Common use of MAINTENANCE OF PROPERTIES; INSURANCE; BOOKS AND RECORDS; COMPLIANCE WITH LAW Clause in Contracts

MAINTENANCE OF PROPERTIES; INSURANCE; BOOKS AND RECORDS; COMPLIANCE WITH LAW. (a) Alderwoods shall, and shall cause each of its Restricted Subsidiaries to, cause all properties and assets to be maintained and kept in good condition, repair and working order (reasonable wear and tear excepted) and supplied with all necessary equipment, and cause to be made all necessary repairs, renewals, replacements, additions, betterments and improvements thereto, as shall be reasonably necessary for the proper conduct of its business; PROVIDED, HOWEVER, that nothing in this Section 4.05(a) shall prevent Alderwoods or any of its Restricted Subsidiaries from discontinuing the operation and maintenance of any of its properties or assets if such discontinuance is, in the judgment of Alderwoods or such Restricted Subsidiary, desirable in the conduct of its business and if such discontinuance is not materially adverse to either (i) Alderwoods and its Restricted Subsidiaries taken as a whole or (ii) the ability of Alderwoods to otherwise satisfy its obligations hereunder.

MAINTENANCE OF PROPERTIES; INSURANCE; BOOKS AND RECORDS; COMPLIANCE WITH LAW. (a) Alderwoods shall, and shall cause each of its Restricted Subsidiaries to, cause all properties and assets to be maintained and kept in good condition, repair and working order (reasonable wear and tear excepted) and supplied with all necessary equipment, and cause to be made all necessary repairs, renewals, replacements, additions, betterments and improvements thereto, as shall be reasonably necessary for the proper conduct of its business; PROVIDED, HOWEVER, that nothing in this Section 4.05(a) shall prevent Alderwoods or any of its Restricted Subsidiaries from discontinuing the operation and maintenance of any of its properties or assets if such discontinuance is, in the judgment of Alderwoods or such Restricted Subsidiary, desirable in the conduct of its business and if such discontinuance is not materially adverse to either (i) Alderwoods and its Restricted Subsidiaries taken as a whole or (ii) the ability of Alderwoods to otherwise satisfy its obligations hereunder.

MAINTENANCE OF PROPERTIES; INSURANCE; BOOKS AND RECORDS; COMPLIANCE WITH LAW. (a) Alderwoods LGII shall, and shall cause each of its Restricted Subsidiaries to, cause all properties and assets to be maintained and kept in good condition, repair and working order (reasonable wear and tear excepted) and supplied with all necessary equipment, and cause to be made all necessary repairs, renewals, replacements, additions, betterments and improvements thereto, as shall be reasonably necessary for the proper conduct of its business; PROVIDED, HOWEVER, that nothing in this Section 4.05(a) shall prevent Alderwoods LGII or any of its Restricted Subsidiaries from discontinuing the operation and maintenance of any of its properties or assets if such discontinuance is, in the judgment of Alderwoods LGII or such Restricted Subsidiary, desirable in the conduct of its business and if such discontinuance is not materially adverse to either (i) Alderwoods LGII and its Restricted Subsidiaries taken as a whole or (ii) the ability of Alderwoods LGII to otherwise satisfy its obligations hereunder.