Common use of Operations of Acquiror Clause in Contracts

Operations of Acquiror. Acquiror is a direct, wholly-owned subsidiary of Parent, was formed solely for the purpose of engaging in the transactions contemplated by this Agreement, has engaged in no other business activities and has conducted its operations only as contemplated by this Agreement.

Appears in 3 contracts

Sources: Plan and Agreement of Merger (Digital Development Partners, Inc.), Merger Agreement (Digital Development Partners, Inc.), Merger Agreement (Black Bird Potentials Inc.)