Common use of Tangible Property Clause in Contracts

Tangible Property. All material Tangible Property of each of the Acquired Companies, wherever located, is, in the aggregate: (a) suitable, in all material respects, for the uses for which it is employed and (b) in satisfactory operating condition (except for ordinary wear and tear), other than surplus, obsolete and unwanted assets in the ordinary course of business which has previously been written off as of the Latest Balance Sheet.

Tangible Property. All material Tangible Property of each of the Acquired Companies, wherever located, is, in the aggregate: , (ai) suitable, in all material respects, for the uses for which it is employed and (bii) in satisfactory operating condition in all material respects (except for ordinary wear and tear), other than surplus, obsolete and unwanted assets in the ordinary course of business which has previously been written off as of the Latest Balance Sheet.

Tangible Property. All material Tangible Property of each of the Acquired Companies, wherever located, is, in the aggregate: , (ai) suitable, in all material respects, for the uses for which it is employed and (bii) in satisfactory operating condition (except for ordinary wear and tear), other than surplus, obsolete and unwanted assets in the ordinary course of business which has previously been written off as of the Latest Balance Sheet.

Tangible Property. All Except as set forth in Section 3.10 of the Company Disclosure Letter, all material Tangible Property of each of the Acquired Companies, wherever located, is, in the aggregate: (a) suitable, aggregate and in all material respects, (i) suitable for the uses for which it is employed and (bii) in satisfactory operating condition (except for ordinary wear and tear), other than surplus, obsolete and unwanted assets in the ordinary course of business which has previously been written off as of the Latest Balance Sheet.