Common use of Maintenance of Properties; Insurance Clause in Contracts

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect, and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 9 contracts

Samples: Revolving Credit and Term Loan Agreement (Xenia Hotels & Resorts, Inc.), Revolving Credit and Term Loan Agreement (Xenia Hotels & Resorts, Inc.), Revolving Credit Agreement (Xenia Hotels & Resorts, Inc.)

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Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so so, either individually or it the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, Effect and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 9 contracts

Samples: Revolving Credit Agreement (Deltic Timber Corp), Revolving Credit Agreement (Exactech Inc), Revolving Credit Agreement (Deltic Timber Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Material Subsidiaries to, (a) keep and maintain all property Property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted and casualty or condemnation excepted, except where if the failure to do so could would not reasonably be expected to have a Material Adverse Effect, and (b) maintain, with financially sound and reputable insurance companies, insurance (including companies or through self-insurance) , insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Viatris Inc), Revolving Credit Agreement (Viatris Inc), Term Loan Credit Agreement (Viatris Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear and casualty and condemnation events excepted, except where to the extent any failure to do so could would not reasonably be expected to have a Material Adverse Effect, and (b) maintain (either directly or indirectly by causing its tenants to maintain), with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 6 contracts

Samples: Term Loan Agreement (Brixmor Operating Partnership LP), Revolving Credit Agreement (Brixmor Operating Partnership LP), Term Loan Agreement (Brixmor Operating Partnership LP)

Maintenance of Properties; Insurance. The Except where the failure to do so could not reasonably be expected to result in a Material Adverse Effect, the Parent Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, excepted and except where the failure to do so could not reasonably be expected to have a Material Adverse Effectfor surplus and obsolete properties, and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) on such of its property and in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 6 contracts

Samples: Credit Agreement (Ralph Lauren Corp), Credit Agreement (Ralph Lauren Corp), Credit Agreement (Ralph Lauren Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its the Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so so, individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations; provided, however, that the Borrower and the Subsidiaries may instead self-insure to the same general extent as other companies of similar size, type and financial condition as the Borrower or such Subsidiary, and to the extent such policies are consistent with prudent business practice.

Appears in 5 contracts

Samples: Credit Agreement, Year Credit Agreement (Hp Inc), Assignment and Assumption (Nvidia Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to and necessary in the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where to the extent that the failure to do so could so, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect, and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 5 contracts

Samples: Credit Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.), Credit Agreement and Term Loan Agreement (Industrial Property Trust Inc.), Credit Agreement (Industrial Property Trust Inc.)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its the Subsidiaries and the other Loan Parties to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where to the extent any failure to do so could would not reasonably be expected to have a Material Adverse Effect, and (b) maintain (either directly or indirectly by causing its tenants to maintain), with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 5 contracts

Samples: Revolving Credit and Term Loan Agreement (Invitation Homes Inc.), Revolving Credit and Term Loan Agreement (Invitation Homes Inc.), Term Loan Agreement (Invitation Homes Inc.)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Material Subsidiaries to, (a) keep and maintain all property Property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted and casualty or condemnation excepted, except where if the failure to do so could not reasonably be expected to have a Material Adverse Effect, and (b) maintain, with financially sound and reputable insurance companies, insurance (including companies or through self-insurance) , insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Mylan N.V.), Term Credit Agreement (Mylan N.V.), Bridge Credit Agreement (Mylan N.V.)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Restricted Subsidiaries to, (a) keep and maintain all property material to used in the conduct of its business in good working order and condition, ordinary wear and tear and casualty events excepted, except where to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect, and (b) maintain, maintain insurance with financially sound and reputable insurance companies, insurance (including through self-insurance) companies in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Block, Inc.), Revolving Credit Agreement (Block, Inc.), Revolving Credit Agreement (Square, Inc.)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries Subsidiary to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so so, either individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, Effect and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 4 contracts

Samples: Credit Agreement (Great Plains Ethanol LLC), Credit Agreement (Western Plains Energy LLC), Credit Agreement (Golden Grain Energy)

