Common use of Interim Operations of Sub Clause in Contracts

Interim Operations of Sub. Sub is a direct wholly owned subsidiary of Parent and was formed solely for the purpose of engaging in the Transactions, has engaged in no other business activities and has conducted its operations only as contemplated hereby.

Appears in 3 contracts

Sources: Merger Agreement (Usa Networks Inc), Merger Agreement (Usa Networks Inc), Merger Agreement (Ticketmaster Group Inc)

Interim Operations of Sub. Sub is a direct wholly owned subsidiary of Parent and was formed solely for the purpose of engaging in the Merger and the Transactions, has engaged in no other business activities and has conducted its operations only as contemplated hereby.

Appears in 3 contracts

Sources: Merger Agreement (Collegiate Pacific Inc), Merger Agreement (Hotels Com), Merger Agreement (Usa Interactive)

Interim Operations of Sub. Sub is a direct wholly owned subsidiary of Parent and was formed solely for the purpose of engaging in the TransactionsMerger, has engaged in no other business activities and has conducted its operations only as contemplated hereby.

Appears in 3 contracts

Sources: Merger Agreement (Ticketmaster), Merger Agreement (Usa Interactive), Merger Agreement (Usa Interactive)