Common use of Asset Condition Clause in Contracts

Asset Condition. Subject to those items disclosed on Schedule 4.20, the plant, equipment and machinery of Compression, taken as a whole, are of an industry standard (including operating condition and state of repair) as would be expected of a prudent operator in the compression business (usual wear and tear excepted). During the past two years, there has not been any material interruption in the operations of Compression due to inadequate maintenance.