Preservation of Properties. The Borrower will, and will cause each of its Subsidiaries to, at all times (a) maintain, preserve, protect and keep its properties, whether owned or leased, in good operating condition, working order and repair (ordinary wear and tear excepted), and from time to time will make all proper repairs, maintenance, replacements, additions and improvements thereto needed to maintain such properties in good operating condition, working order and repair, and (b) do or cause to be done all things necessary to preserve and to keep in full force and effect its material franchises, leases of real and personal property, trade names, Patents, Trademarks, Copyrights and permits which are necessary for the orderly continuance of its business.
Preservation of Properties. Each Obligor shall (and the Company shall ensure that each of its Material Subsidiaries shall) maintain and preserve all of its properties that are used in the conduct of its business in good working order and condition (ordinary wear and tear excepted).
Preservation of Properties. 30 5.1.7 Line of Business......................................................... 30 5.1.8 Insurance................................................................ 30 5.1.9 Taxes.................................................................... 30 5.1.10 ERISA.................................................................... 31 5.1.11 Notification of Events of Default and Adverse Developments............... 31 5.1.12 Hazardous Materials; Contamination....................................... 32 5.1.13 Disclosure of Significant Transactions................................... 32 5.1.14
Preservation of Properties. Except as otherwise expressly permitted by the provisions of this Agreement, the Borrower will, and will cause each of its Subsidiaries to, at all times (a) maintain, preserve, protect and keep its material properties, whether owned or leased, in good operating condition, working order and repair (ordinary wear and tear excepted), and from time to time will make all proper repairs, maintenance, replacements, additions and improvements thereto needed to maintain such properties in good operating condition, working order and repair, and (b) do or cause to be done all things necessary to preserve and to keep in full force and effect its material franchises, leases of real and personal property, trade names, patents, trademarks and permits which are necessary for the orderly continuance of its business.
Preservation of Properties. Subject to the terms of any applicable leases and limited to the extent of the tenant’s obligations thereunder, Borrowers will, and will cause each of their Subsidiaries to, at all times (a) maintain, preserve, protect and keep its properties, including, but not limited to the Collateral, whether owned or leased, in good operating condition, working order and repair (ordinary wear and tear excepted), and from time to time will make all repairs, maintenance, replacements, additions and improvements thereto necessary to maintain such properties in good operating condition, working order and repair, and (b) do or cause to be done all things necessary to preserve and to keep in full force and effect its material franchises, leases of real and personal property, trade names, Patents, Trademarks, Copyrights and permits which are necessary for the orderly continuance of its business.
Preservation of Properties. 35 5.7 Taxes ........................................................ 35 5.8
Preservation of Properties. Each Obligor shall (and the Parent shall ensure that each of its Material Subsidiaries will):
(a) maintain and preserve all of its properties that are used in the conduct of its business in good working order and condition, ordinary wear and tear excepted; and
(b) maintain, preserve and protect all Intellectual Property and all necessary governmental and third party approvals, franchises, licenses and permits, material to the business of Parent or its Subsidiaries, provided neither paragraph (a) nor paragraph (b) shall prevent the Parent or any of its Subsidiaries from discontinuing the operation and maintenance of any of its properties or allowing to lapse certain approvals, licenses or permits which discontinuance is desirable in the conduct of its business and which discontinuance could not individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
Preservation of Properties. Maintain and keep its properties in good condition, and from time to time make all repairs, renewals and replacements, to the extent reasonably necessary for the conduct of its business.
Preservation of Properties. Maintain and preserve all of their respective properties which are used or which are useful in the conduct of their respective businesses in good working order and condition, ordinary wear and tear excepted.
Preservation of Properties. The Company will at all times keep its properties, and will cause its subsidiary to keep its properties, whether owned in fee or otherwise, or leased, in good operating condition, and from time to time will make, and will cause its subsidiary to make, all proper repairs, renewals, replacements, additions and improvements thereto needed to maintain such properties in good operating condition, will at all times comply with, and will cause its subsidiary to comply with, the provisions of all material leases to which it or its subsidiary is a party or under which it or its subsidiary occupies property so as to prevent any loss or forfeiture thereof or thereunder, and at all times will comply with, and will cause its subsidiary to comply with, all laws, rules, regulations, and orders applicable to the properties or business or any part thereof of it or its subsidiary.
