Common use of Property Maintenance Clause in Contracts

Property Maintenance. Keep their respective properties in good repair, working order, and condition and from time to time make any needful and proper repairs, renewals, replacements, extensions, additions, and improvements thereto so that the business of Borrowers will be conducted at all times in accordance with prudent business management.

Appears in 5 contracts

Samples: Loan Agreement (Summit Hotel Properties, Inc.), Loan Agreement (Summit Hotel Properties, LLC), Loan Agreement (Summit Hotel Properties, LLC)

AutoNDA by SimpleDocs

Property Maintenance. Keep their respective its properties in good repair, working order, and condition and from time to time make any needful and proper repairs, renewals, replacements, extensions, additions, and improvements thereto so that the business of Borrowers Company will be conducted at all times in accordance with prudent business management.

Appears in 2 contracts

Samples: Loan Agreement (ERF Wireless, Inc.), Loan Agreement (Summit Hotel Properties LLC)

Property Maintenance. Keep The Borrowers will keep their respective properties in good repair, working order, and condition and from time to time make any needful and proper repairs, renewals, replacements, extensions, additions, and improvements thereto so that the business of the Borrowers will be conducted at all times in accordance with prudent business management.

Appears in 1 contract

Samples: Construction Loan Agreement (Cardinal Ethanol LLC)

AutoNDA by SimpleDocs

Property Maintenance. Keep their respective its properties in good repair, working order, and condition and from time to time make any needful and proper repairs, renewals, replacements, extensions, additions, and improvements thereto so that the business of Borrowers Company will be conducted at all times in accordance with prudent business management.

Appears in 1 contract

Samples: Loan Agreement (Summit Hotel Properties LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!