Tangible Property. All material Tangible Property of each of the Acquired Companies, wherever located, is, in the aggregate, (i) suitable, in all material respects, for the uses for which it is employed and (ii) in satisfactory operating condition in all material respects (except for ordinary wear and tear).
Appears in 2 contracts
Sources: Merger Agreement (Sungard Data Systems Inc), Merger Agreement (Hte Inc)
Tangible Property. All material Tangible Property of each of the Acquired Companies, wherever located, is, in the aggregate, : (ia) suitable, in all material respects, for the uses for which it is employed and (iib) in satisfactory operating condition in all material respects (except for ordinary wear and tear), other than surplus, obsolete and unwanted assets in the ordinary course of business which has previously been written off as of the Latest Balance Sheet.
Appears in 2 contracts
Sources: Merger Agreement (Superior Consultant Holdings Corp), Merger Agreement (Affiliated Computer Services Inc)
Tangible Property. All Except as set forth in Section 3.10 of the Company Disclosure Letter, all material Tangible Property of each of the Acquired Companies, wherever located, is, in the aggregate, (i) suitable, aggregate and in all material respects, (i) suitable for the uses for which it is employed and (ii) in satisfactory operating condition in all material respects (except for ordinary wear and tear).
Appears in 1 contract
Sources: Merger Agreement (Systems & Computer Technology Corp)
Tangible Property. All material Tangible Property of each of the Acquired Companies, wherever located, is, in the aggregate, (i) suitable, in all material respects, for the uses for which it is employed and (ii) in satisfactory operating condition in all material respects (except for ordinary wear and tear).
Appears in 1 contract
Sources: Merger Agreement (Caminus Corp)