Common use of Maintenance of Property and Leases Clause in Contracts

Maintenance of Property and Leases. Each Covered Person shall maintain in good condition and working order, and repair and replace as required, all buildings, equipment, machinery, fixtures and other real and personal property owned or leased by it whose useful economic life has not elapsed and which is reasonably necessary for the ordinary conduct of the business of such Covered Person. All of each Covered Person's inventory shall be produced in accordance with the Federal Fair Labor Standards Act of 1938 and all rules, regulations, and orders thereunder.

Maintenance of Property and Leases. Each Covered Person shall maintain in good condition and working order, and repair and replace as required, all buildings, equipment, machinery, fixtures and other real and personal property owned or leased by it whose useful economic life has not elapsed and which is reasonably necessary for the ordinary conduct of the business of such Covered Person. All To the extent applicable, all of each Covered Person's inventory shall be produced ’s operations are operated in accordance with the Federal Fair Labor Standards Act of 1938 and all rules, regulations, and orders thereunder.

Maintenance of Property and Leases. Each Covered Person shall maintain in good condition and working order, and repair and replace as required, all buildings, equipment, machinery, fixtures and other real and personal property owned or leased by it whose useful economic life has not elapsed and which is reasonably necessary for the ordinary conduct of the business of such Covered Person. All To the extent applicable, all of each Covered Person's inventory shall be produced operations are operated in accordance with the Federal Fair Labor Standards Act of 1938 and all rules, regulations, and orders thereunder.