Common use of Condition and Sufficiency of Assets Clause in Contracts

Condition and Sufficiency of Assets. The buildings and equipment leased or owned by the Company are generally in good operating condition and repair, and are adequate for the uses to which they are being put. The buildings and equipment of the Company are sufficient for the continued conduct of the Company's business after the Closing in substantially the same manner as conducted prior to the Closing.

Appears in 4 contracts

Samples: Execution Copy (Neomedia Technologies Inc), Merger Agreement (Altrimega Health Corp), Share Exchange Agreement (United Companies Corp)

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Condition and Sufficiency of Assets. The buildings and equipment leased or owned by the Company are generally in good operating condition and repair, and are adequate for the uses to which they are being put. The buildings and equipment of the Company are sufficient for the continued conduct of the Company's ’s business after the Closing in substantially the same manner as conducted prior to the Closing.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Medical Staffing Solutions Inc), Asset Purchase Agreement (Medical Staffing Solutions Inc)

Condition and Sufficiency of Assets. The buildings and equipment leased or owned by the Company are generally in good operating condition and repair, and are adequate for the uses to which they are being put. The buildings and equipment of the Company are sufficient for the continued conduct of the Company's business after the Closing (assuming there are no material changes in the nature and scope of the Company's business) in substantially the same manner as conducted prior to the Closing.

Appears in 1 contract

Samples: Merger Agreement (Neomedia Technologies Inc)

Condition and Sufficiency of Assets. The buildings buildings, structures, and equipment leased or owned by of the Company are generally in good operating condition and repair, and are adequate for the uses to which they are being put. The buildings building, structures, and equipment of the Company are sufficient for the continued conduct of the Company's business after the Closing in substantially the same manner as conducted prior to the Closing.

Appears in 1 contract

Samples: Stock Purchase Agreement (Scan Optics Inc)

Condition and Sufficiency of Assets. The buildings and equipment leased or owned by the Company are generally in good operating condition and repair, and are adequate for the uses to which they are being put. The buildings and equipment of the Company are sufficient for the continued conduct of the Company's business after the Closing in substantially the same manner as conducted prior to the Closing.

Appears in 1 contract

Samples: Merger Agreement (Paradigm Holdings, Inc)

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Condition and Sufficiency of Assets. The buildings and equipment leased or owned by the Company are generally in good operating condition and repair, and are adequate for the uses to which they are being put. The buildings and equipment of the Company are sufficient for the continued conduct of the Company's business after the Closing in substantially the same manner as conducted prior to the Closing. AA. NOT USED.

Appears in 1 contract

Samples: Share Exchange Agreement (Altrimega Health Corp)

Condition and Sufficiency of Assets. The buildings buildings, structures, and equipment leased or owned by of the Company and its Subsidiaries are generally in good operating condition and repair, and are adequate for the uses to which they are being put. The buildings building, structures, and equipment of the Company and its Subsidiaries are sufficient for the continued conduct of the Company's and the Subsidiaries' business after the Closing in substantially the same manner as conducted prior to the Closing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Accel International Corp)

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