Condition of Assets. The Purchased Assets are in good condition and are adequate for the uses to which they are being put, and none of such Purchased Assets are in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 7 contracts
Samples: Asset Purchase Agreement (Dragonfly Energy Holdings Corp.), Asset Purchase Agreement (CUI Global, Inc.), Asset Purchase Agreement (NewBridge Global Ventures, Inc.)
Condition of Assets. The Purchased Assets are in good condition and are adequate for the uses to which they are being put, and none of such Purchased Assets are is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Fresh2 Group LTD), Asset Purchase Agreement (Splash Beverage Group, Inc.), Asset Purchase Agreement (OMNIQ Corp.)
Condition of Assets. The Purchased Assets are in good serviceable condition and are adequate for the uses to which they are being put, and none of such Purchased Assets are in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 3 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Trans Lux Corp), Asset Purchase Agreement (Trans Lux Corp)
Condition of Assets. The Purchased Assets are in good condition and are adequate for the uses to which they are being put, and none of such Purchased Assets are in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost. The Products are free from defects in design, workmanship and materials and are in conformity with their applicable specifications.
Appears in 1 contract
Samples: Asset Purchase Agreement (Applied Dna Sciences Inc)
Condition of Assets. The Purchased Assets included in the Purchased Assets are in good condition and are adequate for the uses to which they are being put, and none of such Purchased Assets are 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
