Certain Personal Property. Schedule 4.8 is a list of all fixed Assets of each Company Group Member having a carrying value of at least $10,000. Except as specified in Schedule 4.8, since the Balance Sheet Date, no Company Group Member has acquired any items of tangible personal property that have a carrying value in excess of $10,000. All of such personal property included in Schedule 4.8 is, and any such personal property acquired after the date hereof in accordance with Section 6.1 will be, usable in the ordinary course of business, and conforms and will conform with any applicable Laws relating to its construction, use and operation. Except for those items subject to the Non-Real Estate Leases, no Person other than the Company Group Members owns any vehicles, equipment or other tangible assets located on the Real Property that have been used in the Business or that are necessary for the operation of the Business.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Air Products & Chemicals Inc /De/), Stock Purchase Agreement (Air Products & Chemicals Inc /De/)