Common use of Equipment; Leasehold Clause in Contracts

Equipment; Leasehold. All material items of equipment and other tangible assets owned by or leased to each of the Acquired Corporations are adequate for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the respective Acquired Corporations in the manner in which such business is currently being conducted.

Appears in 2 contracts

Samples: Merger Agreement (Wind River Systems Inc), Merger Agreement (Ebay Inc)

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Equipment; Leasehold. All material items of equipment and other tangible assets owned by or leased to each of the Acquired Corporations Company are adequate for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the respective Acquired Corporations Company's business in the manner in which such business is currently being conducted.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Lightspan Inc)

Equipment; Leasehold. All material items of equipment and other tangible assets owned by or leased to each of the Acquired Corporations are adequate for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the respective Acquired Corporations in the manner in which such business is currently being conducted.they

Appears in 1 contract

Samples: Merger Agreement (Quest Software Inc)

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Equipment; Leasehold. All material items of equipment and other tangible assets property owned by or leased to each of the Acquired Corporations Corporation are adequate for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the respective business of the Acquired Corporations Corporation in the manner in which such business is currently being conducted.

Appears in 1 contract

Samples: Merger Agreement (Blue Martini Software Inc)

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