Common use of Condition of Tangible Personal Property Clause in Contracts

Condition of Tangible Personal Property. The tangible personal property comprised of the equipment, furniture, and vehicles of the Company, whether leased or owned, is in good operating condition and repair, reasonable wear and tear excepted. No major repair items are anticipated and the standard preventive maintenance operations have been carried out in accordance with the manufacturers’ recommendations.

Appears in 4 contracts

Samples: Share Purchase Agreement (TD Holdings, Inc.), Share Purchase Agreement (Bat Group, Inc.), Share Purchase Agreement (Urban Tea, Inc.)

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Condition of Tangible Personal Property. The tangible personal property comprised of To the equipment, furniture, and vehicles knowledge of the Company, whether leased or owned, the Tangible Personal Property is in good operating condition and repair, reasonable ordinary wear and tear excepted. No major repair items are anticipated The Tangible Personal Property has been constructed and the standard preventive maintenance operations have maintained and has been carried out and is being operated in accordance with all applicable Legal Requirements, Franchises, System Rights and Contracts, except for such noncompliance that, individually or in the manufacturers’ recommendationsaggregate, has not had and would not reasonably be expected to have a Company Material Adverse Effect.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cox Communications Inc /De/), Agreement and Plan of Merger (Tca Cable Tv Inc)

Condition of Tangible Personal Property. The tangible personal property comprised of the equipment, furniture, and vehicles of each of the CompanyCompany and its Subsidiaries, whether leased or owned, is in good operating condition and repair, reasonable wear and tear excepted. No major repair items are anticipated and the standard preventive maintenance operations have been carried out in accordance with the manufacturers’ recommendations.

Appears in 2 contracts

Samples: Share Purchase Agreement (Meiwu Technology Co LTD), Share Purchase Agreement (Meiwu Technology Co LTD)

Condition of Tangible Personal Property. The tangible personal property comprised of the equipment, furniture, and vehicles of each of the CompanyCompany and its Subsidiaries , whether leased or owned, is in good operating condition and repair, reasonable wear and tear excepted. No major repair items are anticipated and the standard preventive maintenance operations have been carried out in accordance with the manufacturers’ recommendations.

Appears in 1 contract

Samples: Share Purchase Agreement (Meiwu Technology Co LTD)

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Condition of Tangible Personal Property. The tangible personal property comprised of comprising the equipment, furniture, and vehicles of the Company, whether leased or owned, is in good operating condition and repair, reasonable wear and tear excepted. No major repair items are anticipated and the standard preventive maintenance operations have been carried out in accordance with the manufacturers’ recommendations.

Appears in 1 contract

Samples: Share Purchase Agreement (Paranovus Entertainment Technology Ltd.)

Condition of Tangible Personal Property. The tangible personal property comprised of comprising the machinery, equipment, furniture, leased equipment and vehicles of the Company, whether leased or owned, Corporation and the Business is in good operating condition and repair, reasonable normal wear and tear excepted. No major repair items are anticipated (except in accordance with standard preventive maintenance) and the standard preventive maintenance operations have been carried out in accordance with the manufacturers' recommendations.

Appears in 1 contract

Samples: Purchase Agreement

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