Common use of Repair and Condition Clause in Contracts

Repair and Condition. All buildings and structures comprised in the Properties are in all material respects in good and substantial repair and condition and there are no material defects therein (whether latent, inherent or otherwise); as far as the Seller is aware, no such buildings and structures have been the subject of flooding or drainage defects.

Appears in 2 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement (Willbros Group, Inc.\NEW\)

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Repair and Condition. All buildings and structures comprised in the Properties are in all material respects in good and substantial reasonable repair and condition (fair wear and tear excepted) and there are no material defects therein (whether latent, inherent or otherwise); as far as the Seller is aware, no such buildings and structures have been the subject of flooding or drainage defectsdefects and no substances the use of which is not now approved by current good building practice were used in the construction of any part thereof.

Appears in 1 contract

Samples: Agreement for the Sale and Purchase of the Subscription Business (Rowecom Inc)

Repair and Condition. All buildings and structures comprised in the Properties Property are in all material respects in good and substantial repair and condition (fair wear and tear excepted) and there are no material defects therein (whether latent, inherent or otherwise); as far as the Seller is aware, no such buildings and structures have been the subject of flooding or drainage defectsdefects and, as far as the Sellers are aware, no substances the use of which is not now approved by current good building practice were used in the construction of any part thereof.

Appears in 1 contract

Samples: Share Purchase Agreement (Cross Country Healthcare Inc)

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Repair and Condition. All As far as the Seller is aware all buildings and structures comprised in the Properties are in all material respects in good and substantial repair and condition and there are no material defects therein (whether latent, inherent or otherwise); as far as the Seller is aware, no such buildings and structures have been the subject of flooding or drainage defectsdefects and so far as the Seller is aware no substances the use of which is not now approved by current good building practice were used in the construction of any part thereof.

Appears in 1 contract

Samples: Share Purchase Agreement (Ipc Acquisition Corp)

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