Bulk Sales Act. Seller shall be responsible for compliance with -------------- the provisions of any bulk sales statute applicable to the Transaction, and shall indemnify and hold Buyer harmless from and against any claims, actions, liabilities and all costs and expenses, including reasonable legal fees, incurred or suffered by Buyer as a result of the failure to comply with any such statute.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Radio One Inc), Asset Purchase Agreement (Radio One Inc), Asset Purchase Agreement (Radio One Inc)
Bulk Sales Act. Seller shall be responsible for compliance with -------------- the provisions of any bulk sales statute applicable agrees to the Transactionindemnify, and shall indemnify defend, and hold Buyer harmless from and against any claims, actionsliabilities, liabilities and all costs and costs, or expenses, including reasonable legal attorneys' fees, incurred or suffered by that Buyer may incur as a result of the failure to comply with any such statutethe bulk sales provisions of the Uniform Commercial Code or similar laws.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Usinternetworking Inc), Asset Purchase Agreement (Chancellor Media Corp of Los Angeles), Asset Purchase Agreement (Beasley Broadcast Group Inc)
