Common use of Maintenance of Property Clause in Contracts

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 27 contracts

Samples: Credit Agreement (Outback Steakhouse Inc), Credit Agreement (Atlantic American Corp), Credit Agreement (Outback Steakhouse Inc)

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Maintenance of Property. The Borrower shall, and shall cause each Subsidiary to, maintain all of its properties and assets Properties in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 8 contracts

Samples: Credit Agreement (Apple South Inc), Credit Agreement (Avado Brands Inc), Credit Agreement (Apple South Inc)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary to, maintain all of its material properties and assets in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 8 contracts

Samples: 364 Day Revolving Credit Agreement (Valspar Corp), Revolving Credit Agreement (Valspar Corp), Credit Agreement (Carmike Cinemas Inc)

Maintenance of Property. The Borrower shallshall maintain, and shall cause each Subsidiary toto maintain, 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, and make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 6 contracts

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

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary to, maintain all of its properties Properties and assets in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 5 contracts

Samples: Credit Agreement (Meredith Corp), Credit Agreement (Winston Hotels Inc), Credit Agreement (Liberty Corp)

Maintenance of Property. The Borrower Borrowers shall, and shall cause each Material Subsidiary to, maintain all of its their properties and assets in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 4 contracts

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

Maintenance of Property. The Borrower shallwill, and shall will cause each Subsidiary to, maintain all of its properties Property and assets in good condition, repair and working order, ordinary wear and tear exceptedmake all necessary and proper repairs, renewals and replacements so that its business carried on in connection therewith may be properly conducted at all times.

Appears in 4 contracts

Samples: Credit Agreement (Modine Manufacturing Co), Credit Agreement (Modine Manufacturing Co), Credit Agreement (Modine Manufacturing Co)

Maintenance of Property. The Borrower shallshall maintain, and shall cause each Subsidiary toto maintain, 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. The Borrower and each Subsidiary shall use the standard of care typical in the industry in the operation and maintenance of its facilities.

Appears in 4 contracts

Samples: Credit Agreement (Ferrellgas Finance Corp), Short Term Revolving Credit Agreement (Ferrellgas Partners Finance Corp), Credit Agreement (Ferrellgas Partners Finance Corp)

Maintenance of Property. The Borrower shallwill keep, and shall will cause each Subsidiary toto keep, maintain all of material property useful and necessary in its properties and assets business in good working order and condition, repair and working order, ordinary wear and tear excepted.

Appears in 4 contracts

Samples: Credit Agreement (Target Corp), Credit Agreement (Target Corp), 364 Day Credit Agreement (Target Corp)

Maintenance of Property. The In addition to the requirements of any of the other Loan Documents, the Borrower shall, and shall cause each Subsidiary toowning a Property, maintain to keep all of its properties and assets such Property in good working order and condition, repair and working order, ordinary wear and tear and insured casualty losses excepted.

Appears in 4 contracts

Samples: Unsecured Term Loan Agreement (CBL & Associates Properties Inc), Unsecured Credit Agreement (CBL & Associates Properties Inc), Unsecured Credit Agreement (CBL & Associates Properties Inc)

Maintenance of Property. The Borrower shall, and shall cause each Significant Subsidiary to, maintain to the extent commercially reasonable all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 4 contracts

Samples: Credit Agreement (Home Depot Inc), Credit Agreement (Home Depot Inc), Credit Agreement (Home Depot Inc)

Maintenance of Property. The Borrower shallwill maintain, keep, and shall preserve, and cause each Subsidiary toto maintain, maintain keep, and preserve, all of its properties Property (tangible and assets intangible) necessary or useful in the proper conduct of its business in good working order and condition, repair other than damaged or obsolete inventory and working order, ordinary wear and tear exceptedequipment.

Appears in 3 contracts

Samples: Loan Agreement (Quest Resource Holding Corp), Loan Agreement (Pizza Inn Holdings, Inc /Mo/), Loan Agreement (Isecuretrac Corp)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary 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 exceptedexcepted and make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected to have a Material Adverse Effect. The Borrower and each Subsidiary shall use the standard of care typical in the industry in the operation and maintenance of its facilities.

