Good Working Order. All of the Sale Assets are in good working order, reasonable wear and tear excluded. Seller has not engaged in deferred maintenance of the Sale Assets. All of the Sale Assets have been properly maintained to function as part of a data center. The Sale Assets together are necessary and sufficient to operate a data center in compliance with applicable laws. The Seller has disclosed its capital expenditure budget.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Bare Metal Standard Inc.), Asset Purchase Agreement (Bare Metal Standard Inc.)