No Target Group. Company owns or has agreed to acquire, any asset, nor has any Target Group Company received or agreed to receive any services or facilities (including without limitation the benefit of any loan or advance or any licences or agreements), from any employee, director, officer or consultant of or to any Target Group Company or any of their connected persons which is not contracted to be provided or acquired in any agreement disclosed in the Disclosure Letter or the consideration for the acquisition or provision of which was or will be in excess of its market value, or otherwise than on an arm's length basis.
No Target Group. Company has either disposed or agreed to dispose of any asset, nor has any Target Group Company provided or agreed to provide any services or facilities (including without limitation the benefit of any loan or advance or any licences or agreements), to any employee, director, officer or consultant of or to any Target Group Company or any of their connected persons which is not contracted to be disposed of or provided in any agreement disclosed in the Disclosure Letter or the consideration for the disposal or provision of which was or will be less than its market value, or otherwise than on an arm's length basis. 97 97
No Target Group. Company operates a profit-related pay scheme as defined in Section 169 ICTA or any approved or unapproved share option scheme or an approved profit sharing scheme for the purposes of Sections 185 and 186 ICTA or otherwise.
No Target Group. Company nor any of its affiliates or subsidiaries is in receipt of any payment, guarantee, financial assistance or other aid from either the government, any state body or through state resources which was not, but should have been, notified to the European Commission under Article 108 of the Treaty on the Functioning of the European Union for a decision declaring such aid to be compatible with the common market.
No Target Group. Company is under a contractual obligation to make any future change in the remuneration or benefits of any of the employees other than salary or wage increases in the ordinary course of business.
No Target Group. Company has been a party to a “relevant transfer” (as defined in the Transfer of Undertakings (Protection of Employment) Regulations 2006) at any time during the period of three years immediately preceding the date of this Agreement and no Employees have had their Employee Agreements varied for any reason as a result of or connected to such a relevant transfer.
No Target Group. Company is subject to Tax in any jurisdiction other than its country of incorporation or formation by virtue of having a permanent establishment, place of business or source of income in that country.
No Target Group. Company is a party to any shareholders’ agreement or similar arrangement that purports to regulate, control or otherwise affect the voting or disposition of its shares.
No Target Group. Company has factored any debts, or engaged in any financing arrangements or arrangements having the commercial effect of borrowing, not shown in the Last Accounts.
No Target Group. Company owns or has any interest of any nature whatsoever in any shares, debentures or other securities issued by any undertaking other than, in respect of the Target Holding Company, its equity interests in the Target Company.
