Common use of Maintenance of Property, Etc Clause in Contracts

Maintenance of Property, Etc. The Borrower shall maintain and preserve, and shall cause each Subsidiary to maintain and preserve, all of its properties (except with respect to properties that, in the aggregate, are insignificant to the proper conduct of the Borrower's business) in good working order and condition, ordinary wear and tear excepted, and will from time to time make (and cause each Subsidiary to make) all needed repairs, renewals, or replacements so that the efficiency of such properties shall be fully maintained and preserved.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Hollywood Entertainment Corp), Revolving Credit Agreement (Hollywood Entertainment Corp)

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Maintenance of Property, Etc. The Borrower shall maintain and preserve, preserve and shall cause each Subsidiary to maintain and preserve, preserve all of its properties (except with respect to properties that, in the aggregate, are insignificant to the proper conduct of the Borrower's business) in reasonably good working order and condition, ordinary wear and tear excepted, and will from time to time make (and cause each Subsidiary to make) all needed repairs, renewals, or renewals and replacements so that to the efficiency of such properties shall be fully maintained and preservedextent required by prudent business practice.

Appears in 2 contracts

Samples: Credit Agreement (Micron Electronics Inc), Credit Agreement (Micron Electronics Inc)

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Maintenance of Property, Etc. The Borrower shall maintain and preservewill, and shall will cause each Subsidiary to to, maintain and preserve, preserve all of its material properties (except with respect to properties that, in the aggregate, are insignificant to the proper conduct of the Borrower's business) in good working order and condition, ordinary wear and tear excepted, and will from time to time make (and cause each Subsidiary to make) all needed repairs, renewals, or replacements so that the efficiency of such properties shall be fully maintained and preserved.and

Appears in 1 contract

Samples: Loan Agreement (Cascade Corp)

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