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

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

Appears in 2 contracts

Samples: Credit Agreement (Mobile Storage Group Inc), Credit Agreement (Mobile Storage Group Inc)

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

Appears in 2 contracts

Samples: Credit Agreement (Imperial Sugar Co /New/), Credit Agreement (Imperial Sugar Co /New/)

Maintenance of Property; Inspection of Property. (a) Each Credit Obligated Party shall, and shall cause each of its Subsidiaries to, (i) maintain all of its property inventory, equipment and facilities necessary and useful in the conduct of its business in good operating condition order and repaircondition, ordinary wear and tear exceptedexcepted and (ii) make all necessary repairs thereto and renewals and replacements thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ahern Rentals Inc), Loan and Security Agreement (Ahern Rentals Inc)

Maintenance of Property; Inspection of Property. (a) Each Credit Obligated Party shall, and shall cause each of its Subsidiaries to, (i) maintain all of its property equipment and facilities necessary and useful in the conduct of its business in good operating condition order and repaircondition, ordinary wear and tear exceptedexcepted and (ii) make all necessary repairs thereto and renewals and replacements thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Mercury Air Group Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Kforce Inc)

Maintenance of Property; Inspection of Property. (a1) Each Credit Obligated Party shall, and shall cause each of its Subsidiaries to, maintain all of its property necessary and useful in the conduct of its business business, in good operating condition and repair, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Credit Agreement (Daisytek International Corporation /De/)

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Maintenance of Property; Inspection of Property. (a) Each Credit Party The Borrowers shall, and shall cause each of its Subsidiaries Credit Party and other Material Subsidiary to, maintain all of its property necessary or useful in the conduct of its business business, in good operating condition and repair, ordinary wear and tear exceptedexcepted and except as would not reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Saks Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Texas Petrochemical Holdings Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Saks Inc)

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