Common use of Condition of Properties Clause in Contracts

Condition of Properties. All facilities, machinery, equipment, fixtures and other properties owned, leased or used by Parent are in operating condition, subject to ordinary wear and tear, and are adequate and sufficient for the Parent’s existing business.

Appears in 28 contracts

Sources: Merger Agreement (China Grand Resorts, Inc.), Merger Agreement (Precious Investments, Inc.), Merger Agreement (HealthTalk Live, Inc.)

Condition of Properties. All facilities, machinery, equipment, fixtures and other properties owned, leased or used by Parent are in reasonably good operating conditioncondition and repair, subject to ordinary wear and tear, and are adequate and sufficient for the Parent’s existing businesstheir respective businesses.

Appears in 2 contracts

Sources: Merger Agreement (Fona, Inc.), Merger Agreement (Fona, Inc.)

Condition of Properties. All facilities, machinery, equipment, fixtures and other properties owned, leased or used by Parent or its subsidiaries are in operating condition, subject to ordinary wear and tear, and are adequate and sufficient for the Parent’s existing business.

Appears in 1 contract

Sources: Merger Agreement (Global Condiments, Inc.)

Condition of Properties. All facilities, machinery, equipment, fixtures and other properties owned, leased or used by Parent are in operating condition, subject to ordinary wear and tear, and are adequate and sufficient for the Parent’s 's existing business.

Appears in 1 contract

Sources: Merger Agreement (Alkame Holdings, Inc.)