Common use of Maintenance of Property; Insurance Clause in Contracts

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (ordinary wear and tear and obsolescence excepted).

Appears in 5 contracts

Samples: Agency Succession and Amendment Agreement (GateHouse Media, Inc.), Secured Bridge Credit Agreement (GateHouse Media, Inc.), First Lien Credit Agreement (GateHouse Media, Inc.)

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Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (immaterial portions of such property and ordinary wear and tear and obsolescence excepted).;

Appears in 4 contracts

Samples: Credit Agreement (Consolidated Graphics Inc /Tx/), Credit Agreement (Consolidated Graphics Inc /Tx/), Credit Agreement (Consolidated Graphics Inc /Tx/)

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (ordinary wear and tear and obsolescence and casualty resulting in a Recovery Event excepted).

Appears in 4 contracts

Samples: Credit Agreement (Ani Pharmaceuticals Inc), Credit Agreement (Ani Pharmaceuticals Inc), Credit Agreement (Ani Pharmaceuticals Inc)

Maintenance of Property; Insurance. (a) Keep all tangible material property it deems, in its reasonable business judgment, useful and necessary in its business in good working order and condition (ordinary wear and tear and obsolescence excepted).;

Appears in 4 contracts

Samples: Credit Agreement (Unique Fabricating, Inc.), Joinder Agreement (PMFG, Inc.), Credit and Term Loan Agreement (Peerless Manufacturing Co)

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (condition, ordinary wear and tear and obsolescence excepted).excepted and

Appears in 4 contracts

Samples: Credit Agreement, Revolving Credit Agreement (Medical Properties Trust Inc), Credit Agreement (Websense Inc)

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in reasonably good working order and condition (ordinary wear and tear and obsolescence excepted).

Appears in 3 contracts

Samples: Credit Agreement (Belden Inc.), Credit Agreement (Belden Inc.), Credit Agreement (Belden CDT Inc.)

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (ordinary wear and tear tear, damage by casualty and obsolescence excepted).

Appears in 3 contracts

Samples: Credit Agreement (Graybar Electric Co Inc), Credit Agreement (Nci Building Systems Inc), Credit Agreement (Nci Building Systems Inc)

Maintenance of Property; Insurance. (a) Keep all tangible property material property useful and necessary in to the conduct of its business in good working order and condition (ordinary wear and tear and obsolescence excepted).

Appears in 3 contracts

Samples: Credit Agreement (ARKO Corp.), Credit Agreement (ARKO Corp.), Credit Agreement (GPM Petroleum LP)

Maintenance of Property; Insurance. (a) Keep all tangible material property Material Property useful and necessary in its business in good working order and condition (ordinary wear and tear tear, damage by casualty and obsolescence excepted).;

Appears in 3 contracts

Samples: Credit Agreement (Orthofix International N V), Credit Agreement (Orthofix International N V), Credit Agreement (Orthofix International N V)

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (ordinary wear and tear tear, damage by casualty and obsolescence excepted, and subject to any actions taken pursuant to Section 6.4).;

Appears in 2 contracts

Samples: Credit Agreement (Glenayre Technologies Inc), Credit Agreement (Medvest Holdings Corp)

Maintenance of Property; Insurance. (a) Keep all tangible material property Property useful and necessary in its business (including, without limitation, all Real Property) in good working order and condition (condition, ordinary wear and tear and obsolescence excepted).

Appears in 2 contracts

Samples: Credit Agreement (Friendly Ice Cream Corp), Credit Agreement (Friendlys Restaurants Franchise Inc)

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (condition, ordinary wear and tear and obsolescence excepted).;

Appears in 2 contracts

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

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (ordinary wear and tear tear, casualty and obsolescence excepted).

Appears in 2 contracts

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

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (ordinary wear and tear and obsolescence excepted).; and

Appears in 2 contracts

Samples: Credit Agreement (Community Health Systems Inc), Credit Agreement (Saks Holdings Inc)

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business as then being conducted in good working order and condition (ordinary wear and tear and obsolescence excepted).) except where failure to do so would not materially or adversely affect the use of such property; and

Appears in 2 contracts

Samples: Credit Agreement (Alliance One International, Inc.), Credit Agreement (Alliance One International, Inc.)

Maintenance of Property; Insurance. (a) Keep all Real Property, other tangible material property and assets useful and necessary in its business in good working order and condition (ordinary wear and tear and obsolescence dispositions permitted hereunder excepted).

Appears in 2 contracts

Samples: Credit Agreement (Atlantic Broadband Finance, LLC), Credit Agreement (Atlantic Broadband Finance, LLC)

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (ordinary wear and tear and obsolescence excepted)) and not commit or permit any waste thereon.

Appears in 2 contracts

Samples: Credit Agreement (Riviera Holdings Corp), Credit Agreement (Riviera Holdings Corp)

Maintenance of Property; Insurance. (a) Keep all tangible material property Property and systems useful and necessary in its business in good working order and condition (condition, ordinary wear and tear and obsolescence damage by casualty excepted).

