Common use of Condition of Tangible Assets Clause in Contracts

Condition of Tangible Assets. The buildings, structures, vehicles, equipment, technology and communications hardware and other tangible personal property owned or leased by the Company or its Subsidiaries are structurally sound, in good operating condition and repair having regard to their use and age and are adequate and suitable for the uses to which they are being put. None of such buildings, structures, vehicles, equipment or other property are in need of maintenance or repairs except for routine maintenance and repairs in the ordinary course that are not material in nature or cost.

Appears in 6 contracts

Samples: Agency Agreement, Underwriting Agreement, Underwriting Agreement

AutoNDA by SimpleDocs

Condition of Tangible Assets. The buildings, structures, vehicles, equipment, technology and communications hardware and other tangible personal property owned or leased by the Company or its Subsidiaries and Partnerships are structurally sound, in good operating condition and repair having regard to their use and age and are adequate and suitable for the uses to which they are being put. None of such buildings, structures, vehicles, equipment or other property are in need of maintenance or repairs except for routine maintenance and repairs in the ordinary course that are not material in nature or cost.

Appears in 4 contracts

Samples: Equity Distribution Agreement (High Tide Inc.), Equity Distribution Agreement (High Tide Inc.), Underwriting Agreement (High Tide Inc.)

Condition of Tangible Assets. The buildings, plants, structures, vehicles, equipment, technology and communications hardware and other tangible personal property owned or leased by of the Company or its Subsidiaries (including the Buildings and Fixtures) are structurally sound, in good operating condition and repair having regard to their use and age and are adequate and suitable for the uses to which they are being put. None of such buildings, structures, vehicles, equipment or other property are in need of maintenance or repairs except for routine maintenance and repairs in the ordinary course that are not material in nature or cost.

Appears in 2 contracts

Samples: Arrangement Agreement, Arrangement Agreement (Hillman Companies Inc)

Condition of Tangible Assets. The All buildings, plants, leasehold improvements, structures, vehiclesfacilities, equipment, technology and communications hardware equipment and other items of tangible personal property owned and assets which are owned, leased or leased used by the Company or any of its Subsidiaries are structurally sound, are in good operating condition and repair having regard (subject to their normal wear and tear given the use and age and are adequate and suitable for the uses to which they are being put. None of such buildingsassets), structures, vehicles, equipment or other property are in need of maintenance or repairs except for routine maintenance and repairs usable in the regular and ordinary course that are not of business and conform in all material in nature or costrespects to all Laws and Authorizations relating to their construction, use and operation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Jag Media Holdings Inc)

Condition of Tangible Assets. The buildings, plants, structures, vehicles, equipment, technology and communications hardware equipment and other tangible personal property owned or leased by either of the Company or its Subsidiaries Corporations are structurally sound, in good operating condition and repair having regard to their use and age and are adequate and suitable for the uses to which they are being put. None of such buildings, plants, structures, vehicles, equipment or other property are in need of maintenance or repairs repairs, except for ordinary routine maintenance and repairs in the ordinary course that are not material in nature or cost, and except for machinery and equipment safety changes set out in the Workers Compensation Board report Number 2001128680233.

Appears in 1 contract

Samples: Group Share Purchase Agreement (Simpson Manufacturing Co Inc /Ca/)

AutoNDA by SimpleDocs

Condition of Tangible Assets. The buildings, plants, structures, vehicles, equipment, technology and communications hardware and other tangible personal property owned or leased by of the Company or and its Subsidiaries are structurally sound, in good operating condition and repair having regard to their use and age and are adequate and suitable for the uses to which they are being put. None of such buildings, plants, structures, vehicles, equipment or other property are in need of maintenance or repairs except for routine maintenance and repairs in the ordinary course Ordinary Course of Business that are not material in nature or cost.

Appears in 1 contract

Samples: V Purchase Agreement (Atlas Industries Holdings LLC)

Condition of Tangible Assets. The buildings, plants, structures, vehicles, equipment, technology and communications hardware and other tangible personal property owned or leased by of the Company or its Subsidiaries are structurally sound, in good operating condition and repair having regard to their use and age and are adequate and suitable for the uses to which they are being put. None of such buildings, plants, structures, vehicles, equipment or other property are in need of maintenance or repairs except for routine maintenance and repairs in the ordinary course Ordinary Course that are not material in nature or cost.

Appears in 1 contract

Samples: Arrangement Agreement (Pni Digital Media Inc)

Condition of Tangible Assets. The buildings, structures, vehicles, equipment, technology and communications hardware and other tangible personal property owned or leased by (including the Company or its Subsidiaries buildings and fixtures) which comprise the Purchased Assets are structurally sound, in good operating condition and repair having regard to their use and age and are adequate and suitable for the uses to which they are being put. None of such buildings, structures, vehicles, equipment or other property are in need of maintenance or repairs except for routine maintenance and repairs in the ordinary course Ordinary Course that are not material in nature or cost. Contracts.

Appears in 1 contract

Samples: Asset Purchase Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.