Appears in 3 contracts

Samples: Term Loan Agreement, Credit Agreement (Grainger W W Inc), Credit Agreement (Grainger W W Inc)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary of the Borrower to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 3 contracts

Samples: Credit Agreement (American Capital Strategies LTD), Credit Agreement (American Capital Strategies LTD), Credit Agreement (American Capital Strategies LTD)

Maintenance of Property. The Borrower shallshall maintain and preserve, and shall cause each Subsidiary toto maintain and preserve, maintain 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, and make all necessary repairs thereto and renewals and replacements thereof.

Appears in 3 contracts

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

Maintenance of Property. The Except as otherwise expressly permitted hereunder, each Borrower shall, and shall cause each Subsidiary to, maintain all of its properties property necessary and assets useful in good conditionthe conduct of its business, repair in reasonable operating condition and working orderrepair, ordinary wear and tear excepted.

Appears in 3 contracts

Samples: Loan and Security Agreement (Metals Usa Holdings Corp.), Loan and Security Agreement (FLAG INTERMEDIATE HOLDINGS Corp), Loan and Security Agreement (Metals USA Plates & Shapes Southcentral, Inc.)

Maintenance of Property. The Borrower shallshall maintain, and shall cause each Subsidiary toto maintain, 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.

Appears in 3 contracts

Samples: Credit Agreement (Software Net Corp), Credit Agreement (Firstmerit Corp /Oh/), Credit Agreement (Optical Coating Laboratory Inc)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary to, maintain all of its properties and assets material to its business in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 3 contracts

Samples: Credit Agreement (Cadmus Communications Corp/New), Credit Agreement (Cadmus Communications Corp/New), Credit Agreement (Cadmus Communications Corp/New)

Maintenance of Property. The Borrower shallshall maintain, and shall cause each Subsidiary toto maintain, 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 exceptedexcepted and make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Uncommitted Revolving Credit Agreement (Tesoro Corp /New/), Uncommitted Revolving Credit Agreement (Tesoro Corp /New/), Master Credit Agreement (Matlack Systems Inc)

Maintenance of Property. The Borrower Borrowers shall, and shall will cause each Subsidiary of their Subsidiaries to, maintain all of its their properties and assets in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 3 contracts

Samples: Credit Agreement (Partnerre LTD), Credit Agreement (Partnerre LTD), Credit Agreement (Partnerre LTD)

Maintenance of Property. The Borrower shallshall maintain, and shall cause each Material Subsidiary toto maintain, maintain and preserve all of its properties and assets material property (including, without limitation, equipment) which is used or useful in its business in good working order and condition, repair and working order, ordinary wear and tear exceptedexcepted and make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected to have a Material Adverse Effect. The Borrower and each Material Subsidiary shall use the standard of care typical in the industry in the operation and maintenance of its facilities.

Appears in 3 contracts

Samples: Credit Agreement (Storage Technology Corp), Credit Agreement (Storage Technology Corp), Credit Agreement (Storage Technology Corp)

Maintenance of Property. The Borrower shallwill, and shall will cause each Subsidiary to, at all times, preserve and maintain all of the Property used or useful in the conduct of its properties and assets business in good condition, repair working order and working orderrepair, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Accentia Biopharmaceuticals Inc), Revolving Credit Agreement (Accentia Biopharmaceuticals Inc)

Maintenance of Property. The Borrower shallwill, and shall will cause each Subsidiary to, maintain do all of things necessary to maintain, preserve, protect and keep its properties and assets Property in good repair, working order and condition, repair and working orderthe Borrower will, ordinary wear and tear exceptedwill cause each Subsidiary to, make all necessary and proper repairs, renewals and replacements so that such entity's business carried on in connection therewith may be properly conducted at all times.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Yellow Corp), Revolving Credit Agreement (JPF Acquisition Corp)

Maintenance of Property. The Borrower shallshall maintain, and shall cause each Subsidiary toto maintain, 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 exceptedexcepted and make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected to have a Material Adverse Effect. The Borrower and each Subsidiary shall use the standard of care typical in the industry in the operation and maintenance of its facilities.

Appears in 2 contracts

Samples: Credit Agreement (Adc Telecommunications Inc), Conduit Facility, Transfer and Revolving Credit Agreement (Adc Telecommunications Inc)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary to, maintain all of its properties and assets reasonably required for the conduct of its business in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Credit Agreement (Springs Industries Inc), Term Loan Credit Agreement (Springs Industries Inc)

Maintenance of Property. The Borrower shallwill keep, and shall will cause each Subsidiary toto keep, maintain all of material property useful and necessary in its properties and assets business in good working order and condition, repair and working order, ordinary wear and tear excepted.. Section 5.03

Appears in 2 contracts

Samples: Credit Agreement (Target Corp), 364 Day Credit Agreement (Target Corp)

Maintenance of Property. The Borrower Borrowers shall, and shall cause each Subsidiary to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted; provided, that each of the Borrowers and each of the Subsidiaries may dispose of used, worn out or obsolete equipment, so long as it obtains such replacements as are reasonably required for its operations.

