CHARGEABLE GAINS. The book value shown or adopted for the purposes of the Accounts as the value of each of the assets of the Company on the disposal of which a chargeable gain or allowable loss could arise does not exceed the amount which on a disposal of such asset at the date of this Agreement would be deductible under section 38 of TCGA 1992.
Appears in 2 contracts
Sources: Sale and Purchase Agreement (Capital Markets Technologies, Inc.), Share Purchase Agreement (Coda Octopus Group, Inc.)
CHARGEABLE GAINS. The book value shown or adopted for the purposes of the Accounts as the value of each of the assets of the Company on the disposal of which a chargeable gain or allowable loss could arise does not exceed the amount which on a disposal of such asset at the date of this Agreement agreement would be deductible under section 38 of TCGA 1992.
Appears in 2 contracts
Sources: Share Purchase Agreement (Micrus Endovascular Corp), Share Purchase Agreement (Futuremedia PLC)
CHARGEABLE GAINS. The book value shown in, or adopted for the purposes purposes, of the Accounts as the value of each of the assets of the Company Company, on the disposal of which a chargeable gain or allowable loss could arise arise, does not exceed the amount which on a disposal of such asset at the date of this Agreement would be deductible, in each case, disregarding any statutory right to claim any allowance or relief other than amounts deductible under section 38 of TCGA 1992.
Appears in 1 contract
Sources: Share Purchase Agreement
CHARGEABLE GAINS. 4.1 The book value shown in, or adopted for the purposes of of, the Accounts as the value of each of the assets of the Company (or the consideration given for the acquisition of such an asset acquired since the Accounts Date) on the disposal of which a chargeable gain or allowable loss could arise arise, does not exceed the amount which on a disposal of such asset at the date of this Agreement would be deductible, in each case, disregarding any statutory right to claim any allowance or relief other than amounts deductible under section 38 of TCGA 1992.
Appears in 1 contract
CHARGEABLE GAINS. 2.1 The book value shown or adopted for the purposes of the Accounts as the value of each of the assets of the Company or any Subsidiary on the disposal of which a chargeable gain or allowable loss could arise does not exceed the amount which on a disposal of such asset at the date of this Agreement agreement would be deductible under section 38 of TCGA 1992.
Appears in 1 contract
Sources: Sale and Purchase Agreement (Symmetry Medical Inc.)
CHARGEABLE GAINS. 7.1 The book value shown or adopted for the purposes of the Accounts as the value of each of the assets of the Company on the disposal of which a chargeable gain or allowable loss could arise does not exceed the amount which on a disposal of such asset at the date of this Agreement would be deductible under section 38 of TCGA 1992.
Appears in 1 contract
Sources: Share Purchase Agreement (TRM Corp)
CHARGEABLE GAINS. The book value shown in or adopted for the purposes of the Accounts as the value of each of the assets of the Company on the disposal of which a chargeable gain or allowable loss could arise does not exceed the amount which deductible under s 38 46 TCGA plus an indexation allowance computed as though each asset were disposed of on a disposal of such asset at the date of signing of this Agreement would be deductible under section 38 of TCGA 1992Agreement.
Appears in 1 contract
Sources: Agreement for the Sale and Purchase of Shares (Independent Energy Holdings PLC)