Common use of Maintenance of Property Clause in Contracts

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereof.

Appears in 15 contracts

Samples: Term Loan Credit Agreement (Southwest Gas Corp), Revolving Credit Agreement (Southwest Gas Corp), Term Loan Credit Agreement (Southwest Gas Corp)

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Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and make all necessary repairs thereto and renewals and replacements thereof except as permitted under Section 7.02(b) hereofin any case where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 8 contracts

Samples: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Atmos Energy Corp), Credit Agreement (Black Hills Corp /Sd/)

Maintenance of Property. The Borrower shall maintain, keep all property useful and shall cause each of its Significant Subsidiaries ----------------------- necessary to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, condition (ordinary wear and tear excepted and except as permitted under Section 7.02(bexcepted) hereofin accordance with its past operating practices.

Appears in 6 contracts

Samples: Annual Report, Loan and Security Agreement (Tut Systems Inc), Loan and Security Agreement (Pilot Network Services Inc)

Maintenance of Property. The Borrower shall maintainwill keep, and shall will cause each Material Subsidiary to keep, all material items of its Significant Subsidiaries to maintain, property useful and preserve all its Property which is used or useful necessary in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofdamage from casualty excepted.

Appears in 6 contracts

Samples: Revolving Loan and Letter of Credit Facility Agreement (Fluor Corp), Revolving Loan and Letter of Credit Facility Agreement (Fluor Corp), Revolving Loan and Financial Letter of Credit Facility Agreement (Fluor Corp)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain all of its property necessary and preserve all its Property which is used or useful in the conduct of its business business, in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 6 contracts

Samples: Loan and Security Agreement (Good Guys Inc), Loan and Security Agreement (Anchor Glass Container Corp /New), Loan and Security Agreement (United States Leather Inc /Wi/)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain all of its properties and preserve all its Property which is used or useful in its business assets in good condition, repair and working order and conditionorder, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 5 contracts

Samples: Secured Revolving Credit Agreement (MVC Capital, Inc.), Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp)

Maintenance of Property. The Except as permitted in Section 5.2, each Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property which is material to be used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofshall make all necessary repairs thereto and renewals and replacements thereof in the Ordinary Course of Business.

Appears in 5 contracts

Samples: Credit Agreement (Mediaco Holding Inc.), Second Lien Term Loan Agreement (Mediaco Holding Inc.), Term Loan Agreement (Mediaco Holding Inc.)

Maintenance of Property. The Each Borrower shall maintain, and shall cause each of its Significant Subsidiaries Material Subsidiary to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted except where the failure to so maintain or preserve could not reasonably be expected to have a Material Adverse Effect and except as permitted under by Section 7.02(b) hereof7.02.

Appears in 4 contracts

Samples: Credit Agreement (Idex Corp /De/), Credit Agreement (Idex Corp /De/), Credit Agreement (Idex Corp /De/)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain all of their respective property necessary and preserve all its Property which is used or useful in its business the conduct of their respective businesses, in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 4 contracts

Samples: Loan and Security Agreement (LDM Technologies Co), Term Loan and Security Agreement (LDM Technologies Inc), Term Loan and Security Agreement (LDM Technologies Inc)

Maintenance of Property. The Borrower shall maintainagrees to keep, and shall to cause each of its Significant the Subsidiaries to maintainkeep, all property useful and preserve all necessary to its Property which is used or useful in its business respective businesses in good working order and condition, condition (ordinary wear and tear excepted excepted) in accordance with their past operating practices and except as permitted under Section 7.02(b) hereofnot to commit or suffer any waste with respect to any of its properties.

