Common use of Buyer's Operations Clause in Contracts

Buyer's Operations. Buyer has been formed by Crescent and Reckson solely to enter into this Agreement and consummate the Transactions and has not engaged in any business activities or conducted any operations other than in connection with this Agreement and the Transactions.

Appears in 3 contracts

Sources: Merger Agreement (Tower Realty Trust Inc), Merger Agreement (Reckson Associates Realty Corp), Merger Agreement (Reckson Associates Realty Corp)

Buyer's Operations. Buyer has been formed by Crescent and Reckson solely to enter into this Agreement and consummate the Transactions and has not engaged in any business activities or conducted any operations other than in connection with this Agreement and the Transactions.

Appears in 1 contract

Sources: Merger Agreement (Tower Realty Trust Inc)