Keep in Good Order and Repair Clause Samples

The "Keep in Good Order and Repair" clause requires a tenant or property occupant to maintain the premises in a satisfactory condition throughout the term of the agreement. This typically involves performing routine maintenance, addressing wear and tear, and promptly fixing any damage that occurs, such as repairing broken fixtures or maintaining landscaping. The core function of this clause is to ensure the property remains in a usable and presentable state, thereby protecting the landlord’s investment and preventing deterioration due to neglect.
Keep in Good Order and Repair. The Borrower will keep the Collateral in good repair and condition and stored/parked in a safe place and will: (a) Replace any defective or worn out parts with new parts and any such replacement parts or accessories shall upon attachment become part of the Collateral and subject to security interest created by this Agreement; (b) If any Accession becomes part of the Collateral that Accession may not be removed from the Collateral by the Borrower or any other person other than with the prior written consent of the Creditor; (c) Notify the Creditor in writing of any change in the address of the Borrower or the place where the Collateral is kept; (d) Ensure that at all times the Collateral is used solely for the purposes intended by the manufacturer and having regard to the design capabilities and limitation thereof and in accordance with the manufacturer’s instructions; (e) Not make any alterations to or modify the Collateral without the prior written consent of the Creditor; (f) If the Collateral is required to be repaired, allow the Creditor or its nominee to execute the repairs at the Borrower’s expense (such cost to be fair and reasonable) if the Creditor requires and the Creditor or its nominee shall be entitled to possession of the Collateral for such purpose. The Borrower shall not have or be deemed to have any authority to pledge the Creditor’s credit for any repairs to the Collateral; and (g) Not allow the Collateral to become affixed to any other property or any land.
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Keep in Good Order and Repair. You shall at your own expense keep the Goods/ Property in good order and repair and without any exception free from damage however caused and will (as applicable): (a) Replace any defective or worn out parts with new parts and any such replacement parts or accessories shall upon attachment become part of the Goods/Property and subject to the security interest created by the Agreement; (b) Keep the Goods/Property safely housed when not in use and notify us within 24 hours of any change in location of the Goods/Property; (c) Ensure that at all times the Goods/ Property are used solely for the purposes intended by the manufacturer and having regard to the design capabilities and limitation thereof and in accordance with the manufacturer’s instructions within the rated capacity of the Goods/Property; and (d) Not make any alterations to or modify the Goods/Property without our prior written consent nor allow the Goods/Property to become an accession (other than to other Goods/Property) or become attached to land or buildings in such a way as to become a fixture (other than to the Land).
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Keep in Good Order and Repair. The Purchaser will keep the Vehicle in good repair and condition and stored/parked in a safe place and will: (a) Replace any defective or worn out parts with new parts and any such replacement parts or accessories shall upon attachment become part of the Vehicle and subject to security interest created by this Agreement; (b) Notify the Creditor in writing of any change in the address of the Purchaser or the place where the Vehicle is kept; (c) Ensure that at all times the Vehicle is used solely for the purposes intended by the manufacturer and having regard to the design capabilities and limitation thereof and in accordance with the manufacturer’s instructions; (d) Not make any alterations to or modify the Vehicle without the prior written consent of the Creditor; and (e) If the Vehicle is required to be repaired, allow the Creditor or its nominee to execute the repairs at the Purchaser’s expense (such cost to be fair and reasonable) if the Creditor requires and the Creditor or its nominee shall be entitled to possession of the Vehicle for such purpose. The Purchaser shall not have or be deemed to have any authority to pledge the Creditor’s credit for any repairs to the Vehicle.
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Related to Keep in Good Order and Repair

  • Good Repair The Borrower will, and will cause each of its Subsidiaries to, ensure that its material properties and equipment used or useful in its business in whomsoever's possession they may be, are kept in good repair, working order and condition, normal wear and tear excepted, and that from time to time there are made in such properties and equipment all needful and proper repairs, renewals, replacements, extensions, additions, betterments and improvements, thereto, to the extent and in the manner customary for companies in similar businesses.

  • Alterations and Repairs Lessee shall not make or permit to be made any other alterations, additions, improvements, or changes (collectively, “Alterations”), in the premises, without Lessor’s prior written approval, which approval Lessor may withhold in Lessor’s sole discretion. Subject to the services to be rendered by Lessor as set forth in the Schedule, Lessee shall, at Lessee’s expense, keep the premises generally consistent with the standard maintained by other tenants of premises in the Building during the tenancy. If Lessee does not make repairs promptly and adequately, Lessor may, but need not, make repairs, and Lessee shall pay promptly the reasonable cost thereof. At any time or times, Lessor, either voluntarily or pursuant to governmental requirement, may, at Lessor’s expense, make repairs, alterations, or improvements in or to the Building or any part thereof, including the premises, and, during such operations Lessor may close entrances, doors, corridors, elevators, or other facilities, all without any liability to Lessee or deduction of rent by reason of interference, inconvenience, or annoyance; provided that Lessee shall have access to the premises sufficient for conduct of Lessee’s business. Lessor shall not be liable to Lessee for any expense, injury, loss, or damage resulting from work done in or upon, or the use of, any adjacent or nearby building, land, street, or alley, provided that Lessor makes a reasonable effort to minimize the disruption to Lessee’s business. In the event Lessee requests that repairs, alterations, decorating, or other work in the premises be made during periods other than ordinary business hours, Lessee shall pay Lessor for overtime and other additional expenses incurred because of such request.

