Common use of Condition of the Business Clause in Contracts

Condition of the Business. All material assets used in the conduct of the Business are in good operating condition and repair and are fully usable in the ordinary course thereof, reasonable wear and tear excepted.

Appears in 13 contracts

Samples: Credit and Security Agreement (Elcom International Inc), Credit and Security Agreement (Elek Tek Inc), Loan and Security Agreement (Western Power & Equipment Corp)

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Condition of the Business. All material assets used in the ---------------------------- conduct of the Business are in good operating condition and repair and are fully usable in the ordinary course thereof, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Credit and Security Agreement (Pomeroy Computer Resources Inc)

Condition of the Business. All material assets used 'in the conduct of the Business are in good operating condition and repair and are fully usable in the ordinary course thereof, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Loan and Security Agreement (Western Power & Equipment Corp)

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Condition of the Business. All Except as set forth on Exhibit 8.15, all material assets used in the conduct of the Business are in good operating condition and repair and are fully usable in the ordinary course thereof, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Business Credit and Security Agreement (Government Technology Services Inc)

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