Bulk Transfer Law. Buyer waives compliance with the provisions of any applicable bulk sales or bulk transfer Law. Seller shall indemnify and hold Buyer harmless from any claims, loss or liability incurred by Buyer as a result of the failure to so comply; provided, however, such indemnity shall not apply to obligations and liabilities assumed by Buyer.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Cloud Peak Energy Resources LLC), Purchase and Sale Agreement (WESTMORELAND COAL Co)
Bulk Transfer Law. Each Buyer waives compliance with the provisions of any applicable bulk sales or bulk transfer transfers Law. Seller Sellers shall indemnify and hold Buyer Buyers harmless from any claims, loss or liability incurred by Buyer Buyers as a result of the failure to so comply; provided, however, such indemnity shall not apply to obligations and liabilities assumed by BuyerBuyers.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Western Refining, Inc.)