Common use of Maintenance of Property; Inspection of Property Clause in Contracts

Maintenance of Property; Inspection of Property. Each Borrower Party shall maintain all of its property necessary and useful in the conduct of its business, in good operating condition and repair, ordinary wear and tear excepted.

Appears in 5 contracts

Samples: Reimbursement and Senior Secured Credit Agreement (Salton Inc), Credit Agreement (Salton Inc), Credit Agreement (Salton Inc)

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Maintenance of Property; Inspection of Property. (a) Each Borrower Credit Party shall maintain all of its property necessary and useful in the conduct of its business, in good operating condition and repair, ordinary wear and tear excepted.

Appears in 3 contracts

Samples: Credit Agreement (Kforce Inc), Credit Agreement (Spherion Corp), Credit Agreement (Kforce Com Inc)

Maintenance of Property; Inspection of Property. (a) Each Borrower Party shall maintain all of its property necessary and useful in the conduct of its business, in good operating condition and repair, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Credit Agreement (Salton Inc), Credit Agreement (Salton Inc)

Maintenance of Property; Inspection of Property. (a) Each Borrower Loan Party shall maintain all of its property necessary and useful in the conduct of its business, in good operating condition and repair, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Credit Agreement (Brown Shoe Co Inc/)

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Maintenance of Property; Inspection of Property. Each Borrower Loan Party shall maintain all of its property necessary and useful in the conduct of its business, in good operating condition and repairrepair in accordance with the standard of the Borrowers’ industry and consistent with such Loan Party’s past conduct, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Term Loan Agreement (Salton Inc)

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