Common use of Bulk Sale; Occasional Sale Clause in Contracts

Bulk Sale; Occasional Sale. The Seller and the Buyer specifically waive compliance with the Uniform Commercial Code of the State in which the Asset is located with respect to bulk transfers, with any similar provision under any applicable law of the County and City in which the Land is located. The Buyer and the Seller acknowledge that the Seller is selling the entire operating assets of a business pursuant to this Agreement, which is intended to qualify as an occasional sale.

Bulk Sale; Occasional Sale. The Seller and the Buyer specifically waive compliance with the Uniform Commercial Code of the State in which the Asset is located with respect to bulk transfers, with any similar provision under any applicable law of the County Parish and City in which the Land is located. The Buyer and the Seller acknowledge that the Seller is selling the entire operating assets of a business pursuant to this Agreement, which is intended to qualify as an occasional sale.

Bulk Sale; Occasional Sale. The Seller and the Buyer specifically waive compliance with the Uniform Commercial Code of the State in which the Asset is located with respect to bulk transfers, with any similar provision under any applicable law of the County and City in which the Land is located. The Buyer and the Seller acknowledge that the Seller is selling the entire operating assets of a business pursuant to this Agreement, which is intended to qualify as an occasional sale.. [COUNTERPART SIGNATURE PAGE FOLLOWS] [COUNTERPART SIGNATURE PAGE TO PURCHASE AND SALE AGREEMENT]