Common use of Plant and Equipment Clause in Contracts

Plant and Equipment. Except as set forth in Section 4.15 of the Disclosure Schedule, the plants, structures and equipment owned or used by the Business and each Seller's Domestic Subsidiary and to the Knowledge of Seller with respect to the Seller's Foreign Subsidiaries, have no known defects and, to the Knowledge of Seller are in good operating condition and repair and are adequate for the uses to which they are being put. To the Knowledge of Seller, none of such plants, structures or equipment are in need of maintenance or repairs except for ordinary, routine maintenance and repairs which are not material in nature or cost. Neither Seller (with respect to the Business) nor any Seller's Domestic Subsidiary, nor to Seller's Knowledge with respect to the Seller's Foreign Subsidiaries, has received notification that it is in violation of any applicable building, zoning, health or other law, ordinance or regulation in respect of its stores, plants or structures or their operations or the Real Property.