Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted.
Appears in 23 contracts
Samples: Credit Agreement (MSC Income Fund, Inc.), Credit Agreement (MSC Income Fund, Inc.), Credit Agreement (HMS Income Fund, Inc.)
Maintenance of Property. Each The Loan Party Parties shall, and shall cause each Subsidiary of a Loan Party their Subsidiaries to, maintain keep all of assets used or useful and necessary to its properties and assets business in good condition, repair working order and working order, condition (ordinary wear and tear and casualty and condemnation excepted) in accordance with its past operating practices.
Appears in 16 contracts
Samples: Credit Agreement (Team Inc), Credit Agreement (Team Inc), Term Loan Credit Agreement (Team Inc)
Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party to, maintain all of its properties and assets (excluding assets that are obsolete or no longer useful in such Loan Party’s business) in good condition, repair and working order, ordinary wear and tear excepted.
Appears in 9 contracts
Samples: Credit Agreement (Bassett Furniture Industries Inc), Credit Agreement (Bassett Furniture Industries Inc), Credit Agreement (Bassett Furniture Industries Inc)
Maintenance of Property. Each Loan Party shallshall maintain, and shall cause each Subsidiary of a Loan Party to, maintain all of its properties Subsidiaries to maintain, and assets preserve all its Property which is necessary in its business in good working order and condition, repair and working order, ordinary wear and tear exceptedand fire, casualty or condemnation excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 8 contracts
Samples: Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.), Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.), Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.)
Maintenance of Property. Each The Loan Party Parties shall, and shall cause each Subsidiary of a Loan Party their Subsidiaries to, maintain keep all of assets used or useful and necessary to its properties and assets business in good condition, repair working order and working order, condition (ordinary wear and tear and casualty and condemnation excepted) in accordance with its ordinary course of business practices.
Appears in 7 contracts
Samples: Loan and Security Agreement (Trade Desk, Inc.), Loan and Security Agreement (Trade Desk, Inc.), Loan and Security Agreement (Trade Desk, Inc.)
Maintenance of Property. Each Loan Party shallshall maintain, and shall cause each Subsidiary of a Loan Party to, maintain all of its properties Subsidiaries to maintain, and assets preserve all its property which is used or useful in its business in good working order and condition, repair and working order, ordinary wear and tear excepted, and shall make all necessary repairs thereto and renewals and replacements thereof.
Appears in 5 contracts
Samples: Loan and Security Agreement (Surmodics Inc), Loan and Security Agreement (1847 Goedeker Inc.), Loan and Security Agreement (1847 Goedeker Inc.)
Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party to, maintain all of its properties and assets material to the conduct of its business in good condition, repair and working order, ordinary wear and tear excepted.
Appears in 5 contracts
Samples: Credit Agreement (MSC Income Fund, Inc.), Credit Agreement (Main Street Capital CORP), Credit Agreement (MSC Income Fund, Inc.)
Maintenance of Property. Each Loan Party shall, except as otherwise permitted by this Agreement, maintain, and shall cause each Subsidiary of a Loan Party to, maintain all of its properties Subsidiaries to maintain, and preserve all its assets and property that are material to its businesses in good working order and condition, repair and working order, ordinary wear and tear exceptedand casualty and condemnation excepted and shall make all necessary repairs thereto and renewals and replacements thereof in the ordinary course of business consistent with past practices.
Appears in 3 contracts
Samples: Facility Agreement (Intersect ENT, Inc.), Facility Agreement (Intersect ENT, Inc.), Facility Agreement (Intersect ENT, Inc.)
Maintenance of Property. Each Loan Party shall, and shall cause each Applicable Subsidiary of a Loan Party to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted, except as otherwise provided in any of the Collateral Documents.
Appears in 3 contracts
Samples: Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc)
Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted, except as otherwise provided in any of the Collateral Documents.
Appears in 3 contracts
Samples: Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc)
Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party its Subsidiaries to, maintain keep all of property useful and necessary to its properties and assets business in good condition, repair working order and working order, condition (ordinary wear and tear excepted) in accordance with its past operating practices.
Appears in 2 contracts
Samples: Loan and Security Agreement (BuzzFeed, Inc.), Loan and Security Agreement (890 5th Avenue Partners, Inc.)
Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party to, maintain all of its properties property necessary and assets useful in the conduct of its business, in good condition, repair operating condition and working orderrepair, ordinary wear and tear excepted.
Appears in 2 contracts
Samples: Loan and Security Agreement (Consolidated Freightways Corp), Loan and Security Agreement (Pentacon Inc)
Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted, except as otherwise provided herein or in any of the Collateral Documents.
Appears in 2 contracts
Samples: Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc)
Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted, excluding equipment which the Loan Party has determined is no longer used in the ordinary course of its business.
Appears in 1 contract
Samples: Credit Agreement (Scansource Inc)
Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party to, or, where a Property is maintained by a tenant, cause each tenant to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted.
Appears in 1 contract
Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party its Subsidiaries to, maintain all of its properties and assets Properties in good condition, repair and working order, ordinary wear and tear excepted.
Appears in 1 contract
Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party its Subsidiaries to, maintain and preserve all of its properties and assets property which is used or useful in its business in good working order and condition, repair and working order, ordinary wear and tear excepted, except as permitted by Section 7.02.
Appears in 1 contract
Maintenance of Property. Each Loan Party shall, and ----------------------- shall cause each Subsidiary of a Loan Party to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted.
Appears in 1 contract
Samples: Credit Agreement (Scansource Inc)
Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted.
Appears in 1 contract
Samples: Credit Agreement (Avocent Corp)
Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party to, maintain all of its properties and assets (excluding assets that are obsolete or no longer useful in such Loan Party's business) in good condition, repair and working order, ordinary wear and tear excepted.
Appears in 1 contract
Samples: Credit Agreement (Bassett Furniture Industries Inc)
Maintenance of Property. Each The Loan Party Parties shall, and shall cause each Subsidiary of a Loan Party their Subsidiaries to, maintain keep all of assets used or useful and necessary to its properties and assets business in good condition, repair working order and working order, condition (ordinary wear and tear excepted).
Appears in 1 contract
Samples: Credit Agreement (Stitch Fix, Inc.)
Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party its Subsidiaries to, maintain all of its properties property necessary and assets useful in the conduct of its business, in good condition, repair operating condition and working orderrepair, ordinary wear and tear excepted.
Appears in 1 contract
Samples: Loan and Security Agreement (Parker Drilling Co /De/)
Maintenance of Property. Each Loan Party shall, and shall cause each Subsidiary of a Loan Party to, maintain all of its properties property necessary and assets useful in the conduct of its business, in good condition, repair operating condition and working orderrepair, ordinary wear and tear tear, fire, casualty or condemnation excepted, except where such failure to maintain could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Samples: Loan and Security Agreement (EveryWare Global, Inc.)