Appears in 4 contracts

Samples: Credit Agreement (Wickes Inc), Credit Agreement (Riverside Group Inc/Fl), Credit Agreement (Wickes Inc)

Maintenance of Property. The Borrower shall will keep and maintain, and shall cause each of its Significant Subsidiaries to keep and maintain, all property material to the conduct of the business of the Borrower and preserve all its Property which is used or useful in its business Subsidiaries taken as a whole in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 3 contracts

Samples: Credit Agreement (Airgas Inc), Credit Agreement (Air Products & Chemicals Inc /De/), Credit Agreement (Airgas Inc)

Maintenance of Property. The Borrower shall maintainwill, and shall it will cause each of its Significant Subsidiaries to maintainto, at all times, preserve and preserve maintain all its of the Property which is used or useful and necessary in the conduct of its business in good adequate working order and condition(taking into consideration the condition of any such Property in existence on the effective date hereof), ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Halter Marine Group Inc), Revolving Credit Agreement (Superior Energy Services Inc), Revolving Credit Agreement (Halter Marine Group Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall ----------------------- cause each of its Significant Subsidiaries to maintainto, maintain all of its properties and preserve all its Property which is used or useful in its business assets in good condition, repair and working order and conditionorder, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 3 contracts

Samples: Credit Agreement (National Data Corp), Credit Agreement (National Data Corp), Credit Agreement (Global Payments Inc)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries Subsidiary to maintain, and preserve all its Property material property which is used or useful in its business in good working order and condition, 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 and except as permitted under by Section 7.02(b) hereof6.

Appears in 2 contracts

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

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to, keep all property useful and necessary to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, condition (ordinary wear and tear excepted and except as permitted under Section 7.02(bexcepted) hereofin accordance with its past operating practices.

Appears in 2 contracts

Samples: Loan and Security Agreement (Grand Toys International LTD), Loan and Security Agreement (Hooper Holmes Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Designated Subsidiaries to, keep all property useful, necessary and material to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, condition (ordinary wear and tear excepted and except excepted) as permitted under Section 7.02(b) hereofmay be required or appropriate.

Appears in 2 contracts

Samples: Loan and Security Agreement (Chi Energy Inc), Loan and Security Agreement (Chi Energy Inc)

Maintenance of Property. The Borrower shall maintainmaintain and preserve, and shall cause each of its Significant Subsidiaries to maintainmaintain and preserve, and preserve all its Property which is used or useful in its or their business in good working order and condition, 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 and except as permitted under by Section 7.02(b) hereof7.

Appears in 2 contracts

Samples: Credit Agreement (Healthcare Compare Corp/De/), Credit Agreement (Healthcare Compare Corp/De/)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain and preserve all of its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 2 contracts

Samples: Credit Agreement (Credentials Services International Inc), Credit Agreement (Credentials Services International Inc)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Restricted Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and make all necessary repairs thereto and renewals and replacements thereof except as permitted under Section 7.02(b) hereofwhere the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Cinemark Usa Inc /Tx), Credit Agreement (Cinemark Usa Inc /Tx)

Maintenance of Property. The Except as permitted in Section 5.2, each Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property which is material to be used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofshall make all necessary repairs thereto and renewals and replacements thereof.

Appears in 2 contracts

Samples: Term Loan Agreement (Standard Diversified Inc.), Term Loan Agreement (Standard Diversified Opportunities Inc.)

Maintenance of Property. The Such Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain all of its property necessary and preserve all its Property which is used or useful in the conduct of its business business, in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 2 contracts

Samples: Loan and Security Agreement (Phar Mor Inc), Loan and Security Agreement (Strategic Distribution Inc)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and excepted, except as permitted under Section 7.02(b) hereof.by Section

Appears in 1 contract

Samples: Credit Agreement (Vista Eyecare Inc)

Maintenance of Property. The Such Borrower shall maintainshall, and shall cause ----------------------- each of its Significant Subsidiaries to maintainto, and preserve maintain all of its Property which is used or necessary and useful in its business in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Emons Transportation Group Inc)

Maintenance of Property. The Borrower shall maintain, and shall cause ----------------------- each of its Significant Subsidiaries to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and make all necessary repairs thereto and renewals and replacements thereof except as permitted under Section 7.02(b) hereofin any case where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Atmos Energy Corp)

Maintenance of Property. The Borrower shall maintainwill, and shall it will cause each of its Significant Subsidiaries to maintainto, at all times, preserve and preserve maintain all its of the Property which is used or useful and necessary in the conduct of its business in good adequate working order and condition(taking into consideration the condition of any such Property in existence at the time of the Initial Offering), ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Revolving Credit Agreement (Halter Marine Group Inc)

Maintenance of Property. The Borrower Representative shall maintainmaintain and preserve, and shall cause each of its Significant Subsidiaries to maintainmaintain and preserve, and preserve all its Property which is used or useful in its business in good working order and condition, condition (ordinary wear and tear excepted excepted) and except as permitted under Section 7.02(b) hereofmake all necessary repairs thereto and renewals and replacements thereof.

