Examples of Tangibles in a sentence
Within sixty (60) days after Closing, Purchaser shall remove Vendor’s name from all signs and remove any other items indicating ownership by Vendor located on, at or near any Xxxxx or Tangibles.
To Seller's Knowledge, the Tangibles: (i) have been constructed and operated in accordance with generally accepted oil and gas field practices in Alberta; and (ii) are in good and operable condition, reasonable wear and tear excepted, and except as would not have a Material Adverse Effect.
Vendor shall have no liability to Purchaser for any of the Purchaser’s Losses and Liabilities as a result of Purchaser not being designated as the operator of the Lands or the Tangibles operated by Vendor prior to Closing.
If Purchaser fails to remove Vendor’s name from such signs or to remove such other items in respect of any such Xxxxx or Tangibles within such period, then Vendor shall have the right, but not the obligation, to remove same and Purchaser shall reimburse Vendor for all reasonable costs incurred by Vendor in doing so.
Tangibles consist of physical facilities, equipment, and staff appearance.