Bulk Sale definition
Examples of Bulk Sale in a sentence
The parties shall forthwith provide to Escrow Holder any and all documentation necessary for Escrow Holder to publish its notices as required by the Bulk Sale Laws of the State of California.
Notwithstanding any other provision of this Contract, Seller’s Bulk Sale Covenant shall survive Closing for thirty-six (36) months (the “Bulk Sale Survival Period”) and shall not be deemed to merge into or be waived by the Deed or any other closing documents.
For the period from Closing until the expiration of the Bulk Sales Survival Period, Buyer shall indemnify Seller for any additional taxes related to the Purchase Price allocated to Tangible Personal Property which may become due as the result of an audit or other determination by the State of New York (“Seller’s Bulk Sale Covenant”).
The Notice to Creditors of Bulk Sale shall have been published and all requirements of the California Commercial Code relating to “Bulk Sales” shall have been complied with by the parties.
Seller shall use commercially reasonable efforts to deliver the Crude Oil subject to the Bulk Sale to the Requested Destination Point.