Common use of Tangible Assets Clause in Contracts

Tangible Assets. The machinery, equipment, and other tangible assets that Target owns and leases are free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).

Appears in 5 contracts

Samples: Stock Purchase Agreement (Caneum Inc), Stock Purchase Agreement (Caneum Inc), Stock for Stock Exchange Agreement (Caneum Inc)

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Tangible Assets. The machinery, equipment, and other tangible assets that Target owns and or leases are set forth on the Most Recent Balance Sheet, are free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).

Appears in 3 contracts

Samples: Equity Interest Purchase Agreement (Upexi, Inc.), Equity Interest Purchase Agreement (Grove, Inc.), Stock Purchase Agreement (General Employment Enterprises Inc)

Tangible Assets. The machinery, equipment, and other tangible assets that Target owns and or leases are set forth on the Most Recent Balance Sheet are free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).

Appears in 2 contracts

Samples: Stock Purchase Agreement (XSport Global, Inc.), Stock Purchase Agreement (General Employment Enterprises Inc)

Tangible Assets. The buildings, machinery, equipment, and other tangible assets that Target owns and leases its Subsidiaries own or lease are free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Kinder Travel, Inc.)

Tangible Assets. The buildings, machinery, equipment, and other tangible assets that Target owns and leases are free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Renegade Venture Nev Corp), Stock Purchase Agreement (Renegade Venture Nev Corp)

Tangible Assets. The machinery, equipment, and other tangible assets that Target owns and leases are free from material defects (patent and latentpatent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).

Appears in 2 contracts

Samples: Agreement to Purchase Stock (Caneum Inc), Agreement to Purchase Stock (Caneum Inc)

Tangible Assets. The buildings, machinery, equipment, and other ---------------- tangible assets that Target owns and leases its Subsidiaries own and lease are free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).

Appears in 1 contract

Samples: Stock Exchange Agreement (Sequiam Corp)

Tangible Assets. The buildings, machinery, equipment, and other tangible assets that the Target owns (or purports to own) and leases are free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear)) and are adequate for the uses to which they are being put.

Appears in 1 contract

Samples: Contribution Agreement (TRX Inc/Ga)

Tangible Assets. The machinery, equipment, equipment and other tangible assets that Target owns and or leases are is free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).

Appears in 1 contract

Samples: Asset Purchase Agreement (Pure Capital Inc)

Tangible Assets. The buildings, machinery, equipment, and other material tangible assets that Target owns and leases are are, to Target's Knowledge, free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).

Appears in 1 contract

Samples: Merger Agreement (Barpoint Com Inc)

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Tangible Assets. The buildings, machinery, equipment, and other tangible assets that Target owns the Targets own and leases lease are free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).

Appears in 1 contract

Samples: Purchase Agreement

Tangible Assets. The machinerybuildings, equipment, and other tangible --------------- assets that the Target owns and leases are free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).

Appears in 1 contract

Samples: Merger Agreement (Imall Inc)

Tangible Assets. The machinery, equipment, and other tangible assets that Target owns and leases or leases, the aggregate values of which are set forth on the Most Recent Balance Sheet, are free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).

Appears in 1 contract

Samples: Stock Purchase Agreement (General Employment Enterprises Inc)

Tangible Assets. The machinery, equipment, and other tangible assets that are either Acquired Assets or are leased by Target owns and leases pursuant to a lease to be assumed by Buyer are free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).

Appears in 1 contract

Samples: Asset Purchase Agreement (Hub Group Inc)

Tangible Assets. The buildings, machinery, equipment, and other tangible assets that Target owns and leases its Subsidiaries own and lease are free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).

Appears in 1 contract

Samples: Stock Purchase Agreement (Stanadyne Corp)

Tangible Assets. The buildings, machinery, equipment, and other tangible assets that the Target owns and leases are free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear)) other than as may be described in Section4(o) of the Disclosure Schedule.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aurelio Resource Corp)

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