Common use of Bulk Transfer Law Clause in Contracts

Bulk Transfer Law. Buyer waives compliance with the provisions of any applicable bulk sales or bulk transfer Law. Seller shall indemnify and hold Buyer harmless from any claims, loss or liability incurred by Buyer as a result of the failure to so comply; provided, however, such indemnity shall not apply to obligations and liabilities assumed by Buyer.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Cloud Peak Energy Resources LLC), Purchase and Sale Agreement (WESTMORELAND COAL Co)

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Bulk Transfer Law. Buyer hereby waives compliance by Sellers with the provisions of any applicable bulk sales or so-called bulk transfer Law. Seller shall indemnify and hold Buyer harmless from law of any claims, loss or liability incurred by Buyer as a result jurisdiction in connection with the sale of the failure Purchased Assets to so comply; provided, however, such indemnity Buyer hereunder. Nothing herein contained shall not apply be deemed to obligations and liabilities assumed by Buyerimply that any of the parties hereto asserts that any so-called bulk transfer law in fact applies to the within transaction.

Appears in 1 contract

Samples: Asset Purchase Agreement (National Home Health Care Corp)

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Bulk Transfer Law. Each Buyer waives compliance with the provisions of any applicable bulk sales or bulk transfer transfers Law. Seller Sellers shall indemnify and hold Buyer Buyers harmless from any claims, loss or liability incurred by Buyer Buyers as a result of the failure to so comply; provided, however, such indemnity shall not apply to obligations and liabilities assumed by BuyerBuyers.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Western Refining, Inc.)

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