Common use of No Prior Activities Clause in Contracts

No Prior Activities. Other than the obligations created under this Agreement, Acquisition Subsidiary has neither incurred any obligation or liability nor engaged in any business activities of any type or kind whatsoever, and is not obligated under any contracts, claims, leases, liabilities, loans or otherwise.

No Prior Activities. Other than Except for obligations or liabilities incurred in connection with its incorporation or organization or the obligations created under negotiation and consummation of this AgreementAgreement and the transactions contemplated hereby (including any financing), Acquisition Subsidiary has neither not incurred any obligation obligations or liability nor liabilities, and has not engaged in any business or activities of any type or kind whatsoever, and whatsoever or entered into any agreements or arrangements with any person or entity. Acquisition Subsidiary is not obligated under any contracts, claims, leases, liabilities, loans or otherwisea wholly-owned subsidiary of Buyer.

No Prior Activities. Other than the obligations created under this Agreement, Acquisition Subsidiary has neither incurred any obligation or liability nor engaged in any business activities of any type or kind whatsoever, and is not obligated under any contracts, claims, leases, liabilitiesliabilities (contingent or otherwise), loans or otherwise.