Purchaser Relief definition

Purchaser Relief means (a) any Relief which arises to a member of the Purchaser's Group at any time and (b) any Relief arising to a Group Company in respect of an event occurring (or deemed to occur), or period commencing after the Effective Date or was included in the Locked Box Accounts; Purchaser Shares has the meaning ascribed thereto in Clause 4.10.2;
Purchaser Relief means any Relief or right to repayment of Taxes or right to any payment in respect of any surrender of Group Relief taken into account as an asset in preparing the Working Capital Statement or in reducing or eliminating any provision or reserve for taxation in the Working Capital Statement;
Purchaser Relief has the meaning given in Clause 1.1 of Schedule 7 (Tax);

Examples of Purchaser Relief in a sentence

  • For the purposes of paragraph 1.3, there shall be treated as a payment of Tax an amount equal to the amount of Tax saved in consequence of any use or set off of a Purchaser Relief in circumstances where, but for such use or set off, a Group Undertaking would have been liable to make a payment of Tax to which paragraph 1.3 would apply.

  • The change will ensure that the First Time Purchaser Relief is restricted to ‘‘genuine first time purchasers’’ and will apply to instruments executed on or after 31 January 2008.


More Definitions of Purchaser Relief

Purchaser Relief any Relief available to the Purchaser or any member of the Purchaser’s affiliated group of corporations, other than (for the avoidance of doubt) a Relevant Relief or a Future Relief which is attributable to a CFX Company “Relevant Relief” (a) any Relief which was treated as an asset of the CFX Company in the Balance Sheet; and
Purchaser Relief means a Relief to the extent that it arises:
Purchaser Relief means any Relief arising to any member of the Purchaser’s Group (other than the Company).

Related to Purchaser Relief

  • Purchaser Parties has the meaning set forth in the Preamble.

  • Relief means any loss, relief, allowance, exemption, set-off, deduction, right to repayment or credit or other relief of a similar nature granted by or available in relation to Tax pursuant to any legislation or otherwise;

  • Contributor means Licensor and any individual or Legal Entity on behalf of whom a Contribution has been received by Licensor and subsequently incorporated within the Work.

  • Purchaser Party shall have the meaning ascribed to such term in Section 4.8.

  • Purchaser/ User means ultimate recipient of goods and services

  • Buyer Party means Buyer or any Affiliate of Buyer that is a party to any Transaction Agreement.

  • Purchaser Representative means any person who satisfies all of the following conditions or who the issuer reasonably believes satisfies all of the following conditions:

  • Buyer Parties means Buyer, Owner, the Lenders and each of their Affiliates and all of their respective directors, officers, agents, advisors, engineers, contractors, consultants, representatives, assigns, employees and any other Person acting on behalf of any of them or in representation, interest, benefit thereto.

  • Seller Indemnified Party has the meaning set forth in Section 7.2.

  • Purchaser means the organization purchasing the goods.