Common use of Capital Allowances Clause in Contracts

Capital Allowances. 4.1 If any asset of the Company were disposed of at Completion for its book value as shown in, or adopted for the purpose of, the Accounts, or for the value of consideration actually given for it on its acquisition (if such asset were acquired since the Accounts Date), no balancing charge under CAA 2001 (or any other legislation relating to capital allowances) or similar clawback of relief in jurisdictions outside the UK would be made on the Company.

Appears in 2 contracts

Samples: Agreement (NorthStar Realty Europe Corp.), Share Purchase Agreement (Four Rivers Bioenergy Inc.)

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Capital Allowances. 4.1 (a) If any asset of the Company were disposed of at Completion Closing for its book value as shown in, or adopted for the purpose of, the Accounts, or for the value of consideration actually given for it on its acquisition (if such asset were acquired since the Accounts Date), no balancing charge under CAA 2001 (or any other legislation relating to capital allowances) or similar clawback of relief in jurisdictions outside the UK would be made on the Company.

Appears in 1 contract

Samples: Share Purchase Agreement (Dynasil Corp of America)

Capital Allowances. 4.1 If any asset of the Company or any Subsidiary were disposed of at Completion for its book value as shown in, or adopted for the purpose of, the Accounts, or for the value of consideration actually given for it on its acquisition (if such asset were acquired since the Accounts Date), no balancing charge under CAA 2001 (or any other legislation relating to capital allowances) or similar clawback of relief in jurisdictions outside the UK would be made on the CompanyCompany or that Subsidiary.

Appears in 1 contract

Samples: Share Purchase Agreement (Bright Horizons Family Solutions Inc.)

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Capital Allowances. 4.1 3.1 If any asset of the Company were disposed of at Completion the date of this agreement for its book value as shown in, or adopted for the purpose of, the Accounts, or for the value of consideration actually given for it on its acquisition (if such asset were acquired since the Accounts Date), no balancing charge under CAA 2001 (or any other legislation relating to capital allowances) or similar clawback of relief in jurisdictions outside the UK would be made on the Company.

Appears in 1 contract

Samples: Share Purchase Agreement (Interlink Electronics Inc)

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