Common use of NO BUSINESS; NO LIABILITIES Clause in Contracts

NO BUSINESS; NO LIABILITIES. Newco has not conducted any business or incurred any liabilities or obligations prior to the date hereof, except solely in connection with its organization and formation.

Appears in 7 contracts

Samples: Joint Development and Operating Agreement (Celtrix Pharmaceuticals Inc), Development and Operating Agreement (Isis Pharmaceuticals Inc), Development and Operating Agreement (Isis Pharmaceuticals Inc)

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NO BUSINESS; NO LIABILITIES. Newco has not conducted any business or incurred any liabilities or obligations prior to the date hereofClosing Date, except solely in connection with its organization and formation.

Appears in 2 contracts

Samples: Joint Development and Operating Agreement (Atrix Laboratories Inc), Joint Development and Operating Agreement (Acusphere Inc)

NO BUSINESS; NO LIABILITIES. Newco has not conducted any business or ---------------------------- incurred any liabilities or obligations prior to the date hereof, except solely in connection with its organization and formation.

Appears in 2 contracts

Samples: Joint Development and Operating Agreement (Ribozyme Pharmaceuticals Inc), Joint Development and Operating Agreement (Ribozyme Pharmaceuticals Inc)

NO BUSINESS; NO LIABILITIES. Newco has not conducted any business or incurred any liabilities or obligations prior to the date hereof, except for the liabilities which were entered into solely in connection with its organization and formation.

Appears in 1 contract

Samples: Joint Development and Operating Agreement (Athersys Inc /Oh)

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NO BUSINESS; NO LIABILITIES. Newco has not conducted any --------------------------- business or incurred any liabilities or obligations prior to the date hereof, except solely in connection with its organization and formation.

Appears in 1 contract

Samples: Joint Development and Operating Agreement (Targeted Genetics Corp /Wa/)

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