Common use of Condition; Possession Clause in Contracts

Condition; Possession. All of the tangible assets included in the Purchased Assets (i) are in operating condition, normal wear and tear excepted, and neither require, nor are reasonably expected to require, any special or extraordinary expenditures to remain in such condition beyond maintenance and repairs necessary in the ordinary course of business, (ii) are capable of being used for their intended purpose in connection with the Business, and (iii) are in the possession of Seller and located at the Leased Real Property.

Condition; Possession. All Except as set forth on Schedule 5.7(b), all of the tangible assets included in the Purchased Assets (i) are in good operating condition, normal wear and tear excepted, and to Seller’s Knowledge neither require, nor are reasonably expected to require, any special or extraordinary expenditures to remain in such condition beyond maintenance and repairs necessary in the ordinary course of business, (ii) are capable of being used for their intended purpose in connection with the Business, and (iii) are in the possession of Seller and located at the Leased Real Property.

Condition; Possession. All of the tangible assets included in the Purchased Assets Acquired Assets, (i) are in good operating condition, normal wear and tear excepted, and neither require, nor are reasonably expected to require, any special or extraordinary expenditures to remain in such condition beyond maintenance and repairs necessary in the ordinary course of business, (ii) are capable of being used for their intended purpose in connection with the Business, and (iii) are in the possession of Seller Sellers and located at the Leased Real Property.

Condition; Possession. All of the tangible assets included in the Purchased Assets (i) are in good operating condition, normal wear and tear excepted, and neither require, nor are reasonably expected to require, any special or extraordinary expenditures to remain in such condition beyond maintenance and repairs necessary in the ordinary course of business, (ii) are capable of being used for their intended purpose in connection with the Business, and (iii) are in the possession of Seller and located at the Leased Real Property.