Common use of Leased Improvements and Fixtures Clause in Contracts

Leased Improvements and Fixtures. The Leased Improvements are (i) structurally sound with no known defects; (ii) in good operating condition and repair, subject to ordinary wear and tear; (iii) not in need of maintenance or repair except for ordinary routine maintenance and repair; and (iv) in conformity with all applicable Laws relating thereto currently in effect. All of the Leased Improvements on the Leased Premises are located entirely on such Leased Premises.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Analex Corp), Stock Purchase Agreement (Horne International, Inc.), Stock Purchase Agreement (Analex Corp)

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Leased Improvements and Fixtures. The Leased Improvements are (i) to the actual Knowledge of Company, structurally sound with no known defects; (ii) in good operating condition and repair, subject to ordinary wear and tear; (iii) not in need of maintenance or repair except for ordinary routine maintenance and repair; and (iv) in material conformity with all applicable Laws relating thereto currently in effect. All of the Leased Improvements on the Leased Premises are located entirely on such Leased Premises.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sra International Inc)

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Leased Improvements and Fixtures. The Leased Improvements are (i) to the Knowledge of Company and Sellers structurally sound with no known defects; (ii) in good satisfactory operating condition and repair, subject to ordinary wear and tear; (iii) not in need of maintenance or repair except for ordinary routine maintenance and repair; and (iv) in conformity with all applicable Laws relating thereto currently in effect. All To the Knowledge of Company and Sellers, all of the Leased Improvements on the Leased Premises are located entirely on such Leased Premises.

Appears in 1 contract

Samples: Stock Purchase Agreement (NCI, Inc.)

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