Common use of Maintenance of Property, Etc Clause in Contracts

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

Maintenance of Property, Etc. The Borrower Borrowers will maintain and preserve and will cause each Subsidiary to maintain and preserve all of its 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 or and replacements so that the efficiency of such properties shall be fully maintained and preserved.