Common use of Bulk Sales Waiver Clause in Contracts

Bulk Sales Waiver. Purchaser and Seller hereby waive compliance with the terms and conditions of any applicable bulk sales or bulk transfer law or similar laws that may be applicable to the bulk sale or bulk transfer of the Assets. Seller will indemnify and hold harmless Purchaser from any and all claims relating to the provisions of the "bulk sales law" of any applicable jurisdiction with respect to the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Interpool Inc)

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Bulk Sales Waiver. Purchaser Buyer and Seller hereby waive compliance with the terms and conditions of any ----------------- applicable bulk sales or bulk transfer law or similar sale laws that may be applicable to the bulk sale or bulk transfer of the Assets. Seller will indemnify and hold harmless Purchaser from any and all claims relating to the provisions of the "bulk sales law" of any applicable jurisdiction in connection with respect to the transactions contemplated by this Agreement; provided, however, that Seller shall indemnify and hold Buyer -------- ------- and its Affiliates harmless from and against any Losses arising out of noncompliance with any such laws.

Appears in 1 contract

Samples: Acquisition Agreement (Micron Technology Inc)

Bulk Sales Waiver. Purchaser Buyer and Seller hereby waive compliance with the terms and conditions of any applicable bulk sales or bulk transfer law or similar laws that may be applicable to the bulk sale or bulk transfer of the Assets. Seller will indemnify and hold harmless Purchaser from any and all claims relating to the provisions of the "bulk sales law" of any applicable jurisdiction in connection with respect to the transactions contemplated by this Agreement; provided, that Seller shall indemnify and hold Buyer harmless from and against any liabilities arising out of non-compliance with any such laws.

Appears in 1 contract

Samples: Asset Purchase Agreement (Spanish Broadcasting System Inc)

Bulk Sales Waiver. Purchaser and Seller Sellers hereby waive compliance ----------------- with the terms and conditions of any applicable bulk sales or bulk transfer law or similar laws that may be applicable to the bulk sale or bulk transfer of the Assets. Seller will indemnify and hold harmless Purchaser from any and all claims relating to the provisions of the "bulk sales law" of any applicable jurisdiction with respect to the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Union Tank Car Co)

Bulk Sales Waiver. Purchaser The Selling Entities and Seller Buyer hereby waive compliance with the terms and conditions provisions of any applicable bulk sales or bulk transfer law or similar laws that may be applicable laws. The Selling Entities further agree to the bulk sale or bulk transfer of the Assets. Seller will indemnify and hold Buyer harmless Purchaser from any all claims made by Sellers' creditors and all claims relating Liabilities and expenses (including reasonable attorneys' fees and disbursements, including those related to the provisions enforcement of the "bulk sales law" of any applicable jurisdiction this indemnity) with respect to the transactions contemplated by this Agreementnon-compliance with any bulk transfer law.

Appears in 1 contract

Samples: Asset Purchase Agreement (Temple Inland Inc)

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Bulk Sales Waiver. Purchaser Buyer and Seller hereby waive compliance with the terms and conditions of any applicable bulk sales or bulk transfer law or similar laws that may be applicable to the bulk sale or bulk transfer of the Acquired Assets. Seller will indemnify and hold harmless Purchaser from any and all claims relating to the provisions of the "bulk sales law" of any applicable jurisdiction with respect to the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Farmer Brothers Co)

Bulk Sales Waiver. Purchaser Buyer and Seller hereby waive compliance with the terms and conditions of any applicable bulk sales or bulk transfer law or similar sale laws that may be applicable to the bulk sale or bulk transfer of the Assets. Seller will indemnify and hold harmless Purchaser from any and all claims relating to the provisions of the "bulk sales law" of any applicable jurisdiction in connection with respect to the transactions contemplated by this Agreement; provided, however, that Seller shall indemnify and hold Buyer and its affiliates harmless from and against any losses, liabilities, costs and expenses arising out of noncompliance with any such laws if and to the extent that any such laws confer upon Sellers in transactions of this type primary responsibility for compliance, and liability for noncompliance, therewith.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lesco Inc/Oh)

Bulk Sales Waiver. Purchaser Buyer and Seller hereby waive any compliance with the terms and conditions of any applicable bulk sales or bulk transfer law or similar laws that may be applicable to the bulk sale or bulk transfer of the Assetslaw. Seller will indemnify represents and hold harmless Purchaser from any and all claims relating to warrants that the provisions of the "bulk sales law" of any applicable jurisdiction creditors with respect to the transactions contemplated conduct of the Business or the ownership or operation of the Purchased Assets have been paid in full prior to the Closing Date, or within such other period as is normally permitted by this Agreementsuch creditors in the ordinary course of business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Decorator Industries Inc)

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