Common use of No Prior Merger Sub Operations Clause in Contracts

No Prior Merger Sub Operations. The Merger Subs are direct, wholly owned Subsidiaries of Parent. The Merger Subs were formed solely for the purpose of effecting the Merger and have not engaged in any business activities or conducted any operations other than in connection with the Transactions.

Appears in 1 contract

Samples: Merger Agreement (Bill.com Holdings, Inc.)

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No Prior Merger Sub Operations. The Merger Subs are direct, Sub is a wholly owned Subsidiaries Subsidiary of Parent. The Merger Subs were Sub was formed solely for the purpose of effecting the Merger and have has not engaged in any business activities or conducted any operations other than in connection with the Transactions.

Appears in 1 contract

Samples: Merger Agreement (Remitly Global, Inc.)

No Prior Merger Sub Operations. The Merger Subs are direct, wholly owned Subsidiaries of Parent. The Merger Subs were Sub was formed solely for the purpose of effecting the Merger and have has not engaged in any business activities or conducted any operations other than in connection with the Transactionstransactions contemplated hereby. Prior to the Effective Time, Merger Sub will not have engaged in any other business activities or incurred any liabilities or obligations except as contemplated by this Agreement. All of the issued and outstanding capital stock of Merger Sub is, and as of the Effective Time will be, owned by Parent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Merit Medical Systems Inc)

No Prior Merger Sub Operations. The Each Merger Subs are direct, wholly owned Subsidiaries of Parent. The Merger Subs were Sub was formed solely for the purpose of effecting the Merger and have has not engaged in any business activities or conducted any operations other than in connection with the Transactionstransactions contemplated hereby. Parent is the sole stockholder of Merger Sub I and the sole member of Merger Sub II.

Appears in 1 contract

Samples: Merger Agreement (Neumora Therapeutics, Inc.)

No Prior Merger Sub Operations. The Merger Subs are direct, wholly owned Subsidiaries subsidiaries of Parent. The Merger Subs were formed solely for the purpose of effecting the Merger and have not engaged in any business activities or conducted any operations other than in connection with the Transactions.

Appears in 1 contract

Samples: Merger Agreement (Bill.com Holdings, Inc.)

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No Prior Merger Sub Operations. The Merger Subs are direct, wholly owned Subsidiaries of Parent. The Merger Subs were Sub was formed solely for the purpose of effecting the Merger and have has not engaged in any business activities or conducted any operations other than in connection with the Transactionstransactions contemplated hereby. Merger Sub is, and as of the Closing, will be, a subsidiary of Parent and all of the issued and outstanding stock of Merger Sub will be held and owned by Parent.

Appears in 1 contract

Samples: Merger Agreement (VistaGen Therapeutics, Inc.)

No Prior Merger Sub Operations. The Merger Subs are direct, wholly owned Subsidiaries of Parent. The Merger Subs were Sub was formed solely for the purpose of effecting the Merger and have has not engaged in any business activities or conducted any operations other than in connection with the Transactions. Prior to the Effective Time, Merger Sub will not have engaged in any other business activities or incurred obligations or other Liabilities except as contemplated by this Agreement. All of the issued and outstanding capital stock of Merger Sub is, and as of the Effective Time will be, owned by Parent.

Appears in 1 contract

Samples: Merger Agreement (Bioventus Inc.)

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