Common use of Condition of Properties Clause in Contracts

Condition of Properties. The offices and material equipment, inventory and other assets of the Company have been kept in reasonable condition and repair in the ordinary course of business, are reasonably fit and suitable for the purposes for which they are being used and are believed by the Company to conform in all material respects with applicable ordinances, regulations and laws.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Capsource Financial Inc), Securities Purchase Agreement (Capsource Financial Inc), Securities Purchase Agreement (Capsource Financial Inc)

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Condition of Properties. The offices and material plant, offices, equipment, inventory ----------------------- and other assets of the Company have been kept in reasonable good condition and repair in the ordinary course of business, and are reasonably fit and suitable for the purposes for which they are being used and are believed by the Company to conform in all material respects with applicable ordinances, regulations and laws.

Appears in 1 contract

Samples: Note Purchase and Loan Agreement (Trikon Technologies Inc)

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Condition of Properties. The offices and material plant, offices, equipment, inventory and ----------------------- other assets of the Company have been kept in reasonable good condition and repair in the ordinary course of business, and are reasonably fit and suitable for the purposes for which they are being used and are believed by the Company to conform in all material respects with applicable ordinances, regulations and laws.

Appears in 1 contract

Samples: Stock Purchase Agreement (Trikon Technologies Inc)

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