Capital Allowances. 3.1 No balancing charge under the CAA 2001 (or any other legislation relating to capital allowances) would be made on the Company on the disposal of any pool of assets (that is, all those assets whose expenditure would be taken into account in computing whether a balancing charge would arise on a disposal of any other of those assets) or of any asset not in such a pool, on the assumption that the disposals are made for a consideration equal to the book value shown in or adopted for the purpose of the Accounts for the assets in the pool or (as the case may be) for the asset.
Appears in 2 contracts
Samples: Share Purchase Agreement (Coda Octopus Group, Inc.), Share Purchase Agreement (Futuremedia PLC)
Capital Allowances. 3.1 No balancing charge under the CAA 2001 (or any other legislation relating to capital allowances) would be made on the Company or any Subsidiary on the disposal of any pool of assets (that is, all those assets whose expenditure would be taken into account in computing whether a balancing charge would arise on a disposal of any other of those assets) or of any asset not in such a pool, on the assumption that the disposals are made for a consideration equal to the book value shown in or adopted for the purpose of the Accounts for the assets in the pool or (as the case may be) for the asset.
Appears in 2 contracts
Samples: Share Purchase Agreement (MTS Medication Technologies, Inc /De/), Sale and Purchase Agreement (Symmetry Medical Inc.)
Capital Allowances. 3.1 8.1 No balancing charge under the CAA Capital Allowances Act 2001 ("CAA") (or any other legislation relating to any capital allowances) would be made on the Company on the disposal of any pool of assets (that is, is to say all those assets whose expenditure relating to which would be taken into account in computing whether a balancing charge would arise on a disposal of any other of those assets) or of any asset not in such a pool, on the assumption that the disposals are were made for a consideration equal to the book value shown in or adopted for the purpose of the Accounts for the assets in the pool or (as the case may be) for the asset.
Appears in 1 contract
Samples: Pharmchem Inc
Capital Allowances. 3.1 No balancing charge under the CAA 2001 (or any other legislation relating to capital allowances) would be made on the Company or the Subsidiary on the disposal of any pool of assets (that is, all those assets whose expenditure would be taken into account in computing whether a balancing charge would arise on a disposal of any other of those assets) or of any asset not in such a pool, on the assumption that the disposals are made for a consideration equal to the book value shown in or adopted for the purpose of the Accounts for the assets in the pool or (as the case may be) for the asset.
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Capital Allowances. 3.1 No balancing charge under the CAA 2001 (or any other legislation relating to any capital allowances) would be made on the Company on the disposal of any pool of assets (that is, is to say all those assets whose expenditure relating to which would be taken into account in computing whether a balancing charge would arise on a disposal of any other of those assets) or of any asset not in such a pool, on the assumption that the disposals are a disposal is made for a consideration equal to the book value shown in or adopted for the purpose of the Accounts for the assets in the pool or (as the case may be) for the assetpool.
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Capital Allowances. 3.1 32.1 No balancing charge under the CAA 2001 (or any other legislation relating to any capital allowances) would be made on the Company on the disposal of any pool of assets (that isis to say, all those assets whose expenditure relating to which would be taken into account in computing whether a balancing charge would arise on a disposal of any other of those assets) or of any asset not in such a pool, on the assumption that the disposals are made for a consideration equal to the book value shown in or adopted for the purpose of the Accounts for the assets in the pool or (as the case may be) for the asset.
Appears in 1 contract
Samples: Jupitermedia Corp
Capital Allowances. 3.1 9.10.1 No balancing charge under the CAA 2001 (or any other legislation relating to capital allowances) would be made on the Company on the disposal of any pool of assets (that is, all those assets whose expenditure would be is taken into account in computing whether a balancing charge would arise on a disposal of any other of those assets) or of any asset not in such a pool, on the assumption that the disposals are made for a consideration equal to the book value shown in or adopted for the purpose purposes of the Accounts for the assets in the pool or (as the case may be) for the asset.
Appears in 1 contract
Samples: Agreement (Edgen Murray PLC)
Capital Allowances. 3.1 27.1 No balancing charge under the CAA 2001 (or any other legislation relating to capital allowances) would be made on the Company on the disposal of any pool of assets (that is, all those assets whose expenditure would be taken into account in computing whether a balancing charge would arise on a disposal of any other of those assets) or of any asset not in such a pool, on the assumption that the disposals are made for a consideration equal to the book value shown in or adopted for the purpose of the Accounts for the assets in the pool or (as the case may be) for the asset.
Appears in 1 contract
Samples: Share Purchase Agreement (Micrus Endovascular Corp)