Common use of No Prior Merger Sub Operations Clause in Contracts

No Prior Merger Sub Operations. Merger Sub is a direct, wholly owned subsidiary of Acquirer. Merger Sub was formed solely for the purpose of effecting the Merger and has not engaged in any business activities or conducted any operations other than in connection with the Transactions.

Appears in 3 contracts

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

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

Appears in 2 contracts

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

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No Prior Merger Sub Operations. The Merger Sub is a direct, wholly owned subsidiary of the Acquirer. The Merger Sub was formed solely for the purpose of effecting the Merger and 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 (JanOne Inc.)

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