Common use of Abandoned Property Law Clause in Contracts

Abandoned Property Law. Neither Parent nor the Surviving LLC will be liable to any holder or former holder of the Company Interests or to any other Person with respect to any shares of Parent Common Stock (or dividends or distributions with respect thereto), or for any cash amounts, delivered to any public official pursuant to any applicable abandoned property law, escheat law or similar Legal Requirement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger and Reorganization (CWR 1, LLC), Agreement and Plan of Merger and Reorganization (Trustfeed Corp.)

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Abandoned Property Law. Neither Parent nor the Surviving LLC Corporation will be liable to any holder or former holder of the Company Interests Capital Stock or to any other Person with respect to any shares of Parent Common Stock (or dividends or distributions with respect thereto), or for any cash amounts, delivered to any public official pursuant to any applicable abandoned property law, escheat law or similar Legal Requirement.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (NEUROONE MEDICAL TECHNOLOGIES Corp)

Abandoned Property Law. Neither Parent nor the Surviving LLC Corporation will be liable to any holder or former holder of the Company Interests Common Stock or to any other Person with respect to any shares of Parent Common Stock (or dividends or distributions with respect thereto), or for any cash amounts, delivered to any public official pursuant to any applicable abandoned property law, escheat law or similar Legal Requirement.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Brain Scientific Inc.)

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Abandoned Property Law. Neither the Company, Merger Sub, Parent nor the Surviving LLC Corporation will be liable to any holder or former holder of the Company Interests Common Stock or to any other Person with respect to any shares of Parent Common Super Voting Stock (or dividends or distributions with respect thereto), or for any cash amounts, delivered to any public official pursuant to any applicable abandoned property law, escheat law or similar Legal Requirement.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization

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