Common use of Operations of Merger Sub Clause in Contracts

Operations of Merger Sub. Merger Sub was formed specifically for the Transactions. Since its date of incorporation, Merger Sub has not, and prior to the Effective Time will not have, carried on any business or conducted any operations other than the execution of this Agreement, the performance of its obligations hereunder and matters ancillary thereto and has, and prior to the Effective Time will have, no assets, liabilities or obligations of any nature other than those incident to its formation and pursuant to this Agreement and the Transactions.

Operations of Merger Sub. Merger Sub was formed specifically for the Transactions. Since its date of incorporation, The Merger Sub has notbeen formed solely for the purpose of engaging in the transactions contemplated by this Agreement, and and, prior to the Merger Effective Time Time, the Merger Sub has not and will not have, carried on have engaged in any other business or conducted any operations other than the execution of this Agreement, the performance of its obligations hereunder activities and matters ancillary thereto and has, and prior to the Effective Time will have, have incurred no assets, liabilities or obligations of any nature other than those as contemplated by this Agreement and other immaterial liabilities incident to its formation and pursuant to or the transactions contemplated by this Agreement and the TransactionsAgreement.

Operations of Merger Sub. Merger Sub was has been formed specifically solely for the Transactions. Since its date purpose of incorporationthe Merger, Merger Sub has notnot conducted any business prior to the date hereof and Merger Sub has no, and prior to the Effective Time will not havehave any, carried on any business or conducted any operations other than the execution of this Agreement, the performance of its obligations hereunder and matters ancillary thereto and has, and prior to the Effective Time will have, no assets, liabilities or obligations of any nature other than those incident to its formation and pursuant to this Agreement and the TransactionsMerger and the other transactions contemplated by this Agreement, including the Financing.

Operations of Merger Sub. Merger Sub was formed specifically solely for the purpose of engaging in the Transactions. Since its , and has not conducted any business prior to the date of incorporation, Merger Sub has notthis Agreement and have no, and prior to the Effective Time will not havehave no, carried on any business or conducted any operations other than the execution of this Agreement, the performance of its obligations hereunder and matters ancillary thereto and has, and prior to the Effective Time will have, no assets, liabilities or obligations of any nature other than those incident incidental to its their respective formation and pursuant to this Agreement and the TransactionsAgreement.

Operations of Merger Sub. Merger Sub was formed specifically solely for the purpose of engaging in the Transactions. Since its , and it has not conducted any business prior to the date of incorporation, Merger Sub has not, hereof and prior to the Effective Time will not havehave no, carried on any business or conducted any operations other than the execution of this Agreement, the performance of its obligations hereunder and matters ancillary thereto and has, 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.

Operations of Merger Sub. Merger Sub was has been formed specifically solely for the Transactions. Since its date purpose of incorporationengaging in the transactions contemplated by this Agreement, and, prior to the Effective Time, Merger Sub has not, not and prior to the Effective Time will not have, carried on have engaged in any other business or conducted any operations other than the execution of this Agreement, the performance of its obligations hereunder activities and matters ancillary thereto and has, and prior to the Effective Time will have, have incurred no assets, liabilities or obligations of any nature other than those as contemplated by this Agreement and other immaterial liabilities incident to its formation and pursuant to or the transactions contemplated by this Agreement and the TransactionsAgreement.

Operations of Merger Sub. Merger Sub was formed specifically for the Transactions. Since its date of incorporation, Merger Sub has not, and not conducted any business prior to the Effective Time will not have, carried on any business or conducted any operations other than the execution of this Agreement, the performance of its obligations hereunder and matters ancillary thereto date hereof and has, and prior to the Effective Time will have, no assets, liabilities or obligations of any nature other than those incident to its formation and pursuant to this Agreement and the Transactions.Merger and the other transactions contemplated by this Agreement. Table of Contents

Operations of Merger Sub. Merger Sub was has been formed specifically solely for the Transactions. Since its date purpose of incorporationthe Merger, Merger Sub has notnot conducted any business prior to the date hereof and Merger Sub has no, and prior to the Effective Time will not have, carried on any business or conducted any operations other than the execution of this Agreement, the performance of its obligations hereunder and matters ancillary thereto and has, and prior to the Effective Time will have, no assets, liabilities or obligations of any nature other than those incident to its formation and pursuant to this Agreement and the Merger and the other Transactions, including the Financing.

Operations of Merger Sub. Merger Sub was has been formed specifically solely for the Transactions. Since its purpose of engaging in the Merger and, from the date of incorporationits formation until the Effective Time, Merger Sub has not, not and prior to the Effective Time will not have, carried on have engaged in any business activities or conducted incurred any operations other than the execution of this Agreement, the performance of its obligations hereunder and matters ancillary thereto and has, and prior to the Effective Time will have, no assets, liabilities or obligations of any nature other than those incident to its formation and pursuant to this Agreement other than in connection with the Transaction Documents and the Transactionstransactions contemplated hereby and thereby.

Operations of Merger Sub. Merger Sub was formed specifically solely for the purpose of engaging in the Transactions. Since its , and has not conducted any business prior to the date of incorporation, Merger Sub hereof and has notno, and prior to the Effective Time will not havehave no, carried on any business or conducted any operations other than the execution of this Agreement, the performance of its obligations hereunder and matters ancillary thereto and has, 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 or pursuant to this Agreement or in connection with the Merger and the other Transactions. The Merger Sub does not have any Subsidiaries.

Operations of Merger Sub. Merger Sub was formed specifically for the Transactions. Since its date of incorporation, Merger Sub has notbeen formed solely for the purpose of engaging in the Transactions, and has not conducted any business prior to the date hereof and has no, and prior to the Effective Time will not havehave no, carried on any business asset, liability or conducted any operations other than the execution of this Agreement, the performance of its obligations hereunder and matters ancillary thereto and has, and prior to the Effective Time will have, no assets, liabilities or obligations obligation of any nature other than those incident to its formation and capitalization or pursuant to this Agreement or in connection with the Merger and the other Transactions. Merger Sub does not have any Subsidiary.

Operations of Merger Sub. Merger Sub was formed specifically for the Transactions. Since its date of incorporation, Merger Sub has notbeen formed solely for the purpose of engaging in the Transactions, and has not conducted any business prior to the date hereof and has no, and prior to the Effective Time will not havehave no, carried on any business asset, liability or conducted any operations other than the execution of this Agreement, the performance of its obligations hereunder and matters ancillary thereto and has, and prior to the Effective Time will have, no assets, liabilities or obligations obligation of any nature other than those incident to its formation and capitalization or pursuant to this Agreement or in connection with the Merger and the other Transactions. Merger Sub does not have any Subsidiaries.