Common use of Maintenance of Property; Insurance Clause in Contracts

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Loan Parties in good working order and condition, ordinary wear and tear excepted.

Appears in 46 contracts

Samples: Credit Agreement (Centene Corp), Credit Agreement (Primoris Services Corp), Credit Agreement (Continental Materials Corp)

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Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Borrower or such other Loan Parties Party in good working order and condition, ordinary wear and tear excepted.

Appears in 20 contracts

Samples: Credit Agreement (Merus Labs International Inc.), Credit Agreement (PDL Biopharma, Inc.), Credit Agreement (Merus Labs International Inc.)

Maintenance of Property; Insurance. (a) KeepEach Loan Party will keep, and will cause each other Loan Party of its respective Subsidiaries to keep, all material property useful and necessary in the its business of the Loan Parties in good working order and condition, ordinary wear and tear excepted.

Appears in 8 contracts

Samples: Credit Agreement (Noble Midstream Partners LP), Credit Agreement (Noble Midstream Partners LP), Credit Agreement (Noble Midstream Partners LP)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party and each of their respective Subsidiaries to keep, all property useful and necessary in the business of the Loan Parties and each of their respective Subsidiaries in good working order and condition, ordinary wear and tear excepted.

Appears in 6 contracts

Samples: Term Loan Credit Agreement (Falconstor Software Inc), Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement (Falconstor Software Inc)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Borrower or such other Loan Parties Party in good working order and condition, ordinary wear and tear and casualty and condemnation excepted, except to the extent the failure to do so would reasonably be expected to result in a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (ReShape Lifesciences Inc.), Credit Agreement (ReShape Lifesciences Inc.), Credit Agreement (Obalon Therapeutics Inc)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party and Subsidiary thereof to keep, all property useful used and necessary in the business of the Loan Parties and their Subsidiaries in good working order and condition, ordinary wear and tear excepted.

Appears in 5 contracts

Samples: Credit Agreement (AgileThought, Inc.), Credit Agreement (AgileThought, Inc.), Credit Agreement (LIV Capital Acquisition Corp.)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party and its Subsidiaries to keep, all property useful and necessary in the business of the Loan Parties and their Subsidiaries in good working order and condition, ordinary wear and tear excepted.

Appears in 5 contracts

Samples: Credit Agreement (Kapstone Paper & Packaging Corp), Credit Agreement (Kapstone Paper & Packaging Corp), Credit Agreement (Kapstone Paper & Packaging Corp)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Loan Parties in good working order and condition, ordinary wear and tear excepted, and failure to do so could reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Cpi Corp), Credit Agreement (Cpi Corp), Credit Agreement (Cpi Corp)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the such Borrower or such other Loan Parties Party in good working order and condition, ordinary wear and tear excepted.

Appears in 4 contracts

Samples: Second Lien Credit Agreement (Performance Health Holdings Corp.), Credit Agreement (Performance Health Holdings Corp.), Credit Agreement (Performance Health Holdings Corp.)

Maintenance of Property; Insurance. (a) Keep, and cause each other of the Loan Party Parties and their Subsidiaries to keep, all property useful and necessary in the business of the Loan Parties and their Subsidiaries in good working order and condition, ordinary wear and tear excepted.

Appears in 4 contracts

Samples: Credit Agreement (Quest Resource Holding Corp), Credit Agreement (American Virtual Cloud Technologies, Inc.), Credit Agreement (Quest Resource Holding Corp)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Borrower or such other Loan Parties Party in good working order and condition, ordinary wear and tear excepted, and maintain, and cause each other Loan Party to maintain, its Intellectual Property in accordance with the provisions of the Collateral Documents.

Appears in 4 contracts

Samples: Credit Agreement (Avinger Inc), Credit Agreement (Avinger Inc), Credit Agreement (PDL Biopharma, Inc.)

Maintenance of Property; Insurance. (a) KeepEach Loan Party will keep, and will cause each other Loan Party of its Subsidiaries to keep, all material property useful and necessary in the its business of the Loan Parties in good working order and condition, ordinary wear and tear excepted.

