Real Property; Equipment; Leasehold. All material items of equipment and other tangible assets owned by or leased to the Acquired Corporations are adequate for the uses to which they are being put, are in good and safe condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the business of the Acquired Corporations in the manner in which such business is currently being conducted.
Appears in 2 contracts
Samples: Merger Agreement (Interleaf Inc /Ma/), Merger Agreement (Broadvision Inc)
Real Property; Equipment; Leasehold. All The material items of equipment and other material tangible assets owned by or leased to the Acquired Corporations Corporations, taken as a whole, are adequate for the uses to which they are being put, are in good and safe condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the business of the Acquired Corporations in the manner in which such business is currently being conducted.
Appears in 2 contracts
Samples: Merger Agreement (On Semiconductor Corp), Merger Agreement (Amis Holdings Inc)
Real Property; Equipment; Leasehold. (a) All material items of equipment and other tangible assets owned by or leased to the Acquired Corporations are adequate for the uses to which they are being put, are in good and safe condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the business of the Acquired Corporations in the manner in which such business is currently being conducted, except for deficient conditions and inadequacies which in the aggregate would not be reasonably expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Merger Agreement (Heckmann CORP)
