Condition of the Companies. Operation of Business in the Ordinary Course. All of the material equipment, buildings and other assets of each of the Companies used in connection with the operation of its businesses are in good, workmanlike condition and fit for use for its intended purpose, ordinary wear and tear excepted.
Appears in 3 contracts
Samples: Preferred Stock Purchase Agreement (Velocom Inc), Supplemental Series B Preferred Stock Purchase Agreement (Velocom Inc), Series B Preferred Stock Purchase Agreement (Velocom Inc)
Condition of the Companies. Operation of Business in the Ordinary Course. All of the material equipment, buildings and other assets of each of the Companies used in connection with the operation of its businesses are in good, workmanlike condition and fit for use for its their intended purposepurposes, ordinary wear and tear excepted.
Appears in 1 contract
Samples: Series C Preferred Stock Purchase Agreement (Velocom Inc)
