Common use of Assets in Good Condition Clause in Contracts

Assets in Good Condition. All material physical Frankly business assets are in good operating condition and in a state of good maintenance and repair having regard to the use to which the assets are put and the age thereof, normal wear and tear excepted.

Appears in 1 contract

Sources: Acquisition Agreement (Torque Esports Corp.)

Assets in Good Condition. All material physical Frankly business assets Business Assets are in good operating condition and in a state of good maintenance and repair having regard to the use to which the assets are put and the age thereof, normal wear and tear excepted.

Appears in 1 contract

Sources: Business Combination Agreement (Torque Esports Corp.)