Common use of Waiver of Bulk-Sale and Bulk-Transfer Laws Clause in Contracts

Waiver of Bulk-Sale and Bulk-Transfer Laws. Varex hereby waives compliance by each and every member of the Parent Group with the requirements and provisions of any “bulk-sale” or “bulk-transfer” Laws of any jurisdiction that may otherwise be applicable with respect to the transfer or sale of any or all of the Varex Assets to any member of the Varex Group. Parent hereby waives compliance by each and every member of the Varex Group with the requirements and provisions of any “bulk-sale” or “bulk-transfer” Laws of any jurisdiction that may otherwise be applicable with respect to the transfer or sale of any or all of the Parent Assets to any member of the Parent Group.

Appears in 4 contracts

Samples: Separation and Distribution Agreement (Varian Medical Systems Inc), Separation and Distribution Agreement (Varex Imaging Corp), Separation and Distribution Agreement (Varex Imaging Corp)

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Waiver of Bulk-Sale and Bulk-Transfer Laws. Varex Xxxx hereby waives compliance by each and every member of the Parent Group with the requirements and provisions of any “bulk-sale” or “bulk-transfer” Laws of any jurisdiction that may otherwise be applicable with respect to the transfer or sale of any or all of the Varex Xxxx Assets to any member of the Varex Xxxx Group. Parent hereby waives compliance by each and every member of the Varex Xxxx Group with the requirements and provisions of any “bulk-sale” or “bulk-transfer” Laws of any jurisdiction that may otherwise be applicable with respect to the transfer or sale of any or all of the Parent Assets to any member of the Parent Group.

Appears in 3 contracts

Samples: Master Separation Agreement (Netgear, Inc), Master Separation Agreement (Arlo Technologies, Inc.), Master Separation Agreement (Arlo Technologies, Inc.)

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