Ownership and Operations of Purchaser. Purchaser is a direct, wholly-owned Subsidiary of the Holding Company and an indirect, wholly-owned Subsidiary of Parent that has been formed solely for the purpose of engaging in the transactions 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 (North American Galvanizing & Coatings Inc), Merger Agreement (Azz Inc)
Ownership and Operations of Purchaser. Purchaser is a direct, wholly-wholly owned Subsidiary of the Holding Company and an indirect, wholly-owned Subsidiary subsidiary of Parent that has been formed solely for the purpose of engaging in the transactions 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 (Monterey Gourmet Foods), Merger Agreement (Pulmuone Cornerstone Corp)