Common use of Preservation of Assets Clause in Contracts

Preservation of Assets. The Borrower shall 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 as at the date of this Agreement.

Appears in 2 contracts

Samples: Loan Agreement (NeoGames S.A.), Loan Agreement (NeoGames S.A.)

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Preservation of Assets. The Borrower shall maintain in good working order and condition (ordinary wear and tear excepted) preserve all of its assets that are necessary or desirable in for the conduct of its business business, as conducted at the date of this Agreement, in good working order and condition, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Secured Revolving Facility Agreement (Klondex Mines LTD)

Preservation of Assets. The Borrower shall maintain in good working order and condition (ordinary wear and tear excepted) the Property and all of its other material assets necessary or desirable in the conduct of its business as at the date of this Agreementbusiness.

Appears in 1 contract

Samples: Term Facility Agreement (Century Aluminum Co)

Preservation of Assets. The Each Borrower shall 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 as at the date of this Agreementbusiness.

Appears in 1 contract

Samples: Facilities Agreement (Central European Distribution Corp)

Preservation of Assets. The Borrower shall maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary or desirable in for the conduct of its business as at the date of this Agreementfrom time to time.

Appears in 1 contract

Samples: Facility Agreement (Atmel Corp)

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Preservation of Assets. The Borrower shall maintain in good working order and condition (ordinary wear and tear excepted) preserve all of its assets that are necessary or desirable desirable, in the opinion of the Security Agent, for the conduct of its business business, as conducted at the date of this Agreement, in good working order and condition, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Bridge Facility Agreement (Visteon Corp)

Preservation of Assets. The Borrower shall maintain in good working order and condition (ordinary wear and tear excepted) the Property and all of its other material assets necessary or desirable in the conduct of its business as at the date of this Agreement.business. Insurance

Appears in 1 contract

Samples: Term Facility Agreement (Century Aluminum Co)

Preservation of Assets. The Borrower shall maintain and preserve all of its assets that are reasonably necessary or desirable, for the conduct of its business, in good working order and condition (condition, ordinary wear and tear excepted) all of its assets necessary or desirable in the conduct of its business as at the date of this Agreement.

Appears in 1 contract

Samples: Senior Facilities Agreement (Net 1 Ueps Technologies Inc)

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