Common use of Operation and Maintenance of Equipment Clause in Contracts

Operation and Maintenance of Equipment. To the best knowledge of Borrower, no Person owning or operating any equipment necessary for the operation of the System has used, operated or maintained the same in a manner which now or hereafter could result in the cancellation or termination of the right of Borrower to use or make use of the same or which could result in any material liability of Borrower for damages in connection therewith. To the best knowledge of Borrower, all of the equipment and other tangible personal property owned by Borrower is, in all material respects, in good operating condition and repair (subject to normal wear and tear) and, to the best knowledge of Borrower, has been used, operated and maintained in substantial compliance with all applicable laws, rules and regulations.

Operation and Maintenance of Equipment. To the best knowledge of Borrower, no Person owning or operating any equipment necessary for the operation of the System Borrower's Security Monitoring Business has used, operated or maintained the same in a manner which now or hereafter could result in the cancellation or termination of the right of Borrower any Obligor to use or make use of the same or which could result in any material liability of Borrower any Obligor for damages in connection therewith. To the best knowledge of Borrower, all All of the equipment and other tangible personal property owned by Borrower each Obligor on the Effective Date is, in all material respects, in good operating condition and repair (subject to normal wear and tear) and, and has to the best knowledge of Borrower, has been used, operated and maintained in substantial compliance with all applicable laws, rules and regulations.