Common use of Maintain Assets Clause in Contracts

Maintain Assets. Maintain its properties in good repair, working order, and operating condition. Borrower shall immediately notify Fleet of any event causing material loss in the value of its assets overall.

Appears in 1 contract

Sources: Commercial Loan Agreement (Bolt Technology Corp)

Maintain Assets. Maintain its properties in good repair, working order, and operating condition. Borrower shall immediately notify Fleet of any event causing material loss in the value of its assets overallassets.

Appears in 1 contract

Sources: Commercial Revolving Loan and Security Agreement (Cognitronics Corp)

Maintain Assets. Maintain its properties in good repair, --------------- working order, and operating condition. Borrower shall immediately notify Fleet of any event causing material loss in the value of its assets overallassets.

Appears in 1 contract

Sources: Commercial Revolving Loan and Security Agreement (Bolt Technology Corp)

Maintain Assets. Maintain its properties in good repair, working order, order and operating condition, except for unused or obsolete equipment. The Borrower shall immediately notify Fleet the Lender of any event causing material loss in the value of its assets overallassets.

Appears in 1 contract

Sources: Commercial Revolving Loan and Term Loan Agreement (Pharmaceutical Resources Inc)