Appears in 2 contracts

Samples: Credit Agreement (Southern Electronics Corp), Credit Agreement (Sed International Holdings Inc)

Maintenance of Property. The Borrower shall, and shall cause each Material Subsidiary to, maintain all of its material properties and assets in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Credit Agreement (Gerber Scientific Inc), Credit Agreement (Gerber Scientific Inc)

Maintenance of Property. The Borrower Borrowers shall, and shall cause each Subsidiary to, maintain all of its their properties and assets in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 2 contracts

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

Maintenance of Property. The Borrower shallwill keep, and shall will cause each Significant Subsidiary toto keep, maintain all of property useful and necessary in its properties and assets business in good working order and condition, repair and working order, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Medium Term Credit Agreement (Chubb Corp), Short Term Credit Agreement (Chubb Corp)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary to, maintain all of its properties and assets used in its business in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 2 contracts

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

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary to, maintain all of its properties and assets in reasonably good condition, repair and working order, ordinary wear and tear excepted.

Appears in 2 contracts

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

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted, satisfactory for the conduct of its operations.

Appears in 1 contract

Samples: Credit Agreement (Kemet Corporation)

Maintenance of Property. The Borrower Borrowers shall, and shall cause each Subsidiary 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.

Appears in 1 contract

Samples: Credit Agreement (Bogen Communications International Inc)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary to, maintain all of its properties and assets which are necessary for use in the Borrower's business in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Credit Agreement (Synalloy Corp)

Maintenance of Property. The Borrower shallshall maintain, and shall ----------------------- cause each Subsidiary toto maintain, 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 exceptedexcepted and make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected to have a Material Adverse Effect. The Borrower and each Subsidiary shall use the standard of care typical in the industry in the operation and maintenance of its facilities.

Appears in 1 contract

Samples: Credit Agreement (U S Rentals Inc)

Maintenance of Property. The Borrower Borrowers shall, and shall ----------------------- cause each Subsidiary to, maintain all of its properties Properties and assets in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Letter of Credit and Reimbursement Agreement (Laralev Inc)

Maintenance of Property. The Borrower shallshall maintain, and shall cause each Restricted Subsidiary toto maintain, 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. The Borrower and each Restricted Subsidiary shall use the standard of care typical in the industry in the operation and maintenance of its facilities.

Appears in 1 contract

Samples: Credit Agreement (Ferrellgas Partners Finance Corp)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary 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 (Hancock Fabrics Inc)

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Maintenance of Property. The Each Borrower shallshall maintain, and shall cause each Subsidiary toto maintain, 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

Appears in 1 contract

Samples: Credit Agreement (Specialty Equipment Companies Inc)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary ----------------------- subsidiary 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: Loan Agreement (Pharmaceutical Product Development Inc)

Maintenance of Property. The Borrower shallshall maintain, and shall cause each ----------------------- Material Subsidiary toto maintain, maintain and preserve all of its properties and assets material property (including, without limitation, equipment) which is used or useful in its business in good working order and condition, repair and working order, ordinary wear and tear exceptedexcepted and make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected to have a Material Adverse Effect. The Borrower and each Material Subsidiary shall use the standard of care typical in the industry in the operation and maintenance of its facilities.

Appears in 1 contract

Samples: Credit Agreement (Storage Technology Corp)

Maintenance of Property. The Borrower shallshall maintain, and shall cause ----------------------- each Subsidiary toto maintain, 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

Appears in 1 contract

Samples: Credit Agreement (Montgomery Ward Holding Corp)

Maintenance of Property. The Borrower shallEach of the Borrowers will, and shall they ----------------------- will cause each Subsidiary to, at all times, preserve and maintain all of the Property used or useful in the conduct of its properties and assets business in good condition, repair working order and working orderrepair, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Loan Agreement (Amrep Corp)

Maintenance of Property. The Borrower shallwill, and shall it will cause each ------------------------- Subsidiary to, at all times, preserve and maintain all of the Property used or useful in the conduct of its properties and assets business in good condition, repair working order and working orderrepair, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Loan Agreement (Air Methods Corp)

