Common use of No Prior Merger Sub Operations Clause in Contracts

No Prior Merger Sub Operations. Merger Sub was formed solely for the purpose of effecting the Merger and has not engaged in any business activities or conducted any operations other than in connection with the Transactions. Prior to the Effective Time, Merger Sub will not have engaged in any other business activities or incurred obligations or other Liabilities except as contemplated by this Agreement. All of the issued and outstanding capital stock of Merger Sub is, and as of the Effective Time will be, owned by Parent.

Appears in 1 contract

Sources: Merger Agreement (Bioventus Inc.)

No Prior Merger Sub Operations. Each Merger Sub was formed solely for the purpose of effecting the Merger and has not engaged in any business activities or conducted any operations other than in connection with the Transactionstransactions contemplated hereby. Prior to Parent is the Effective Time, Merger Sub will not have engaged in any other business activities or incurred obligations or other Liabilities except as contemplated by this Agreement. All of the issued and outstanding capital stock sole stockholder of Merger Sub is, I and as the sole member of the Effective Time will be, owned by ParentMerger Sub II.

Appears in 1 contract

Sources: Merger Agreement (Neumora Therapeutics, Inc.)

No Prior Merger Sub Operations. The Merger Sub was Subs are direct, wholly owned subsidiaries of Parent. The Merger Subs were formed solely for the purpose of effecting the Merger and has have not engaged in any business activities or conducted any operations other than in connection with the Transactions. Prior to the Effective Time, Merger Sub will not have engaged in any other business activities or incurred obligations or other Liabilities except as contemplated by this Agreement. All of the issued and outstanding capital stock of Merger Sub is, and as of the Effective Time will be, owned by Parent.

Appears in 1 contract

Sources: Merger Agreement (Bill.com Holdings, Inc.)

No Prior Merger Sub Operations. The Merger Sub was Subs are direct, wholly owned Subsidiaries of Parent. The Merger Subs were formed solely for the purpose of effecting the Merger and has have not engaged in any business activities or conducted any operations other than in connection with the Transactions. Prior to the Effective Time, Merger Sub will not have engaged in any other business activities or incurred obligations or other Liabilities except as contemplated by this Agreement. All of the issued and outstanding capital stock of Merger Sub is, and as of the Effective Time will be, owned by Parent.

Appears in 1 contract

Sources: Merger Agreement (Bill.com Holdings, Inc.)

No Prior Merger Sub Operations. Merger Sub is a wholly owned Subsidiary of Parent. Merger Sub was formed solely for the purpose of effecting the Merger and has not engaged in any business activities or conducted any operations other than in connection with the Transactions. Prior to the Effective Time, Merger Sub will not have engaged in any other business activities or incurred obligations or other Liabilities except as contemplated by this Agreement. All of the issued and outstanding capital stock of Merger Sub is, and as of the Effective Time will be, owned by Parent.

Appears in 1 contract

Sources: Merger Agreement (Remitly Global, Inc.)

No Prior Merger Sub Operations. Merger Sub was formed solely for the purpose of effecting the Merger and has not engaged in any business activities or conducted any operations other than in connection with the Transactionstransactions contemplated hereby. Prior to the Effective Time, Merger Sub will not have engaged in any other business activities or incurred obligations or other Liabilities except as contemplated by this Agreement. All of the issued and outstanding capital stock of Merger Sub is, and as of the Effective Time Closing, will be, a subsidiary of Parent and all of the issued and outstanding stock of Merger Sub will be held and owned by Parent.

Appears in 1 contract

Sources: Merger Agreement (VistaGen Therapeutics, Inc.)