Common use of Good Condition Clause in Contracts

Good Condition. Except as set forth on the attached Schedule 4.11, to the knowledge of Seller, all facilities used in connection with the operation of the Business, all of the Assets and all of the Leased Personal Property are currently operating for their respective intended uses and need no major repairs.

Appears in 1 contract

Sources: Asset Purchase Agreement (Harvard Bioscience Inc)

Good Condition. Except as set forth on in the attached Schedule 4.11, to the knowledge of Seller3.11, all facilities used in connection with the operation of the Business, all of the Assets and all of the Leased Personal Property are currently operating for their respective intended uses and need no major repairs.

Appears in 1 contract

Sources: Merger Agreement (Newtek Business Services Inc)

Good Condition. Except as set forth on in the attached Schedule 4.11, to the knowledge of Seller, all facilities used in connection with the operation of the Business, all of the Assets and all of the Leased Personal Property are currently operating for their respective intended uses and need no major repairs.

Appears in 1 contract

Sources: Merger Agreement (Bingham Financial Services Corp)