Common use of Condition of Assets Clause in Contracts

Condition of Assets. All material tangible personal property used by the Purchaser in or in connection with the Purchaser Business or any part thereof is in good operating condition, repair and proper working order, having regard to its use and age, except only for reasonable wear and tear.

Appears in 4 contracts

Sources: Share Purchase Agreement (Aralez Pharmaceuticals Inc.), Share Purchase Agreement (Aralez Pharmaceuticals Inc.), Share Purchase Agreement (Aralez Pharmaceuticals Inc.)

Condition of Assets. All material tangible personal property used by the Purchaser Corporation in or in connection with the Purchaser Business or any part thereof is in good operating condition, repair and proper working order, having regard to its use and age, except only for reasonable wear and tear.

Appears in 4 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement, Share Purchase Agreement

Condition of Assets. All material tangible personal property used by included in the Purchaser in or in connection with the Purchaser Business or any part thereof Purchased Assets is in good operating condition, repair and proper working order, having regard to its use and age, except only for reasonable wear and tear.

Appears in 3 contracts

Sources: Asset Purchase Agreement (SunOpta Inc.), Asset Purchase Agreement, Asset Purchase Agreement (SunOpta Inc.)

Condition of Assets. All material tangible personal property used by the Purchaser in or in connection with the Purchaser Business or any part thereof is in good operating condition, repair and proper working order, having regard to its the use and ageage thereof, except only for reasonable wear and tear.

Appears in 2 contracts

Sources: Acquisition Agreement (FOCUS GOLD Corp), Share Purchase Agreement (Gold Bag, Inc.)

Condition of Assets. All material tangible personal property used by included in the Purchaser in or in connection with the Purchaser Business or any part thereof Purchased Assets is in good operating condition, repair and proper working order, having regard to its use and age, except only for reasonable wear and teartear and where otherwise would not have a Material Adverse Effect.

Appears in 1 contract

Sources: Asset Purchase Agreement (Teamupsport Inc.)

Condition of Assets. All material tangible personal property used by the Purchaser Company in or in connection with the Purchaser Business its business or any part thereof thereof, is and as of the Closing Date will be in good operating condition, repair and proper working order, having regard to its use and age, except only for reasonable wear and tear.

Appears in 1 contract

Sources: Purchase Agreement (MusclePharm Corp)

Condition of Assets. All material tangible personal property used by included in the Purchaser in or in connection with the Purchaser Business or any part thereof Assets is in good operating condition, repair and proper working order, having regard to its use and age, except only for reasonable wear and tear.

Appears in 1 contract

Sources: Asset Purchase Agreement (Aviat Networks, Inc.)