Equipment and Other Tangible Property. The Companies' equipment, furniture, machinery, vehicles, structures, fixtures and other tangible property related to the Business and included in the Financial Statements or as listed in the Disclosure Schedule shall, as of the Closing Date, be in all material respects suitable for the purposes for which intended and in good operating condition and repair consistent with normal industry standards, except for reasonable and ordinary wear and tear.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Imperial Industries Inc), Asset Purchase Agreement (Imperial Industries Inc)
Equipment and Other Tangible Property. The Companies' Company's equipment, furniture, machinery, vehicles, structures, fixtures and other tangible property related to the Business and included in the Financial Statements or as listed in the Disclosure Schedule shall, as of the Closing Date, be in all material respects suitable for the purposes for which intended and in good operating condition and repair consistent with normal industry standards, except for reasonable and ordinary wear and tear.
Appears in 1 contract
Samples: Merger Agreement (Renex Corp)
Equipment and Other Tangible Property. The CompaniesCompany' equipment, furniture, machinery, vehicles, structures, fixtures and other tangible property related to the Business is and included in the Financial Statements or as listed in the Disclosure Schedule shall, shall be as of the Closing Date, be in all material respects suitable for the purposes for which intended and in good operating condition and repair consistent with normal industry standards, except for reasonable and ordinary wear and tear.
Appears in 1 contract
Samples: Stock Purchase Agreement (Media Communications Group Inc)
