Condition of Leased Real Property. To the Company's knowledge, (i) there are no material defects in the physical condition of any of the Leased Real Property and (ii) all such Leased Real Property is in good operating condition and repair and has been well maintained.
Condition of Leased Real Property. Except as set forth in Schedule 3.6(a) or 3.23, to the knowledge of Lexecon, (1) there are no material defects in the physical condition of any of the Leased Real Property and (2) all such Leased Real Property is in good operating condition and repair (ordinary wear and tear excepted).
Condition of Leased Real Property. The buildings, improvements and fixtures located on the Leased Real Property and leased by an Acquired Company under Real Property Leases are adequate and suitable for the purposes for which they are presently being used by such Acquired Company. With respect to Leased Real Property (i) leased under a lease which is not an Existing 24 Related Party Lease, to the Knowledge of the Partners, and (ii) leased under an Existing Related Party Lease, there are no condemnation, expropriation, eminent domain or similar proceedings pending (or, with respect to all Leased Real Property, to the Knowledge of the Partners, threatened or contemplated) that affect any of the Leased Real Property, any part thereof or any improvements thereon. None of Acquired Companies or the Partners have received any notice, written or oral, of the intention of any Governmental Entity or other Person to take by condemnation, expropriation or eminent domain all or any part of any of the Leased Real Property. Neither the whole nor any material portion of any Leased Real Property is currently damaged or destroyed by fire or other casualty.
Condition of Leased Real Property. Except as set forth in Schedule 2.6(a), to the knowledge of the Company and the Members (1) there are no material defects in the physical condition of any portion of the Leased Real Property and (2) all such Leased Real Property is in good operating condition and repair, has been well maintained.
Condition of Leased Real Property. To the Knowledge of the Seller, except as set forth in Section 3(o) of the Seller Disclosure Schedule, there are no material defects in the physical condition of any land, buildings or improvements constituting part of the Leased Real Property, including without limitation, structural elements, mechanical systems, parking and loading areas, and all such buildings and improvements are in good operating condition and repair, have been well maintained and are free from infestation by rodents or insects. To the Knowledge of the Seller, none of the Leased Real Property is located in an area designated by any governmental authority as being within a flood plain or subject to special flood or other hazards. To the Knowledge of the Seller, access to the Leased Real Property is by a public way or public street. To the Knowledge of the Seller, all water, sewer, gas, electric, telephone, drainage and other utilities required by law or necessary for the current or planned operation of the Leased Real Property have been connected under valid permits and pursuant to valid easements where required, and are sufficient to service the Leased Real Property and in good operating condition.
Condition of Leased Real Property. To the knowledge of the Stockholders, all Leased Real Property (including the improvements located thereon) is in good operating condition and repair, including, without limitation, all equipment, electrical, plumbing, sewerage and other facilities and utility systems, consistent with its present use and has full legal and practical access to public roads or streets and has all utilities and services necessary for the proper and lawful conduct and operation of the business of the Company or Subsidiary as presently utilized. To the knowledge of the Stockholders, all Leased Real Property and the use thereof for the business of the Company or Subsidiaries conform in all material respects to all applicable Federal, state and local laws, ordinances and regulations, including, without limitation, building and zoning laws, OSHA regulations and the Americans with Disabilities Act, and neither the Company nor the Stockholders have received any notice from any governmental authority or any insurance rating bureau that any of the Leased Real Property or the use thereof for the business of the Company or Subsidiaries do not so conform.
Condition of Leased Real Property. To the Knowledge of InnerAccess, there are no material defects in the physical condition of any portion of the Leased Real Property and all such Leased Real Property is in good operating condition and repair (reasonable wear and tear excepted) and are adequate to the uses to which they are being put and for which they are planned to be put.
Condition of Leased Real Property. (i) The Leased Real Property and Sellers’ current occupancy and use thereof does not violate in any material respect any applicable Law, Governmental Order, Permit or Lien, and neither Seller has received any notices of any violation of Law, Governmental Order, Permit or Lien.
(ii) Neither Seller has assigned or subleased any Lease or any part, portion or interest in the Leased Real Property, and there are no third parties in possession of all or any portion of the Leased Real Property that are not entitled thereto.
(iii) The Leased Real Property (A) is now and will be at the time of Closing in good operating order and condition and repair, except for normal wear and tear, and (B) is supplied with reliable and adequate utilities and other services (both in quantity and quality) necessary for the current occupancy and use of thereof.
(iv) The Leased Real Property either (A) is freely accessible directly from public streets, or (B) uses adjoining private land to access the same in accordance with valid, permanent, irrevocable and appurtenant easements benefiting such land. There is no condition that would result in the termination or impairment of such access, and such access is sufficient for the operation of the Business as currently conducted.
(v) Neither Seller owes nor will owe in the future any brokerage commissions or finders’ fees with respect to the Leased Real Property.
(vi) There is no condemnation, expropriation, eminent domain proceeding or any other legal proceeding of any kind pending or, to the Knowledge of Sellers, threatened against any of the Leased Real Property, or any portion thereof.
Condition of Leased Real Property. None of the Leased Real Property is located in an area designated by any Governmental Body (having jurisdiction with respect to the subject matter) as being within a flood plain or subject to special flood or other hazards. Access to the Leased Real Property is by a public way or public street. Except as set forth in Part 3.6(a) of the Disclosure Letter, all water, sewer, gas, electric, telephone, drainage and other utilities required by law or necessary for the current operations of the Company on the Leased Real Property have been connected under valid permits and pursuant to valid easements where required, and are sufficient to service the Leased Real Property in all material respects and in good operating condition.
Condition of Leased Real Property. To Seller's best knowledge, except as set forth on Schedule 4.11 attached hereto, there are no structural or nonstructural defects in any of the buildings or other improvements situated on the Leased Real Property and all building systems, structures, fixtures and improvements, owned, leased or used by Seller are in all material respects in good condition and working order (reasonable wear and tear excepted) and are adequate in quality and quantity for the normal operation of the Business as presently conducted. Seller and the Shareholders have no notice or knowledge of any capital expenditures required on the Leased Real Property (excluding normal repairs made consistently with past practice and which are required to be expensed for federal income tax purposes) in the 12 months following the Closing Date in an amount exceeding $25,000 in the aggregate, nor are any such expenditures planned.
