Common use of Repairs or Replacements Clause in Contracts

Repairs or Replacements. To the Company’s Knowledge, (i) there are no material repairs or replacements that are necessary as of the date hereof with respect to the buildings or other structures, facilities, improvements, fixtures and building systems forming part of the Real Property and (ii) the Real Property is in a good state of repair and operating order having regard to its age and the use to which it is put.

Appears in 2 contracts

Sources: Stock and Membership Interest Purchase Agreement, Stock and Membership Interest Purchase Agreement (Cott Corp /Cn/)