Disposal of debts. No taxable profit or gain would accrue on the disposal or settlement of any debt owed to any Relevant Company at the value of that debt adopted for the purposes of the Financial Statements.
Appears in 2 contracts
Samples: Acquisition Agreement, Acquisition Agreement (Sylvan Learning Systems Inc)
Disposal of debts. No material taxable profit or gain would accrue on the disposal or settlement of any debt owed to any Relevant the Company Group at the value of that debt adopted for the purposes of the Financial StatementsAudited Accounts.
Appears in 1 contract
Samples: Share Subscription and Purchase Agreement (Sanmina Corp)
Disposal of debts. 15. No taxable Taxable profit or gain would accrue on the disposal or settlement of any debt owed to any Relevant the Company at the value of that debt adopted for the purposes of the Financial StatementsAccounts for the period ending as on the Accounts Date.
Appears in 1 contract
Disposal of debts. No taxable profit or gain would accrue on the disposal or settlement of any debt owed to any Relevant the Company at the value of that debt adopted for the purposes of the Financial StatementsAccounts.
Appears in 1 contract
Samples: Agreement (SBS Broadcasting S A)
Disposal of debts. No taxable profit or gain would accrue on the disposal or settlement of any debt owed to any Relevant a Company at the book value of that debt or at the value adopted for the purposes of the Financial StatementsAccounts.
Appears in 1 contract
Disposal of debts. No taxable profit or gain would accrue on the disposal or settlement of any debt owed to any Relevant the Company or the Subsidiaries at the book value of that debt or at the value adopted for the purposes of the Financial StatementsAudited Accounts.
Appears in 1 contract
