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 each of the Acquired Corporations' respective businesses in the manner in which such businesses are currently being conducted. The Acquired Corporations do not own any real property or any interest in real property, except for the leasehold created under the real property leases identified in Part 2.9(b) of the Disclosure Schedule.
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Samples: Escrow Agreement (Siebel Systems Inc), Agreement and Plan of Merger and Reorganization (Siebel Systems Inc)
Equipment; Leasehold. (a) 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 each the business of the Acquired Corporations' respective businesses Corporations in the manner in which such businesses are business is currently being conducted. The No Acquired Corporations do not own Corporation owns any real property or any interest in real property, except for the leasehold leaseholds created under the real property leases identified in Part 2.9(b) 2.8 of the Disclosure Schedule.
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Equipment; Leasehold. All material items of equipment and other tangible assets owned by or leased to each of the Acquired Corporations Companies 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 each of the Acquired CorporationsCompanies' respective businesses in the manner in which such businesses are currently being conducted. The Acquired Corporations Companies do not own any real property or any interest in real property, except for the leasehold created under the real property leases identified in Part 2.9(b) of the Disclosure Schedule.
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