Condition and Sufficiency of Assets. The buildings, plants, structures, and equipment of the Company are structurally sound, in good operating condition and repair, and adequate for the uses to which they are being put, and none of such buildings, plants, structures, or equipment is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 4 contracts
Samples: Merger Agreement (Office Centre Corp), Merger Agreement (Office Centre Corp), Merger Agreement (Office Centre Corp)
Condition and Sufficiency of Assets. The All buildings, plants, structures, improvements and equipment of owned or leased by the Company are structurally sound, are in good operating condition and repair, repair (subject to normal wear and tear) and are adequate for the uses to which they are being put, and none of such buildings, plants, structures, improvements or equipment is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Synagro Technologies Inc), Agreement and Plan of Merger (Synagro Technologies Inc)
Condition and Sufficiency of Assets. The All of the buildings, plants, structures, equipment and equipment other tangible assets and properties (whether real or personal) of the Company that are material to the business of the Company are structurally sound, are in good operating condition and repair, repair and are adequate for the uses to which they currently are being put, and none of such buildings, plants, structures, equipment or equipment is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.other tangible assets and
Appears in 1 contract
Samples: Stock Purchase Agreement (Reliance Steel & Aluminum Co)
Condition and Sufficiency of Assets. The buildings, plants, structures, and equipment of the Company are structurally sound, are in good operating condition and repair, and are adequate for the uses to which they are being put, and none of such buildings, plants, structures, or equipment is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 1 contract
Samples: Stock Purchase Agreement (South Financial Group Inc)
Condition and Sufficiency of Assets. The Except as set forth in Part 3.7 of the Disclosure Letter, the Company's buildings, plants, structures, and equipment of the Company are structurally sound, are in good operating condition and repair, and are adequate for the uses to which they are being put, and none of such buildings, plants, structures, or equipment is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
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Condition and Sufficiency of Assets. The To the knowledge of Sellers, the buildings, plants, structures, and equipment of the Company are are, in all material respects, structurally sound, in good operating condition and repair, and adequate for the uses to which they are being put, and none of such buildings, plants, structures, or equipment is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 1 contract
Condition and Sufficiency of Assets. The All buildings, plants, structures, improvements and equipment of owned or leased by the Company are structurally sound, in good operating condition and repair, repair (subject to normal wear and tear) and adequate for the uses to which they are being put, and none of such the buildings, plants, structures, improvements and equipment owned or equipment leased by the Company is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 1 contract
Samples: Stock Purchase Agreement (Synagro Technologies Inc)
Condition and Sufficiency of Assets. The buildings, plants, structures, structures and equipment of the owned or used by each Company (a) are structurally sound, are in good operating condition and repair, repair and are adequate for the uses to which they are being put, and none of such buildings, plants, structures, or equipment is in ; (b) do not need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost; and (c) are sufficient for the continued conduct of the applicable Company's business after the Closing in substantially the same manner as conducted before the Closing.
Appears in 1 contract
Samples: Merger Agreement (Dakota Telecommunications Group Delaware Inc)
Condition and Sufficiency of Assets. The buildings, plants, structures, Facilities and equipment of other property and assets owned or used by the Company are structurally sound, are in good operating condition and repair, and are adequate for the uses to which they are being put, and none of such buildings, plants, structures, Facilities or equipment other property and assets owned or used by the Company is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
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Condition and Sufficiency of Assets. The buildings, plants, structures, and equipment of the Company Acquired Companies are structurally sound, in good operating condition and repair, and adequate for the uses to which they are being put, and none of such buildings, plants, structures, or equipment is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
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