Common use of Equipment and Vehicles Clause in Contracts

Equipment and Vehicles. (a) To Shareholder’s Knowledge, Schedule 4.9(a) contains complete and accurate lists of the following assets owned by the Company as of the date of this Agreement: (i) all Equipment (excluding IT Equipment) having an original purchase price of more than $5,000, and where information is readily ascertainable, identifying each piece of Equipment by manufacturer, description, model number, serial number and location; (ii) all IT Equipment having an original purchase price of more than $1,000, and where information is readily ascertainable, identifying each piece of IT Equipment by manufacturer, description, model number, serial number and location; and (iii) all Vehicles, identifying each Vehicle by make, year, vehicle identification number and location. (b) Except as disclosed on Schedule 4.9(b), to Shareholders’ Knowledge, each piece of Equipment, IT Equipment and Vehicle listed on Schedule 4.9(a) (i) has been maintained in accordance with normal industry practice, (ii) is in good operating condition and repair, except for normal wear and tear, (iii) is free from patent defects other than minor defects that do not interfere with its continued use and (iv) is suitable for the purposes for which it is currently used.

Equipment and Vehicles. (a) To Shareholder’s the Shareholders’ Knowledge, Schedule 4.9(a) contains complete and accurate lists of the following assets owned by the Company as of the date of this Agreement: (i) all Equipment (excluding IT Equipment) having an original purchase price of more than $5,000, and where information is readily ascertainable, identifying each piece of Equipment by manufacturer, description, model number, serial number and location; (ii) all IT Equipment having an original purchase price of more than $1,000, and where information is readily ascertainable, identifying each piece of IT Equipment by manufacturer, description, model number, serial number and location; and (iii) all Vehicles, identifying each Vehicle by make, year, vehicle identification number and location. (b) Except as disclosed on Schedule 4.9(b), to the Shareholders’ Knowledge, each piece of Equipment, IT Equipment and Vehicle listed on Schedule 4.9(a) (i) has been maintained in accordance with normal industry practice, (ii) is in good operating condition and repair, except for normal wear and tear, (iii) is free from patent defects other than minor defects that do not interfere with its continued use and (iv) is suitable for the purposes for which it is currently used.