Escheatment Liabilities definition

Escheatment Liabilities means (A) any and all Damages arising under or related to any Escheatment Law and (B) any obligation to pay or transfer to any Person any unclaimed property.
Escheatment Liabilities means the liabilities (A) under Escheatment Law to escheat or transfer to a Governmental Body or (B) to pay to any Person, any unclaimed property that arise from or relate to money transmission or remittance transactions initiated or commenced or the conduct of the Companies’ businesses prior to the Closing Date.