Common use of WAIVER OF COMPLIANCE WITH THE BULK SALES ACT Clause in Contracts

WAIVER OF COMPLIANCE WITH THE BULK SALES ACT. In connection with the transactions contemplated hereby, the parties shall waive compliance with the provisions of Article 6 of the Uniform Commercial Code Bulk Transfers and the Bulk Sales Act and any other applicable United States, state or provincial bulk sales act or statute ("Bulk Sales Acts").

Appears in 2 contracts

Samples: Asset Purchase Agreement (Boca Research Inc), Asset Purchase Agreement (Oneworld Systems Inc)

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WAIVER OF COMPLIANCE WITH THE BULK SALES ACT. In connection with the transactions contemplated hereby, the parties shall waive compliance with the provisions of Article 6 of the Uniform Commercial Code Bulk Transfers and the Bulk Sales Act Act, to the extent applicable, and any other applicable United States, state or provincial bulk sales act or statute ("Bulk Sales Acts").

Appears in 1 contract

Samples: Asset Purchase Agreement (Aura Systems Inc)

WAIVER OF COMPLIANCE WITH THE BULK SALES ACT. In connection with the transactions contemplated hereby, the parties shall waive compliance with the provisions of Article 6 of the Uniform Commercial Code Bulk Transfers and the Bulk Sales Act and any other applicable United States, state or provincial bulk sales act or statute ("Bulk Sales Acts"); provided, however, the Company shall be indemnify Buyer for any and all Losses incurred by Buyer arising from the Company's failure to comply with the Bulk Sales Act.

Appears in 1 contract

Samples: Asset Purchase Agreement (Tut Systems Inc)

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WAIVER OF COMPLIANCE WITH THE BULK SALES ACT. In connection with the transactions contemplated hereby, only if applicable, the parties shall waive compliance with the provisions of Article 6 of the Uniform Commercial Code - Bulk Transfers and the Bulk Sales Act Act, to the extent applicable, and any other applicable United States, state or provincial bulk sales act or statute ("β€œBulk Sales Acts"”).

Appears in 1 contract

Samples: Asset Purchase Agreement (Aura Systems Inc)

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