to, maintain in good repair, working order, and condition (ordinary wear and tear excepted) in accordance with the general practice of other businesses of similar character and size, all of those properties useful or necessary to its business, and from time to time Holdings such Applicant will make or cause to be made all appropriate repairs, renewals, or replacements thereof.

Appears in 1 contract

Samples: Letter of Credit Agreement (Assured Guaranty LTD)

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