Appears in 1 contract

Samples: Credit Agreement (Multiband Corp)

Maintenance of Property. The Borrower Borrowers shall maintain, and shall cause each of its Significant their Subsidiaries to maintain, and preserve all its Property equipment and facilities which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and make all necessary repairs thereto and renewals and replacements thereof except where, in either case, the failure to do so could not reasonably be expected to have a Material Adverse Effect, except as permitted under by Section 7.02(b) hereof7.

Appears in 1 contract

Samples: Credit Agreement (Schawk Inc)

Maintenance of Property. The Such Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain all of its material property necessary and preserve all its Property which is used or useful in the conduct of its business business, in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Acme Metals Inc /De/)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, maintain and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted excepted, and make all reasonably necessary repairs thereto and renewals and replacements thereof, except as permitted under by Section 7.02(b) hereof5.2.

Appears in 1 contract

Samples: Loan Agreement (Integrated Security Systems Inc)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Principal Subsidiaries and Subsidiaries, respectively, to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Term Credit Agreement (American Mobile Satellite Corp)

Maintenance of Property. The Except as otherwise permitted under Section 9.04(c) or Section 9.04(d), the Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainSubsidiary to, maintain and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Credit Agreement (Lsi Logic Corp)

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Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Restricted Subsidiaries to, keep and maintain all property material to maintainthe conduct of the business of the Borrower and its Restricted Subsidiaries, and preserve all its Property which is used or useful in its business taken as a whole, in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Credit Agreement (Freeport McMoran Sulphur Inc)

Maintenance of Property. The Borrower shall maintain, and shall cause each Subsidiary of its Significant Subsidiaries the Borrower, if any, to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear and casualty events excepted and make all necessary repairs thereto and renewals and replacements thereof except as permitted under Section 7.02(b) hereofwhere the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Uncommitted Credit Agreement (Par Pacific Holdings, Inc.)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each Subsidiaries to, maintain all of its Significant Subsidiaries to maintain, material properties and preserve all its Property which is used or useful in its business assets in good condition, repair and working order and conditionconsistent with past practices, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Credit Agreement (La-Z-Boy Inc)

Maintenance of Property. The Each Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, maintain and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted excepted, and make all reasonably necessary repairs thereto and renewals and replacements thereof, except as permitted under by Section 7.02(b) hereof5.

Appears in 1 contract

Samples: Loan Agreement (Bleach Group, Inc.)

Maintenance of Property. The Borrower shall maintainmaintain and preserve, and shall cause each of its Significant Subsidiaries Subsidiary to maintainmaintain and preserve, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have a Material Adverse Effect or except as permitted under by Section 7.02(b) hereof8.2.

Appears in 1 contract

Samples: Credit Agreement (Sather Trucking Corp)

Maintenance of Property. The Such Borrower shall maintainshall, and shall cause each ----------------------- of its Significant Subsidiaries to maintainto, and preserve maintain all of its Property which is used or necessary and useful in its business in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Emons Transportation Group Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainother Company to, and preserve keep all its Property which is assets used or useful in and necessary to its business in good working order and condition, condition (ordinary wear and tear excepted tear, and except as Dispositions expressly permitted under pursuant to Section 7.02(b8.5 of this Agreement, excepted) hereofin accordance with its past operating practices.

