Common use of Capital Allowances Clause in Contracts

Capital Allowances. 11.1 No balancing charge in respect of any capital allowances claimed or given would arise if any asset of the Company were to be realised for a consideration equal to the amount of the book value of such asset as shown or included in the Accounts (or, in the case of any asset acquired since the Accounts Date, for a consideration equal to the consideration given for the acquisition).

Appears in 2 contracts

Samples: www.sec.gov, Ultralife Corp

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Capital Allowances. 11.1 10.1 No balancing charge in respect of any capital allowances claimed or given would arise if any asset of the Company Group were to be realised for a consideration equal to the amount of the book value of such asset as shown or included in the Accounts (or, in the case of any asset acquired since the Accounts Date, for a consideration equal to the consideration given for the acquisition).

Appears in 1 contract

Samples: Sale and Purchase Agreement (Sundial Growers Inc.)

Capital Allowances. 11.1 9.1 No balancing charge in respect of any capital allowances claimed or given would arise if any asset of the Company were to be realised for a consideration equal to the amount of the book value of such asset as shown or included in the Accounts (or, in the case of any asset acquired since the Accounts Date, for a consideration equal to the consideration given for the acquisition).

Appears in 1 contract

Samples: Share Purchase Agreement (Lifetime Brands, Inc)

Capital Allowances. 11.1 10.1 No balancing charge in respect of any capital allowances claimed or given would arise if any asset of the Company were to be realised for a consideration equal to the amount of the book value of such asset as shown or included in the Accounts (or, in the case of any asset acquired since the Accounts Date, for a consideration equal to the consideration given for the acquisition).

Appears in 1 contract

Samples: Share Purchase Agreement (Lifetime Brands, Inc)

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Capital Allowances. 11.1 10.1 No balancing charge in respect of any capital allowances claimed or given would arise if any asset of the Company Group were to be realised for a consideration equal to the amount of the book value of such asset as shown or included in the Management Accounts (or, in the case of any asset acquired since the Management Accounts Date, for a consideration equal to the consideration given for the acquisition).

Appears in 1 contract

Samples: Sale and Purchase Agreement (Sundial Growers Inc.)

Capital Allowances. 11.1 (a) No balancing charge in respect of any capital allowances claimed or given would arise if any asset all the assets of the Company were to be realised for a consideration equal to the amount of the book value of such asset thereof as shown or included in the Accounts (or, in the case of any asset acquired since the Accounts Date, for a consideration equal to the consideration given for the acquisition)Accounts.

Appears in 1 contract

Samples: Agreement (Big Flower Holdings Inc/)

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