Common use of Maintenance of Property, Etc Clause in Contracts

Maintenance of Property, Etc. Borrower will maintain and preserve and will cause each Subsidiary to maintain and preserve all of their respective properties in reasonably good working order and condition, ordinary wear and tear excepted, and will from time to time make all needed repairs, renewals and replacements so that the efficiency of such properties shall be fully maintained and preserved.

Appears in 4 contracts

Samples: Credit Agreement (Flow International Corp), Credit Agreement (Flow International Corp), Credit Agreement (Flow International Corp)

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Maintenance of Property, Etc. Borrower Borrowers will maintain and preserve and will cause each Subsidiary to maintain and preserve all of their respective properties in reasonably good working order and condition, ordinary wear and tear excepted, and will from time to time make all needed repairs, renewals and replacements so that the efficiency of such properties shall be fully maintained and preserved.

Appears in 2 contracts

Samples: Loan Agreement (Northwest Pipe Co), Loan Agreement (Northwest Pipe Co)

Maintenance of Property, Etc. Borrower will maintain and preserve and will cause each Subsidiary of its Subsidiaries to maintain and preserve all of their respective properties in reasonably good working order and condition, ordinary wear and tear excepted, and will from time to time make all needed repairs, renewals and replacements or cause its Subsidiaries to make such repairs, renewals and replacements so that the efficiency of such properties shall be fully maintained and preserved.

Appears in 1 contract

Samples: Loan Agreement (Merix Corp)

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Maintenance of Property, Etc. The Borrower will maintain and preserve and will cause each Subsidiary Guarantor and each of Borrower's other Subsidiaries to maintain and preserve all of their respective its properties in reasonably good working order and condition, ordinary wear and tear excepted, and will from time to time make (and cause each Guarantor and each other Subsidiary to make) all needed repairs, renewals and renewals, or replacements so that the efficiency of such properties shall be fully maintained and preserved.

Appears in 1 contract

Samples: Extended Revolving Credit Agreement

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