Common use of Operations of Purchaser Clause in Contracts

Operations of Purchaser. Purchaser is a direct, wholly-owned subsidiary of Parent. Purchaser carries on the business of managing and controlling the content and related business processes involved in the execution of capital projects.

Appears in 2 contracts

Samples: Arrangement Agreement (Acorn Energy, Inc.), Arrangement Agreement (Acorn Energy, Inc.)

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Operations of Purchaser. Purchaser is a direct, wholly-owned subsidiary of Parent. Purchaser carries on Parent that has been formed solely for the business purpose of managing and controlling the content and related business processes involved engaging in the execution of capital projectstransactions contemplated hereby and prior to the Effective Time will have engaged in no other business activities and will have incurred no liabilities or obligations other than as contemplated herein.

Appears in 2 contracts

Samples: Merger Agreement (Barrier Therapeutics Inc), Merger Agreement (Stiefel Laboratories, Inc.)

Operations of Purchaser. Purchaser is a direct, wholly-wholly owned subsidiary of Parent. Purchaser carries on Parent that has been formed solely for the business purpose of managing and controlling the content and related business processes involved engaging in the execution of capital projectstransactions contemplated hereby and prior to the Effective Time will have engaged in no other business activities and will have incurred no liabilities or obligations other than as contemplated herein.

Appears in 2 contracts

Samples: Merger Agreement (Abbott Laboratories), Merger Agreement (Advanced Medical Optics Inc)

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Operations of Purchaser. Purchaser is a direct, wholly-owned subsidiary of Parent. Purchaser carries on was formed solely for the business purpose of managing and controlling the content and related business processes involved engaging in the execution of capital projectsTransactions, has engaged in no other business activities and has conducted its operations only as contemplated by this Agreement.

Appears in 1 contract

Samples: Arrangement Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

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