Common use of Certain Personal Property Clause in Contracts

Certain Personal Property. The Selling Entities have delivered to CTB a complete fixed asset schedule, describing and specifying the location of all items of tangible personal property that are included in the Balance Sheet. Except as listed on Schedule 4.7, since the Balance Sheet Date, no Selling Entity has (a) acquired any items of tangible personal property that has, in any case, a carrying value in excess of $10,000, or an aggregate carrying value in excess of $25,000 or (b) disposed of (other than in the ordinary course of business) any items of tangible personal property (other than Inventory) that have, in any case, an initial carrying value in excess of $10,000, or an initial aggregate carrying value in excess of $25,000.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Bouncebacktechnologies Com Inc), Asset Purchase Agreement (On Stage Entertainment Inc), Asset Purchase Agreement (Bouncebacktechnologies Com Inc)

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Certain Personal Property. The Selling Entities have delivered to CTB On Stage a complete fixed asset schedule, describing and specifying the location of all items of tangible personal property that are included in the Interim Balance Sheet. Except as listed on Schedule 4.7, since the Interim Balance Sheet Date, no Selling Entity has (a) acquired any items of tangible personal property that has, in any case, a carrying value in excess of $10,000, or an aggregate carrying value in excess of $25,000 or (b) disposed of (other than in the ordinary course of business) any items of tangible personal property (other than Inventory) that have, in any case, an initial carrying value in excess of $10,000, or an initial aggregate carrying value in excess of $25,000.

Appears in 1 contract

Samples: Asset Purchase Agreement (On Stage Entertainment Inc)

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