Common use of Maintenance of Properties and Leases Clause in Contracts

Maintenance of Properties and Leases. The Corporation will keep its properties in good repair, working order and condition, reasonable wear and tear excepted, and from time to time make all needful and proper, or legally required, repairs, renewals, replacements, additions and improvements thereto; and the Corporation will at all times comply with each provision of all leases to which it is a party or under which it occupies, or has possession of, property if the breach of such provision might have a material adverse effect on the condition, financial or otherwise, or operations of the Corporation.

Appears in 3 contracts

Samples: Stockholders Agreement (Telxon Corp), Subscription Agreement (Aironet Wireless Communications Inc), Stockholders Agreement (Aironet Wireless Communications Inc)

AutoNDA by SimpleDocs

Maintenance of Properties and Leases. The Corporation Company will keep its properties in good repair, working order and condition, reasonable wear and tear excepted, and from time to time make all needful and proper, or legally required, repairs, renewals, replacements, additions and improvements thereto; and the Corporation Company will at all times comply with each provision of all leases to which it is a party or under which it occupies, or has possession of, property if the breach of such provision might have a material adverse effect on the condition, financial or otherwise, or operations of the CorporationCompany.

Appears in 2 contracts

Samples: Series a Preferred Stock and Warrant Purchase Agreement (Cellomics Inc), Series C Preferred Stock Purchase Agreement (Cellomics Inc)

Maintenance of Properties and Leases. The Corporation Company will keep its properties in good repair, working order and condition, reasonable wear and tear excepted, and from time to time make all needful and proper, or legally required, repairs, renewals, replacements, additions and improvements thereto; and the Corporation Company and its subsidiaries, if any, will at all times materially comply with each provision of all leases to which it any of them is a party or under which it any of them occupies, or has possession of, any property if the breach of such provision might have a material adverse effect on the condition, financial or otherwise, or operations of the Corporation.

Appears in 2 contracts

Samples: Financing Agreement (Genaissance Pharmaceuticals Inc), Financing Agreement (Genaissance Pharmaceuticals Inc)

Maintenance of Properties and Leases. The Corporation Company will keep its properties in good repair, working order and condition, reasonable wear and tear excepted, and from time to time make all needful and proper, or legally required, repairs, renewals, replacements, additions and improvements thereto; and the Corporation Company and its subsidiaries, if any, will at all times comply with each provision of all leases to which it any of them is a party or under which it any of them occupies, or has possession of, property if the breach of such provision might have a material adverse effect on the condition, financial or otherwise, or operations of the Corporationany property.

Appears in 1 contract

Samples: Purchase Agreement (Genaissance Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Maintenance of Properties and Leases. The Corporation Company will keep its properties in good repair, working order and condition, reasonable wear and tear excepted, and from time to time make all needful and proper, or legally required, proper repairs, renewals, replacements, additions and improvements thereto; and the Corporation Company will at all times comply with each material provision of all leases to which it is a party or under which it occupies, or has possession of, occupies property if the breach of such provision might have a material and adverse effect on the condition, financial or otherwise, or operations of the CorporationCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (Carreker Antinori Inc)

Maintenance of Properties and Leases. The Corporation will shall keep ------------------------------------ its properties in good repair, working order and condition, reasonable wear and tear excepted, and from time to time make all needful and proper, or legally required, repairs, renewals, replacementsreplacement, additions and improvements thereto; and the Corporation will and its subsidiaries, if any, shall at all times comply with each provision of all leases to which it any of them is a party or under which it any of them occupies, or has possession of, property if the breach of such provision might have a material adverse effect on the condition, financial or otherwise, or operations of the Corporation.

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (Concentric Network Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!