Common use of No Activities Clause in Contracts

No Activities. Merger Sub was formed solely for the purpose of engaging in the Merger. Except for obligations or liabilities incurred in connection with its incorporation or organization and the transactions contemplated by this Agreement, Merger Sub does not have any obligations or liabilities of any nature (whether accrued, absolute, contingent or otherwise) and has not engaged in any business activities of any type or kind whatsoever or entered into any agreements or arrangements with any person.

No Activities. Merger Sub was will be formed solely for the purpose of engaging in the Merger. Except for obligations or liabilities incurred in connection with its incorporation or organization and the transactions contemplated by this Agreement, Merger Sub does will not have any obligations or liabilities of any nature (whether accrued, absolute, contingent or otherwise) and has will not engaged engage in any business activities of any type or kind whatsoever or entered enter into any agreements or arrangements with any person.