Condition of Personal Property. All tangible personal property, equipment, fixtures and inventories included within the assets of the Company are in good, merchantable or in reasonably repairable condition and are suitable for the purposes for which they are used. No value in excess of applicable reserves has been given to any inventory with respect to obsolete or discontinued products. To the best of the Company's knowledge, all of the inventories and equipment, including equipment leased to others, are well maintained and in good operating condition.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Zone 4 Play Inc), Stock Purchase Agreement (Zone 4 Play Inc), Stock Purchase Agreement (Zone 4 Play Inc)
Condition of Personal Property. All tangible personal property, equipment, fixtures and inventories included within the assets of the Company or required to be used in the ordinary course of business are in good, merchantable merchantable, or in reasonably reasonable repairable condition and are suitable for the purposes for which they are used. No value in excess of applicable reserves has been given to any inventory with respect to obsolete or discontinued products. To the best of the Company's knowledge, all All of the inventories and equipment, including equipment leased to others, are well maintained and in good operating condition.
Appears in 4 contracts
Samples: Stock Purchase Agreement (International Mercantile Corp), Stock Purchase Agreement (International Mercantile Corp), Stock Purchase Agreement (International Mercantile Corp)
Condition of Personal Property. All tangible personal property, equipment, fixtures and inventories included within the assets of the Company Project are in good, merchantable or in reasonably repairable condition and are suitable for the purposes for which they are used. No value in excess of applicable reserves has been given to any inventory with respect to obsolete or discontinued products. To the best of the Company's Buyer’s knowledge, all of the inventories and equipment, including equipment leased to others, are well maintained and in good operating condition.
Appears in 3 contracts
Samples: Return of Asset Agreement (Minerco Resources, Inc.), Return of Asset Agreement (Minerco Resources, Inc.), Return of Asset Agreement (Minerco Resources, Inc.)
Condition of Personal Property. All tangible personal property, equipment, fixtures and inventories included within the assets of the Company Project are in good, merchantable or in reasonably repairable condition and are suitable for the purposes for which they are used. No value in excess of applicable reserves has been given to any inventory with respect to obsolete or discontinued products. To the best of the Company's Seller’s knowledge, all of the inventories and equipment, including equipment leased to others, are well maintained and in good operating condition.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Minerco Resources, Inc.), Asset Purchase Agreement (Minerco Resources, Inc.), Asset Purchase Agreement (Minerco Resources, Inc.)
Condition of Personal Property. All tangible personal property, equipment, fixtures and inventories included within the assets of the Company or required to be used in the ordinary course of business are in good, merchantable or in reasonably repairable condition and are suitable for the purposes for which they are used. No value in excess of applicable reserves has been given to any inventory with respect to obsolete or discontinued products. To the best of the Company's knowledge, all All of the inventories and equipment, including equipment leased to others, are well maintained and in good operating condition.
Appears in 2 contracts
Samples: Stock Purchase Definitive Agreement (Alkame Holdings, Inc.), Stock Purchase Agreement (Icoa Inc)
Condition of Personal Property. All tangible personal property, equipment, fixtures and inventories included within the assets of the Company are in good, merchantable or in reasonably repairable condition and are suitable for the purposes for which they are used. No value in excess of applicable reserves has been given to any inventory with respect to obsolete or discontinued products. To the best of the Company's knowledge, all of the inventories and equipment, including equipment leased to others, are well maintained and in good operating condition.. N/A there is no personal property, equipment, fixtures, or inventory held by VPS, LLC
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Haire Scott A)
Condition of Personal Property. All tangible personal property, equipment, fixtures and inventories included within the assets of Budget Opticals or required to be used in the Company ordinary course of business are in good, merchantable or in reasonably repairable condition and are suitable for the purposes for which they are used. No value in excess of applicable reserves has been given to any inventory with respect to obsolete or discontinued products. To the best of the Company's knowledge, all All of the inventories and equipment, including equipment leased to others, are well maintained and in good operating condition.
Appears in 1 contract
Samples: Agreement of Merger (Eyemakers Inc)
Condition of Personal Property. All tangible personal property, equipment, and fixtures and inventories included within the assets of the Company are in good, merchantable or in reasonably repairable condition and are suitable for the purposes for which they are used. No value in excess of applicable reserves has been given to any inventory with respect to obsolete or discontinued products. To the best of the Company's knowledge, all of the inventories and equipment, including equipment leased to others, are well maintained and in good operating condition.
Appears in 1 contract
Condition of Personal Property. All tangible personal property, equipment, fixtures and inventories included within the assets of Seller or required to be used in the Company ordinary course of business are in good, merchantable or in reasonably repairable condition and are suitable for the purposes for which they are used. No value in excess of applicable reserves has been given to any inventory with respect to obsolete or discontinued products. To the best of the Company's knowledge, all All of the inventories and equipment, including equipment leased to others, are well maintained and in good operating condition.. 4.22
Appears in 1 contract
Samples: Stock and Warrant Purchase Agreement (Ridgewood Power Growth Fund /Nj)
Condition of Personal Property. All tangible personal property, equipment, fixtures and inventories included within the assets of the Company are in good, merchantable or in reasonably repairable condition and are suitable for the purposes for which they are used. No value in excess of applicable reserves has been given to any inventory with respect to obsolete or discontinued products. To the best of the Company's ’s knowledge, all of the inventories and equipment, including equipment leased to others, are well maintained and in good operating condition.. N/A there is no personal property, equipment, fixtures, or inventory held by VPS, LLC
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Secured Financial Network, Inc.)
Condition of Personal Property. All tangible personal property, equipment, fixtures and inventories included within the assets of the Company Asset are in good, merchantable or in reasonably repairable condition and are suitable for the purposes for which they are used. No value in excess of applicable reserves has been given to any inventory with respect to obsolete or discontinued products. To the best of the Company's Seller’s knowledge, all of the inventories and equipment, including equipment leased to others, are well maintained and in good operating condition.
Appears in 1 contract
Condition of Personal Property. All tangible personal property, ------------------------------- equipment, fixtures and inventories included within the assets of the Company are in good, merchantable or in reasonably repairable condition and are suitable for the purposes for which they are used. No value in excess of applicable reserves has been given to any inventory with respect to obsolete or discontinued products. To the best of the Company's knowledge, all of the inventories and equipment, including equipment leased to others, are well maintained and in good operating condition.
Appears in 1 contract
Samples: Stock Purchase Agreement (Crawford Lake Mining Inc.)
