Common use of Operations and Properties Clause in Contracts

Operations and Properties. Borrower will keep in good working order and condition, ordinary wear and tear excepted, all of its assets and properties which are necessary to the conduct of its business.

Appears in 5 contracts

Sources: Credit Agreement (Renegy Holdings, Inc.), Senior Credit Agreement (Simula Inc), Loan Agreement (Bowmar Instrument Corp)

Operations and Properties. Each Borrower will keep in good working order and condition, ordinary wear and tear excepted, all of its assets and properties which are necessary to the conduct of its business.

Appears in 1 contract

Sources: Credit Agreement (Global Entertainment Corp)

Operations and Properties. Borrower will shall keep in good working order and condition, ordinary wear and tear excepted, all of its assets and properties which are necessary to the conduct of its business.

Appears in 1 contract

Sources: Revolving Credit Agreement (Nn Ball & Roller Inc)