Condition and Sufficiency of Tangible Assets. The tangible Assets are in reasonably good condition and repair, normal wear and tear excepted, and are adequate for the uses to which they are being put. None of the tangible Assets that are material to the operation of the Business is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost. The tangible Assets are sufficient in all material respects for the continued conduct of the Business after the Closing in substantially the same manner as conducted prior to the Closing.
Appears in 3 contracts
Sources: Stock Purchase Agreement (Willdan Group, Inc.), Stock Purchase Agreement (Willdan Group, Inc.), Stock Purchase Agreement (Willdan Group, Inc.)