Common use of Condition of Assets Clause in Contracts

Condition of Assets. All material tangible personal property used by the Corporation in or in connection with the Business or any part thereof is in good operating condition, repair and proper working order, having regard to its use and age, except only for reasonable wear and tear.

Appears in 4 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement, Share Purchase Agreement

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Condition of Assets. All material tangible personal property used by the Corporation Purchaser in or in connection with the Purchaser Business or any part thereof is in good operating condition, repair and proper working order, having regard to its use and age, except only for reasonable wear and tear.

Appears in 4 contracts

Samples: Share Purchase Agreement (Aralez Pharmaceuticals Inc.), Share Purchase Agreement (Aralez Pharmaceuticals Inc.), Share Purchase Agreement (Aralez Pharmaceuticals Inc.)

Condition of Assets. All material tangible personal property used by included in the Corporation in or in connection with the Business or any part thereof Purchased Assets is in good operating condition, repair and proper working order, having regard to its use and age, except only for reasonable wear and tear.

Appears in 3 contracts

Samples: Asset Purchase Agreement (SunOpta Inc.), Asset Purchase Agreement, Asset Purchase Agreement (SunOpta Inc.)

Condition of Assets. All material tangible personal property used by the Corporation in or in connection with the Business or any part thereof is in good operating condition, repair and proper working order, having regard to its the use and ageage thereof, except only for reasonable wear and tear.

Appears in 2 contracts

Samples: Acquisition Agreement (FOCUS GOLD Corp), Share Purchase Agreement (Gold Bag, Inc.)

Condition of Assets. All material tangible personal property used by included in the Corporation in or in connection with the Business or any part thereof Assets is in good operating condition, repair and proper working order, having regard to its use and age, except only for reasonable wear and tear.

Appears in 1 contract

Samples: Asset Purchase Agreement (Aviat Networks, Inc.)

Condition of Assets. All material tangible personal property used by assets of the Corporation used in or in connection with the Business or any part thereof is are in good operating condition, repair and (where applicable) proper working order, having regard to its the use and ageage thereof, except only for reasonable wear and tear.

Appears in 1 contract

Samples: Share Purchase Agreement (Peace Arch Entertainment Group Inc)

Condition of Assets. All material tangible personal movable property used by the Corporation Company in or in connection with the Business Business, or any part thereof thereof, is in good operating condition, repair condition and proper working orderrepair, having regard to its the use and ageage thereof, except only for and subject to reasonable wear and tear.

Appears in 1 contract

Samples: Share Purchase Agreement (Mamma Com Inc)

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Condition of Assets. All material tangible personal property used by the Corporation Company in or in connection with the Business its business or any part thereof thereof, is and as of the Closing Date will be in good operating condition, repair and proper working order, having regard to its use and age, except only for reasonable wear and tear.

Appears in 1 contract

Samples: Purchase Agreement (MusclePharm Corp)

Condition of Assets. All material tangible personal property assets of the Company used by the Corporation in or in connection with the Business or any part thereof is are in good operating condition, repair and (where applicable) proper working order, having regard to its the use and ageage thereof, except only for reasonable wear and tear.

Appears in 1 contract

Samples: Securities Purchase Agreement (Peace Arch Entertainment Group Inc)

Condition of Assets. All material tangible personal property used by included in the Corporation in or in connection with the Business or any part thereof Purchased Assets is in good operating condition, repair and proper working order, having regard to its use and age, except only for reasonable wear and teartear and where otherwise would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Teamupsport Inc.)

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