Examples of Bulk Sales Legislation in a sentence
The parties hereto believe that, assuming compliance with this Agreement by both the Vendor and the Purchaser, it is both unnecessary for the protection of the Vendor's creditors and impracticable to comply with the Bulk Sales Legislation in the various jurisdictions in which the Purchased Assets are located.
OTHER MATTERS 24 7.1 Settlement by Seller 24 7.2 Excluded Assets 25 7.3 Payment of Excluded Liabilities 25 7.4 Covenant Not to Compete 25 7.5 Further Assurances; Parent Company Guarantee 25 7.6 Bulk Sales Legislation 25 7.7 Hiring of Employees 25 7.8 Data Processing 27 7.9 FTC Investigation 27 7.10 Environmental Investigation and Remediation 27 ARTICLE 8.
ADDITIONAL AGREEMENTS 29 9.1. Required Information 29 9.2. Public Disclosure 29 9.3. No Securities Transactions 30 9.4. Bulk Sales Legislation 30 10.
Each of the Vendor and KI agree to jointly and severally indemnify the Purchaser with respect to all costs, expenses, damages and losses which the Purchaser may incur or suffer as a result of the Vendor’s non-compliance with the Bulk Sales Legislation, other than to the extent resulting from any default by the Purchaser in assuming or fulfilling any of the Assumed Liabilities.
Accordingly, the Parties agree to waive compliance with Bulk Sales Legislation with respect to the sale of the Seller's Assets hereunder or otherwise applicable to the transactions contemplated hereby.
The parties hereto believe that, assuming compliance with this Agreement by both the Vendor and the Purchaser, it is both unnecessary for the protection of the Vendor's creditors and impracticable to comply with the Bulk Sales Legislation in the various jurisdictions in which the Purchased Assets are located and the Purchaser therefore hereby waives compliance with the applicable Bulk Sales Legislation.
The Purchaser hereby waives compliance by the Vendor with the Bulk Sales Legislation in force in the provinces where the Business is carried on.
The Parties hereto believe that, assuming compliance with this Agreement by both the Vendor and the Purchaser, it is both unnecessary for the protection of the Vendor's creditors and impracticable to comply with the Bulk Sales Legislation of the various jurisdictions in which the Purchased Assets are located.
The parties hereto believe that, assuming compliance with this Agreement by the Parties, it is both unnecessary for the protection of the Seller's creditors and impracticable to comply with the Bulk Sales Legislation in the various jurisdictions in which the Seller's Assets are located.