Common use of Bulk Sales Act Clause in Contracts

Bulk Sales Act. The parties hereby waive compliance with the bulk sales act or comparable statutory provisions of each applicable jurisdiction. Seller shall indemnify Purchaser and its officers, directors, employees, agents and Affiliates in respect of, and hold each of them harmless from and against, any and all Losses suffered, occurred or sustained by any of them or to which any of them becomes subject, resulting from, arising out of or relating to the failure of Seller to comply with the terms of any such provisions applicable to the transactions contemplated by this Agreement.

Appears in 8 contracts

Samples: Asset Purchase Agreement (Radiant Systems Inc), Asset Purchase Agreement (Pp&l Resources Inc), Asset Purchase Agreement (Puget Sound Energy Inc)

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Bulk Sales Act. The parties hereby waive compliance with the bulk sales act or comparable statutory provisions of each applicable jurisdiction. Seller shall indemnify Purchaser Buyer and its officers, directors, employees, agents and Affiliates in respect of, and hold each of them harmless from and against, any and all Losses suffered, occurred or sustained by any of them or to which any of them becomes subject, resulting from, arising out of or relating to the failure of Seller to comply with the terms of any such provisions applicable to the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cooperative Computing Inc /De/)

Bulk Sales Act. The parties hereby waive compliance with the -------------- bulk sales act or comparable statutory provisions of each applicable jurisdiction. Seller shall indemnify Purchaser and its officers, directors, employees, agents and Affiliates in respect of, and hold each of them harmless from and against, any and all Losses suffered, occurred or sustained by any of them or to which any of them becomes subject, resulting from, arising out of or relating to the failure of Seller to comply with the terms of any such provisions applicable to the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Radiant Systems Inc)

Bulk Sales Act. The parties hereby waive compliance with the bulk sales act or comparable statutory provisions of each any bulk sales, bulk transfer or similar Laws of any jurisdiction that may otherwise be applicable jurisdiction. Seller shall indemnify Purchaser and its officers, directors, employees, agents and Affiliates in with respect of, and hold each to the sale of them harmless from and against, any and or all Losses suffered, occurred or sustained by of the Purchased Assets to Buyer; it being understood that any of them or to which any of them becomes subject, resulting from, Liabilities arising out of or relating to the failure of Seller to comply with the terms requirements and provisions of any such provisions applicable to the transactions contemplated by this Agreementbulk sales, bulk transfer or similar Laws of any jurisdiction which would not otherwise constitute Assumed Liabilities shall be treated as Retained Liabilities.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (OPAL Fuels Inc.)

Bulk Sales Act. The parties hereby waive compliance with the bulk sales act or comparable statutory provisions of each applicable jurisdiction. Seller The Sellers and the Shareholders shall jointly and severally indemnify Purchaser and its officers, directors, employees, agents and Affiliates in respect of, and hold each of them harmless from and against, any and all Losses suffered, occurred or sustained by any of them or to which any of them becomes subject, resulting from, arising out of or relating to the failure of any Seller to comply with the terms of any such provisions applicable to the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Radiant Systems Inc)

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Bulk Sales Act. The parties hereby waive compliance with the -------------- bulk sales act or comparable statutory provisions of each applicable jurisdiction. Seller shall indemnify Purchaser and its officers, directors, employees, agents and Affiliates in respect of, and hold each of them harmless from and against, any and all Losses suffered, occurred or sustained by any of them or to which any of them becomes subject, resulting from, arising out of or relating to the failure of Seller to comply with the terms of any such bulk sales act or comparable statutory provisions of each jurisdiction applicable to the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Procyte Corp /Wa/)

Bulk Sales Act. The parties hereby waive compliance compliance, if applicable, with the bulk sales act Bulk Sales Act or comparable statutory provisions of each applicable jurisdiction. Seller shall indemnify Purchaser and its officers, directors, employees, agents and Affiliates in respect of, and hold each of them harmless from and against, any and all Losses suffered, occurred or sustained by any of them or to which any of them becomes subject, resulting from, arising out of or relating to the failure of Seller to comply with the terms of any such provisions applicable to the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Accrue Software Inc)

Bulk Sales Act. The parties hereby waive compliance with the bulk sales act or comparable statutory provisions of each applicable jurisdiction. Seller shall indemnify Purchaser and its officers, directors, employees, agents and Affiliates in respect of, and hold each of them harmless from and against, any and all Losses suffered, occurred or sustained by any of them or to which any of them becomes subject, resulting from, arising out of or relating to the failure of Seller to comply with the terms of any such bulk sales act or comparable statutory provisions of each jurisdiction applicable to the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Innuity, Inc. /Ut/)

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