Common use of Return of Unclaimed Funds Clause in Contracts

Return of Unclaimed Funds. Any cash provided to the Exchange ------------------------- Agent pursuant to this Section 2.10 and not exchanged for Certificates within six months after the Effective Time will be returned by the Exchange Agent to the Surviving Corporation, which thereafter will act as Exchange Agent. Notwithstanding the foregoing, neither the Exchange Agent nor any party hereto shall be liable to a holder of Shares for any Merger Consideration delivered to a public official pursuant to applicable abandoned property, escheat and similar laws.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Telemundo Group Inc), Agreement and Plan of Merger (Black Leon D)

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Return of Unclaimed Funds. Any cash provided to the Exchange ------------------------- Agent pursuant to this Section 2.10 and not exchanged for Certificates within six months after the Effective Time will be returned by the Exchange Agent to the Surviving Corporation, which thereafter will act as Exchange Agent. Notwithstanding the foregoing, neither the Exchange Agent nor any party hereto shall be liable to a holder of Shares for any Merger Consideration delivered to a public official pursuant to applicable abandoned property, escheat and similar laws.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bastion Capital Fund Lp)

Return of Unclaimed Funds. Any cash provided to the Exchange ------------------------- Agent pursuant to this Section 2.10 and not exchanged for Certificates within six months after the Effective Time will be returned by the Exchange Agent to the Surviving Corporation, which thereafter will act as Exchange Agent. Notwithstanding the foregoing, neither the Exchange Agent nor any party hereto shall be liable to a holder of Shares for any Merger Consideration delivered to a public official pursuant to applicable abandoned property, escheat and similar laws. Section 2.11.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Telemundo Holding Inc)

Return of Unclaimed Funds. Any cash provided to the Exchange ------------------------- Agent pursuant to this Section 2.10 2.5 and not exchanged for Certificates within six months after the Effective Time will be returned by the Exchange Agent to the Surviving Corporation, which thereafter will act as Exchange Agent. Notwithstanding the foregoing, neither the Exchange Agent nor any party hereto shall be liable to a holder of Shares shares of Company Common Stock for any Merger Consideration delivered to a public official pursuant to applicable abandoned property, escheat and similar laws.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (99 Cents Only Store)

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Return of Unclaimed Funds. Any cash provided to the Exchange ------------------------- Agent pursuant to this Section 2.10 and not exchanged for Certificates within six months after the Effective Time will be returned by the Exchange Agent to the Surviving Corporation, Corporation which thereafter will act as Exchange Agent. Notwithstanding the foregoing, neither the Exchange Agent nor any party hereto shall be liable to a holder of Shares for any Merger Consideration delivered to a public official pursuant to applicable abandoned property, escheat and similar laws.

Appears in 1 contract

Samples: 1 Agreement and Plan of Merger (FMST Acquisition)

Return of Unclaimed Funds. Any cash provided to the Exchange ------------------------- Agent pursuant to this Section 2.10 and not exchanged for Certificates within six months after the Effective Time will be returned by the Exchange Agent to the Surviving Corporation, Corporation which thereafter will act as Exchange Agent. Notwithstanding the foregoing, neither the Exchange Agent nor any party hereto shall be liable to a holder of Shares for any Merger Consideration delivered to a public official pursuant to applicable abandoned property, escheat and or similar laws.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ne Holdco Corp)

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