Common use of Bulk Sales Law Clause in Contracts

Bulk Sales Law. Purchaser hereby waives compliance by Seller, in connection with the transactions contemplated hereby, with the provisions of any applicable bulk sales law; provided that, Seller shall indemnify Purchaser for any Losses arising from such non-compliance under Article XI.

Appears in 3 contracts

Samples: Equity and Asset Purchase Agreement (NewPage Energy Services LLC), Equity and Asset Purchase Agreement (Meadwestvaco Corp), Equity and Asset Purchase Agreement (NewPage Holding CORP)

AutoNDA by SimpleDocs

Bulk Sales Law. Purchaser Buyer hereby waives compliance by Seller, in connection with the transactions contemplated hereby, with the provisions of any applicable bulk sales law; provided that, Seller shall indemnify Purchaser Buyer for any Losses arising from such non-compliance under Article XIIX.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Verso Sartell LLC), Agreement of Purchase and Sale (International Paper Co /New/)

Bulk Sales Law. Purchaser hereby waives compliance by SellerSeller with the provisions of the Bulk Sales Law of any state, in connection with if applicable to the transactions contemplated hereby; provided, with the provisions of any applicable bulk sales law; provided thathowever, that Seller shall agrees to indemnify Purchaser for any Losses arising from such non-compliance under Article XIclaims of creditors of Seller with respect to liabilities not being assumed by Purchaser pursuant to the express terms of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Beard Co /Ok)

Bulk Sales Law. Purchaser hereby waives compliance by Seller, in connection Seller with the transactions contemplated hereby, with the provisions of any applicable bulk sales law; provided that, and Seller shall agrees to indemnify Purchaser for against any Losses arising from liability incurred by Purchaser thereunder by reason of such non-compliance under Article XIby Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hemagen Diagnostics Inc)

Bulk Sales Law. Purchaser Buyer hereby waives compliance by Seller, in connection with the transactions contemplated hereby, with the provisions of any applicable bulk sales law; provided that, Bulk Sales Law. Seller shall will indemnify Purchaser Buyer for any Losses arising from such non-compliance under Article XIout of any noncompliance therewith.

Appears in 1 contract

Samples: Asset Repurchase Agreement (Jean Philippe Fragrances Inc)

Bulk Sales Law. Purchaser hereby waives compliance by Seller, in connection Seller with the transactions contemplated hereby, with the provisions of any applicable bulk sales law; provided that, Seller subject to Seller's obligations under SECTION 6.1(a)(iv), provided, however, that this indemnity shall indemnify not affect the obligation of Purchaser for any Losses arising from such non-compliance under Article XIto pay and discharge the Assumed Liabilities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Delta Apparel Inc)

AutoNDA by SimpleDocs

Bulk Sales Law. Purchaser hereby waives compliance by Seller with all applicable bulk sales laws; provided, however, that this waiver shall not relieve the Seller of its indemnification obligations to Purchaser as a result of the Seller, in connection 's non-compliance with the transactions contemplated hereby, with the provisions of any applicable bulk sales law; provided that, Seller shall indemnify Purchaser for any Losses arising from such non-compliance under Article XI.or similar laws

Appears in 1 contract

Samples: Asset Purchase Agreement (Amedisys Inc)

Bulk Sales Law. Purchaser hereby waives compliance by SellerSeller with the provisions of the Bulk Sales Law of any state, in connection with if applicable to the transactions contemplated hereby; provided, with the provisions of any applicable bulk sales law; provided thathowever, that Seller shall and Shareholder agree to indemnify Purchaser for any Losses arising from such non-compliance under Article XIclaims of creditors of Seller with respect to liabilities not being assumed by Purchaser pursuant to the express terms of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paradigm Medical Industries Inc)

Bulk Sales Law. Purchaser hereby waives -------------- compliance by Seller, in connection with the transactions contemplated hereby, with the provisions of any applicable bulk sales law; provided that, and Seller shall indemnify Purchaser and its Subsidiaries for any Losses arising from such non-compliance under Article XIfailure to comply with any bulk sales law.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Solutia Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.