Common use of Buildings and Improvements Clause in Contracts

Buildings and Improvements. The buildings, improvements, loadout facilities, structures and other fixtures, used in the Purchased Business, and located on the Purchased Real Property, are in as good an operating condition and state of repair, normal wear and tear excepted, except as would not reasonably be expected to have a Material Adverse Effect. Except as set forth on Schedule β€Ž3.13 and except as would not reasonably be expected to have a Material Adverse Effect, no Seller or any of its Subsidiaries has received written notice or, to the Knowledge of the Sellers, oral notification (that has not been resolved or abandoned) which states that a Seller or any of its Subsidiaries is, with respect to the Purchased Business, in violation of any applicable building, zoning, subdivision, platting, fire, insurance, safety, health or other Applicable Laws, ordinances or regulations in respect of its inventories, supplies, plants or structures, Purchased Real Property or the operation of any of the foregoing.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Contura Energy, Inc.), Asset Purchase Agreement (Contura Energy, Inc.)

Buildings and Improvements. The buildings, improvements, loadout facilities, structures and other fixtures, used in the Purchased Business, and located on the Purchased Real Property, are in as good an operating condition and state of repair, normal wear and tear excepted, except as would not reasonably be expected to have a Material Adverse Effect. Except as set forth on Schedule β€Ž3.13 3.13 and except as would not reasonably be expected to have a Material Adverse Effect, no Seller or any of its Subsidiaries has received written notice or, to the Knowledge of the Sellers, oral notification (that has not been resolved or abandoned) which states that a Seller or any of its Subsidiaries is, with respect to the Purchased Business, in violation of any applicable building, zoning, subdivision, platting, fire, insurance, safety, health or other Applicable Laws, ordinances or regulations in respect of its inventories, supplies, plants or structures, Purchased Real Property or the operation of any of the foregoing.

Appears in 1 contract

Sources: Asset Purchase Agreement (Alpha Natural Resources, Inc.)