Common use of Intra-Group Transfers Clause in Contracts

Intra-Group Transfers. The Company has not acquired any asset other than trading stock from any other company belonging at the time of acquisition to the same group of companies as the Company within the meaning of section 170 of TCGA and no member of any group of companies of which the Company is or has at any material time been the principal company (as defined in section 170(2)(b) of TCGA) has so acquired any asset. INHERITANCE TAX

Appears in 1 contract

Samples: Acquisition Agreement (Leisure Travel Group Inc)

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Intra-Group Transfers. The Save as Disclosed in the Disclosure Letter, the Company has not acquired any asset other than trading stock from any other company belonging at the time of acquisition to the same group of companies as the Company within the meaning of section 170 of TCGA and no member of any group of companies of which the Company is or has at any material time been the principal company (as defined in section 170(2)(b) of TCGA) has so acquired any asset. INHERITANCE TAX.

Appears in 1 contract

Samples: Share Purchase Agreement (Allied Healthcare International Inc)

Intra-Group Transfers. The Company has not at any time after 6 April 1991 acquired any asset other than trading stock from any other company other than another Group Company belonging at the time of acquisition to the same group of companies as the Company within the meaning of section 170 of the TCGA and no member (other than another Group Company) of any group of companies of which the Company is or has at any material time been the principal company (as defined in section 170(2)(b) of the TCGA) has so acquired any asset. INHERITANCE TAX.

Appears in 1 contract

Samples: Share Purchase Agreement (Big Flower Press Holdings Inc)

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Intra-Group Transfers. The No Group Company has not within the last three years acquired any asset or liability (other than trading stock stock) from any other company belonging at the time of acquisition to the same group of companies as either of the Company Companies within the meaning of section 170 of the TCGA and no member of any group of companies of which each of the Company Companies is or has at any material time been the principal company (as defined in section 170(2)(b) of the TCGA) has so acquired any assetasset or liability. INHERITANCE TAXAshurst 52

Appears in 1 contract

Samples: Share Purchase Agreement (Cadre Holdings, Inc.)

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