Maintenance of Property. The Each Borrower shall, and the ----------------------- Parent shall cause each Consolidated Subsidiary to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted, except where the failure to do so would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Equifax Inc)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary to, maintain all of its properties Properties and assets in good condition, repair and working order, ordinary wear and tear excepted, in accordance with standards observed by companies of established repute engaged in the same or similar business as the Borrower and its Subsidiaries, as applicable, except where the failure to so maintain its Properties and assets will not have or cause a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Scana Corp)

Maintenance of Property. The Borrower shallwill keep, and shall will cause each Subsidiary toto keep, maintain all of material property useful and necessary in its properties and assets business in good working order and condition, repair and working order, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Credit Agreement (Palace Entertainment Holdings, Inc.)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary 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.

Appears in 1 contract

Samples: Credit Agreement (Mechanical Technology Inc)

Maintenance of Property. The Borrower shallshall maintain, and shall cause each Subsidiary toto maintain, 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 exceptedexcepted and make all necessary repairs thereto and renewals and replacements thereof.

Appears in 1 contract

Samples: Credit Agreement (Abc Naco Inc)

Maintenance of Property. The Borrower shallwill, ----------------------- and shall will cause each Subsidiary to, maintain all of its properties Property and assets in good condition, repair and working order, ordinary wear and tear exceptedmake all necessary and proper repairs, renewals and replacements so that its business carried on in connection therewith may be properly conducted at all times.

Appears in 1 contract

Samples: Credit Agreement (Modine Manufacturing Co)

Maintenance of Property. The Borrower shall, and shall cause ----------------------- each Subsidiary 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: Loan Agreement (Firstspartan Financial Corp)

Maintenance of Property. The Borrower shallEach of the Borrowers will, and shall they will cause each Subsidiary of any such Borrower to, at all times, preserve and maintain all of the Property used or useful in the conduct of its properties and assets business in good condition, repair working order and working orderrepair, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Loan Agreement (Virbac Corp)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted, except where the failure to do so could not reasonably be expected to have or cause a Material adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Waste Industries Inc)

Maintenance of Property. The Borrower shallwill keep, and shall will cause each Subsidiary toto keep, maintain all of property useful and necessary in its properties and assets business in good working order and condition, repair and working order, ordinary wear and tear excepted; provided that Borrower and each of its Subsidiaries may discontinue operations and dispose of property in the normal conduct of its business.

Appears in 1 contract

Samples: Credit Agreement (Albertsons Inc /De/)

Maintenance of Property. The Borrower shall, and shall ----------------------- cause each Subsidiary 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 (Us Xpress Enterprises Inc)

Maintenance of Property. The Borrower shall, and shall ----------------------- cause each Consolidated Subsidiary to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted, except where the failure to do so would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Certegy Inc)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary of the Borrower to, maintain all of its properties and assets necessary to the conduct of its business in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Credit Agreement (American Capital Strategies LTD)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary to, maintain all of its properties and assets in good condition, repair and working order, ordinary wear and tear excepted.. A#0004945.01 27

Appears in 1 contract

Samples: Credit Agreement (Atlantic American Corp)

Maintenance of Property. The Borrower shall, and shall cause each Subsidiary to, maintain all of its material properties and assets in reasonably good condition, repair and working order, ordinary wear and tear excepted, except for assets no longer used or useful in the Borrower’s business.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Community Bankshares Inc /Ga/)

Maintenance of Property. The Borrower shall, and shall cause each Restricted Subsidiary to, maintain all of its material properties and assets in good condition, repair and working order, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Credit Agreement (Carmike Cinemas Inc)

Maintenance of Property. The Each Borrower shallshall maintain, and shall cause each Subsidiary toto maintain, 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 exceptedand damage by casualty excepted and make all necessary repairs thereto and renewals and replacements thereof 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 (Trylon Corp/Mi/)

Maintenance of Property. The Borrower shallwill, and shall it will cause each ----------------------- Subsidiary to, at all times, preserve and maintain all of the Property used or useful in the conduct of its properties and assets business in good condition, repair working order and working orderrepair, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Loan Agreement (Hennessy Advisors Inc)

Maintenance of Property. The Borrower Borrowers shall, and shall cause each Domestic Subsidiary 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.

Appears in 1 contract

Samples: Credit Agreement (Bogen Communications International Inc)

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