Equipment; Tangible Assets Sample Clauses

Equipment; Tangible Assets. The fixed assets, equipment, and other tangible assets reasonably necessary for use in the business of Future Tech as currently conducted and as currently proposed to be conducted by Buyer which Buyer deems necessary for the conduct of the business of Future Tech after the Closing Date, along with the prices that Buyer will pay therefor, as shall be identified on Schedule 2.1(d) attached hereto, subject to changes between the date of this Agreement and the Closing Date in accordance with the Business Practices; provided, however, that from the date of this Agreement until the Closing, Buyer retains the right to reject any such assets that Buyer, in its sole and absolute discretion exercised in good faith, determines does not meet the requirements for such items set forth in Sections 6.9(c) and (d) of this Agreement, with a corresponding Purchase Price adjustment, based on its due diligence review.
Sample 1
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Equipment; Tangible Assets. Certain fixed assets, equipment, and other tangible assets along with the prices that Buyer will pay for such fixed assets, equipment, and tangible assets used in the Business identified in Schedule 1.2(d) to be agreed to by the parties and attached hereto at Closing (excluding, among other things, assets listed as "Almo Retained Assets" on Schedule 1.2(d).
Sample 1

Related to Equipment; Tangible Assets

  • Tangible Assets The Target owns or leases all buildings, machinery, equipment, and other tangible assets necessary for the conduct of its business as presently conducted and as presently proposed to be conducted. Each such tangible asset is free from defects (patent and latent), has been maintained in accordance with normal industry practice, is in good operating condition and repair (subject to normal wear and tear), and is suitable for the purposes for which it presently is used and presently is proposed to be used.

  • Net Tangible Assets Acquiror shall have at least five million one dollars ($5,000,001) of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the Offer.

  • Intangible Assets 4,912 Other assets........................................................... 113,928 Total assets........................................................... 6,920,723 CONTINUED ON NEXT PAGE

  • Title to Tangible Assets The Company and its Subsidiaries have good title to their properties and assets and good title to all their leasehold estates, in each case subject to no mortgage, pledge, lien, lease, encumbrance or charge, other than or resulting from taxes which have not yet become delinquent and minor liens and encumbrances which do not in any case materially detract from the value of the property subject thereto or materially impair the operations of the Company and its Subsidiaries and which have not arisen otherwise than in the ordinary course of business.

  • Condition of Tangible Assets All buildings, structures, facilities, equipment and other material items of tangible property and assets included in the Assets are in good operating condition and repair, subject to normal wear and maintenance, are usable in the regular and ordinary course of business and conform to all applicable laws, ordinances, codes, rules and regulations relating to their construction, use and operation.

  • Eligible Assets The Fund shall only make investments in the Eligible Assets as described on Exhibit B, as amended from time to time with the prior written consent of Xxxxx Fargo, in accordance with the Fund’s investment objectives and the investment policies set forth in the Offering Memorandum, as such investment objectives and investment policies may be modified in accordance with the 1940 Act and applicable law and, if applicable, the Related Documents.

  • Included Assets The Assets referred to in Section 1.1(a)(ii) shall include, without limitation, the following assets, properties and rights of Seller used directly or indirectly in the conduct of, or generated by or constituting, the Business, except as otherwise expressly set forth in this Agreement:

  • Leased Equipment Schedule 3.16(e) hereto contains a list of all leases or other agreements, whether written or oral, under which the Corporation is lessee of or holds or operates any items of machinery, equipment, tools, motor vehicles, furniture and fixtures or other property (other than real property) owned by any third party (collectively, the "Leased Equipment").

  • Tangible Property (i) mechanical systems, fixtures and equipment comprising a part of or attached to or located upon the Improvements,

  • Borrowing Base Properties (a) Except where the failure to comply with any of the following would not have a Material Adverse Effect, each of Parent and Borrower shall, and shall use commercially reasonable efforts to cause each other Loan Party or the applicable tenant, to:

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