Common use of Operations of Parent and Merger Sub Clause in Contracts

Operations of Parent and Merger Sub. Parent and Merger Sub were formed solely for the purpose of engaging in the Transactions (including the contribution of the Rollover Shares), and each of Parent and Merger Sub 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.

Operations of Parent and Merger Sub. Each of Parent and Merger Sub were formed solely for the purpose of engaging in the Transactions (including the contribution of the Rollover Shares)Transactions, and each of Parent and Merger Sub has not conducted any engaged in no other business prior to the date hereof and has no, and prior to the Effective Time will have no, assets, liabilities activities or obligations of any nature operations other than those incident to its formation and capitalization and pursuant to as contemplated by this Agreement and matters ancillary thereto, or related to the Transactions contemplated by this Agreement. There is no agreement outstanding pursuant to which any person has any existing or contingent right to acquire any equity in Merger and the other TransactionsSub. Merger Sub is a wholly-owned Subsidiary of Parent.