Common use of Bulk Sale Laws Clause in Contracts

Bulk Sale Laws. The parties hereby waive compliance with the provisions of any bulk sales, bulk transfer or similar laws of any jurisdiction that may otherwise be applicable with respect to the sale of any or all of the Assets to the Purchaser, it being understood that any liabilities arising out of the failure of Sellers to comply with the requirements and provisions of any bulk sales, bulk transfer or similar laws of any jurisdiction which would not otherwise constitute Assumed Liabilities shall be treated as Excluded Liabilities.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Chanticleer Holdings, Inc.), Asset Purchase Agreement (Chanticleer Holdings, Inc.)

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Bulk Sale Laws. The parties hereby waive compliance with the provisions of any bulk sales, bulk transfer or similar laws of any jurisdiction that may otherwise be applicable with respect to the sale of any or all of the Web Assets to the Purchaser, ; it being understood that any liabilities arising out of the failure of Sellers Seller to comply with the requirements and provisions of any bulk sales, bulk transfer or similar laws of any jurisdiction which would not otherwise constitute Assumed Liabilities shall be treated as Excluded Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Spendsmart Networks, Inc.)

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Bulk Sale Laws. The parties Parties hereby waive compliance with the provisions of any bulk sales, bulk transfer or similar laws Laws of any jurisdiction that may otherwise be applicable with respect to the sale of any or all of the Transferred Assets to the Purchaser, it being understood that any liabilities arising out of the failure of Sellers to comply with the requirements Buyer and provisions of any bulk sales, bulk transfer or similar laws of any jurisdiction which would not otherwise constitute Assumed Liabilities shall be treated as Excluded Liabilitiesits Affiliates.

Appears in 1 contract

Samples: Asset Purchase Agreement (Teradata Corp /De/)

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