Conduct Since Incorporation. Since incorporation, the Target has not engaged in any business enterprise or other activity other than the Target Business.
Conduct Since Incorporation. Since incorporation, the Target has not engaged in any business enterprise or other activity other than the Target Business and has no liabilities as of the date hereof and as at the closing date other than as incurred in the normal course of business. On the closing date, the Target will have positive working capital and no liabilities.