Maintenance of Properties; Insurance. The Each Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property Property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted and casualty or condemnation excepted, except where if the failure to do so could not reasonably be expected to have a Material Adverse Effect, and (b) maintain, with financially sound and reputable insurance companies, insurance (including companies or through self-insurance) , insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 4 contracts

Samples: Restatement Agreement (Constellation Brands, Inc.), Restatement Agreement (Constellation Brands, Inc.), Restatement Agreement (Constellation Brands, Inc.)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so so, either individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, Effect and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) with respect to its properties and business, and the properties and business of its Subsidiaries, in such amounts and against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations, in each instance, reasonably acceptable to the Administrative Agent.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Watsco Inc), Revolving Credit Agreement (Watsco Inc), Revolving Credit Agreement (Watsco Inc)

Maintenance of Properties; Insurance. The Borrower Borrowers will, and will cause the Company and each of its Subsidiaries the Loan Parties to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so so, either individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 3 contracts

Samples: Credit Agreement (Macquarie Infrastructure Corp), Revolving Credit Agreement (Macquarie Infrastructure CO LLC), Revolving Credit Agreement (Macquarie Infrastructure CO LLC)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business their businesses in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could for failures that would not reasonably be expected to have result in a Material Adverse Effect, and (b) . The Borrower will maintain, with financially sound and reputable insurance companies, directly, or through Merck, on the Borrower's own behalf and on behalf of its Subsidiaries, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 3 contracts

Samples: Credit Agreement (Medco Health Solutions Inc), Credit Agreement (Medco Health Solutions Inc), Bridge Credit Agreement (Medco Health Solutions Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries Subsidiary to, (a) keep and maintain all property material to of the conduct of Borrower and its business Subsidiaries taken as a whole in good working order and condition, ordinary wear and tear excepted, excepted except where the failure to do so could would not reasonably be expected to have result in a Material Adverse Effect, and (b) maintain, with financially sound and reputable insurance companiescompanies or funds, insurance (including or through appropriate self-insurance) , as applicable, insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 3 contracts

Samples: Credit Agreement (Sysco Corp), Assignment and Assumption (Sysco Corp), Day Bridge Term Loan Agreement (Sysco Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (ai) keep and maintain all property material to the conduct of its business in good working order and condition, subject to ordinary wear and tear exceptedtear, except where the failure to do so could so, either individually or it the aggregate, is not reasonably be expected likely to have result in a Material Adverse Effect, and (bii) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 3 contracts

Samples: Contribution Agreement (Dollar General Corp), Revolving Credit Agreement (Dollar General Corp), Guaranty Agreement (Dollar General Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, except for ordinary wear and tear exceptedtear, except where if the failure to do so so, either individually or it the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, Effect and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 3 contracts

Samples: Revolving Credit Loan Agreement (American Healthways Inc), Revolving Credit Loan Agreement (American Healthways Inc), Credit and Term Loan Agreement (American Healthways Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries (other than Immaterial Subsidiaries) to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so other than as could not reasonably be expected to have result in a Material Adverse Effect, and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) companies, insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 3 contracts

Samples: Senior Secured Revolving Credit Agreement and Guarantee and Security Agreement (Crescent Capital BDC, Inc.), Secured Revolving Credit Agreement (Crescent Capital BDC, Inc.), Revolving Credit Agreement (Crescent Capital BDC, Inc.)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries and the Parent Guarantors to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where to the extent any failure to do so could would not reasonably be expected to have a Material Adverse Effect, and (b) maintain (either directly or indirectly by causing its tenants to maintain), with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 2 contracts

Samples: Term Loan Agreement (Brixmor Property Group Inc.), Revolving Credit and Term Loan Agreement (Brixmor Property Group Inc.)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Restricted Subsidiaries to, (a) keep and maintain all property material to used in the conduct of its business in good working order and condition, ordinary wear and tear and casualty events excepted, except where to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect, and (b) maintain, maintain insurance with financially sound and reputable insurance companies, insurance (including companies or through self-insurance) insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 2 contracts

Samples: Second Amendment and Restatement Agreement (Dropbox, Inc.), Amendment and Restatement Agreement (Dropbox, Inc.)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business their businesses in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could for failures that would not reasonably be expected to have to, result in a Material Adverse Effect, and (b) . The Borrower will maintain, with financially sound and reputable insurance companies, directly, or through Merck, on the Borrower's own behalf and on behalf of its Subsidiaries, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 2 contracts

