Consortium Relief Sample Clauses

Consortium Relief. Do anything which would prevent it from complying with its obligations under Clause 17 of the Shareholders Agreement;
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Consortium Relief. Surrenders to a Group Company
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Consortium Relief. 30.1 If in any Accounting Period, the Company or any member of the same group as the Company (in this clause, "the Group") has trading losses or other amounts available for surrender by way of Consortium Relief, the Company or that member of the UK's Group shall not surrender any such losses or other amounts to any Member of the Consortium or a member of the same Group as a member of the Consortium by way of Consortium Relief except such losses or other amounts, and on such terms, as may be agreed in writing by all Members of the Consortium for the time being.
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Consortium Relief. (a) In the event that any Claimant Stockholder is entitled to claim Consortium Relief from the Company under Chapter IV in respect of any Relevant Accounting Period, the Claimant Stockholder may request that the Company surrender Consortium Relief to it by written notification to the Company (with a copy to the other Stockholder(s)) setting out the amount of Consortium Relief that the Claimant Stockholder wishes to be surrendered to it by the Company and, subject to the remaining provisions of this Article XV including, without limitation, Section 15.2(b), the Stockholders shall consent to any such surrender and take such action as is requisite to procure that the Company surrenders such Consortium Relief.
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Consortium Relief. 11.1 The Seller shall be entitled to surrender (and to procure that any other company which is a member of the Retained Group and which is entitled to consent to a surrender pursuant to section 402(3) of the Taxes Axx 0000, surrenders) to the Company, trading losses and other amounts eligible for surrender by way of relief from corporation tax under Chapter IV, Part X, of the Taxes Act 1988 (a Surrender), to the extent legally possible. No payment shall be made in respect of any Surrender except to the extent set out in the following provisions of this paragraph 11.
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Consortium Relief. (A) The Purchaser undertakes to procure that the Company and each member of the Group shall surrender for no payment all amounts eligible for surrender under the provisions of sections 402 to 413 of ICTA 1988 as the Seller shall at its sole discretion direct in respect of the accounting periods of members of the Group for any accounting period, or part of an accounting period, in the two calendar years to 31 December 1996, and in respect of that part of the accounting period for the year to 31 December 1994, for the period from 1 September 1994 to 31 December 1994.
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Consortium Relief. The Parties agree that consortium relief will be considered in the event that either the Company or the Shareholders realise tax losses and the losses will be surrendered in an equitable manner to the Company, the Parties and the Shareholders, with the appropriate payment being received for the surrender of the losses.
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Consortium Relief. 18.6 Each Shareholder which beneficially owns at least 5% of the Issued Shares shall be entitled (at its discretion) to require JVCo to surrender to it (or to any of its associated companies capable of taking such surrender) group relief to the extent permitted by the Consortium Relief Rules. JVCo shall, and the Shareholders shall procure that JVCo shall, do (to the extent that it is permitted or required to do so under the Consortium Relief Rules) everything necessary to give effect to any such surrender (including making any claims and giving any consents within the appropriate time limits).
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Consortium Relief. The Shareholders shall discuss and agree in good faith any arrangements which either Shareholder wishes to implement with respect to any group or consortium relief and shall make such amendments to this Agreement as is necessary to implement such arrangements, provided that such arrangements or amendments would not materially prejudice either Shareholder.
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Related to Consortium Relief

  • Other Relief The remedies provided for in the Lease are in addition to any other remedies available to Landlord at law or in equity by statute or otherwise.

  • Relief The Executive agrees that it would be difficult to measure any damages caused to the Company which might result from any breach by the Executive of the Continuing Obligations, and that in any event money damages would be an inadequate remedy for any such breach. Accordingly, the Executive agrees that if the Executive breaches, or proposes to breach, any portion of the Continuing Obligations, the Company shall be entitled, in addition to all other remedies that it may have, to an injunction or other appropriate equitable relief to restrain any such breach without showing or proving any actual damage to the Company.

  • Emergency Relief Notwithstanding anything in this Section 8.5 to the contrary, either party may seek from a court any provisional remedy that may be necessary to protect any rights or property of such party pending the establishment of the arbitral tribunal or its determination of the merits of the controversy.

