Escheat. The Parties are aware that under Colorado law, escrowed property which is presumed abandoned may escheat to the State. The Escrow Agent shall have no liability to Verex, xxs respective heirs, legal representatives, and successors, should any or all of the Shares become escheatable or escheat by operation of law.
Appears in 2 contracts
Samples: Escrow and Contingent Stock Agreement (Pentastar Communications Inc), Escrow and Contingent Stock Agreement (Pentastar Communications Inc)
Escheat. The Parties parties are aware that under Colorado law, escrowed property which is presumed abandoned may escheat to the State. The Escrow Agent shall have no liability to VerexSchixxxxxxx, xxs respective heirs, legal representatives, and successors, should any or all of the Shares become escheatable or escheat by operation of law.
Appears in 2 contracts
Samples: Escrow and Contingent Stock Agreement (Pentastar Communications Inc), Escrow and Contingent Stock Agreement (Pentastar Communications Inc)
Escheat. The Escrowing Parties are aware that under Colorado law, escrowed property which is presumed abandoned may escheat to the State. The Escrow Agent shall have no liability to Verexthe Escrowing Parties, xxs their respective heirs, legal representatives, successors, and successorsassigns, should any or all of the Shares Escrowed Funds become escheatable escheat able or escheat by operation of law.
Appears in 1 contract
Samples: Escrow Agreement (Hauser Inc)
Escheat. The Parties are aware that under Colorado law, escrowed property Escrowed Property which is presumed abandoned may escheat to the State. The Escrow Agent shall have no liability to Verexthe Parties, xxs their respective heirs, legal representatives, successors, and successorsassigns, should any or all of the Shares Escrowed Property become escheatable or escheat by operation of law.
Appears in 1 contract
Escheat. The Parties are aware that under Colorado law, escrowed property which that is presumed abandoned may escheat to the State. The Escrow Agent shall have no liability to Verexthe Parties, xxs their respective heirs, legal representatives, successors, and successorsassigns, should any or all of the Shares Escrowed Property become escheatable or escheat by operation of law.
Appears in 1 contract