Condition of Fixed Assets. All of the plants, structures and equipment (the "Fixed Assets") owned by the Company are in good condition and repair for their intended use in the ordinary course of business and conform in all material respects with all applicable ordinances, regulations and other laws and there are no known latent defects therein.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Mobility Electronics Inc), Stock Purchase Agreement (NewMarket Technology Inc), Stock Purchase Agreement (Virtualhealth Technologies Inc.)
Condition of Fixed Assets. All of the plants, structures and equipment (the "Fixed Assets") owned by the Company Corporation are in good condition and repair for their intended use in the ordinary course of business and conform in all material respects with all applicable ordinances, regulations and other laws and there are no known latent defects therein.
Appears in 2 contracts
Samples: Stock Purchase and Sale Agreement (Tca Cable Tv Inc), Stock Purchase and Sale Agreement (Tca Cable Tv Inc)
Condition of Fixed Assets. All of the plants, structures and equipment (the "Fixed Assets") owned by the Company are in good condition and 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 and there are no known latent defects therein.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Geos Communications, Inc.)
Condition of Fixed Assets. All of the plants, structures and equipment (the "Fixed Assets") owned by the Company and each of its Subsidiaries are in good condition and 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 and there are no known latent defects therein.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Geos Communications, Inc.)
Condition of Fixed Assets. All of the plants, structures and equipment (the "Fixed Assets") fixed assets owned or leased by the Company are in good condition and repair for their intended use in the ordinary course of business and conform in all material respects with all applicable ordinances, regulations and other laws and there are no known latent defects therein.
Appears in 1 contract
Samples: Stock Purchase Agreement (Sulcus Hospitality Technologies Corp)
