Perstorp UK Sample Clauses

Perstorp UK. (a) The Disclosure Letter contains details of all arrangements relating to the surrender of tax refunds under Section 102 Finance Xxx 0000 to which Components UK is or has been a party and: (i) all notices given by Components UK for any such surrender were when made and are now valid, and Perstorp knows of no reason why such notices should not be allowed; and (ii) Components UK is not liable to make any payment which is not provided for in the Accounts or in the Completion Date Balance Sheet and has received all payments due to it under any arrangement or agreement for the surrender of a tax refund and no such payment exceeds or could exceed the amount permitted by Section 102(7) Finance Xxx 0000. (b) The Disclosure Letter contains details of all arrangements relating to group relief under Sections 402-413 Taxes Act 1988 to which Components UK is or has been a party and: (i) all claims by Components UK for group relief were when made and are now valid and either have been allowed by way of relief from corporation tax or Perstorp knows of no reason why such claims shall not be allowed; (ii) Components UK has not made nor is liable to make any payment for group relief otherwise than in consideration for the surrender of group relief allowable to Components UK by way of relief from corporation tax; (iii) no such payment exceeds or could exceed the amount permitted by Section 402(6) Taxes Xxx 0000; and
Sample 1
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