Common use of Tangible Assets Clause in Contracts

Tangible Assets. The Company owns or leases all buildings, machinery, equipment, and other tangible assets necessary for the conduct of its businesses as presently conducted. Each such tangible asset is suitable for the purpose for which it is presently used.

Appears in 9 contracts

Samples: Stock Purchase Agreement (Us Legal Support Inc), 6 Stock Purchase Agreement (Us Legal Support Inc), Employment Agreement (Us Legal Support Inc)

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Tangible Assets. The Company owns or leases all buildings, machinery, equipment, and other tangible assets necessary for the conduct of its businesses as presently conducted. Each such tangible asset is suitable for the purpose for which it is presently is used.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Us Legal Support Inc), Stock Purchase Agreement (Us Legal Support Inc), Stock Purchase Agreement (Us Legal Support Inc)

Tangible Assets. The Company owns or leases all buildings, machinery, equipment, and other tangible assets reasonably necessary for the conduct of its businesses business as presently conducted. Each such tangible asset is suitable for the purpose for which it is presently used.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Uil Holdings Corp), Securities Purchase Agreement (Uil Holdings Corp), Securities Purchase Agreement (Uil Holdings Corp)

Tangible Assets. The Company owns or leases all buildings, machinery, equipment, and other tangible assets reasonably necessary for the conduct of its businesses business as presently conducted and as presently proposed to be conducted. Each such tangible asset is suitable for the purpose for which it is presently used.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (SCM Microsystems Inc)

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Tangible Assets. The Company owns or leases all buildings, machinery, equipment, and other tangible assets necessary for the conduct of its businesses business as presently now conducted. Each such tangible asset is suitable for the purpose for which it is presently used.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nortek Inc)

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