Condition of Assets. The tangible personal property included in the Purchased Assets is in good condition and is adequate for the uses to which it is being put, and none of such tangible personal property is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 3 contracts
Samples: Asset Purchase Agreement (AgeX Therapeutics, Inc.), Asset Purchase Agreement (Allarity Therapeutics, Inc.), Asset Purchase Agreement (Dragonfly Energy Holdings Corp.)
Condition of Assets. The tangible personal property included in the Purchased Assets is are in good condition and is are adequate for the uses to which it is they are being put, and none of such tangible personal property is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Greenrose Acquisition Corp.), Asset Purchase Agreement (Northern Power Systems Corp.), Asset Purchase Agreement (Northern Power Systems Corp.)
Condition of Assets. The tangible personal property included in the Purchased Assets is in good condition and is adequate for the uses to which it is they are being put, and none of such tangible /tangible personal property is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Edison Nation, Inc.), Asset Purchase Agreement (Global Technologies LTD)
Condition of Assets. The tangible personal property included in the Purchased Assets is in good condition and is adequate for the uses to which it is being put, and none of such tangible personal property is in need of maintenance or repairs except for ordinary, routine maintenance and or repairs that are not material in nature or cost.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Oragenics Inc), Asset Purchase Agreement
Condition of Assets. The tangible personal property included in the Purchased Contributed Assets is in good condition and is adequate for the uses to which it is being put, and none of such tangible personal property is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 1 contract
Samples: Contribution and Sale Agreement (American Residential Properties, Inc.)
Condition of Assets. The tangible personal property included in the Purchased Assets is in good condition and is adequate for the uses to which it is being put, and none of such tangible personal property is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that repairs. But for the Excluded Assets, the Purchased Assets are not material in nature or costsufficient for GP Corp to conduct the business currently conducted by MAST.
Appears in 1 contract
Samples: Asset Purchase Agreement (Great Elm Capital Group, Inc.)
Condition of Assets. The Assets and tangible personal property included in the Purchased Assets is are in good condition and is are adequate for the uses to which it is they are being put, and none of such Assets or tangible personal property is are in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 1 contract
Samples: Asset Purchase Agreement (Flowerkist Skin Care & Cosmetics, Inc.)
Condition of Assets. The tangible personal property included in the Purchased Assets is are in good condition operating condition, ordinary wear and is tear excepted, and are adequate for the uses to which it is they are being put, and none of such tangible personal property is are in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 1 contract
Condition of Assets. The tangible personal property included in the Purchased Assets is in good condition and is adequate for the uses to which it is they are being put, and none of such tangible /tangible personal property is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost. The Purchased Assets will be delivered to Buyer at Closing in the “AS IS, WHERE IS” condition.
Appears in 1 contract
Condition of Assets. The Each item of tangible personal property included in the Purchased Assets is in good condition and repair and is adequate suitable for its intended use in the uses to which it ordinary course of business and is being put, free from latent and none patent defects. No item of such tangible personal property included in the Assets is in need of maintenance repair or repairs except for ordinary, replacement other than as part of routine maintenance in the ordinary course of business. Each item of tangible personal property included in the Assets conforms in all material respects with all applicable ordinances, regulations and repairs that are not material in nature or costother Legal Requirements.
Appears in 1 contract
Samples: Asset Purchase Agreement (Omni Energy Services Corp)
Condition of Assets. The tangible personal property included in the Purchased Assets is is, to Seller’s knowledge, in good condition and is adequate for the uses to which it is being put, and none of such tangible personal property is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 1 contract
Samples: Asset Purchase Agreement (Mocon Inc)
Condition of Assets. The tangible personal property Tangible Personal Property included in the Purchased Assets is in good condition and is adequate for the uses to which it is being put, and none of such tangible personal property is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 1 contract
Condition of Assets. The tangible personal property included in the Purchased Assets is in good condition (normal wear and tear excepted) and is adequate for the uses to which it is being put, and none of such tangible personal property is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
Appears in 1 contract
Samples: Asset Purchase Agreement (Appliance Recycling Centers of America Inc /Mn)
