Maintenance of Property and Insurance. The Company shall keep all of its property, which is necessary or useful to the conduct of its business, in good working order and condition, ordinary wear and tear excepted. The Company will maintain the insurance described in Section 3.1(p).
Appears in 3 contracts
Samples: Securities Purchase Agreement (Intellect Neurosciences, Inc.), Securities Purchase Agreement (Intellect Neurosciences, Inc.), Securities Purchase Agreement (Intellect Neurosciences, Inc.)
Maintenance of Property and Insurance. The Company shall keep all of its property, which is necessary or useful to the conduct of its business, in good working order and condition, ordinary wear and tear excepted. The Company will maintain the insurance described in Section 3.1(p)) and will also maintain directors and officers insurance for so long as the Securities are outstanding.
Appears in 1 contract
Samples: Securities Purchase Agreement (General Employment Enterprises Inc)
