Preservation of Assets. maintain and preserve all of its assets in good condition and undertake regular maintenance, except disposal of obsolete assets, in accordance with prudent industry practice or the EPC Contractor’s and Suppliers’ recommendations;
Appears in 5 contracts
Samples: Project Financing Facility Agreement, Project Financing Facility Agreement (Mercer International Inc.), Project Financing Facility Agreement (Mercer International Inc.)
Preservation of Assets. maintain and preserve all of its assets in good condition and undertake regular maintenance, except disposal of obsolete assets, in accordance with prudent industry practice or the EPC respective Contractor’s and Suppliers’ recommendations;
Appears in 2 contracts
Samples: Project Financing Agreement (Mercer International Inc.), Project Financing Agreement (Mercer International Inc.)
Preservation of Assets. maintain and preserve all of its assets in good condition and undertake regular maintenance, except disposal of obsolete assets, in accordance with prudent industry practice or the EPC Contractor’s 's and Suppliers’ ' recommendations;
Appears in 1 contract
Samples: Project Financing Facility Agreement (Mercer International Inc)