  • Damages; Relief Termination of this Agreement shall not preclude either Party from claiming any other damages, compensation or relief that it may be entitled to upon such termination.

  • Injunctive Relief and Additional Remedy The Executive acknowledges that the injury that would be suffered by the Employer as a result of a breach of the provisions of this Agreement (including any provision of Sections 7 and 8) would be irreparable and that an award of monetary damages to the Employer for such a breach would be an inadequate remedy. Consequently, the Employer will have the right, in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened breach or otherwise to specifically enforce any provision of this Agreement, and the Employer will not be obligated to post bond or other security in seeking such relief. Without limiting the Employer's rights under this Section 9 or any other remedies of the Employer, if the Executive breaches any of the provisions of Section 7 or 8, the Employer will have the right to cease making any payments otherwise due to the Executive under this Agreement.

  • Defense of Claims Brought by Third Parties 7.4.1 If a Third Party initiates a Proceeding claiming a Patent Right owned by or licensed to such Third Party is infringed by the Development, Manufacture or Commercialization of a Product, (a) Isis will have the first right, but not the obligation, to defend against any such Proceeding initiated prior to Option exercise at its sole cost and expense and (b) JBI will have the first right, but not the obligation, to defend against any such Proceeding initiated after Option exercise at its sole cost and expense. If the Party having the first right to defend against such Proceeding (the “Lead Party”) elects to defend against such Proceeding, then the Lead Party will have the sole right to direct the defense and to elect whether to settle such claim (but only with the prior written consent of the other Party, not to be unreasonably withheld, conditioned or delayed). The other Party will reasonably assist the Lead Party in defending such Proceeding and cooperate in any such litigation at the request and expense of the Lead Party. The Lead Party will provide the other Party with prompt written notice of the commencement of any such Proceeding that is of the type described in this Section 7.4, and the Lead Party will keep the other Party apprised of the progress of such Proceeding. If the Lead Party elects not to defend against a Proceeding, then the Lead Party will so notify the other Party in writing within 60 days after the Lead Party first receives written notice of the initiation of such Proceeding, and the other Party (the “Step-In Party”) will have the right, but not the obligation, to defend against such Proceeding at its sole cost and expense and thereafter the Step-In Party will have the sole right to direct the defense thereof, including the right to settle such claim. In any event, the Party not defending such Proceeding will reasonably assist the other Party and cooperate in any such litigation at the request and expense of the Party defending such Proceeding. Each Party may at its own expense and with its own counsel join any defense initiated or directed by the other Party under this Section 7.4. Each Party will provide the other Party with prompt written notice of the commencement of any such Proceeding under this Section 7.4, and such Party will promptly furnish the other Party with a copy of each communication relating to the alleged infringement that is received by such Party.

  • Preliminary Injunctions Notwithstanding anything in this Agreement to the contrary, a Party may seek a temporary restraining order or a preliminary injunction from any court of competent jurisdiction in order to prevent immediate and irreparable injury, loss, or damage on a provisional basis, pending the decision of the arbitrator(s) on the ultimate merits of any Dispute.

  • Monetary Damages In the event that the Partnership breaches its obligations set forth in Article 2, Article 3, or Article 6 with respect to a Protected Partner the Protected Partner’s sole right shall be to receive from the Partnership, and the Partnership shall pay to such Protected Partner as damages, an amount equal to:

  • Injunction The Executive agrees that it would be difficult to measure any damages caused to the Company which might result from any breach by the Executive of the promises set forth in this Section 7, and that in any event money damages would be an inadequate remedy for any such breach. Accordingly, subject to Section 8 of this Agreement, the Executive agrees that if the Executive breaches, or proposes to breach, any portion of this Agreement, the Company shall be entitled, in addition to all other remedies that it may have, to an injunction or other appropriate equitable relief to restrain any such breach without showing or proving any actual damage to the Company.

  • Specific Performance; Injunctive Relief The parties hereto acknowledge that Parent shall be irreparably harmed and that there shall be no adequate remedy at law for a violation of any of the covenants or agreements of the Stockholder set forth herein. Therefore, it is agreed that, in addition to any other remedies that may be available to Parent upon any such violation, Parent shall have the right to enforce such covenants and agreements by specific performance, injunctive relief or by any other means available to Parent at law or in equity.

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