Depreciatory transactions. No loss which might accrue on the disposal by the Company of any share in or security of any company is liable to be reduced by virtue of any depreciatory transaction within the meaning of TCGA Sections 176 and 177 nor is any expenditure or any share or security liable to be reduced under TCGA Section 125.
Appears in 2 contracts
Samples: Share Sale and Purchase Agreement (SGS International, Inc.), Share Sale and Purchase Agreement (SGS International, Inc.)
Depreciatory transactions. No loss which might accrue has arisen or which may hereafter arise on the a disposal by the Company of any share shares in or security securities of any company is liable to be reduced by virtue of any depreciatory transaction within the meaning application of section 176 of the TCGA Sections 176 and (transactions in a group) or section 177 nor is any expenditure or any share or security liable to be reduced under of the TCGA Section 125(dividend stripping).
Appears in 2 contracts
Samples: Share Purchase Agreement (Herley Industries Inc /New), Share Purchase Agreement (Cross Country Healthcare Inc)
Depreciatory transactions. (a) No allowable loss which might accrue on the disposal by the Company of any share in or security of any company is liable likely to be reduced by virtue of any depreciatory transaction within the meaning provisions of TCGA Sections sections 176 and 177 nor is 177, TCGA.
(b) The Company has not been a party to any expenditure scheme or any share or security liable to be arrangement whereby the value of an asset has been materially reduced under TCGA Section 125as set out in sections 30-34, TCGA.
Appears in 2 contracts
Samples: Sale and Purchase Agreement (Cunningham Graphics International Inc), Share Purchase Agreement (Phone Com Inc)
Depreciatory transactions. No loss which might accrue on the disposal by the Company of any share in or security of any other company is liable to be reduced by virtue of any depreciatory transaction within the meaning of Section 176 TCGA Sections 176 and 177 nor is any expenditure or by the Company on any share or security liable to be reduced under TCGA Section 125125 TCGA.
Appears in 1 contract
Samples: Acquisition Agreement (Information Management Resources Inc)
Depreciatory transactions. No loss which might accrue has arisen or which may hereafter arise on the a disposal by any of the Company Companies of any share shares in or security securities of any company is liable to be reduced by virtue of any depreciatory transaction within the meaning application of section176 of TCGA Sections 176 and (transactions in a group) or section 177 nor is any expenditure or any share or security liable to be reduced under of TCGA Section 125(dividend stripping).
Appears in 1 contract
Depreciatory transactions. No loss which might accrue has arisen or which may hereafter arise on the a disposal by the any Company of any share shares in or security securities of any company is liable to be reduced reduced, and no chargeable gain is liable to be created or increased by virtue of the application of section 176 of the TCGA (transactions in a group) or section 177 of the TCGA (dividend stripping) in consequence of any depreciatory transaction within occurring prior to the meaning date of TCGA Sections 176 and 177 nor is any expenditure or any share or security liable to be reduced under TCGA Section 125this agreement.
Appears in 1 contract
Samples: Share Purchase Agreement (Stewart & Stevenson Services Inc)
Depreciatory transactions. (i) No allowable loss which might accrue on the disposal by the Company of any share in or security of any company is liable likely to be reduced by virtue of any depreciatory transaction within the meaning provisions of TCGA Sections sections 176 and 177 nor is 177, TCGA.
(ii) The Company has not been a party to any expenditure scheme or any share or security liable to be arrangement whereby the value of an asset has been materially reduced under TCGA Section 125as set out in sections 30-34, TCGA.
Appears in 1 contract
Samples: Share Purchase Agreement (Inverness Medical Innovations Inc)
Depreciatory transactions. No loss which might accrue has arisen or which may hereafter arise on the a disposal by the Company of any share shares in or security securities of any company is liable to be reduced by virtue of any depreciatory transaction within the meaning application of section 176 of TCGA Sections 176 and (transactions in a group) or section 177 nor is any expenditure or any share or security liable to be reduced under of TCGA Section 125(dividend stripping).
Appears in 1 contract