Common use of Operations of Acquiror Clause in Contracts

Operations of Acquiror. Acquiror was formed solely for the purpose of engaging in the transactions contemplated by this Agreement and has engaged in no business other than in connection with the transactions contemplated by this Agreement.

Appears in 4 contracts

Sources: Agreement and Plan of Merger (Westland Development Co Inc), Merger Agreement (Westland Development Co Inc), Merger Agreement (Westland Development Co Inc)

Operations of Acquiror. Acquiror was has been formed solely for the purpose of engaging in the transactions contemplated by this Agreement hereby and has prior to the Effective Time will have engaged in no other business other than in connection with the transactions contemplated by this Agreementactivities.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization and Merger (Smartalk Teleservices Inc)