Spinco. Spinco was formed solely for the purpose of engaging in the Contemplated Transactions and it has not engaged in any business activities or conducted any operations other than in connection with the Contemplated Transactions. As of the date hereof, Spinco does not have any assets or liabilities other than those incident to its formation or related to the evaluation, negotiation and execution of the Transaction Documents. ARTICLE III
Appears in 2 contracts
Samples: Agreement and Plan of Merger (International Game Technology PLC), Agreement and Plan of Merger (Everi Holdings Inc.)
Spinco. Spinco SpinCo was formed solely for the purpose of engaging in the Contemplated Transactions transactions contemplated by this Agreement, the Separation Agreement and it the Ancillary Agreements, and since the date of its incorporation, SpinCo has not engaged in any business activities or conducted any operations other than in connection with or as contemplated by this Agreement, the Contemplated Transactions. As of Separation Agreement or the date hereof, Spinco does not have any assets or liabilities other than those incident to its formation or related to the evaluation, negotiation and execution of the Transaction Documents. ARTICLE IIIAncillary Agreements.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Transportation Systems Holdings Inc.), Agreement and Plan of Merger (Westinghouse Air Brake Technologies Corp)
