Property and Equipment. The property and equipment as shown on its most recent consolidated balance sheet are in good operating condition and in a state of good maintenance and repair. The use of its real property conforms in all material respects with applicable ordinances, regulations, zoning, or building codes, and other applicable laws.
Appears in 2 contracts
Samples: Agreement and Plan of Exchange (Mega Group Inc), Agreement and Plan of Share Exchange (Specialty Retail Services Inc)
Property and Equipment. The property and equipment as shown on its most recent consolidated balance sheet are in good operating condition and in a state of good maintenance repair, reasonable wear and repairtear excepted. The use of its real property conforms in all material respects with applicable ordinances, regulations, zoning, or building codes, and other applicable laws.
Appears in 2 contracts
Samples: Agreement and Plan of Share Exchange (Leisure Travel Group Inc), Agreement and Plan of Share Exchange (Leisure Travel Group Inc)
