Common use of Condition of Buildings and Tangible Personal Property Clause in Contracts

Condition of Buildings and Tangible Personal Property. To the knowledge of the Shareholder, all of the premises occupied, and the items of Tangible Personal Property are in operating condition and repair, comply in all respects with applicable laws, regulations and ordinances, including but not limited to zoning, building and fire codes and are suitable and sufficient for the present conduct of the Company's business. Each item of Tangible Personal Property is adequately covered by one of the insurance policies described in Section hereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Osage Systems Group Inc)

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Condition of Buildings and Tangible Personal Property. To the knowledge best of the Company's and Shareholder's knowledge, all of the premises occupied, occupied and the items of Tangible Personal Property are in such operating condition and repairrepair as are necessary for the conduct of the Business, comply in all respects with applicable laws, regulations and ordinancesApplicable Laws, including but not limited to zoning, building and fire codes and are suitable and sufficient for the present conduct of the Company's businessBusiness. Each item of Tangible Personal Property is adequately covered by one of the insurance policies described in Section 3.26 hereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Stonepath Group Inc)

Condition of Buildings and Tangible Personal Property. To the knowledge Knowledge of the ShareholderSeller and the Shareholders, all of the premises occupied, and the items of Tangible Personal Property are in operating condition and repair, comply in all material respects with applicable laws, regulations and ordinances, including but not limited to zoning, building and fire codes and are suitable and sufficient for the present conduct of the CompanySeller's businessBusiness. Each item of Tangible Personal Property is adequately covered by one of the insurance policies described in Section 3.27 hereto.

Appears in 1 contract

Samples: Asset Purchase Agreement (Osage Systems Group Inc)

Condition of Buildings and Tangible Personal Property. To the knowledge of the Shareholder, all All of the premises occupied, occupied and the items of Tangible Personal Property are in such operating condition and repairrepair as are reasonably necessary for the conduct of the Business and to the Knowledge of the Shareholders, comply in all material respects with applicable laws, regulations and ordinancesApplicable Laws, including but not limited to zoning, building and fire codes and are suitable and sufficient for the present conduct of the Company's businesscodes. Each item of Tangible Personal Property is adequately covered by one of the insurance policies described in Section 4.25 hereto, subject to deductibles, limits and customary exclusions.

Appears in 1 contract

Samples: Stock Purchase Agreement (Radiant Logistics, Inc)

Condition of Buildings and Tangible Personal Property. To the knowledge of the Shareholder, all All of the premises occupied, occupied and the items of Tangible Personal Property are in such operating condition and repair, repair as are necessary for the conduct of the Business and comply in all respects with applicable laws, regulations and ordinancesApplicable Laws, including but not limited to zoning, building and fire codes and are suitable and sufficient for the present conduct of the Company's businesscodes. Each item of Tangible Personal Property is adequately covered by one of the insurance policies described in Section 3.26 hereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Stonepath Group Inc)

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Condition of Buildings and Tangible Personal Property. To the knowledge of the ShareholderShareholders, all of the premises occupied, and substantially all of the items of Tangible Personal Property are in operating condition and repair, comply in all material respects with applicable laws, regulations and ordinances, including but not limited to zoning, building and fire codes and are suitable and sufficient for the present conduct of the Company's business. Each item of Tangible Personal Property is adequately covered by one of the insurance policies described in Section hereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Osage Systems Group Inc)

Condition of Buildings and Tangible Personal Property. To the knowledge of the Shareholder, all All of the premises occupied, occupied and the items of Tangible Personal Property are in such operating condition and repairrepair as are reasonably necessary for the conduct of the Company Business as currently conducted and, to the Knowledge of the Shareholders, comply in all material respects with applicable laws, regulations and ordinancesApplicable Laws, including but not limited to zoning, building and fire codes and are suitable and sufficient for the present conduct of the Company's businesscodes. Each item of Tangible Personal Property is adequately covered by one of the insurance policies described in Section 3.24 hereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Radiant Logistics, Inc)

Condition of Buildings and Tangible Personal Property. To the knowledge of the Shareholder, all All of the premises occupied, occupied and the items of Tangible Personal Property are in such operating condition and repairrepair as are necessary for the conduct of the Business and, to the Knowledge of the Shareholder, comply in all material respects with applicable laws, regulations and ordinancesApplicable Laws, including but not limited to zoning, building and fire codes and are suitable and sufficient for the present conduct of the Company's businesscodes. Each item of Tangible Personal Property is adequately covered by one of the insurance policies described in Section 3.24 hereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Radiant Logistics, Inc)

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