Merger Subs. (a) Merger Sub Inc. is a direct, wholly owned subsidiary of Parent that was formed solely for the purpose of engaging in the First Company Merger. Since the date of its incorporation and prior to the Effective Time, Merger Sub Inc. has not engaged in any activities other than the execution of this Agreement, the performance of its obligations hereunder, and matters ancillary thereto, and prior to the Effective Time will have no assets, liabilities or obligations of any nature other than those incident to its formation and pursuant to this Agreement and the First Company Merger.
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Samples: Agreement and Plan of Merger (Pioneer Energy Services Corp), Agreement and Plan of Merger (Patterson Uti Energy Inc), Agreement and Plan of Merger (Patterson Uti Energy Inc)
Merger Subs. (a) Each Merger Sub Inc. is a direct, wholly wholly-owned subsidiary of Parent that was formed solely specifically for the purpose of engaging in the First Company Merger. Since the date of its incorporation Mergers and that has not conducted any business or acquired any property, and will not conduct any business or acquire any property prior to the Effective TimeClosing Date, Merger Sub Inc. has not engaged except in any activities other than preparation for and otherwise in connection with the execution of this AgreementTransactions, the performance Certificates of its obligations hereunder, Merger and matters ancillary thereto, and prior the other agreements to the Effective Time will have no assets, liabilities or obligations of any nature other than those incident to its formation and be made pursuant to or in connection with this Agreement and the First Company Certificates of Merger.
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