Condition of the Company Assets. Each of the Company Assets complies with Law and is in good and normal operating condition and repair, structurally sound with no known defects (ordinary wear and tear excepted), and suitable for its intended use.
Appears in 5 contracts
Samples: Purchase Agreement (Hallmark Financial Services Inc), Purchase Agreement (Hallmark Financial Services Inc), Paac Purchase Agreement (Hallmark Financial Services Inc)
Condition of the Company Assets. Each of the Company Assets complies with Law and and, if tangible personal property, is in good and normal operating condition and repair, structurally sound with no known defects (ordinary wear and tear excepted), and suitable for its intended use.
Appears in 1 contract
Samples: Stock Purchase Agreement (Hallmark Financial Services Inc)