Samples: Credit Agreement (Medco Health Solutions Inc), Credit Agreement (Medco Health Solutions Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, excepted except where the failure to do so could not not, individually or in the aggregate, reasonably be expected expect to have result in a Material Adverse Effect, and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are are, in all material respects, customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 2 contracts

Samples: Term Loan Agreement (Lam Research Corp), Term Loan Agreement (Lam Research Corp)

Maintenance of Properties; Insurance. (a) The Borrower will, and will cause the Company and each of its Subsidiaries to, (ai) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so so, either individually or it the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, Effect and (bii) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 2 contracts

Samples: Loan Agreement (Southern First Bancshares Inc), Revolving Credit Agreement (First Financial Bancorp /Oh/)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries (other than Immaterial Subsidiaries) to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where excepted unless the failure to do so keep and maintain could not reasonably be expected to have result in a Material Adverse Effect, and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Hercules Capital, Inc.), Revolving Credit Agreement (Hercules Capital, Inc.)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) except with respect to property no longer used or no longer useful in the business of Borrower or its Subsidiaries keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect, excepted and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Rollins Inc), Revolving Credit Agreement (Rollins Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where to the extent the failure to do so could not not, based on the facts and circumstances existing at the time, reasonably be expected to have a Material Adverse Effect, Effect and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Credit Agreement (Qlogic Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material Property relating to the conduct of its business in good working order and condition, ordinary wear and tear excepted, excepted (except where the failure to do so so, individually or in the aggregate, could not reasonably be expected to have a Material Adverse EffectEffect and except for Dispositions permitted by Section 7.04), and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Credit Agreement (Constellation Brands Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where unless the failure to do so keep, preserve, protect and maintain such property or the failure to make such repairs, renewals or replacements could not reasonably be expected to have result in a Material Adverse Effect, ordinary wear and tear excepted, and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by similarly situated companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Bridge Loan Agreement (Ion Geophysical Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material Property relating to the conduct of its business in good working order and condition, ordinary wear and tear excepted, excepted (except where the failure to do so so, individually or in the aggregate, could not reasonably be expected to have a Material Adverse EffectEffect and except for Asset Sales permitted by Section 7.04), and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Bridge Loan Agreement (Constellation Brands Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so so, either individually or it the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, Effect and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations, including, without limitation, maintaining product liability insurance at all times, and in such amounts as are commercially reasonable in Borrower’s industry, that any Loans are outstanding under this Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Exactech Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Restricted Subsidiaries to, (a) keep and maintain all property material to used in the conduct of its business in good working order and condition, ordinary wear and tear and casualty events excepted, except where to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect, and (b) maintain, maintain insurance with financially sound and reputable insurance companies, insurance (including a Captive Insurance Subsidiary or through self-insurance) insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Counterpart Agreement (DoorDash, Inc.)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so so, either individually or it the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, Effect and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained Table of Contents insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ndchealth Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could would not reasonably be expected to have a Material Adverse Effect, and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Credit Agreement (Pacificare Health Systems Inc /De/)

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Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries Subsidiary to, (a) keep and maintain all property material to of the conduct of Borrower and its business Subsidiaries taken as a whole in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could would not reasonably be expected to have result in a Material Adverse Effect, and (b) maintain, with financially sound and reputable insurance companiescompanies or funds, insurance (including or through appropriate self-insurance) , as applicable, insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Credit Agreement (Sysco Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its consolidated Subsidiaries and each Loan Party to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so so, either individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its respective properties and business, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Credit Agreement (United Surgical Partners International Inc)

Maintenance of Properties; Insurance. The Borrower will, ------------------------------------ and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so so, either individually or it the aggregate, could not reasonably be expected to have a Material Adverse Effect, Effect and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mapics Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except excepted where the failure to do so so, either individually or it the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, Effect and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Loan Agreement (Us Xpress Enterprises Inc)

