Common use of No Prior Merger Sub Operations Clause in Contracts

No Prior Merger Sub Operations. Merger Sub is an entity newly formed for the purpose of participating in the Merger and is a wholly-owned subsidiary of Parent, and at no time before the Effective Time has the Merger Sub had assets (other than nominal assets contributed upon the formation of the Merger Sub) or business operations.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Alphatec Holdings, Inc.), Agreement and Plan of Merger (ZAGG Inc)

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No Prior Merger Sub Operations. Merger Sub is an entity newly a direct, wholly owned subsidiary of Acquirer. Merger Sub was formed solely for the purpose of participating in effecting the Merger and is a wholly-owned subsidiary of Parent, and at no time before the Effective Time has the Merger Sub had assets (not engaged in any business activities or conducted any operations other than nominal assets contributed upon in connection with the formation of the Merger Sub) or business operationsTransactions.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Versus Systems Inc.), Agreement and Plan of Merger (Versus Systems Inc.)

No Prior Merger Sub Operations. The Merger Sub is an entity newly a direct, wholly owned subsidiary of the Acquirer. The Merger Sub was formed solely for the purpose of participating in effecting the Merger and is a wholly-owned subsidiary of Parent, and at no time before the Effective Time has the Merger Sub had assets (not engaged in any business activities or conducted any operations other than nominal assets contributed upon in connection with the formation of the Merger Sub) or business operationsTransactions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (JanOne Inc.)

No Prior Merger Sub Operations. Merger Sub is an entity newly a wholly owned Subsidiary of Parent. Merger Sub was formed solely for the purpose of participating in effecting the Merger and is a wholly-owned subsidiary of Parent, and at no time before the Effective Time has the Merger Sub had assets (not engaged in any business activities or conducted any operations other than nominal assets contributed upon in connection with the formation of the Merger Sub) or business operationsTransactions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Remitly Global, Inc.)

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No Prior Merger Sub Operations. Merger Sub is an entity newly a direct, wholly owned subsidiary of Acquirer. Merger Sub was formed solely for the purpose of participating in effecting the Merger and is a wholly-owned subsidiary of Parent, and at no time before the Effective Time has the Merger Sub had assets (not engaged in 52 any business activities or conducted any operations other than nominal assets contributed upon in connection with the formation of the Merger Sub) or business operationsTransactions.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Sentinel Labs, Inc.)

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