Condition of Fixed Assets. All of the plants, structures and equipment (the "Fixed Assets") used by the Company in its business are in good condition and repair, subject to normal wear and tear, and conform in all material respects with all applicable ordinances, regulations and other laws, and the Company and the Owners have no actual knowledge of any material latent defects therein.
Appears in 4 contracts
Samples: Stock Purchase Agreement (American Medical Providers Inc), Stock Purchase Agreement (American Medical Providers Inc), Business Purchase Agreement (American Medical Providers Inc)
Condition of Fixed Assets. All of the plants, structures and equipment (the "Fixed Assets") used owned by the Company in its business are in good condition and repair, repair (subject to normal wear and tear, ) for their intended use in the ordinary course of business and conform in all material respects with all applicable ordinances, regulations and other laws, laws and the Company and the Owners have there are no actual knowledge of any material known latent defects therein.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Mobility Electronics Inc), Agreement and Plan of Merger (Mobility Electronics Inc), Agreement and Plan of Merger (Mobility Electronics Inc)
Condition of Fixed Assets. All of the plants, structures and equipment (the "Fixed Assets") used by the Company in its business are in good condition and repair, subject to normal wear and tear, and conform in all material respects with all applicable ordinances, regulations and other laws, and the Company and the Owners have no actual knowledge of any material latent defects therein.
Appears in 2 contracts
Samples: Asset Purchase Agreement (American Medical Providers Inc), Asset Purchase Agreement (American Medical Providers Inc)
Condition of Fixed Assets. All of the plantsfacilities, structures and equipment (the "Fixed Assets") regularly used by the Company in its business are in good condition and repair, subject to normal wear and tear, and conform in all material respects with all applicable ordinances, regulations and other laws, and the Company and the Owners have no actual knowledge of any material latent defects therein. Notwithstanding anything to the contrary herein, the Fixed Assets will be as accepted by AMP at the Closing "as is".
Appears in 1 contract
Samples: Stock Purchase Agreement (American Medical Providers Inc)
