Common use of Secondary Liability Clause in Contracts

Secondary Liability. No transaction or event has occurred in consequence of which the Company is or may be held liable for any Tax or deprived of Relief otherwise available to it or may otherwise be held liable for or to indemnify any person in respect of any Tax for which some other company or person was primarily liable (whether by reason of any such other company being or having been a member of the same group of companies or otherwise). CORPORATION TAX

Appears in 2 contracts

Samples: Share Purchase Agreement (Aether Systems Inc), Share Purchase Agreement (Aether Systems LLC)

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Secondary Liability. No So far as the Vendors are aware, no transaction or event has occurred in consequence of which the Company is or may be held liable for any Tax Taxation or deprived of Relief reliefs or allowances otherwise available to it or may be otherwise be held liable for or to indemnify any person in respect of any Tax Taxation for which some other company or person was primarily liable (whether by reason of any such other company being or having been a member of the same group of companies or otherwise). CORPORATION TAX.

Appears in 2 contracts

Samples: Officers and Employees (Dollar Financial Group Inc), Officers and Employees (Dollar Financial Group Inc)

Secondary Liability. No transaction or event has occurred in consequence of which the Company is or may be held liable for any Tax tax or deprived of Relief relief or allowances otherwise available to it or may otherwise be held liable for or to indemnify any person in respect of any Tax tax for which some other company or person was primarily liable (whether by reason of any such other company being or having been a member of the same group of companies or otherwise). CORPORATION TAX

Appears in 2 contracts

Samples: Agreement (European Micro Holdings Inc), Agreement (Leisure Travel Group Inc)

Secondary Liability. 5.14.1 No transaction or event has occurred in consequence of which the Company is or may be held liable for any Tax taxation or deprived of Relief any relief or allowance otherwise available to it or may be otherwise be held liable for or to indemnify any person in respect of any Tax taxation for which some other company or person was primarily liable (whether by reason of any such other company being or having been a member of the same group of companies or otherwise). CORPORATION TAX.

Appears in 1 contract

Samples: Share Purchase Agreement (Interliant Inc)

Secondary Liability. (1) No transaction transaction, act, omission or event has occurred in consequence of which the Company is or may be held liable for any Tax or deprived of any Relief or allowances otherwise available to it or may otherwise be held liable for or to indemnify any person in respect consequence of any Tax for which where some other company or person was is primarily liable for the Tax in question and has failed to discharge such Tax (whether by reason of any such other company being or having been a member of the same group of companies or otherwise). CORPORATION TAX.

Appears in 1 contract

Samples: Share Purchase Agreement (Quantum Corp /De/)

Secondary Liability. No transaction or event has occurred in consequence of which the Company is or may be held liable for any Tax or deprived of Relief otherwise available to it or may otherwise be held liable for or to indemnify any person in respect of any Tax for which Tax, where some other company or person was is or may become primarily liable for the Tax in question (whether by reason of any such other company being or having been a member of the same group of companies or otherwise). CORPORATION TAX.

Appears in 1 contract

Samples: Agreement (Cross Country Healthcare Inc)

Secondary Liability. (a) No transaction transaction, act, omission or event has occurred in consequence of which the Company is or may be held liable for any Tax or deprived of any Relief otherwise available to it or may otherwise be held liable for or to indemnify any person in respect of any Tax for which where some other company or person was is primarily liable for the Tax in question (whether by reason of any such other company being or having been a member of the same group of companies or otherwise). CORPORATION TAX.

Appears in 1 contract

Samples: Share Purchase Agreement (Upland Software, Inc.)

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Secondary Liability. 9.20.1 No transaction or event has occurred (including without limitation the execution or implementation of the Agreement) in consequence of which the Company is or or, so far as the Sellers are aware, may be held liable for any Tax Taxation or deprived of Relief reliefs or allowances otherwise available to it or may be otherwise be held liable for or to indemnify any person in respect of any Tax Taxation for which some other company or person was primarily liable (whether by reason of any such other company being or having been a member of the same group of companies or otherwise). CORPORATION TAX.

Appears in 1 contract

Samples: Agreement (Edgen Murray PLC)

Secondary Liability. No transaction or event has occurred in consequence of which the Company is or may be held liable for any Tax or deprived of Relief relief or allowances otherwise available to it in consequence of any Tax or may otherwise be held liable for or to indemnify any person in respect of any Tax for which Tax, where some other company or person was is or may become primarily liable for the Tax in question (whether by reason of any such other company being or having been a member of the same group of companies or otherwise). CORPORATION TAX.

Appears in 1 contract

Samples: Herley Industries Inc /New

Secondary Liability. No transaction or event has occurred in consequence of which the Company is or has been or may be held liable for any Tax or deprived of Relief otherwise available to it or may otherwise be held liable for or to indemnify any person in respect of any Tax taxation for which some other company or person was is primarily liable (whether by reason of any such other company being or having been a member of the same group of companies or otherwise). CORPORATION TAXliable.

Appears in 1 contract

Samples: Share Sale and Purchase Agreement (Euro Tech Holdings Co LTD)

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