Common use of Plant and Machinery Clause in Contracts

Plant and Machinery. The Company's plant and machinery (including fixed plant and machinery) and all equipment, furniture and vehicles taking into account their age and usage are in good repair and condition (fair wear and tear excepted) and in satisfactory working order and none of it is surplus to the Company's requirements.

Appears in 3 contracts

Samples: Agreement for Sale (Brocker Technology Group LTD), Agreement for Sale and Purchase (Brocker Technology Group LTD), Escrow Agreement (Brocker Technology Group LTD)

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Plant and Machinery. The Company's plant and machinery (including fixed plant and machinery) and all equipment, equipment furniture and vehicles taking into account their age and usage are in good repair and condition (fair wear and tear excepted) and in satisfactory working order and none of it is surplus to the Company's requirements.

Appears in 2 contracts

Samples: Escrow Agreement (Brocker Technology Group LTD), Brocker Technology Group LTD

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Plant and Machinery. The Company's plant and machinery (including fixed plant and machinery) and all equipment, furniture and vehicles taking into account their age and usage are in good repair and condition (fair wear and tear excepted) and in satisfactory working order and none of it is surplus to the Company's requirementsorder.

Appears in 1 contract

Samples: Escrow Agreement (Brocker Technology Group LTD)

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