Appears in 2 contracts

Samples: Credit Agreement (Spanish Broadcasting System Inc), Credit Agreement (Spanish Broadcasting System of Puerto Rico Inc /Pr/)

Maintenance of Property; Insurance. (a) Keep all tangible material property inventory and equipment useful and necessary in its business in good working order and condition (condition, ordinary wear and tear and obsolescence excepted).; and

Appears in 2 contracts

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

Maintenance of Property; Insurance. (a) Keep all tangible Real Property, other material property and assets useful and necessary in its business in good working order and condition (ordinary wear and tear and obsolescence excepted).

Appears in 2 contracts

Samples: Credit Agreement (Language Line Services Holdings, Inc.), Credit Agreement (LL Services Inc.)

Maintenance of Property; Insurance. (axxii) Keep all tangible material property Property and systems useful and necessary in its business in good working order and condition (condition, ordinary wear and tear and obsolescence excepted).

Appears in 1 contract

Samples: Credit Agreement (Sba Communications Corp)

Maintenance of Property; Insurance. (a) Keep Maintain and preserve all tangible material of its property useful and necessary in its business in good working order and condition (condition, ordinary wear and tear and obsolescence excepted).

Appears in 1 contract

Samples: Loan Agreement (Medicine Man Technologies, Inc.)

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and assets used and necessary in its business in good working order and condition (ordinary wear and tear and obsolescence excepted).

Appears in 1 contract

Samples: Credit Agreement (Moore Corporation LTD)

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Maintenance of Property; Insurance. (ai) Keep Except as permitted by Section 7.02(d), keep all tangible material property Property useful and necessary in its business in good working order and condition (condition, subject to casualty, condemnation, ordinary wear and tear and obsolescence excepted).obsolescence;

Appears in 1 contract

Samples: Credit Agreement (Lantheus Holdings, Inc.)

Maintenance of Property; Insurance. (a) Keep all tangible material property that is useful and necessary in its business as then being conducted in good working order and condition (ordinary wear and tear and obsolescence excepted).) except where failure to do so would not materially or adversely affect its business;

Appears in 1 contract

Samples: Credit Agreement (Alliance One International, Inc.)

Maintenance of Property; Insurance. (a) Keep all tangible material property that is useful and necessary in its business as then being conducted in good working order and condition (ordinary wear and tear and obsolescence excepted).) except where failure to do so would not materially or adversely affect its business; and

Appears in 1 contract

Samples: Credit Agreement (Alliance One International, Inc.)

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (condition, ordinary wear and tear and obsolescence excepted).excepted and

Appears in 1 contract

Samples: Credit Agreement (National Financial Partners Corp)

Maintenance of Property; Insurance. (ai) Keep Maintain all tangible material property useful and necessary in its business in good working order and condition (ordinary wear and tear and obsolescence excepted).) and in accordance with past practices;

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Sleepmaster LLC)

Maintenance of Property; Insurance. (a) Keep all tangible material physical property useful and necessary in its respective business in good working order and condition (condition, ordinary wear and tear and obsolescence excepted).;

Appears in 1 contract

Samples: Credit Agreement (ShoreTel Inc)

Maintenance of Property; Insurance. (a) a. Keep all tangible material property useful and necessary in its business in good working order and condition (ordinary wear and tear and obsolescence excepted).

Appears in 1 contract

Samples: Joinder Agreement (Novation Companies, Inc.)

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (ordinary wear and tear tear, damage by casualty and obsolescence excepted).;

Appears in 1 contract

Samples: Credit Agreement (Orthofix International N V)

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (ordinary wear and tear and obsolescence excepted).;

Appears in 1 contract

Samples: Revolving Credit Agreement (Camelot Music Holdings Inc)

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (ordinary wear and tear and obsolescence excepted).;

Appears in 1 contract

Samples: Credit Agreement (Roanoke Electric Steel Corp)

Maintenance of Property; Insurance. (a) Keep keep all tangible material property Property and systems useful and necessary in its business in good working order and condition (condition, ordinary wear and tear and obsolescence excepted).

Appears in 1 contract

Samples: Credit Agreement (Mission Resources Corp)

Maintenance of Property; Insurance. (a) Keep all tangible property material property useful and necessary in to the conduct of its business in good working order and condition (ordinary wear and tear and obsolescence excepted).. |US-DOCS\140878708.9||

Appears in 1 contract

Samples: Credit Agreement (ARKO Corp.)

Maintenance of Property; Insurance. (a) Keep all tangible Property material property to its business, useful and necessary in its business business, whether leased or owned, in good working order and condition (adequate condition, ordinary wear and tear and obsolescence excepted).

Appears in 1 contract

Samples: Credit Agreement (Independent Bank Corp)

Maintenance of Property; Insurance. (ac) Keep all tangible material property useful and necessary in its respective business in good working order and condition (condition, ordinary wear and tear and obsolescence excepted).;

Appears in 1 contract

Samples: Credit Agreement (Extreme Networks Inc)

Maintenance of Property; Insurance. (a) Keep all tangible material property useful and necessary in its business in good working order and condition (immaterial portions of such property and ordinary wear and tear and obsolescence excepted).; and

Appears in 1 contract

Samples: Credit Agreement (Consolidated Graphics Inc /Tx/)

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