Escheat Laws. Notwithstanding any other provision of this Article 2, none of Merger Partner, Sub, Company, the Surviving Corporation, the Exchange Agent or any other party hereto shall be liable to any holder of Company Common Stock for any Merger Partner Common Stock, or dividends or distributions thereon or cash in lieu of fractional shares, delivered to a public official pursuant to any applicable abandoned property, escheat or similar laws.
Appears in 2 contracts
Sources: Merger Agreement (Providian Corp), Plan and Agreement of Merger and Reorganization (Providian Bancorp Inc)
Escheat Laws. Notwithstanding any other provision of this Article 21, none of Merger Partner, Sub, Company, the Surviving Corporation, the Exchange Agent or any other party hereto shall be liable to any holder of Company Common Stock for any amount of Cash Payment or Merger Partner Common Stock, or dividends or distributions thereon thereon, or cash in lieu of fractional shares, delivered to a public official pursuant to any applicable abandoned property, escheat or similar laws.
Appears in 1 contract
Sources: Merger Agreement (Transamerica Corp)