Common use of State of Tangible Personal Property Clause in Contracts

State of Tangible Personal Property. All tangible personal property included in the Assets has been properly maintained in all Material respects, is in good working order (where applicable) and repair, ordinary wear and tear excepted, contains no defects known to the Company which will adversely affect the operation of the Business to any Material degree and is in the possession of the Company.

Appears in 3 contracts

Samples: Asset Purchase Agreement (North American Scientific Inc), Asset Purchase Agreement (North American Scientific Inc), Asset Purchase Agreement (North American Scientific Inc)

AutoNDA by SimpleDocs

State of Tangible Personal Property. All tangible personal property included in the Assets has been properly maintained in all Material respectsmaintained, is in good working order (where applicable) and repair, ordinary wear and tear excepted, contains no defects known to the Company Vendor which will could adversely affect the operation of the Business to any Material material degree and is in the possession of the CompanyVendor.

Appears in 1 contract

Samples: Asset Purchase Agreement

AutoNDA by SimpleDocs

State of Tangible Personal Property. All tangible personal property included in the Assets has been properly maintained in all Material respects, is in good working order (where applicable) and repair, ordinary wear and tear excepted, contains no defects known to the Company Vendor which will materially and adversely affect the operation of the Business to any Material degree and is in the possession of the CompanyVendor.

Appears in 1 contract

Samples: Agreement (North American Scientific Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.