Common use of Equipment; Leasehold Clause in Contracts

Equipment; Leasehold. All material items of equipment and other tangible assets owned by or leased to the Acquired Corporations are adequate for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the business of the Acquired Corporations in the manner in which such business is currently being conducted. No Acquired Corporation owns any real property or any interest in real property, except for the leaseholds created under the real property leases identified in Part 2.8 of the Disclosure Schedule.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Quest Software Inc), Agreement and Plan of Merger (Quest Software Inc)

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Equipment; Leasehold. All material items of equipment and other tangible assets owned by or leased to the Acquired Corporations Company are reasonably adequate for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the business of the Acquired Corporations in the manner in which such business is currently being conductedCurrent Company Business. No Acquired Corporation owns The Company does not own any real property or any interest in real property, except for the leaseholds created under the real property leases identified in Part 2.8 of the Disclosure Schedule.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Vir Biotechnology, Inc.), Securities Purchase Agreement (Vir Biotechnology, Inc.)

Equipment; Leasehold. All material items of equipment and other tangible assets owned by or leased to the Acquired Corporations are adequate for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the business of the Acquired Corporations in the manner in which such business is currently being conducted. No Acquired Corporation owns any real property or any interest in real property, except for the leaseholds created under the real property leases identified in Part 2.8 of the Company Disclosure Schedule.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Nuvelo Inc)

Equipment; Leasehold. All material items of equipment and other tangible assets owned by or leased to the Acquired Corporations are adequate in all material respects for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the business of the Acquired Corporations in the manner in which such business is currently being conducted. No Acquired Corporation owns any real property or any interest in real property, except for the leaseholds created under the real property leases identified in Part 2.8 of the Disclosure Schedule.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Quest Software Inc)

Equipment; Leasehold. All material items of equipment and other tangible assets owned by or leased to each of the Acquired Corporations are reasonably adequate for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the business of the ). The Acquired Corporations in the manner in which such business is currently being conducted. No Acquired Corporation owns do not own any real property or any interest in real property, except for the leaseholds leasehold created under the real property leases identified in Part 2.8 2.10 of the Disclosure Schedule.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Siebel Systems Inc)

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Equipment; Leasehold. All material items of equipment and other material tangible assets owned by or leased to the Acquired Corporations Company are adequate for the uses to which they are being put, are in good and safe condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the business of the Acquired Corporations Company in the manner in which such business is currently being conducted. No Acquired Corporation owns The Company does not own any real property or any interest in real property, except for the leaseholds created under the real property leases identified in Part 2.8 of the Disclosure Schedule.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Dot Hill Systems Corp)

Equipment; Leasehold. (a) All material items of equipment and other tangible assets owned by or leased to the Acquired Corporations Company are adequate for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the Company's business of the Acquired Corporations in the manner in which such business is currently being conducted. No Acquired Corporation owns (b) The Company does not own any real property or any interest in real property, except for the leaseholds leasehold created under the real property leases identified in Part 2.8 of the Disclosure Schedule.real

Appears in 1 contract

Samples: Exhibit 2 (Alliedsignal Inc)

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