Common use of Waiver of Bulk Sales Compliance Clause in Contracts

Waiver of Bulk Sales Compliance. Buyer and Seller each waives compliance with the provisions of applicable statutes relating to bulk transfers or bulk sales. Seller and Shareholders agree to indemnify Buyer from any loss, costs, or damage arising out of such waiver.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Brill Media Co LLC), Asset Purchase Agreement (Brill Media Co LLC), Asset Purchase Agreement (Brill Media Co LLC)

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Waiver of Bulk Sales Compliance. Buyer and Seller each waives hereby waive compliance with the provisions bulk sales laws of any applicable statutes relating to bulk transfers or bulk sales. jurisdiction, and Seller and Shareholders agree hereby agrees to indemnify and hold harmless Buyer from and against any loss, costs, or damage claims arising out of or due to the failure to comply with such waiverbulk sales laws.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Turbochef Technologies Inc), Asset Purchase Agreement (Challenger Powerboats, Inc.), Asset Purchase Agreement (Execute Sports Inc)

Waiver of Bulk Sales Compliance. Buyer and Seller each Each of the parties hereto waives compliance with any applicable bulk sales or similar provisions, provided however, that the provisions of applicable statutes relating to bulk transfers or bulk sales. Seller and Shareholders agree hereby agrees to indemnify Buyer and hold harmless Purchaser from and against any lossand all losses, costsexpenses, claims, liabilities or damage attorneys fees arising out as a result of such waiver.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (iGambit, Inc.)

Waiver of Bulk Sales Compliance. Buyer Purchaser and Seller each waives hereby waive compliance with the provisions bulk sales Laws of any applicable statutes relating to bulk transfers or bulk sales. jurisdiction, and Seller shall indemnify, defend and Shareholders agree to indemnify Buyer hold harmless Purchaser and its Affiliates from and against any loss, costs, or damage claims arising out of or due to the failure to comply with such waiverbulk sales Laws.

Appears in 1 contract

Samples: Asset Purchase Agreement (Yuenglings Ice Cream Corp)

Waiver of Bulk Sales Compliance. Buyer Buyers and Seller each waives Sellers hereby waive compliance with the provisions bulk sales laws of any applicable statutes relating jurisdiction in connection with the sale of the Purchased Assets pursuant to bulk transfers or bulk sales. this Agreement, and each Seller and Shareholders agree hereby agrees to indemnify Buyer and hold harmless Buyers from and against any loss, costs, or damage claims arising out of or due to the failure of such waiverSeller to comply with such bulk sales laws.

Appears in 1 contract

Samples: Asset Purchase Agreement (Tasker Capital Corp)

Waiver of Bulk Sales Compliance. The Buyer and Seller each waives the Sellers hereby waive compliance with the provisions bulk sales Laws of any applicable statutes relating to bulk transfers or bulk sales. Seller jurisdiction, and Shareholders agree to the Sellers shall indemnify and hold harmless Buyer from and against any loss, costs, or damage claims arising out of or due to the failure to comply with such waiver.bulk sales Laws. 138358.00102/7150960v.7

Appears in 1 contract

Samples: Asset Purchase Agreement (Ceelox Inc.)

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Waiver of Bulk Sales Compliance. In reliance upon the indemnity of Seller in Section 8.1(c), Buyer and Seller each hereby waives compliance by Seller with the provisions of any bulk sales or transfer law applicable statutes relating to bulk transfers or bulk sales. Seller and Shareholders agree to indemnify Buyer from any loss, costs, or damage arising out of such waiverand/or this transaction.

Appears in 1 contract

Samples: Asset Purchase Agreement (Masada Security Holdings Inc)

Waiver of Bulk Sales Compliance. Buyer and Seller each waives Sellers hereby waive compliance with the provisions bulk sales laws of any applicable statutes relating to bulk transfers or bulk sales. Seller and Shareholders agree to indemnify Buyer from any loss, costs, or damage arising out of such waiverjurisdiction.

Appears in 1 contract

Samples: Purchase Agreement (Pantry Inc)

Waiver of Bulk Sales Compliance. The Buyer and Seller each hereby waives compliance by the Seller with the provisions of the bulk sales laws or similar laws of any state or other jurisdiction that may be applicable statutes relating to bulk transfers or bulk sales. Seller and Shareholders agree to indemnify Buyer from any loss, costs, or damage arising out of such waiverthe transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Teco Energy Inc)

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