Appears in 1 contract

Samples: Credit Agreement (GAN LTD)

Maintenance of Property. The Borrower shall maintainwill, and shall will cause each the Main Subsidiaries to, keep all property necessary for the business of its Significant Subsidiaries to maintain, and preserve all its Property which is used the Borrower or useful in its business any Main Subsidiary in good working order and conditionorder, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofsubject to the occurrence of casualty events.

Appears in 1 contract

Samples: Loan Agreement (Grana & Montero S.A.A.)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of ----------------------- its Significant Subsidiaries to maintainto, maintain all of its property necessary and preserve all its Property which is used or useful in the conduct of its business business, in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Agribiotech Inc)

Maintenance of Property. The Each Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and excepted, except as permitted under Section 7.02(b) hereof.by Section

Appears in 1 contract

Samples: Loan and Security Agreement (Vista Eyecare Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain all of its property necessary and preserve all its Property which is used or useful in the conduct of its business business, in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofunavoidable casualty excepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Centrum Industries Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, (i) maintain all of its material properties and preserve all its Property which is used or useful in its business assets in good condition, repair and working order and conditionorder, ordinary wear and tear excepted excepted, and except as permitted under Section 7.02(b(ii) hereofmaintain and keep in full force and effect all material rights in respect of Intellectual Property used in the business of the Borrower and its Subsidiaries, free from any material infringement.

Appears in 1 contract

Samples: Credit Agreement (Global Payments Inc)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted excepted, make all necessary repairs thereto and renewals and replacements thereof, and to keep such property free of any Hazardous Materials, except where the failure to do so would not reasonably be expected to result in a Material Adverse Effect, except as permitted under by Section 7.02(b) hereof7.

Appears in 1 contract

Samples: Credit Agreement (Ceridian Corp /De/)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain and preserve all its Property property which is used or useful in in, and material to, its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofshall use the reasonably prudent standard of care typical in the industry in the operation and maintenance of its Oil and Gas Properties.

Appears in 1 contract

Samples: Credit Agreement (Midstates Petroleum Company, Inc.)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, and preserve maintain all of its Property which is used or necessary and useful in its business in good working order operating condition and conditionrepair, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Petroleum Place Inc)

Maintenance of Property. The Borrower shall maintainwill keep, and shall will cause each of its Significant Subsidiaries to maintainkeep, all property useful and preserve all its Property which is used or useful necessary in its business in good working order and condition, ordinary wear and tear excepted and except as permitted under Section 7.02(b) hereofexcepted.

Appears in 1 contract

Samples: Credit Agreement (Louisiana Land & Exploration Co)

Maintenance of Property. The Borrower shall will maintain, and shall will cause each of its Significant Subsidiaries to maintain, and preserve all of its Property which is used or useful in its business in good working order and condition, property (subject to ordinary wear and tear excepted tear), taken as a whole, in operable condition and except as permitted under Section 7.02(b) hereofrepair.

Appears in 1 contract

Samples: Loan Agreement (Edo Corp)

Maintenance of Property. The Borrower shall maintain, and shall cause each of its Significant Subsidiaries to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and make all necessary repairs thereto and renewals and replacements thereof except as permitted under Section 7.02(b) hereofwhere the failure to do so could not reasonably be expected to have a material adverse effect on the Borrower=s business or assets.

Appears in 1 contract

Samples: Loan Agreement (Fields MRS Original Cookies Inc)

Maintenance of Property. The Borrower shall maintainshall, and shall cause each of its Significant the Material Subsidiaries to to, maintain, in all material respects, in good, safe and preserve all its Property which is used or useful in its business in good working order insurable condition and conditionrepair, ordinary wear and tear excepted excepted, all of its respective owned and except as permitted under Section 7.02(b) hereofleased property which is material to the continued operations of the owner or lessee thereof.

Appears in 1 contract

Samples: Credit Agreement (Dyncorp)

Maintenance of Property. The Borrower shall maintain, and shall cause ----------------------- each of its Significant Subsidiaries Subsidiary to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and excepted, except as permitted under by Section 7.02(b) hereof8.

Appears in 1 contract

Samples: Secured Credit Agreement (System Software Associates Inc)

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