Condition of Tangible Assets. Except as set forth on Schedule 3.11, all tangible Assets presently in use are in operating condition and adequate repair (ordinary wear and tear excepted) for the purposes to which they are currently devoted.
Appears in 3 contracts
Samples: Asset Purchase Agreement (STC Broadcasting Inc), Asset Purchase Agreement (STC Broadcasting Inc), Asset Purchase Agreement (STC Broadcasting Inc)
Condition of Tangible Assets. Except as set forth on Schedule 3.11, all tangible Assets presently in use are in good operating condition and adequate good repair (ordinary wear and tear excepted) for the purposes to which they are currently devoted, except where the failure to be in such condition would not reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Asset Purchase Agreement (STC Broadcasting Inc), Asset Purchase Agreement (STC Broadcasting Inc)
Condition of Tangible Assets. Except as set forth on Schedule 3.11, all tangible Assets presently in use are in good operating condition and adequate good repair (ordinary wear and tear excepted) for the purposes to which they are currently devoted.
Appears in 1 contract
