Bulk Sales Act definition

Bulk Sales Act means the Bulk Sales Act (Ontario).
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Bulk Sales Act means legislation, in any jurisdiction, designed to notify or protect creditors of an entity which sells, or agrees to sell, all, or any substantial portion, of the assets used in that entity's business.
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Bulk Sales Act means the Bulk Sales Act, R.S.O. 1990, c. B-14, as amended.
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Examples of Bulk Sales Act in a sentence

  • The sale of the Purchased Assets will not constitute a sale of all or substantially all of the assets of the Vendor for the purposes of the Bulk Sales Act (Ontario).

  • The parties agree to waive compliance with the Bulk Sales Act (Ontario) and any other bulk sales legislation in the jurisdictions in which any of the Acquired Assets are located.

  • The Vendor shall have delivered to the Purchaser evidence to satisfy the Purchaser that the sale and purchase of the Purchased Assets pursuant to this Agreement is in compliance with the provisions of the Bulk Sales Act (Ontario) and such compliance may consist of an order of the court made pursuant to s.3 of the Act.

  • The provisions and requirements of the Bulk Sales Act are all material terms of this agreement and are incorporated by reference herein and included herewith as Exhibit “C” for ease of reference.

  • Buyer agrees to comply with all applicable provisions of the Bulk Sales Act.

  • Seller represents and warrants that it will reveal (during the Due Diligence period) all debts and legal obligations owed to anyone or anything regarding seller and the businesses and the assets, as well as any pending or threatened claims or legal actions, including compliance with all applicable provisions of the Bulk Sales Act.

  • The aforementioned escrow instructions will include creditor notice, publication, payment and other salient provisions in accordance with the Bulk Sales Act.

  • Seller will deposit the required information for buyer’s use under section 6104 of the Bulk Sales Act.

  • Div.), where the court found that the defendant in purchasing the inventory and equipment at cost was attempting to gain a financial advantage over other creditors and declared the sale void for lack of compliance with the Bulk Sales Act.

  • The parties shall comply with the Bulk Sales Act of the state of , or in the absence of applicable state law, the provisions of the Uniform Commercial Code shall be followed.


More Definitions of Bulk Sales Act

Bulk Sales Act shall have the meaning ascribed thereto in Section 3.8 hereof.
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Bulk Sales Act has the meaning set forth in Section 6.15.
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Bulk Sales Act. Seller shall have complied with all Applicable Laws pertaining to or arising under the bulk sales laws of the jurisdictions which regulate Seller's Business activities.
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Related to Bulk Sales Act

  • Bulk Sales Laws shall have the meaning set forth in Section 2.9.

  • Cannabis Act means An Act respecting cannabis and to amend the Controlled Drugs and Substances Act, the Criminal Code and other Acts, S.C. 2018, c. 16, as amended from time to time.

  • OHS Act means the Occupational Health and Safety Act 2004;

  • WHS Act means the Work Health and Safety (National Uniform Legislation) Act 2011 (NT) and includes subordinate legislation made under that Act including regulations and approved codes of practice as well as any amendment, re-enactment or replacement of such Act ; and

  • Taxes Act means the Taxes Consolidation Act, 1997 (of Ireland) as amended.

  • Gaming Machines Act means the Gaming Machines Act 2001 and any regulation made under the Gaming Machines Act 2001. Any reference to a provision of the Gaming Machines Act includes a reference to the same or similar provision in any legislation replacing, amending or modifying the Gaming Machines Act however that provision may be amended in that legislation.

  • PPS Act means the Personal Property Securities Act 2009 (Cth).

  • CARES Act means the Coronavirus Aid, Relief, and Economic Security Act, as amended.

  • FAIS Act means the Financial Advisory and Intermediary Services Act, 2002 (Act No. 37 of 2002);

  • Bulk transfer means a transfer of motor fuel from 1 location to another by pipeline tender or marine delivery within the bulk transfer/terminal system, including, but not limited to, all of the following transfers:

  • Structures Act means the Local Government: Municipal Structures Act, 1998 (Act No. 117 of 1998);

  • Mining Act means the Mining Xxx 0000;

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • Data Protection Laws and Regulations means all laws and regulations, including laws and regulations of the European Union, the European Economic Area and their member states, Switzerland and the United Kingdom, applicable to the Processing of Personal Data under the Agreement.

  • CER Act means the Canadian Energy Regulator Act (Canada), and regulations thereunder, all as amended or replaced from time to time.

  • FCC Regulations means the regulations duly and lawfully promulgated by the FCC, as in effect from time to time.

  • Radio Regulations means the Radio Regulations annexed to, or regarded as being annexed to, the most recent International Telecommunication Convention which may be in force at any time.

  • Foreign Corrupt Practices Act means the Foreign Corrupt Practices Act of the United States, 15 U.S.C. Sections 78a, 78m, 78dd-1, 78dd-2, 78dd-3, and 78ff, as amended, if applicable, or any similar law of the jurisdiction where the Property is located or where the Company or any of its Subsidiaries transacts business or any other jurisdiction, if applicable.

  • TUPE Regulations means the Transfer of Undertakings (Protection of Employment) Regulations 2006, as amended.

  • These regulations means 9VAC5-10 (General Definitions) through 9VAC5-80 (Permits for Stationary Sources).

  • Anticorruption Laws means the U.S. Foreign Corrupt Practices Act of 1977, or any other anticorruption or anti-bribery Applicable Law applicable to the Company or any of the Company Subsidiaries.

  • the 1991 Act means the Water Industry Act 1991(a);

  • POPI Act means the Protection of Personal Information Act 4 of 2013 as may be amended from time to time;

  • the 1998 Act means the Social Security Act 1998;

  • Public Works Act means the Public Works Xxx 0000;

  • FOI Act means the Freedom of Information Xxx 0000 and any subordinate legislation made under this Act from time to time together with any guidance and/or codes of practice issued by the Information Commissioner in relation to such legislation;