Maintenance of Property; Insurance. The Company will, and will cause each Subsidiary to, keep all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition, the Company and each Subsidiary will maintain insurance in at least such amounts and against such risks as it has insured against as of the Closing Date.
Appears in 43 contracts
Samples: Securities Purchase Agreement (Liberty Star Uranium & Metals Corp.), Securities Purchase Agreement (3dicon Corp), Securities Purchase Agreement (3dicon Corp)
Maintenance of Property; Insurance. The Company will, shall and will shall cause each Subsidiary to, to keep all property of its property, which is necessary or useful and necessary in to the conduct of its business business, in good working order and condition, ordinary wear and tear excepted. In addition, excepted and insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary for the businesses of the Company and each Subsidiary will maintain insurance in at least such amounts and against such risks as it has insured against as of the Closing DateSubsidiary.
Appears in 10 contracts
Samples: Securities Purchase Agreement (GT Biopharma, Inc.), Securities Purchase Agreement (GT Biopharma, Inc.), Securities Purchase Agreement (GT Biopharma, Inc.)
Maintenance of Property; Insurance. (a) The Company willwill keep, and will cause each Subsidiary toto keep, keep all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition.
(b) The Company will maintain, the Company and will cause each Subsidiary will maintain to maintain, with financially sound and responsible insurance companies, insurance, in at least such amounts and against such risks as it has insured against as is reasonably adequate for the conduct of their respective businesses and the Closing Datevalue of their respective properties.
Appears in 6 contracts
Samples: Convertible Note (Emagin Corp), Note Purchase Agreement (Emagin Corp), Convertible Note (Emagin Corp)
Maintenance of Property; Insurance. (a) The Company willwill keep, and will cause each Subsidiary toto keep, keep all property which, in the reasonable business judgment of the Company, is useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition.
(b) The Company will maintain, the Company and will cause each Subsidiary will maintain to maintain, with financially sound and responsible insurance companies, insurance, in at least such amounts and against such risks as it has insured against as is reasonably adequate for the conduct of their respective businesses and the Closing Datevalue of their respective properties.
Appears in 6 contracts
Samples: Senior Subordinated Secured Note (DecisionPoint Systems, Inc.), Convertible Note (Berliner Communications Inc), Convertible Note Agreement (Berliner Communications Inc)
Maintenance of Property; Insurance. (a) The Company willwill keep, and will cause each Subsidiary toto keep, keep all property which, in the reasonable business judgment of the Company, is useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition.
(b) The Company will maintain, the Company and will cause each Subsidiary will to maintain insurance in at least such amounts and against such risks as it has insured against as is reasonably adequate for the conduct of their respective businesses and the Closing Datevalue of their respective properties.
Appears in 4 contracts
Samples: Senior Subordinated Secured Convertible Note (Onstream Media CORP), Senior Subordinated Secured Convertible Note (Onstream Media CORP), Note Purchase Agreement (Onstream Media CORP)
Maintenance of Property; Insurance. The Company will, and will cause each Covered Subsidiary to, keep all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition, the Company and each Covered Subsidiary will maintain insurance in at least such amounts and against such risks as it has insured against as of the Closing Date.
Appears in 3 contracts
Samples: Securities Purchase Agreement (ERF Wireless, Inc.), Securities Purchase Agreement (ERF Wireless, Inc.), Securities Purchase Agreement (ERF Wireless, Inc.)
Maintenance of Property; Insurance. (a) The Company willwill keep, and will cause each Significant Subsidiary toto keep, keep all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition.
(b) The Company will maintain, the Company and will cause each Significant Subsidiary will maintain to maintain, with financially sound and responsible insurance companies, insurance in at least such those amounts and against such those risks as it has insured against as reasonably believes is adequate for the conduct of its businesses and the Closing Datevalue of its properties.
Appears in 3 contracts
Samples: Note (Emisphere Technologies Inc), Note (Emisphere Technologies Inc), Note Purchase Agreement (Emisphere Technologies Inc)
Maintenance of Property; Insurance. (a) The Company willwill keep, and will cause each Significant Subsidiary toto keep, keep all property which, in the reasonable business judgment of the Company, is useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition.
(b) The Company will maintain, the Company and will cause each Significant Subsidiary will maintain to maintain, with financially sound and responsible insurance companies, insurance, in at least such amounts and against such risks as it has insured against as is reasonably adequate for the conduct of their respective businesses and the Closing Datevalue of their respective properties.