Maintenance of Properties; Insurance. The Borrower will, ------------------------------------ and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so so, either individually or it the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, Effect and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Revolving Credit Agreement (Deltic Timber Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) except to the extent that the failure to do so could not reasonably be expected to result in Material Adverse Effect, keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could not reasonably be expected to have a Material Adverse Effectin accordance with industry standards, and (b) maintain, with IRIC or other financially sound and reputable insurance companies, insurance (including through companies or with self-insurance) , insurance in such amounts and against such material risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Credit Agreement (Huntsman International LLC)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, subject to ordinary wear and tear excepted, except where the failure to do so so, either individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, Effect and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Revolving Credit Agreement (Amsurg Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (ai) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so so, either individually or it the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, Effect and (bii) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Credit Agreement (Allegheny Energy Inc)

Maintenance of Properties; Insurance. (a) The Borrower will, and will cause the Company and each of its Subsidiaries to, (ai) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could so, either individually or it the aggregate, would not reasonably be expected to have result in a Material Adverse Effect, Effect and (bii) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Revolving Credit Agreement (Greene County Bancshares Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material Property relating to the conduct of its business in good working order and condition, ordinary wear and tear excepted, excepted (except where the failure to do so so, individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect), and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Credit Agreement (SCV Epi Vineyards Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear and casualty loss excepted, except where the failure to do so could so, either individually or in the aggregate, would not reasonably be expected to have result in a Material Adverse Effect, Effect and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged of similar size in the same or similar businesses operating in the same or similar locations, which are similarly situated.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (First Acceptance Corp /De/)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Consolidated Subsidiaries and each Loan Party to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so so, either individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its respective properties and business, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Credit Agreement (United Surgical Partners International Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, subject to ordinary wear and tear excepted, except where the failure to do so so, either individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, Effect and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations. The Borrower will cause the Administrative Agent, for the benefit of the Lenders, to be named additional insured on all liability policies of the Loan Parties.

Appears in 1 contract

Samples: Subsidiary Guarantee Agreement (Amsurg Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) subject to Sections 6.04(a)(iii) and (v) and Section 6.04(d), keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where to the extent that the failure to do so could not reasonably be expected to have keep and maintain would result in a Material Adverse Effect, ; and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Credit Agreement (Whole Foods Market Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear and casualty and condemnation events excepted, except where to the extent any failure to do so could would not reasonably be expected to have a Material Adverse Effect, and (b) maintain (either directly or indirectly by causing its tenants to maintain), with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Term Loan Agreement (Brixmor Operating Partnership LP)

Maintenance of Properties; Insurance. The Such Borrower will, and will cause the Company and each of its Subsidiaries to, (ai) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so so, either individually or it the aggregate, could not reasonably be expected to have result in a Material Adverse Effect, Effect and (bii) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Credit Agreement (Allegheny Energy Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) except with respect to property no longer used or no longer useful in the business of Borrower or its Subsidiaries keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect, excepted and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its prop­erties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Revolving Credit Agreement (Rollins Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could not reasonably be expected to have result in a Material Adverse Effect, and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations, including, without limitation the Reinsurance Policy.

Appears in 1 contract

Samples: Revolving Credit Agreement and Security Agreement (Walter Investment Management Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business their businesses in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could for failures that would not reasonably be expected to have to, result in a Material Adverse Effect, and (b) . The Borrower will maintain, with financially sound and reputable insurance companies, directly, or through Merck, on the Borrower’s own behalf and on behalf of its Subsidiaries, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Credit Agreement (Medco Health Solutions Inc)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could not reasonably be expected to have result in a Material Adverse Effect, and (b) maintain, maintain with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts with respect to its properties and business, and the properties and business of its Subsidiaries, against such risks as are loss or damage of the kinds customarily maintained insured against by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Revolving Credit Agreement (Walter Investment Management Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (ai) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could not reasonably be expected to have result in a Material Adverse Effect, and (bii) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Credit Agreement (Thomas & Betts Corp)

Maintenance of Properties; Insurance. The Borrower will, and will cause the Company and each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, excepted except where the failure to do so could not not, individually or in the aggregate, reasonably be expected to have result in a Material Adverse Effect, and (b) maintain, with financially sound and reputable insurance companies, insurance (including through self-insurance) in such amounts and against such risks as are are, in all material respects, customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Lam Research Corp)

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