Common use of Availability of Assets Clause in Contracts

Availability of Assets. The assets currently owned by the Buyer constitute all of the assets which are now being used, and which are necessary, in the conduct of the business of the Buyer. Such assets are in good operating condition and repair, reasonable wear and tear excepted.

Appears in 2 contracts

Sources: Purchase Agreement (Futurelink Distribution Corp), Purchase Agreement (Futurelink Distribution Corp)