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SWY » Topics » 8.4 Maintenance of Properties; Insurance .

This excerpt taken from the SWY 8-K filed Jun 7, 2005.

8.4 Maintenance of Properties; Insurance.

 

Each Borrower shall, and shall cause each of its Subsidiaries to, maintain or cause to be maintained in good repair, working order and condition, ordinary wear and tear excepted, all material properties used or useful in the business of such Borrower and its Subsidiaries and from time to time will make or cause to be made all appropriate repairs, renewals and replacements thereof. Company will, and will cause each Subsidiary to, maintain insurance (including self-insurance) in such amounts and covering such risks as is customarily carried or maintained under similar circumstances by corporations engaged in similar businesses.

 

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