Common use of Condition of Purchased Assets Clause in Contracts

Condition of Purchased Assets. All of the tangible property included in the Purchased Assets is in good operating condition and repair, ordinary wear and tear excepted, and in the state of maintenance, repair and operating condition required for the proper operation and use thereof in the ordinary and usual course of business by Seller.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Tangoe Inc), Asset Purchase Agreement (Open Solutions Inc)

Condition of Purchased Assets. All of the tangible property included in the Purchased Assets is in good operating condition and repair, ordinary wear and tear excepted, and in the state of maintenance, repair and operating condition required for the proper operation and use thereof in the ordinary and usual course of business by Sellerbusiness.

Appears in 1 contract

Sources: Asset Purchase Agreement (Open Solutions Inc)

Condition of Purchased Assets. All Except as set forth on Schedule 3.5, all of the tangible property included in the Purchased Assets is in good operating condition and repair, ordinary wear and tear excepted, and and, to Seller Parties' Knowledge, in the state of maintenance, repair and operating condition required for the proper operation and use thereof in the ordinary and usual course of business by Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Open Solutions Inc)

Condition of Purchased Assets. All of the tangible personal property included in the Purchased Assets which is material to the conduct of the Business is in good operating condition and repair, ordinary wear and tear excepted, and in the state of maintenance, repair and operating condition required for the proper operation and use thereof in the ordinary and usual course of business by SellerSellers.

Appears in 1 contract

Sources: Asset Purchase Agreement (Tangoe Inc)

Condition of Purchased Assets. All of the tangible property included in the Purchased Assets is in good operating condition and repair, ordinary wear and tear excepted, and in the state of maintenance, repair and operating condition required for the proper operation and use thereof in the ordinary and usual course of business by each Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Tangoe Inc)