Common use of Activities of the Company Clause in Contracts

Activities of the Company. The Company was formed solely for the purpose of holding equity interests in CCCS Holdings and activities incidental thereto. Except for its ownership of equity interests in CCCS Holdings and activities incidental thereto, the Company has not conducted any business or operations. Except as set forth on Schedule 5.A.8 and except for its ownership of equity interests in CCCS Holdings, the Company has no assets. Except for any liability in respect of Taxes, the Company has no liabilities.

Appears in 2 contracts

Sources: Merger Agreement (Reliant Software, Inc.), Merger Agreement (Community Choice Financial Inc.)