Appears in 2 contracts
Samples: Note Purchase Agreement (Omni Medical Holdings Inc), Senior Subordinated Secured Note (Direct Insite Corp)
Maintenance of Property; Insurance. The Company will, and will cause each Subsidiary towill keep, keep all property useful and reasonably necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition, the Company and each Subsidiary will maintain insurance in at least such amounts and against such risks as it has insured against as of the Closing Date.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Vitech America Inc), Securities Purchase Agreement (Aht Corp)
Maintenance of Property; Insurance. The Company will, and will cause each Subsidiary towill keep, keep all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition, the Company and each Subsidiary will maintain insurance in at least such amounts and against such risks as it has insured against as of the Closing Date.
Appears in 2 contracts
Samples: Securities Purchase Agreement (American International Petroleum Corp /Nv/), Securities Purchase Agreement (Autobond Acceptance Corp)
Maintenance of Property; Insurance. The Company will, and will cause each Subsidiary towill keep, keep all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition, the Company and each Subsidiary will -------------------------------------------------------------------------------- SECURITIES PURCHASE AGREEMENT - Page 31 (Take-Two Interactive Software, Inc.) maintain insurance in at least such amounts and against such risks as it has insured against as of the Closing Date.
Appears in 1 contract
Samples: Securities Purchase Agreement (Take Two Interactive Software Inc)
Maintenance of Property; Insurance. (1) The Company willwill keep, and will cause each Subsidiary toto keep, keep all property which, in the reasonable business judgment of the Company, is useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition.
(2) The Company will maintain, the Company and will cause each Subsidiary will maintain to maintain, with financially sound and responsible insurance companies, insurance, in at least such amounts and against such risks as it has insured against as of the Closing DateCompany reasonably believes to be customary for comparably situated companies.
Appears in 1 contract
Samples: Convertible Note (Insmed Inc)
Maintenance of Property; Insurance. (i) The Company will, and will cause each Subsidiary to, will keep all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition, the .
(ii) The Company and each Subsidiary will maintain insurance in at least such amounts and against such risks as it has insured against as of the First Tranche Closing Date.
Appears in 1 contract
Samples: Convertible Debenture and Convertible Preferred Stock Purchase Agreement (Tamboril Cigar Co)
Maintenance of Property; Insurance. The Company will, and will cause each Subsidiary to, keep all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition, the Company and each Subsidiary will maintain insurance in at least such amounts and against such risks as it has insured against as of the Closing Date.,
Appears in 1 contract
Samples: Securities Purchase Agreement (Boston Biomedica Inc)
Maintenance of Property; Insurance. The Company will, and will cause each Subsidiary to, keep all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition, the Company and each Subsidiary will maintain insurance in at least such amounts and against such risks as it has insured against as of the Closing Date.
Appears in 1 contract
Samples: Securities Purchase Agreement (Boston Biomedica Inc)
Maintenance of Property; Insurance. The Company will, and ---------------------------------- will cause each Subsidiary to, keep all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition, the Company and each Subsidiary will maintain insurance in at least such amounts and against such risks as it has insured against as of the Closing Date.
Appears in 1 contract
Samples: Securities Purchase Agreement (International Fuel Technology Inc)
Maintenance of Property; Insurance. The Company willwill keep, and will cause each Subsidiary toto keep, keep all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition, ; provided that the Company and each Subsidiary will its Subsidiaries shall not be required to maintain insurance any property or properties which are, in at least such amounts and against such risks as it has insured against as the reasonable opinion of the Closing DateCompany, not material to the business of the Company and its Consolidated Subsidiaries taken as a whole.
Appears in 1 contract
Samples: Credit Agreement (Allergan Inc)
Maintenance of Property; Insurance. (a) The Company willwill keep, and will cause each Significant Subsidiary toto keep, keep all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition.
(b) The Company will maintain, the Company and will cause each Significant Subsidiary will maintain to maintain, with financially sound and responsible insurance companies, insurance in at least such amounts and against such risks as it has insured against as is reasonably adequate for the conduct of their respective businesses and the Closing Datevalue of their respective properties.
Appears in 1 contract
Samples: Note Purchase Agreement (Sugen Inc)
Maintenance of Property; Insurance. The Company will, and will cause each Subsidiary to, keep keep, all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted. In addition, the Company and each Subsidiary will maintain insurance in at least such amounts and against such risks as it has insured against as of the Closing Effective Date.
Appears in 1 contract
Samples: Equity Financing Agreement (American International Petroleum Corp /Nv/)