Maintenance of Tangible Property. Maintain all of Borrower's and its Subsidiaries' tangible property that is material to the conduct of Borrower's or any of its Subsidiaries' businesses in good repair and condition and make all necessary replacements thereof and operate such property in a good and workmanlike manner in accordance with standard industry practices.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Eagle Geophysical Inc), Credit Agreement (Eagle Geophysical Inc), Revolving Credit Agreement (Eagle Geophysical Inc)
Maintenance of Tangible Property. Maintain all of Borrower's and its Subsidiaries' tangible property that is material to the conduct of Borrower's or any of its Subsidiaries' businesses in good repair and condition and make all necessary replacements thereof and operate such property in a good and workmanlike manner in accordance with standard industry practices, unless the failure to do so would not have a material adverse effect on Borrower and its Subsidiaries (taken as a whole) or the value of the Borrowing Base Oil and Gas Properties.
Appears in 2 contracts
Samples: Loan Agreement (Carrizo Oil & Gas Inc), Loan Agreement (Carrizo Oil & Gas Inc)
Maintenance of Tangible Property. Maintain all of Borrower's and its Subsidiaries' tangible property that is material to the conduct of Borrower's or any of its Subsidiaries' businesses business in good repair and condition and make all necessary replacements thereof and operate such property in a good and workmanlike manner in accordance with standard industry practices.
Appears in 1 contract
Samples: Advancing Term Credit Agreement (San Juan Partners LLC)