Condition of Fixed Assets. All of the plants, structures and equipment included in the Assets 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: Asset Purchase Agreement (Boundless Motor Sports Racing Inc), Asset Purchase Agreement (Boundless Motor Sports Racing Inc), Asset Purchase Agreement (Boundless Motor Sports Racing Inc)
Condition of Fixed Assets. All of the plants, structures and equipment included in owned by the Assets 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 Agreement (Boundless Motor Sports Racing Inc), Stock Purchase Agreement (Boundless Motor Sports Racing Inc)
Condition of Fixed Assets. All of the plants, structures and equipment included in the Assets Property 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: Contract of Sale (Boundless Motor Sports Racing Inc)
Condition of Fixed Assets. All of the plants, structures and equipment (the "Fixed Assets") included in the Assets 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