Appears in 3 contracts

Samples: Term Credit Agreement (Noble Midstream Partners LP), Credit Agreement (Noble Midstream Partners LP), Credit Agreement (Noble Midstream Partners LP)

Maintenance of Property; Insurance. (ai) Keep, and cause each other Loan Party to keep, Keep all property useful and necessary in the business of the Loan Parties in good working order and condition, ordinary wear and tear excepted.

Appears in 3 contracts

Samples: Credit Agreement (A-Mark Precious Metals, Inc.), Credit Agreement (A-Mark Precious Metals, Inc.), Credit Agreement (A-Mark Precious Metals, Inc.)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, Keep all property useful and necessary in the business of the Loan Parties in good working order and condition, ordinary wear and tear excepted.

Appears in 3 contracts

Samples: Credit Agreement (Infrastructure & Energy Alternatives, Inc.), Loan and Security Agreement (Therapeutics Acquisition Corp.), Loan and Security Agreement (Lifeway Foods Inc)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Loan Parties in good normal working order and condition, ordinary wear and tear excepted.

Appears in 3 contracts

Samples: Credit Agreement (Titan International Inc), Credit Agreement (Titan International Inc), Credit Agreement (Titan International Inc)

Maintenance of Property; Insurance. (a) KeepExcept as otherwise permitted hereunder, keep, and cause each other of the Loan Party Parties and their Subsidiaries to keep, all material property useful and necessary in the business of the Loan Parties and their Subsidiaries in good working order and condition, ordinary wear and tear and casualty excepted.

Appears in 3 contracts

Samples: Credit Agreement (Moneylion Inc.), Credit Agreement (Moneylion Inc.), Credit Agreement (Moneylion Inc.)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party and each of its Subsidiaries to keep, all property useful and necessary in the business of the Borrower, such other Loan Parties Party or such Subsidiary in good working order and condition, ordinary wear and tear excepted, and maintain, and cause each other Loan Party to maintain, its Intellectual Property in accordance with the provisions of the Collateral Documents.

Appears in 2 contracts

Samples: Credit Agreement (Baudax Bio, Inc.), Credit Agreement (Workhorse Group Inc.)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party (other than the Inactive Subsidiary) to keep, all property useful and necessary in the business of the Loan Parties in good working order and conditionin substantially the same condition as of the date hereof, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Continental Materials Corp)

Maintenance of Property; Insurance. (a) Keep, Borrower shall and shall cause each other the Loan Party Parties to keep, keep all material property useful and necessary in the business of its and the Loan Parties Parties’ business in good working order and condition, (ordinary wear and tear excepted.); and

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Perceptron Inc/Mi)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party and each of its Subsidiaries to keep, all property useful and necessary in the business of Holdings, the Borrower, such other Loan Parties Party or such Subsidiary in good working order and condition, ordinary wear and tear excepted, and maintain, and cause each other Loan Party to maintain, its Intellectual Property in accordance with the provisions of the Collateral Documents.

Appears in 2 contracts

Samples: Credit Agreement (CareView Communications Inc), Credit Agreement (CareView Communications Inc)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Loan Parties in good working order and condition, ordinary wear and tear excepted, and except where the failure to do so could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Concur Technologies Inc), Credit Agreement (Concur Technologies Inc)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party and each Subsidiary of the Loan Parties to keep, all property useful and necessary in the business of the Loan Parties and the Subsidiaries of the Loan Parties in good working order and condition, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Loan and Security Agreement (Kinsale Capital Group, Inc.), Loan and Security Agreement (Kinsale Capital Group, Inc.)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Loan Parties in good working such order and conditioncondition as it is on the date hereof, ordinary wear and tear and insured casualty loss excepted.

Appears in 2 contracts

Samples: Revolving Note and Credit Agreement Modification Agreement (International Baler Corp), Credit Agreement (Janel Corp)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Affiliated Party to keep, all property useful and necessary in the business of the Loan Affiliated Parties in good working order and condition, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Term Loan Agreement (Semco Energy Inc), Credit Agreement (Semco Energy Inc)

Maintenance of Property; Insurance. (a) KeepThe Borrower will keep, and will cause each other Loan Party to keep, all property useful and necessary in the its business of the Loan Parties in good working order and condition, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Credit Agreement (Coventry Corp), Credit Agreement (Coventry Corp)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Loan Parties in good working order and condition, ordinary wear and tear excepted, except to the extent the failure to do so could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Pioneer Financial Services Inc)

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Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Loan Parties in good working order and condition, ordinary wear and tear exceptedexcepted and, if insurance proceeds with respect to damage from a casualty or condemnation are not received by a Loan Party, damage from such casualty and condemnation.

