Preserve Collateral Sample Clauses

Preserve Collateral. Preserve, protect and maintain the Collateral and make such replacements thereof and repairs and additions thereto as the Secured Party may deem advisable; and

Preserve Collateral. The Company shall maintain the Collateral in good and saleable condition, repair it as necessary and otherwise deal with the Collateral in all such ways as are considered good practice by owners of like property, use it lawfully and only as permitted by insurance policies, and permit Secured Parties to inspect the Collateral at any reasonable time.

Preserve Collateral. The Debtor shall obtain, observe and perform all its obligations under leases, licenses and agreements, preserve its rights, powers, licenses, privileges, franchises and goodwill, and comply with all applicable laws, rules and regulations in a proper and efficient manner so as to preserve and protect the Collateral, the Security Interests created by this Agreement and the business and undertaking of the Debtor in the ordinary course of the Debtor's business. The Debtor shall duly pay all taxes, rates, levies and assessments of every nature which may be lawfully levied, assessed or imposed against or in respect of the Debtor or the Collateral as and when the same become due and payable unless such taxes, rates, levies or assessments are contested in good faith by the Debtor. The Debtor shall also take all reasonable precautions to prevent loss or theft of the Collateral, including anti-theft and security systems.

Preserve Collateral. In the event any material claim is asserted in writing in respect of title to any Collateral or Collateral Agent’s Lien on such Collateral (other than with respect to Permitted Liens), the applicable Loan Party shall appear in and defend any such action or proceeding at Borrower’s reasonable expense.

Preserve Collateral. Borrower shall: (a) keep the Collateral in good repair, -------------------- working order and condition; (b) from timetotime make all necessary and proper

Preserve Collateral. The Borrower shall: (a) keep the Collateral in good repair, working order and condition; (b) operate its business in compliance with all applicable laws, statutes, ordinances, rules and regulations; (c) not waste or destroy the Collateral; (d) defend the Collateral against the claims and demands of all other parties; (e) permit the Agent or the Lenders or their representatives or designee to inspect the Collateral at all times upon prior notice to the Borrower; and (f) prevent the Collateral or any part thereof from being or becoming an accession to other goods not covered by a security interest in favor of the Agent created by the Loan Documents or from being or becoming a fixture.

Preserve Collateral. Borrower shall do or cause to be done all things necessary to preserve, protect, maintain, replace and repair the Collateral and keep the same in good condition, ordinary wear and tear excepted.

Preserve Collateral. The Purchasers shall preserve, maintain and protect the security provided for in this Agreement and in the agreements executed in connection herewith and shall defend the rights and interests of the Lender in the Collateral against the claims and demands of all persons.