Common use of Operations of Merger Sub Clause in Contracts

Operations of Merger Sub. Merger Sub, as a direct, wholly-owned Subsidiary of Parent, was formed solely for the purpose of engaging in the Transactions, and it has not conducted any business prior to the date hereof and has no, and prior to the Effective Time will have no, assets, liabilities or obligations of any nature other than those incident to its formation and capitalization and pursuant to this Agreement and the Merger and the other Transactions.

Appears in 3 contracts

Samples: Merger Agreement (Sequoia Capital China I Lp), Merger Agreement (Le Gaga Holdings LTD), Merger Agreement (Chiu Na Lai)

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Operations of Merger Sub. Merger Sub, as Sub is a direct, wholly-wholly owned Subsidiary of Parent, was formed solely for the purpose of engaging in the Transactions, and it has not conducted any business prior to the date hereof and has no, and prior to the Effective Time will have no, assets, liabilities or obligations of any nature other than those incident to its formation and capitalization and pursuant to this Agreement and the Merger and the other Transactions. Parent has no Subsidiaries other than Merger Sub.

Appears in 2 contracts

Samples: Merger Agreement (China Hydroelectric Corp), Merger Agreement (NewQuest Asia Fund I, L.P.)

Operations of Merger Sub. Merger Sub, Sub is as of the date hereof a direct, wholly-wholly owned Subsidiary subsidiary of Parent, and will be as of the Effective Time an indirect wholly owned subsidiary of Parent, was formed solely for the purpose of engaging in the Transactions, and it has not conducted any engaged in no other business prior to the date hereof activities and has noconducted its operations only as contemplated by this Agreement, and prior to the Effective Time will have no, assets, has no liabilities or nor obligations of any nature other than those incident to its formation and capitalization and pursuant to as set forth in this Agreement and the Merger and the other TransactionsAgreement.

Appears in 1 contract

Samples: Merger Agreement (Devcon International Corp)

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Operations of Merger Sub. Merger Sub, as Sub is a direct, wholly-wholly owned Subsidiary subsidiary of Parent, was formed solely for the purpose of engaging in the Contemplated Transactions. Merger Sub does not, and it will not prior to Closing, own, or have the right to own, any assets, including, tangible and intangible, personal and real property. Merger Sub has never engaged in, and will not conducted engage in prior to Closing, any business activities, and Merger Sub has never owned, and, will not prior to the date hereof and has noown, and prior to the Effective Time will have no, any assets, liabilities or obligations of any nature other than those incident to its formation and capitalization and pursuant to this Agreement and the Merger and the other Transactions.

Appears in 1 contract

Samples: Merger Agreement (Autovative Products Inc)

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