Sufficiency and Condition of Assets. The Company Assets are adequate to conduct the Business as it is presently being conducted, and will be adequate to enable Buyer to continue to conduct the Business as it is presently being conducted. The Company Assets are in good operating condition and repair, normal wear and tear excepted, are suitable for the uses intended therefor, are free from any latent defects and have been maintained in accordance with normal industry practice.
Appears in 4 contracts
Sources: Membership Interest Purchase Agreement (Scienture Holdings, Inc.), Membership Interest Purchase Agreement (Assure Holdings Corp.), Membership Interest Purchase Agreement (TRxADE HEALTH, INC)
Sufficiency and Condition of Assets. The Company Assets are adequate to conduct the Business as it is presently being conducted, conducted and will be adequate to enable Buyer to continue to conduct the Business as it is presently being conducted. The Company Assets are in good operating condition and repair, normal wear and tear excepted, are suitable for the uses intended therefor, are free from any latent defects and have been maintained in accordance with normal industry practice.
Appears in 1 contract
Sources: Stock Purchase Agreement (Scienture Holdings, Inc.)