Common use of Condition and Sufficiency of Tangible Assets Clause in Contracts

Condition and Sufficiency of Tangible Assets. To the Knowledge of Seller, the buildings, plants, structures, and equipment of each Company are structurally sound, are in good operating condition and repair, except for ordinary wear and tear, 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. To the Knowledge of Seller, the building, plants, structures, and equipment of each Company are sufficient for the continued conduct of the Business after the Closing in substantially the same manner as conducted prior to the Closing.

Condition and Sufficiency of Tangible Assets. To the Knowledge of Sellerthe Shareholders, the buildings, plants, structures, and equipment of each the Company and its Subsidiaries are structurally sound, are in good operating condition and repair, except for ordinary wear and tear, 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. To the Knowledge of Sellerthe Shareholders, the building, plants, structures, and equipment of each the Company and its Subsidiaries are sufficient for the continued conduct of the Business after the Closing in substantially the same manner as conducted prior to the Closing.

Condition and Sufficiency of Tangible Assets. To the Knowledge of Sellerthe Stockholder, the buildings, plants, structures, and equipment of each the Company are structurally sound, are in good operating condition and repair, except for ordinary wear and tear, 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. To the Knowledge of Sellerthe Stockholder, the building, plants, structures, and equipment of each the Company are sufficient for the continued conduct of the Business after the Closing in substantially the same manner as conducted prior to the Closing.

Condition and Sufficiency of Tangible Assets. To the Knowledge of Sellerthe Sellers and the Shareholders, the buildings, plants, structures, and equipment of each the Company are structurally sound, are in good operating condition and repair, except for ordinary wear and tear, 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. To the Knowledge of Sellerthe Sellers and the Shareholders, the building, plants, structures, and equipment of each the Company are sufficient for the continued conduct of the Business after the Closing in substantially the same manner as conducted prior to the Closing.