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

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

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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

Samples: Merger Agreement (Amp Inc)

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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

Samples: Merger Agreement (Cit Group Inc)

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