Common use of Abandoned Property Laws Clause in Contracts

Abandoned Property Laws. Neither the Surviving Corporation nor the Paying Agent shall be liable to any holder of a Certificate for any cash from the Payment Fund properly delivered to a public official pursuant to any applicable abandoned property, escheat or similar law.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Valley Forge Corp), Agreement and Plan of Merger (Brining David R), Agreement and Plan of Merger (Valley Forge Corp)

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Abandoned Property Laws. Neither the Surviving Corporation nor the Paying Agent nor the Company, the Parent or any of their respective affiliates shall be liable to any holder of a Certificate for any cash from the Payment Fund properly delivered to a public official pursuant to any applicable abandoned property, escheat or similar law.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Harcor Energy Inc), Agreement and Plan of Merger (Seneca West Corp)

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