Common use of Status of Assets Clause in Contracts

Status of Assets. Except as Disclosed in the Company SEC Filings, each Group Member owns or has the right to use all Assets currently used by it in the conduct of its business as currently conducted. All material Assets of each Group Member have been properly maintained and are in good working condition, and are in all respects in a condition that is adequate for their intended uses, subject to continued repair and replacement in accordance with past practice. The Company has sufficient assets and resources to support its normal business operations as currently contemplated as at Completion, except as otherwise caused by economic turmoil and / or force majeure events or other significant change in normal business operations beyond the control of the Company.

Appears in 3 contracts

Samples: Share Purchase Agreement (China Cord Blood Corp), Convertible Note Purchase Agreement (KKR & Co. L.P.), Convertible Note Purchase Agreement (China Cord Blood Corp)

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Status of Assets. Except as Disclosed in the Company SEC Filings, each Group Member owns or has the right to use all material Assets currently used by it in the conduct of its business as currently conducted. All material Assets of each Group Member have been properly maintained and are in good working condition, and are in all respects in a condition that is adequate for their intended uses, subject to continued repair and replacement in accordance with past practice. The Company has sufficient assets and resources to support its normal business operations as currently contemplated as at Completion, except as otherwise caused by economic turmoil and / or force majeure events or other significant change in normal business operations beyond the control of the Company.

Appears in 3 contracts

Samples: Waiver and Consent, Waiver and Consent (KKR & Co. L.P.), Convertible Note Purchase Agreement (China Cord Blood Corp)

Status of Assets. Except as Disclosed in the Company Target SEC Filings, each Group Member owns or has the right to use all Assets currently used by it in the conduct of its business as currently conducted. All material Assets of each Group Member have been properly maintained and are in good working condition, and are in all respects in a condition that is adequate for their intended uses, subject to continued repair and replacement in accordance with past practice. The Company Target has sufficient assets and resources to support its normal business operations as currently contemplated as at Completionthe Issuance Date, except as otherwise caused by economic turmoil and / or and/or force majeure events or other significant change in normal business operations beyond the control of the CompanyIssuer Group.

Appears in 3 contracts

Samples: Note Subscription Agreement, Note Subscription Agreement (Cheng Zheng), Note Subscription Agreement (Cheng Zheng)

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Status of Assets. Except as Disclosed in the Company SEC Filings, each Group Member owns or has the right to use all Assets assets currently used by it in the conduct of its business as currently conducted. All material Assets assets of each Group Member have been properly maintained and are in good working condition, and are in all respects in a condition that is adequate for their intended uses, subject to continued repair and replacement in accordance with past practice. The Company has sufficient assets and resources to support its normal business operations as currently contemplated as at Completion, except as otherwise caused by economic turmoil and / or and/or force majeure events or other significant change in normal business operations beyond the control of the Company.

Appears in 1 contract

Samples: Share Purchase Agreement (Ambow Education Holding Ltd.)

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