Common use of Improvements, Fixtures and Equipment Clause in Contracts

Improvements, Fixtures and Equipment. The improvements ------------------------------------ constructed on the Facilities, including, without limitation, all leasehold improvements, and all fixtures and equipment and other tangible assets owned, leased or used by the Company at the Facilities are (i) insured to the extent and in a manner customary in the industry, (ii) structurally sound with no known material defects, (iii) in good operating condition and repair, subject to ordinary wear and tear, (iv) not in need of maintenance, repair or correction except for ordinary routine maintenance and repair, the cost of which would not be material, (v) necessary, desirable and appropriate for the operation of the business of the Company as presently conducted and (vi) in conformity with all applicable regulations.

Appears in 1 contract

Samples: Purchase Agreement (Superior Trucks & Auto Supply Inc)

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Improvements, Fixtures and Equipment. The improvements ------------------------------------ constructed on the Facilities, including, without limitation, all leasehold improvementsLeasehold Improvements, and all fixtures and equipment and other tangible assets owned, leased or used by the Company Seller at the Facilities are (i) insured to the extent and in a manner customary in the industry, ; (ii) structurally sound with no known material defects, ; (iii) in good operating condition and repair, subject to ordinary wear and tear, ; (iv) not in need of maintenance, repair or correction except for ordinary routine maintenance and repair, the cost of which would not be material, ; (v) necessary, desirable and appropriate sufficient for the operation of the business of the Company Business as presently conducted and (vi) in conformity with all applicable regulationsRegulations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Digirad Corp)

Improvements, Fixtures and Equipment. The improvements ------------------------------------ constructed on the Facilities, including, without limitation, all leasehold improvements, and all fixtures and equipment and other tangible assets owned, leased or used by the Company at the Facilities are (i) insured to the extent and in a manner customary in the industry, (ii) structurally sound with no known material defects, (iii) in good operating condition and repair, subject to ordinary wear and tear, (iv) not in need of maintenance, repair or correction except for ordinary routine maintenance and repair, the cost of which would not be material, (v) necessary, desirable and appropriate for the operation of the business of the Company Business as presently conducted and (vi) in conformity with all applicable regulations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hda Parts System Inc)

Improvements, Fixtures and Equipment. The improvements ------------------------------------ constructed on the Facilities, including, without limitation, all leasehold improvementsLeasehold Improvements, and all fixtures Fixtures and equipment Equipment and other tangible assets owned, leased or used by the Company at the Facilities are (i) insured to the extent and set forth in a manner customary in the industryDISCLOSURE SCHEDULE 4.19, (ii) structurally sound with no known material defects, (iii) in good operating condition and repair, subject to ordinary wear and tear, (iv) not in need of maintenance, repair or correction except for ordinary or routine maintenance and maintenance, correction, or repair, the cost of which would could not reasonably be expected to be material, (v) necessary, desirable and appropriate sufficient for the operation of the business of the Company as presently conducted and (vi) in conformity with all applicable regulationsRegulations.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Brush Creek Mining & Development Co Inc)

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Improvements, Fixtures and Equipment. The improvements ------------------------------------ constructed on the Facilities, including, without limitation, all leasehold improvements, and all fixtures and equipment and other tangible assets owned, leased or used by the Company or any Selling Party at the Facilities are (i) insured to the extent and in a manner customary in the industry, (ii) structurally sound with no known material defects, (iii) in good operating condition and repair, subject to ordinary wear and tear, (iv) not in need of maintenance, repair or correction except for ordinary routine maintenance and repair, the cost of which would not be material, (v) necessary, desirable and appropriate sufficient for the operation of the business of the Company as presently conducted and (vi) in conformity with all applicable regulations.

Appears in 1 contract

Samples: Asset Purchase Agreement (City Truck Holdings Inc)

Improvements, Fixtures and Equipment. The Facilities and all improvements ------------------------------------ constructed on the Facilities, including, including without limitation, limitation all leasehold improvementsLeasehold Improvements, and all fixtures Fixtures and equipment Equipment and other tangible assets owned, leased or used by the Company Seller at the Facilities are (i) insured to the extent and in a manner customary in the industry, (ii) structurally sound with no known material defects, (iii) in good operating condition and repair, subject to ordinary wear and tear, (iv) not in need of maintenance, repair or correction except for ordinary routine maintenance and repair, the cost of which would not be material, (v) necessary, desirable and appropriate sufficient for the operation of the business of the Company Business as presently conducted and (vi) in conformity with all applicable regulationsRegulations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Tessera Technologies Inc)

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