Common use of Condition of Properties Clause in Contracts

Condition of Properties. All facilities, machinery, equipment, fixtures and other properties owned, leased or used by Parent are in operating condition, subject to ordinary wear and tear, and are adequate and sufficient for the Parent’s existing business.

Appears in 28 contracts

Samples: Agreement and Plan of Merger (Capital City Energy Group, Inc.), Agreement and Plan of Merger (New York Global Innovations Inc.), Agreement and Plan of Merger (Amerasia Khan Enterprises Ltd.)

AutoNDA by SimpleDocs

Condition of Properties. All facilities, machinery, equipment, fixtures and other properties owned, leased or used by Parent are in reasonably good operating conditioncondition and repair, subject to ordinary wear and tear, and are adequate and sufficient for the Parent’s existing businesstheir respective businesses.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Fona, Inc.), And Restated Agreement and Plan of Merger (Fona, Inc.)

Condition of Properties. All facilities, machinery, equipment, fixtures and other properties owned, leased or used by Parent are in operating condition, subject to ordinary wear and tear, and are adequate and sufficient for the Parent’s 's existing business.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alkame Holdings, Inc.)

AutoNDA by SimpleDocs

Condition of Properties. All facilities, machinery, equipment, fixtures and other properties owned, leased or used by Parent or its subsidiaries are in operating condition, subject to ordinary wear and tear, and are adequate and sufficient for the Parent’s existing business.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Global Condiments, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.