Business of Merger Sub. Merger Sub is not and has never been a party to any material agreements and has not conducted any activities other than in connection with the organization of Merger Sub, the issuance of Merger Sub Common Stock, the negotiation and execution of this Agreement and the consummation of the transactions contemplated hereby. Merger Sub has not incurred or assumed any expenses or liabilities prior to the Closing.
Business of Merger Sub. Merger Sub was formed solely for the purpose of engaging in the transactions contemplated by this Agreement, has engaged in no other business activities and has conducted its operations only as contemplated by this Agreement.
Business of Merger Sub. Merger Sub is a newly-formed corporation formed for the sole purposes of consummating the Merger, and does not (nor has it ever had) more than nominal assets. Since its formation, other than this Agreement and the Transaction Documents, Merger Sub is not a party to any material agreements and has not conducted any activities other than in connection with the organization of Merger Sub, the issuance of Merger Sub Common Stock to PubCo, the negotiation and execution of this Agreement and the consummation of the transactions contemplated hereby. Merger Sub has not incurred or assumed any expenses or liabilities prior to the Closing, other than expenses related to its formation and good standing in the state of its formation.
Business of Merger Sub. Prior to and through the Effective Date, Merger Sub shall not conduct any operating business, become a party to any agreements, or incur any liabilities or obligations. None of the warranties made herein with respect to the authority of SVCC to enter into this agreement and its compliance with the procedural requirements attendant thereto will be untrue with respect to Merger Sub as of the Closing Date.
Business of Merger Sub. Prior to the date hereof, Merger Sub (i) has not conducted any material business other than the Merger and activities related and incident thereto, (ii) has not, nor has ever had any employees, (iii) does not have any Liabilities except for (x) obligations and Liabilities imposed by Law and (y) obligations incurred in connection with the Merger and activities related and incident thereto.
Business of Merger Sub. Merger Sub was organized solely for the purpose of acquiring the Company and engaging in the transactions contemplated by this Agreement and has not engaged in any business since it was incorporated which is not in connection with the acquisition of the Company and this Agreement. During the period from the date of this Agreement through the Effective Time, Merger Sub shall not engage in any activities of any nature except as provided in or contemplated by this Agreement.
Business of Merger Sub. Prior to the date of this Agreement, Merger Sub has not conducted any business except business that is related to its formation and in connection with the transactions contemplated by this Agreement.
Business of Merger Sub. Merger Sub was organized on May 31, 2000 solely for the purpose of enabling Parent to acquire the Company Stock (including the transactions provided in this Agreement) and has not engaged in any business or activities of any nature since it was incorporated. During the period from the date of this Agreement through the Effective Time, Merger Sub shall not engage in any business or any activities of any nature which are not solely for the purpose of enabling Parent to acquire Company Stock and provided in or contemplated by this Agreement.
