Maintain and Operate Sample Clauses

The "Maintain and Operate" clause requires a party, typically the owner or operator of equipment, facilities, or property, to keep those assets in good working condition and ensure their ongoing functionality. This obligation often includes performing regular inspections, repairs, and necessary upgrades to prevent deterioration or failure. By clearly assigning responsibility for upkeep, the clause helps prevent disputes over asset condition and ensures that the property or equipment remains safe, reliable, and fit for its intended use throughout the contract term.
Maintain and Operate. The Borrower will diligently maintain, use and operate or will cause to be maintained, used and operated the Property Interest and the Project, in a proper and efficient manner so as to preserve and protect the Property Interest and each of the Properties.

Related to Maintain and Operate

  • Business and Operations Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

  • Application and Operation 5 PART 2 - DISPUTE RESOLUTION AND CONSULTATION 12

  • Management and Operations Promotes the learning and growth of all students and the success of all staff by ensuring a safe, efficient, and effective learning environment, using resources to implement appropriate curriculum, staffing, and scheduling

  • Management and Operation 6.01 Management of Partnership Affairs 16 6.02 Duties and Obligations of General Partner 17 6.03 Release and Indemnification 17 6.04 Power of Attorney 18

  • Delegation and Operation OF TOP–LEVEL DOMAIN; REPRESENTATIONS AND WARRANTIES