Common use of Depreciatory transactions Clause in Contracts

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 likely to be reduced by virtue of the provisions of sections 176 and 177, TCGA.

Appears in 2 contracts

Samples: Agreement (Cunningham Graphics International Inc), Agreement (Phone Com Inc)

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Depreciatory transactions. (a) No allowable 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 likely liable to be reduced by virtue of the provisions application of sections section 176 and 177, TCGAof the TCGA (transactions in a group) or section 177 of the TCGA (dividend stripping).

Appears in 2 contracts

Samples: Agreement (Cross Country Healthcare Inc), Herley Industries Inc /New

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 likely liable to be reduced by virtue of any depreciatory transaction within the provisions meaning of sections TCGA Sections 176 and 177, TCGA177 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. (ai) No allowable loss which might accrue on the disposal by the Company of any share in or security of any company asset is likely liable to be reduced by virtue of any depreciatory transaction within the meaning of Sections 176 and 177 of the TCGA nor is any expenditure on any share or security liable to be reduced under Section 125 of the TCGA and no chargeable gain or allowable loss arising on a disposal by the Company is likely to be adjusted pursuant to the provisions of sections 176 Sections 29 and 177, TCGA30 of the TCGA or to fall within the provisions of Section 34 thereof relating to value shifting.

Appears in 1 contract

Samples: Stock Purchase Agreement (Comtrex Systems Corp)

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 likely liable to be reduced by virtue of any depreciatory transaction within the provisions meaning of sections Section 176 and 177, TCGASection 177 TCGA 1992 nor is any expenditure on any share or security liable to be reduced under Section 125 TCGA 1992.

Appears in 1 contract

Samples: Merger Agreement (Whittman Hart 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 likely liable to be reduced by virtue of any depreciatory transaction within the provisions meaning of sections 176 s.176 and 177, TCGAs.177 TCGA 1992 nor is any expenditure on any share or security liable to be reduced under s.125 TCGA 1992.

Appears in 1 contract

Samples: Syniverse Holdings LLC

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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 likely liable to be reduced by virtue of any depreciatory transaction within the provisions meaning of sections 176 and 177177 TCGA, nor is any expenditure on any share or security liable to be reduced under section 125 TCGA.

Appears in 1 contract

Samples: Krug International Corp

Depreciatory transactions. (ai) No allowable loss which might accrue on the disposal by the Company of any share in or security of any company is likely to be reduced by virtue of the provisions of sections 176 and 177, TCGA.

Appears in 1 contract

Samples: Share Purchase Agreement (Inverness Medical Innovations Inc)

Depreciatory transactions. (a) 11. No allowable loss which might accrue on the disposal by the Company of any share in or security of any other company is likely liable to be reduced by virtue of any depreciatory transaction within the provisions meaning of sections Section 176 and 177, TCGA nor is any expenditure by the Company on any share or security liable to be reduced under Section 125 TCGA.

Appears in 1 contract

Samples: Agreement (Information Management Resources Inc)

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