No Assets Sample Clauses

No Assets. As of the Closing, Parent will not have any assets or operations of any kind, except as identified in the most recent balance sheet and notes thereto of Parent Financial Statements and as included in Parent Disclosure Schedule.
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No Assets. As of the Closing, the Company will not have any assets (“Assets”) or operations of any kind, except as identified in the Disclosure Schedule.
No Assets. Denali does not own, lease or use any assets or properties other than the Denali Contracts and the Denali Licenses.
No Assets. As of the Closing, Parent will not have any assets or operations of any kind, except as identified in the most recent balance sheet and notes thereto included in the Parent SEC Documents or the Parent Disclosure Schedule. Except as set forth in the Parent Disclosure Schedule, Parent has good and marketable title to all of its Assets, free and clear of any and all Liens, other than (I) liens securing specific Liabilities shown on the Balance Sheet with respect to which no breach, violation or default exists; (ii) mechanics', carriers', workers' or other like liens arising in the ordinary course of business; (iii) minor imperfections of title that do not individually or in the aggregate, impair the continued use and operation of the Assets to which they relate in the operation of Parent as currently conducted; and (iv) liens for current taxes not yet due and payable or being contested in good faith by appropriate proceedings ("Permitted Liens").
No Assets. As of the Closing, Discovery will not have any assets or operations of any kind, except as identified in the most recent balance sheet and notes thereto included in the Discovery SEC Reports or the Discovery Disclosure Schedule.
No Assets. KAIR has no assets or operations, except as identified in the KAIR Disclosure Schedule.
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No Assets. Med-X and the Subsidiary will have no assets at ---------- the Effective Date.
No Assets. The Shareholder Agent has no material assets, liabilities or operations and was formed solely to enter into the transactions contemplated hereby
No Assets. As of the Closing, the Company has no assets ("Assets") or operations of any kind. The Sellers make representation that disclosure contained under this Section is true and accurate. No exemptions applicable to this Section.
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