Condition of Properties. All facilities, machinery, equipment, fixtures, vehicles and other properties owned, leased or used by the Company and its Subsidiaries are reasonably fit and usable for the purposes for which they are being used, are adequate and sufficient for the Company's or such Subsidiary's business and conform in all material respects with all applicable ordinances, regulations and laws.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Sonus Corp), Securities Purchase Agreement (Healthcare Capital Corp), Securities Purchase Agreement (Warburg Pincus Ventures Lp)
Condition of Properties. All facilities, machinery, equipment, fixtures, vehicles and other properties owned, leased or used by the Company and its Subsidiaries are in good operating condition and repair, are reasonably fit and usable for the purposes for which they are being used, are adequate and sufficient for the Company's or such Subsidiary's business Company and its Subsidiaries' respective businesses and conform in all material respects with all applicable ordinances, regulations and lawsLaws.
Appears in 4 contracts
Samples: Share Purchase Agreement (El Sitio Inc), Share Purchase Agreement (El Sitio Inc), Stock Purchase Agreement (El Sitio Inc)
Condition of Properties. All facilities, machinery, equipment, fixtures, vehicles and other properties owned, leased or used by the Company and its Subsidiaries are in good operating condition and repair, are reasonably fit and usable for the purposes for which they are being used, are adequate and sufficient for the Company's or such Subsidiary's business and conform in all material respects with all applicable ordinances, regulations and laws.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Micro Investment LLC), Securities Purchase Agreement (Micro Therapeutics Inc)
Condition of Properties. All The facilities, machinery, equipment, fixtures, vehicles and other properties owned, leased or which are used by the Company in its business as presently conducted, are in good operating condition and its Subsidiaries repair, are reasonably fit and usable for the purposes for which they are being used, are adequate and sufficient for the Company's or such Subsidiary's business businesses and conform in all material respects with all applicable ordinances, regulations and laws, except where such failure to conform could not reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Stockholders Agreement (Aironet Wireless Communications Inc), Subscription Agreement (Telxon Corp)
Condition of Properties. All facilities, machinery, equipment, fixtures, vehicles and other properties owned, leased or used by the Company are in good operating condition and its Subsidiaries repair, are reasonably fit and usable for the purposes for which they are being used, are adequate and sufficient for the Company's or such Subsidiary's business and conform in all material respects with all applicable ordinances, regulations and laws.
Appears in 2 contracts
Samples: Preferred Stock and Warrant Purchase Agreement (Cellomics Inc), Series C Preferred Stock Purchase Agreement (Cellomics Inc)
Condition of Properties. All facilities, machinery, equipment, fixtures, vehicles and other properties owned, leased or used by the Company and its Subsidiaries each Subsidiary are in good operating condition and repair, ordinary wear and tear excepted, are reasonably fit and usable for the purposes for which they are being used, are adequate and sufficient for the Company's or such and each Subsidiary's business businesses and conform in all material respects with all applicable ordinances, regulations and laws.
Appears in 2 contracts
Samples: Series a Preferred Stock and Warrant Purchase Agreement (Visalia Trust), Preferred Stock and Warrant Purchase Agreement (Telantis Venture Partners v Inc)
Condition of Properties. All facilities, machinery, equipment, ------------------------- fixtures, vehicles and other properties owned, leased or used by the Company and its Subsidiaries are in good operating condition and repair, are reasonably fit and usable for the purposes for which they are being used, are adequate and sufficient for the Company's or such Subsidiary's business Company and its Subsidiaries respective businesses and conform in all material respects with all applicable ordinances, regulations and lawsLaws.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Xa, Inc.), Securities Purchase Agreement (Xa, Inc.)
Condition of Properties. All facilities, machinery, equipment, fixtures, vehicles and other properties owned, leased or used by the Company and its Subsidiaries Subsidiary are in good operating condition and repair, are reasonably fit and usable for the purposes for which they are being used, are adequate and sufficient for the Company's or such and Subsidiary's business businesses and conform in all material respects with all applicable ordinances, regulations and laws.
Appears in 1 contract
Samples: Series a Preferred Stock Purchase Agreement (Softlock Com Inc)
Condition of Properties. All facilities, machinery, ------------------------- equipment, fixtures, vehicles and other properties owned, leased or used by the Company and its Subsidiaries are in good operating condition and repair, are reasonably fit and usable for the purposes for which they are being used, are adequate and sufficient for the Company's or such Subsidiary's business Company and its Subsidiaries respective businesses and conform in all material respects with all applicable ordinances, regulations and lawsLaws.
Appears in 1 contract
