Bulk Transfer Act Sample Clauses

Bulk Transfer Act. Subject to Article VII, the parties hereby waive compliance with any state or provincial “Bulk Transfer Act” or “Bulk Sales Act,” to the extent applicable to the transactions contemplated hereby. Parent and Sellers shall indemnify Buyer for any Losses arising out of the failure to comply with such Laws as an Excluded Liability.
Bulk Transfer Act. The Parties hereby waive compliance with the state “Bulk Transfer Act,” to the extent applicable to the transactions contemplated hereby. Seller shall indemnify Buyer with respect to such waiver as a Retained Liability as provided in Section 8.1.
Bulk Transfer Act. Purchaser agrees to waive the Bulk Sales provisions, if any, of the Uniform Commercial Code for the State in which the Property is located, in consideration of Seller's indemnification described in section 13.5 below.
Bulk Transfer Act. The parties hereby waive compliance with the provisions of the Georgia Uniform Commercial CodeBulk Transfers Act (Official Code of Georgia Annotated § 11-6-101 et. seq.)
Bulk Transfer Act. The Parties hereby waive compliance with the ----------------- bulk sales act or comparable statutory provisions of each applicable jurisdiction.
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Bulk Transfer Act. While not acknowledging the applicability of the Bulk Transfers provision of the Connecticut Uniform Commercial Code ("Bulk Sales Act"), the parties do nevertheless agree as follows: 6.5.1 Purchaser does hereby waive the provisions of the Bulk Sales Act regarding Seller's duties as same may apply to this transaction. 6.5.2 The Seller does hereby agree to indemnify and hold Purchaser harmless on account of any loss or damage which Purchaser may incur or sustain on account of the above waiver, including reimbursement of Purchaser's reasonable attorney's fees.
Bulk Transfer Act. In connection with the transfer of property contemplated in this Agreement, Seller has requested that it not be required to comply with the Bulk Transfer Provisions of the Michigan Uniform Commercial Code as well as those of Ohio and Indiana, if applicable, and Buyer has consented to this request in exchange for Seller indemnifying Buyer against all claims made by creditors of Seller (other than those obligations assumed by Buyer pursuant to Section III), which Seller has agreed to,
Bulk Transfer Act. Buyer hereby waives any Bulk Sale Act compliance by Seller.
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