Common use of Ownership of Merger Subsidiary; No Prior Activities Clause in Contracts

Ownership of Merger Subsidiary; No Prior Activities. Merger Subsidiary is a direct wholly-owned subsidiary of Parent. Merger Subsidiary has engaged in no business activities other than as contemplated by this Agreement and has conducted its operations only as contemplated by this Agreement.

Appears in 4 contracts

Samples: Merger Agreement (Ade Corp), Merger Agreement (Callidus Software Inc), Merger Agreement (Callidus Software Inc)

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Ownership of Merger Subsidiary; No Prior Activities. Merger Subsidiary is a direct wholly-wholly owned subsidiary of ParentAcquiror. Merger Subsidiary is a disregarded entity for federal income tax purposes. Merger Subsidiary has engaged in no business not conducted any activities other than as contemplated by in connection with its organization, the negotiation and execution of this Agreement and the consummation of the transactions contemplated hereby. Merger Subsidiary has conducted its operations only as contemplated by this Agreementno subsidiaries.

Appears in 2 contracts

Samples: Purchase Agreement (Corporate Office Properties Trust), Purchase Agreement and Agreement and Plan of Merger (Corporate Office Properties Trust)

Ownership of Merger Subsidiary; No Prior Activities. Merger Subsidiary is a direct wholly-wholly owned subsidiary Subsidiary of ParentAcquiror. Merger Subsidiary has engaged in no business not conducted any activities other than as contemplated by in connection with its organization, the negotiation and execution of this Agreement and the consummation of the transactions contemplated hereby. Merger Subsidiary has conducted its operations only as contemplated by this Agreementno Subsidiaries other than Partnership Merger Subsidiary.

Appears in 1 contract

Samples: Merger Agreement (Equity Inns Inc)

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Ownership of Merger Subsidiary; No Prior Activities. Merger Subsidiary is a direct wholly-wholly owned subsidiary of ParentAcquiror. Merger Subsidiary is a disregarded entity for federal income tax purposes. Merger Subsidiary has engaged in no business not conducted any activities other than as contemplated by in connection with its organization, the negotiation and execution of this Agreement and the consummation of the transactions contemplated hereby. Merger Subsidiary has conducted its operations only as contemplated by this Agreementno subsidiaries other than Partnership Merger Subsidiary .

Appears in 1 contract

Samples: Merger Agreement (Columbia Equity Trust, Inc.)

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