Common use of Improvements and Fixtures Clause in Contracts

Improvements and Fixtures. The Improvements are (i) structurally sound with no known defects; (ii) in good operating condition and repair, subject to ordinary wear and tear; (iii) not in need of maintenance or repair except for ordinary routine maintenance and repair; and (iv) in conformity with all applicable Laws relating thereto currently in effect. All of the Improvements on the Leased Premises are located entirely on such Leased Premises.

Appears in 1 contract

Sources: Merger Agreement (Analex Corp)

Improvements and Fixtures. The To the Knowledge of Company, the Improvements are (i) structurally sound with no known defects; (ii) in good operating condition and repair, subject to ordinary wear and tear; (iii) not in need of maintenance or repair except for ordinary routine maintenance and repair; and (iv) in material conformity with all applicable Laws relating thereto currently in effect. All of the Improvements on the Leased Premises are located entirely on such Leased Premises.

Appears in 1 contract

Sources: Stock Purchase Agreement (Alion Science & Technology Corp)