Preservation of Assets. Each Obligor shall (and Parent shall ensure that each member of the Group will) maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary in the conduct of its business.
Appears in 5 contracts
Samples: Credit Agreement (CGG), Amendment and Restatement Agreement (CGG), Credit Agreement (CGG Veritas)
Preservation of Assets. Each Obligor shall (and Parent each of them shall ensure that each other member of the Group will) shall, maintain and preserve all of its assets that are necessary and material in the conduct of its business as conducted at the date hereof in good working order and condition (condition, ordinary wear and tear excepted) all of its assets necessary in the conduct of its business.
Appears in 3 contracts
Samples: Rollover Loan Agreement (Freeseas Inc.), Facility Agreement (FreeSeas Inc.), Facility Agreement (FreeSeas Inc.)
Preservation of Assets. Each Obligor shall (and the Parent shall ensure that each member of the Group will) maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary or desirable in the conduct of its business.
Appears in 2 contracts
Samples: Amendment and Restatement Agreement (Genesco Inc), Amendment and Restatement Agreement (Genesco Inc)
Preservation of Assets. Each Obligor shall (and Parent shall ensure that each other member of the Group will) maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary or desirable in the conduct of its business.
Appears in 2 contracts
Samples: Facilities Agreement (Lesaka Technologies Inc), Loan Agreement (Net 1 Ueps Technologies Inc)
Preservation of Assets. Each Obligor shall (and the Parent shall ensure that each member of the Group will) maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary in the conduct of its businessbusiness from time to time.
Appears in 2 contracts
Samples: Revolving Facility Agreement (South Texas Supply Company, Inc.), Revolving Facility Agreement (South Texas Supply Company, Inc.)
Preservation of Assets. Each Obligor shall (and the Parent shall ensure that each other member of the Group will) maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary or desirable in the conduct of its business.
Appears in 1 contract
Preservation of Assets. Each Obligor shall (and the Parent shall ensure that each other member of the Group will) maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary in for the conduct of its business, where failure to do so would has or is reasonably likely to have a Material Adverse Effect.
Appears in 1 contract
Samples: Senior Facilities Agreement (Fintrax US Acquisition Subsidiary, Inc.)
Preservation of Assets. Each Obligor shall (and the Parent shall ensure that each other member of the Group will) ), in each case, subject to any transactions permitted hereunder, maintain in all material respects in good working order and condition (ordinary wear and tear excepted) all of its assets necessary in the conduct of its business.
Appears in 1 contract
Samples: Secured Facility Agreement (Amkor Technology, Inc.)
Preservation of Assets. Each Obligor shall (and Parent shall ensure that each member of the Group Member will) maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary or desirable in the conduct of its business.
Appears in 1 contract
Samples: Facilities Agreement (3SBio Inc.)
Preservation of Assets. Each Obligor shall (and the Parent shall ensure that each member of the Secured Group will) maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary or desirable in the conduct of its business.
Appears in 1 contract
Preservation of Assets. Each Obligor shall (and the Parent shall ensure that each member of the Restricted Group will) maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary in the conduct of its businessbusiness where failure to do so would reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Senior Secured Note Purchase Agreement (Encore Capital Group Inc)
Preservation of Assets. Each Obligor shall (and the Parent shall ensure that each member of the Group will) maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary or desirable in the conduct of its businessbusiness where failure to so do is, or is reasonably likely to have a Material Adverse Effect.
Appears in 1 contract
Samples: Amendment and Restatement Agreement (Sunrise Senior Living Inc)
Preservation of Assets. Each Obligor shall (and Parent each Obligor shall ensure that each other member of the Group will) maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary or desirable in the conduct of its business.
Appears in 1 contract
Samples: Term Loan Facility Agreement (KNOT Offshore Partners LP)
Preservation of Assets. Each Obligor shall (and the Parent shall ensure that each member of the Group will):
(a) maintain in good working order and condition (ordinary wear and tear excepted) or have the right to use all of its assets necessary in the conduct of its business; and
(b) save as otherwise permitted by this Agreement, maintain a good, valid and marketable title to the assets necessary to carry on its business as presently conducted, in each case where failure to do so has or is reasonably likely to have a Material Adverse Effect.
Appears in 1 contract
