Common use of Anti-avoidance Clause in Contracts

Anti-avoidance. All transactions or arrangements made by the Company or any Subsidiary have been made on fully arm's length terms. There are no circumstances in which section 770A of, or Schedule 28AA to, ICTA 1988 or any other rule or provision could apply causing any Taxing Authority to make an adjustment to the terms on which such transaction or arrangement is treated as being made for Taxation purposes, and no notice or enquiry has been made by any Taxing Authority in connection with any such transactions or arrangements.

Appears in 2 contracts

Samples: Share Purchase Agreement (Purpose Financial Holdings, Inc.), Share Purchase Agreement (Purpose Financial Holdings, Inc.)

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Anti-avoidance. 11.1 All transactions or arrangements made by the Company or any Subsidiary have been made on fully arm's ’s length terms. There terms and there are no circumstances in which section 770A of, or Schedule 28AA to, ICTA 1988 or any other rule or provision could apply causing any Taxing Taxation Authority to make an adjustment to the terms on which such transaction or arrangement is treated as being made for Taxation purposes, and no notice or enquiry has been made by any Taxing Authority in connection with any such transactions or arrangements.

Appears in 1 contract

Samples: Share Purchase Agreement (MTS Medication Technologies, Inc /De/)

Anti-avoidance. All transactions or arrangements made by the Company or any Subsidiary have been made on fully arm's ’s length terms. There are no circumstances in which section Section 770A of, or Schedule 28AA to, ICTA 1988 or any other rule or provision could apply causing allowing any Taxing Taxation Authority to make an adjustment to the terms on which such transaction or arrangement is treated as being made for Taxation purposes, and no notice or enquiry has been made by any Taxing Taxation Authority in connection with any such transactions or arrangements.

Appears in 1 contract

Samples: Share Purchase Agreement (Multi Fineline Electronix Inc)

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Anti-avoidance. (i) All transactions or arrangements made by the Company or any Subsidiary have been made on fully arm's arms length terms. There are no circumstances in which section Section 770A of, or Schedule 28AA to, ICTA 1988 or any other rule or provision could apply causing allowing any Taxing Taxation Authority to make an adjustment to the terms on which such transaction or arrangement is treated as being made for Taxation purposes, and no notice or enquiry has been made by any Taxing Taxation Authority in connection with any such transactions or arrangements.

Appears in 1 contract

Samples: Share Purchase Agreement (Versar Inc)

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