Common use of Escheat Clause in Contracts

Escheat. Neither Parent, Merger Sub nor the Company nor any of their respective affiliates shall be liable to any holder of Company Common Stock for any Merger Consideration delivered to a public official pursuant to any applicable abandoned property, escheat or similar law.

Appears in 6 contracts

Sources: Merger Agreement (Bard C R Inc /Nj/), Merger Agreement (General Semiconductor Inc), Merger Agreement (Raychem Corp)

Escheat. Neither Parent, Merger Sub Acquiror nor the Company nor any of their respective affiliates shall be liable to any holder of Company Common Stock for any Merger Consideration delivered to a public official pursuant to any applicable abandoned property, escheat or similar law.

Appears in 1 contract

Sources: Merger Agreement (Cit Group Inc)

Escheat. Neither ParentBeta, Merger Sub nor the Company nor any of their respective affiliates shall be liable to any holder of Company Common Stock for any Merger Consideration delivered to a public official pursuant to any applicable abandoned property, escheat or similar law.

Appears in 1 contract

Sources: Merger Agreement (Amp Inc)