Condition of Fixed Assets. All of the fixtures, structures and equipment reflected in the Financial Statements and used by the Company in its business, are in good condition and repair, subject to normal wear and tear, and conform in all material respects with all applicable ordinances, regulations and other laws, and the Company has no actual knowledge of any latent defects therein.
Condition of Fixed Assets. All of the Fixed Assets set forth on Schedule 1.2 are in good operating condition, in a state of good maintenance and repair, and are adequate and suitable for the purposes which are presently being used. All appropriate repair and maintenance of the Fixed Assets has been performed on a current basis and in accordance with generally accepted industry standards. Except as set forth on Schedule 5.4 attached hereto, none of the Fixed Assets are in need of any repairs which are outside the ordinary course of maintenance and repairs routinely performed by Seller in the past, and no currently needed repairs are reasonably likely to cost, either singularly or in the aggregate with respect to all Fixed Assets, in excess of Five Thousand Dollars ($5,000).
Condition of Fixed Assets. All of the structures and equipment reflected in the Financial Statements and used by the Company in its business are in good condition and repair, subject to normal wear and tear, and conform in all material respects with all applicable ordinances, regulations and other laws, and the Company has no actual knowledge of any latent defects therein.
Condition of Fixed Assets. All of the plants, structures and equipment (the "Fixed Assets") used by the Company in its business are in good condition and repair, subject to normal wear and tear, and conform in all material respects with all applicable ordinances, regulations and other laws, and the Company and the Owners have no actual knowledge of any material latent defects therein.
Condition of Fixed Assets. All of the plants, structures and equipment (the "Fixed Assets") owned by the Company are in good condition and repair for their intended use in the ordinary course of business and conform in all material respects with all applicable ordinances, regulations and other laws and there are no known latent defects therein.
Condition of Fixed Assets. All of the plants, structures and equipment included in the Assets are in good condition and repair for their intended use in the ordinary course of business and conform in all material respects with all applicable ordinances, regulations and other laws and there are no known latent defects therein.
Condition of Fixed Assets. All Fixed Assets conveyed hereunder are in good and operable condition, normal wear and tear excepted.
Condition of Fixed Assets. All of the equipment owned by the Company and the Subsidiaries is in good condition and repair for its intended use, normal wear and tear and normal obsolescence excepted, in the ordinary course of business and conforms in all material respects with all applicable ordinances, regulations and other laws and there are no known defects therein.
Condition of Fixed Assets. All of the plants, structures and equipment (the "Fixed Assets") owned by Target are in good condition and repair, ordinary wear and tear excepted, for their intended use in the ordinary course of business, (provided, however, that such representations and warranties are intended to describe the condition of such property in general, and not to warrant the condition of each and every item of such property) and conform in all material respects with all applicable ordinances, regulations and other laws and there are no known latent defects therein.
Condition of Fixed Assets. All of the Fixed Assets owned or --------------------------- leased by DigiTar are in good condition and repair, ordinary wear and tear excepted, and are fit for their intended use in the ordinary course of business.