  • Transfer and Replacement This Warrant and all rights hereunder are transferable in whole or in part upon the books of the Company by the Holder hereof in person or by duly authorized attorney, and a new Warrant or Warrants, of the same tenor as this Warrant but registered in the name of the transferee or transferees (and in the name of the Holder, if a partial transfer is effected) shall be made and delivered by the Company upon surrender of this Warrant duly endorsed, at the office of the Company in accordance with Section 5.1 hereof. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft or destruction, and, in such case, of indemnity or security reasonably satisfactory to it, and upon surrender of this Warrant if mutilated, the Company will make and deliver a new Warrant of like tenor, in lieu of this Warrant; provided that if the Holder hereof is an instrumentality of a state or local government or an institutional holder or a nominee for such an instrumentality or institutional holder an irrevocable agreement of indemnity by such Holder shall be sufficient for all purposes of this Warrant, and no evidence of loss or theft or destruction shall be necessary. This Warrant shall be promptly cancelled by the Company upon the surrender hereof in connection with any transfer or replacement. Except as otherwise provided above, in the case of the loss, theft or destruction of a Warrant, the Company shall pay all expenses, taxes and other charges payable in connection with any transfer or replacement of this Warrant, other than income taxes and stock transfer taxes (if any) payable in connection with a transfer of this Warrant, which shall be payable by the Holder. Holder will not transfer this Warrant and the rights hereunder except in compliance with federal and state securities laws and except after providing evidence of such compliance reasonably satisfactory to the Company.

  • Repair and Replacement Company shall be responsible to Lessor for reasonable replacement costs, or reasonable repair costs of all Equipment which is lost, stolen, or damaged while in the care, custody and control of Company as a result of Company's sole negligence in accordance with paragraph 2 above, reasonable wear and tear excepted, using the Actual Cash Value of the Equipment at the time of such loss. Prior to repairing the Equipment, Lessor shall submit to Company at least three estimates, including at least one estimate from a repair facility designated by Company. In the event the Equipment is lost or stolen, Company shall file a police report.

  • Maintenance, Alteration and Repair (a) Resident is responsible for and agrees to take good care of the premises, fixtures and all common areas. Resident may not remove any of Owner’s property and will not perform any repairs, upgrades, painting, wallpapering, electric changes or other alterations of the premises without prior written consent from Owner. Resident will be responsible for damage from waste stoppages caused by foreign or improper objects or improper use in lines serving bathrooms, damage to fixtures, appliances, doors, windows, screens, damage from water faucets left on or from doors left open, and repairs or replacements to alarm devices necessitated by misuse or damage by Resident and/or guests. Extraordinary appliances or furnishings such as satellite dishes, hot tubs, pool tables, water beds or high utility- consuming devices may not be installed or placed on the premises or anywhere at the Property without Owner’s prior written consent, in its sole discretion. (b) In the case of a malfunction of any utilities or damage by fire, water or similar cause, or any water leak, suspected mold or microbial growth, electrical problem, broken glass, broken lock or any other condition that Resident reasonably believes poses a hazard to health and safety, Resident must promptly notify Owner in writing. Owner will act with reasonable time and diligence in making repairs and reconnections; Resident may not withhold or reduce payment of rent or other charges during such time. Maintenance and repair requested by Resident will generally be performed between 8am and 8pm, unless the work is considered an emergency, in which case work may take place at any time. Owner may temporarily disconnect equipment or utilities to avoid property damage and/or to perform repairs requiring such interruption, in Owner’s sole discretion. Owner will not be liable for any inconvenience, discomfort, disruption or interference with Resident use of the premises because of ongoing repairs, alterations or improvements to the Property or any apartment. (c) Following move-in, Resident is responsible for providing and changing all light bulbs and batteries (for smoke detectors and remote controls) in the assigned apartment. A written maintenance report requesting assistance in changing these items may be submitted for maintenance staff assistance, with extra charges payable by Resident as applicable per Owner’s published rates. From time to time, maintenance staff may enter the assigned apartment with or without notice to inspect and change furnace filters and to provide pest control.