Common use of Operating Condition Clause in Contracts

Operating Condition. All of the tangible material Assets are in operating condition and sufficient state of repair to operate the Business as presently conducted by the Company, and is inspected, maintained and operated in conformity with all Applicable Law.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Find SVP Inc), Stock Purchase Agreement (Langer Inc)

Operating Condition. All of the tangible material Assets are in operating condition and sufficient state of repair to operate the Business as presently conducted by the CompanyConsolidated Companies, and is inspected, maintained and operated in conformity with all Applicable Law.

Appears in 1 contract

Sources: Stock Purchase Agreement (Find SVP Inc)

Operating Condition. All of the tangible material Assets assets used in the Business are in operating condition and in a sufficient state of repair to operate the Business as presently conducted by the Company, and is are inspected, maintained and operated in conformity with all Applicable Law.

Appears in 1 contract

Sources: Stock Purchase Agreement (Find SVP Inc)