Common use of Buyer Sub Clause in Contracts

Buyer Sub. (a) Upon its formation, Buyer Sub will be a corporation, duly organized, validly existing and in good standing under the laws of Massachusetts, all of the outstanding capital stock of which is, or will be prior to the Effective Time, owned directly or indirectly by Buyer free and clear of any lien, charge or other encumbrance. From and after its incorporation, Buyer Sub has not and will not engage in any activities other than in connection with or as contemplated by this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Safety Fund Corp), Agreement and Plan of Merger (CFX Corp), Agreement and Plan of Merger (CFX Corp)

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Buyer Sub. (a) Upon its formation, Buyer Sub will be a corporation, duly organized, validly existing and in good standing under the laws of MassachusettsDelaware, all of the outstanding capital stock of which is, or will be prior to the Effective Time, owned directly or indirectly by Buyer free and clear of any lien, charge or other encumbrance. From and after its incorporation, Buyer Sub has not and will not engage in any activities other than in connection with or as contemplated by this Agreement.

Appears in 3 contracts

Samples: Merger Agreement, Merger Agreement (Pc Connection Inc), Merger Agreement (Cyberian Outpost Inc)

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Buyer Sub. (a) Upon its formation, Buyer Sub will be is a corporation, duly organized, validly existing and in good standing under the laws of MassachusettsDelaware, all of the outstanding capital stock of which is, or will be prior to the Effective Time, owned directly or indirectly by the Buyer free and clear of any lienLien, charge or other encumbrance. From and after its incorporation, Buyer Sub has not and will not engage in any activities other than in connection with or as contemplated by this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Cyberian Outpost Inc)

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