Common use of Purchaser Clause in Contracts

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its formation. Either Parent or a wholly owned subsidiary of Parent owns beneficially and of record all of the outstanding capital stock of Purchaser.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Contemplated Transactions and activities incidental thereto and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its formation. Either Parent or a wholly owned subsidiary of Parent owns beneficially and of record all of the outstanding capital stock of PurchaserContemplated Transactions.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its formation. Either Parent or a wholly owned subsidiary Subsidiary of Parent owns beneficially and of record all of the outstanding capital stock of Purchaser.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto transactions contemplated hereby and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its formationtransactions contemplated hereby. Either Parent or a wholly owned subsidiary of Parent owns beneficially and of record all of the outstanding capital stock of Purchaser.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its formationTransactions. Either Parent or a wholly owned subsidiary of Parent owns beneficially and of record all of the outstanding capital stock of Purchaser.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its formation. Either Parent or a wholly owned (direct or indirect) subsidiary of Parent owns beneficially and of record all of the outstanding capital stock of Purchaser.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto and has not engaged engaged, and prior to the Effective Time will not engage, in any business activities or conducted any operations other than in connection with the Transactions and those incident to its Purchaser’s formation. Either Parent or a wholly owned subsidiary Subsidiary of Parent owns beneficially and of record all of the outstanding capital stock of Purchaser, free and clear of all Encumbrances, except for transfer restrictions of general applicability as may be provided under the Securities Act or applicable securities laws.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its formation. Either Parent or a wholly owned subsidiary of Parent owns beneficially and of record all of the outstanding capital stock of PurchaserPurchaser free and clear of all Encumbrances.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto transactions contemplated hereby and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its formationtransactions contemplated hereby. Either Parent or a wholly owned subsidiary of Parent owns beneficially and of record all of the outstanding capital stock voting securities of Purchaser.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its formation. Either Parent or a wholly owned subsidiary of Parent owns beneficially and of record all of the outstanding capital stock of Purchaser.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto transactions contemplated hereby and has not engaged in any business activities or conducted any operations operations, does not have any assets and does not have any liabilities, in each case other than in connection with as contemplated hereby. Parent is the Transactions legal and those incident to its formation. Either Parent or a wholly owned subsidiary beneficial owner of Parent owns beneficially and of record all of the issued and outstanding shares of Purchaser. All of the outstanding shares of capital stock of PurchaserPurchaser have been duly authorized and validly issued, and are fully paid and nonassessable and not subject to any preemptive rights.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto transactions contemplated hereby and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its formationtransactions contemplated hereby. Either Parent or a wholly owned subsidiary of Parent owns beneficially and of record all a majority of the outstanding capital stock voting securities, constituting a majority of the voting power, of Purchaser.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its Purchaser’s formation. Either Parent or a wholly owned subsidiary Subsidiary of Parent owns beneficially and of record all of the outstanding capital stock of Purchaser, free and clear of all Encumbrances and transfer restrictions, except for such Encumbrances and transfer restrictions of general applicability as may be provided under the Securities Act or other applicable securities laws.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident incidental to its formationformation and its entry into this Agreement and performance hereunder. Either Parent or a wholly owned subsidiary is the record and beneficial owner of Parent owns beneficially and of record all of the outstanding capital stock of Purchaser and Purchaser does not have any other outstanding securities or instruments exercisable for, or otherwise convertible or exchangeable into, capital stock or any other security of Purchaser.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its formation. Either Parent or a wholly owned subsidiary (direct or indirect) Subsidiary of Parent owns beneficially and of record all of the outstanding capital stock of Purchaser.

Purchaser. Purchaser was will be formed solely for the purpose of engaging in the Transactions and activities incidental thereto and has will not have engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its formation. Either Parent or a wholly owned subsidiary of Parent owns shall own beneficially and of record all of the outstanding capital stock of Purchaser.

Purchaser. Purchaser was formed solely for the purpose of engaging in the Transactions and activities incidental thereto and has not engaged in any business activities or conducted any operations other than in connection with the Transactions and those incident to its Purchaser’s formation. Either Parent or a A wholly owned subsidiary Subsidiary of Parent owns beneficially and of record all of the outstanding capital stock of Purchaser, free and clear of all Encumbrances and transfer restrictions, except for Permitted Encumbrances.