Common use of Properties in Good Condition Clause in Contracts

Properties in Good Condition. All the material properties of Borrower are, and all material properties to be added in connection with any contemplated expansion will be in good repair and good working order and condition in a manner consistent with past practices of Borrower, and comparable to industry standards and are and will be in compliance with all Applicable Laws.

Properties in Good Condition. All the material properties of Borrower and Guarantors are, and all material properties to be added in connection with any contemplated expansion will be in good repair and good working order and condition in a manner consistent with past practices of BorrowerBorrower and Guarantors, and comparable to industry standards and are and will be in compliance with all Applicable Laws.