Common use of Condition of Properties and Equipment Clause in Contracts

Condition of Properties and Equipment. The buildings and structures comprise the Real Properties and, to the best of the knowledge of the Corporation and the Shareholder, those comprising the Leased Premises, are free of any structural defect. The heating, ventilating, plumbing, drainage, electrical and air conditioning systems and all other systems used in the Real Properties and the Leased Premises and all machinery, equipment, tools, furniture, furnishings and materials used in the Business are in good working order, fully operational and free of any defect, except for normal wear and tear.

Appears in 1 contract

Samples: Agreement and Plan (Jupiter Global Holdings Corp)

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Condition of Properties and Equipment. The buildings and structures comprise comprising the Real Properties and, to the best of the knowledge of the Corporation Vendor and the Shareholder, those comprising the Leased Premises, are free of any structural defect. The heating, ventilating, plumbing, drainage, electrical and air conditioning systems and all other systems used in the Real Properties and the Leased Premises and all machinery, equipment, tools, furniture, furnishings and materials used in the Business are in good working order, fully operational and free of any defect, except for normal wear and tear.

Appears in 1 contract

Samples: Share Purchase Agreement

Condition of Properties and Equipment. The buildings and structures comprise comprising the Real Properties and, to the best of the knowledge of the Corporation Vendors and the ShareholderCompany, those comprising the Leased Premises, are free of any structural defect. The heating, ventilating, plumbing, drainage, electrical and air conditioning systems and all other systems used in the Real Properties and the Leased Premises and all machinery, equipment, tools, furniture, furnishings and materials used in the Business are in good working order, fully operational and free of any defect, except for normal wear and tear.

Appears in 1 contract

Samples: Share Purchase Agreement (Universe2u Inc)

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Condition of Properties and Equipment. The buildings Each building and structures comprise structure comprising the Real Properties and, to the best of the knowledge of the Corporation Vendor and the Shareholder, those comprising the Leased Premises, are free of any structural defect. The heating, ventilating, plumbing, drainage, electrical and air conditioning systems and all other systems used in the Real Properties and the Leased Premises and all machinery, equipment, tools, furniture, furnishings and materials used in the Business Business, including the Broadband and Computer Equipment, are in good working order, fully operational and free of any defect, except for normal wear and tear.

Appears in 1 contract

Samples: Asset Purchase Agreement (Universe2u Inc)

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