Appears in 1 contract

Samples: Credit Agreement (Huttig Building Products Inc)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Borrowers or such other Loan Parties Party in good working order and condition, ordinary wear and tear exceptedexcepted and comply at all times with the provisions of all materials leases to which it is a party as a lessee, so as to prevent any loss or forfeiture thereof or thereunder.

Appears in 1 contract

Samples: Credit Agreement (Focus Venture Partners, Inc)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and or necessary in the business of the Loan Parties in good working order and condition, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Mattersight Corp)

Maintenance of Property; Insurance. (a) Keep, and cause each ---------------------------------- other Loan Party to keep, all property useful and necessary in the business of the Loan Parties in good working order and condition, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Credit Agreement (Kv Pharmaceutical Co /De/)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Loan Parties in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Weyco Group Inc)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Borrower or such other Loan Parties Party in good working order and condition, ordinary wear and tear excepted, and cause each of its Subsidiaries to comply, at all times with the material provisions of all leases to which it is a party as lessee or under which it occupies property.

Appears in 1 contract

Samples: Credit Agreement (Fox Factory Holding Corp)

Maintenance of Property; Insurance. (ai) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Loan Parties in good working order and condition, ordinary wear and tear excepted, except to the extent the failure to do so could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Pioneer Financial Services Inc)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all material property useful and necessary in the business of the Loan Parties in good working order and condition, ordinary wear and tear exceptedexcepted except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Westinghouse Air Brake Technologies Corp)

Maintenance of Property; Insurance. (a) Keep, and cause its Subsidiaries and each other Loan Party Party, to keep, all property useful and necessary in the business of the Loan Parties and their respective Subsidiaries, in good working order and condition, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Pernix Group, Inc.)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property, including without limitation, all real property, personal property and intellectual property, useful and necessary in the business of the Loan Parties in good working order and condition, ordinary wear and tear excepted, except with respect to any such property that becomes obsolete, permanently inoperative, or unfit for its intended use or that is subject to condemnation or confiscation.

Appears in 1 contract

Samples: Credit Agreement (Multi Color Corp)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Company or such Loan Parties Party in good working order and condition, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Credit Agreement (American Capital Strategies LTD)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Company or such other Loan Parties Party in good working order and condition, ordinary wear and tear tear, casualty and condemnation excepted.

Appears in 1 contract

Samples: Credit Agreement (Epiq Systems Inc)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party and each of its Subsidiaries to keep, all property useful and necessary in the business of the Borrower, such other Loan Parties Party or such Subsidiary in good working order and condition, ordinary wear and tear excepted, and maintain, and cause each other Loan Party to maintain, its Material Intellectual Property in accordance with the provisions of the Collateral Documents.

Appears in 1 contract

Samples: Credit Agreement (Adma Biologics, Inc.)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party (other than the Inactive Subsidiaries) to keep, all property useful and necessary in the business of the Loan Parties in good working order and conditionin substantially the same condition as of the date hereof, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Credit Agreement (Continental Materials Corp)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Related Party to keep, all property useful and necessary in the business of the Loan Related Parties in good working order and condition, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Credit Agreement (Ptek Holdings Inc)

Maintenance of Property; Insurance. (a) Keep, and cause each other Loan Party to keep, all property useful and necessary in the business of the Borrower or such other Loan Parties Party in good working order and condition, ordinary wear and tear excepted, and cause each of its Subsidiaries to comply, at all times with the material provisions of all leases to which it is a party as lessee or under which it occupies property, so as to prevent any loss or forfeiture thereof or thereunder.

Appears in 1 contract

Samples: Credit Agreement (Staffmark Holdings, Inc.)

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