Operating Condition. The Aircraft shall be in as good condition as at the beginning of the Lease Period, ordinary wear and tear excepted.
Operating Condition. The ‘Products’ shall be operated in accordance with the basic operating conditions (Table 2.1)
Operating Condition. The Aircraft shall be in as good operating condition as on the Delivery Date, with all of the Aircraft Engines, Appliances, Parts, equipment, components, and systems functioning in accordance with their intended use irrespective of deviations or variations authorized by the minimum equipment list or configuration deviation list.
Operating Condition. The Aircraft shall be in as good operating condition as on the Delivery Date, ordinary wear and tear from normal airline passenger operations excepted.
Operating Condition. All of the tangible material Assets are in operating condition and sufficient state of repair to operate the Business as presently conducted by the Company, and is inspected, maintained and operated in conformity with all Applicable Law.
Operating Condition. The condition that allows the Software to function in a normal, acceptable working manner, as designed by the Software manufacturer, and, if applicable, in compliance with any service levels established in the Contract or any order or SOW issued under the Contract.
Operating Condition. The Vessel is in good operating condition (subject to normal wear and tear), free from any material defects, the Vessel is in-class and is not in need of any material repairs and is insured against those types of risks and in amounts of coverage consistent with those amounts generally carried by other shipping companies.
Operating Condition. The Aircraft shall be in good operating condition, ordinary wear and tear excepted, with all of the Aircraft equipment, components, and systems functioning in accordance with their intended use irrespective of variations or deviations authorized by the Minimum Equipment List or Configuration Deviation List. All replacement equipment, parts, components or items installed on the Aircraft shall be manufactured by the original manufacturer approved by Embraer or a manufacturer holding requisite authority of the FAA, and in case of used, rotable parts, have an FAA-approved serviceable tag.
Operating Condition. All of the assets constituting personal property owned or leased by the Company are in good operating condition and repair, ordinary wear and tear excepted, and all machinery, equipment and motor vehicles owned or used by the Company are generally adequate and sufficient for the operation of the Company's business, except for repairs and replacements required in the ordinary course of business.
Operating Condition. To Sellers' knowledge, the Assets that ------------------- are necessary to operate the Business as the Business was operated by Sellers immediately prior to the Closing are, taken as a whole, in adequate and suitable condition for the purposes for which they are presently being used.
