Common use of Condition of Tangible Assets Clause in Contracts

Condition of Tangible Assets. All buildings, structures, facilities, equipment and other material items of tangible property and assets included in the Assets are in good operating condition and repair, subject to normal wear and maintenance, are usable in the regular and ordinary course of business and conform to all applicable laws, ordinances, codes, rules and regulations relating to their construction, use and operation.

Appears in 6 contracts

Samples: Asset Purchase Agreement (Vision Twenty One Inc), Asset Purchase Agreement (Vision Twenty One Inc), Asset Purchase Agreement (Vision Twenty One Inc)

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Condition of Tangible Assets. All buildings, plants, leasehold improvements, structures, facilities, equipment and other material items of tangible property and assets included in which are owned, leased or used by the Assets Company or any of its Subsidiaries are structurally sound, are in good operating condition and repair, repair (subject to normal wear and maintenancetear given the use and age of such assets), are usable in the regular and ordinary course of business and conform to all applicable laws, ordinances, codes, rules Laws and regulations Authorizations relating to their construction, use and operation.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (International Microcomputer Software Inc /Ca/), Agreement and Plan of Merger (International Microcomputer Software Inc /Ca/), Agreement and Plan of Merger (International Microcomputer Software Inc /Ca/)

Condition of Tangible Assets. All The buildings, plants, structures, facilitiesfurniture, equipment fixtures, machinery, equipment, vehicles and other material items of tangible personal property and assets of the Company included in the Assets Assets, are in good operating condition and repair, subject and are adequate for the uses to normal wear which they are being put, and maintenancenone of such buildings, plants, structures, furniture, fixtures, machinery, equipment, vehicles and other items of tangible personal property is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are usable not material in the regular and ordinary course of business and conform to all applicable laws, ordinances, codes, rules and regulations relating to their construction, use and operationnature or cost.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Eloxx Pharmaceuticals, Inc.), Agreement and Plan of Merger (Abeona Therapeutics Inc.), Agreement and Plan of Merger (Abeona Therapeutics Inc.)

Condition of Tangible Assets. All buildings, structures, facilities, equipment and other material items of tangible property and assets included in the Tangible Assets or any of them are in good operating condition and in good condition of maintenance and repair, subject to normal ordinary wear and maintenancetear excepted, are usable in the regular and ordinary course of business and conform to all applicable laws, ordinances, codesrules, rules regulations and regulations relating to their constructiontechnical standards and all applicable building, use zoning laws and operationother Laws.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Integrated Management Information, Inc.), Asset Purchase Agreement (Integrated Management Information, Inc.)

Condition of Tangible Assets. All buildings, plants, leasehold improvements, structures, facilities, equipment and other material items of tangible property and assets included in which are owned, leased or used by the Assets Company or any of its Subsidiaries are structurally sound, are in good operating condition and repair, repair (subject to normal wear and maintenancetear given the use and age of such assets), are usable in the regular and ordinary course of business and conform in all material respects to all applicable laws, ordinances, codes, rules Laws and regulations Authorizations relating to their construction, use and operation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cytogen Corp), Agreement and Plan of Merger (EUSA Pharma Inc)

Condition of Tangible Assets. All buildings, plants, leasehold improvements, structures, facilities, equipment and other material items of tangible property and assets included in the Assets which are owned, leased or used by MTC or any of its Subsidiaries are in good operating condition and repair, repair (subject to normal wear and maintenancetear given the use and age of such assets), are usable in the regular and ordinary course of business and conform in all material respects to all applicable laws, ordinances, codes, rules Laws and regulations Authorizations relating to their construction, use and operation.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Baldwin Technology Co Inc), Stock Purchase Agreement (Baldwin Technology Co Inc)

Condition of Tangible Assets. All buildings, structures, facilities, equipment and other material items of tangible property and assets included in the Assets are in good operating condition and repair, subject to normal wear and maintenance, are usable in the regular and ordinary course of business and, to the best of Seller's and Fendrich's knowledge after reasonable investigation, conform to all applicable laws, ordinances, codes, rules and regulations relating to their construction, use and operation.

Appears in 1 contract

Samples: Asset Purchase Agreement (Coast Dental Services Inc)

Condition of Tangible Assets. All buildings, structures, facilities, equipment and other material items of tangible personal property and assets included in the Purchased Assets are in good operating condition and repair, subject to normal ordinary wear and maintenancemaintenance requirements, are usable in the regular and ordinary course of business as currently conducted and conform conform, in all material respects, to all applicable laws, ordinances, codes, rules laws and regulations relating to their construction, use and operation.

Appears in 1 contract

Samples: Asset Purchase Agreement (Powersecure International, Inc.)

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Condition of Tangible Assets. All To the Knowledge of Sellers, all buildings, structures, facilitiesFacilities, equipment and other material items of tangible property and assets that are included in the Acquired Assets are in good operating condition and repair, subject to normal wear and maintenance, are usable in the regular and ordinary course of business and conform to all applicable laws, ordinances, codes, rules and regulations relating to their construction, use and operation.

Appears in 1 contract

Samples: Asset Purchase Agreement (Omnicare Inc)

Condition of Tangible Assets. All buildings, structures, facilities, equipment Equipment and other material items ------------------------------ of tangible property and assets included in the Purchased Assets are in good operating condition and repair, repair subject to normal wear and maintenance, maintenance are usable in the regular and ordinary course of business and conform to all applicable laws, ordinances, codes, and rules and regulations relating to their construction, use and operationregulations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Syndication Net Com Inc)

Condition of Tangible Assets. All materials, buildings, plants, leasehold improvements, structures, facilities, equipment and other material items of tangible property and assets included in the Assets which are owned, leased or used by any Acquired Company are in good operating condition and repair, repair (subject to normal wear and maintenancetear given the use and age of such assets), and are usable in the regular and ordinary course of business and conform to all applicable laws, ordinances, codes, rules and regulations relating to their construction, use and operationbusiness.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Valeant Pharmaceuticals International)

Condition of Tangible Assets. All buildings, plants, leasehold improvements, structures, facilities, equipment and other material items of tangible property and assets included in which are owned, leased or used by the Assets Acquired Companies are in good operating condition and repair, repair (subject to normal wear and maintenancetear given the use and age of such assets), are usable in the regular and ordinary course of business and conform to all applicable laws, ordinances, codes, rules Laws and regulations Authorizations relating to their construction, use and operation.

Appears in 1 contract

Samples: Stock Purchase Agreement (Quixote Corp)

Condition of Tangible Assets. All buildings, structures, facilities, equipment and other material items of tangible property and assets included in the Assets are in good operating condition and repair, subject to normal wear and maintenance, are usable in the regular and ordinary course of business and conform in all material respects to all applicable laws, ordinances, codes, rules and regulations relating to their construction, use and operation.

Appears in 1 contract

Samples: Asset Purchase Agreement (Vision Twenty One Inc)

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