Lowest Price. The Purchase Price for the Property is the lowest price that the parties would have agreed upon for the Property under the rules relating to the accrual treatment of income and expenditure in the Income Tax Xxx 0000 and on that basis no income or expenditure arises under those rules.
Appears in 2 contracts
Samples: Further Terms of Sale, Further Terms of Sale
Lowest Price. The Purchase Price for the Property is the lowest price that the parties would have agreed upon for the Property Shares under the rules relating to the accrual treatment of income and expenditure in the Income Tax Xxx 0000 0000, and on that basis no income or expenditure arises under those rules.
Appears in 1 contract
Samples: Agreement for Sale and Purchase of Shares (Us Office Products Co)
Lowest Price. The Purchase Price for the Property is the "lowest price that price” the parties would have agreed upon (at the date of this Agreement) for the sale and purchase of the Property under the rules relating to the accrual treatment of income and expenditure in the Income Tax Xxx 0000 0000, and on that basis no income or and expenditure arises under those rules. Accordingly, this Agreement is also not a deferred payment disposition under the Credit Contracts and Consumer Finance Xxx 0000.
Appears in 1 contract
Samples: Sale and Purchase Agreement