Common use of STATE AND CONDITION Clause in Contracts

STATE AND CONDITION. All buildings and structures comprised in the Properties: (a) are in good repair and condition and so far as the Sellers are aware, there are no structural or material defects in them; and (b) have not been the subject of flooding or material drainage defects.

Appears in 2 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement (Sally Beauty Holdings, Inc.)