Common use of Bulk Sales Act Clause in Contracts

Bulk Sales Act. Seller has requested and Buyer has agreed to waive any compliance required of Seller with respect to the applicable Bulk Sales Act(s) or statutes. In exchange for said waiver, Seller shall indemnify Buyer from and against any and all claims, actions, causes of action, liabilities or judgments which may be asserted, or recovered against Buyer, by reason of Buyer’s waiver or Seller’s non-compliance with applicable Bulk Sales legislation.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Standex International Corp/De/)

Bulk Sales Act. Seller has requested and Buyer has agreed to waive any Purchaser hereby waives compliance required of Seller by Sellers with respect to the any applicable Bulk Sales Act(s) or statutes. In exchange for said waiver“bulk-sale”, Seller shall indemnify Buyer from and against any and all claims, actions, causes of action, liabilities or judgments which may be asserted“bulk-transfer”, or recovered against Buyer, by reason similar Laws of Buyer’s waiver any jurisdiction in connection with the transfer or Seller’s non-compliance with applicable Bulk Sales legislationsale to Purchaser of the Purchased Assets.

Appears in 1 contract

Sources: Asset Purchase Agreement (Iconix Brand Group, Inc.)

Bulk Sales Act. Seller has requested and Buyer has agreed to waive any compliance required of Seller with respect to the applicable Bulk Sales Act(s) or statutes. In exchange for said waiver, Seller shall indemnify Buyer from and against any and all claims, actions, causes of action, liabilities or judgments which may be asserted, or recovered against Buyer, by reason of Buyer’s 's waiver or Seller’s 's non-compliance with applicable Bulk Sales legislation.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Standex International Corp/De/)

Bulk Sales Act. Buyer waives compliance by Seller has requested and Buyer has agreed to waive with the Bulk Sales Act, if any compliance required (the “Act”). In the event any creditor of Seller with respect to claims the applicable benefit of the Bulk Sales Act(s) Act as against Buyer or statutes. In exchange for said waiver, Seller shall indemnify Buyer from and against any and all claims, actions, causes of action, liabilities or judgments which may be asserted, or recovered against Buyer, by reason of Buyer’s waiver or Seller’s non-compliance with applicable Bulk Sales legislation.of

Appears in 1 contract

Sources: Asset Purchase Agreement (Identica Holdings Corp)

Bulk Sales Act. Seller has requested and Buyer has agreed to waive any waives compliance required of by Seller with respect to the provisions of Article 6 of the Uniform Commercial Code, or equivalent bulk transfer laws, of any applicable Bulk Sales Act(s) or statutesstate. In exchange for said waiver, Seller shall indemnify and hold harmless Buyer from and against any and all claimsexpense, actions, causes loss or liability which Buyer may suffer as a result of action, liabilities or judgments which may be asserted, or recovered claims asserted by third parties against Buyer, Buyer due to any noncompliance by reason of Buyer’s waiver or Seller’s non-compliance Seller and Buyer with applicable Bulk Sales legislationbulk transfer laws.

Appears in 1 contract

Sources: Asset Sale Agreement (Digital Link Corp)

Bulk Sales Act. Seller has requested and Buyer has agreed to waive any waives compliance required of by Seller with respect to the applicable Bulk Sales Act(s) or statutes. In exchange for said waiver, Seller shall indemnify Buyer from and against any and all claims, actions, causes of action, liabilities or judgments bulk sales law which may be assertedapplicable to the transactions contemplated by this Agreement; provided, or recovered against Buyerhowever, by reason of Buyer’s waiver or Seller’s non-compliance with applicable Bulk Sales legislationthat Seller agrees to indemnify Buyer and hold it harmless from any loss, damage, liability, and expenses (including reasonable legal fees) resulting from such noncompliance.

Appears in 1 contract

Sources: Asset Purchase Agreement (Meade Instruments Corp)

Bulk Sales Act. Seller has requested and Buyer has agreed to waive any waives compliance required of by Seller with respect to the any applicable Bulk Sales Act(s) Act or statutessimilar law to the extent required in connection with this transaction. In exchange for said waiver, Seller shall indemnify indemnify, defend and hold harmless Buyer and the Property from and against any and all claimsdemands, actions, causes claims or liabilities arising from any failure of action, liabilities or judgments which may be asserted, or recovered against Buyer, by reason Seller to so comply as provided in Section 20 of Buyer’s waiver or Seller’s non-compliance with applicable Bulk Sales legislationthis Contract.

Appears in 1 contract

Sources: Contract of Sale (Spartan Stores Inc)