Common use of Income Tax Act Clause in Contracts

Income Tax Act. Prior to the Closing Date there shall have been no amendment to the Income Tax Act (Canada), including Section 19 thereof that would have a material adverse impact on the profitability, ownership or operation by the Company of the Newspapers after giving effect to the transactions contemplated hereby and there shall have been no bill xxxd in Parliament that would have such material adverse impact if enacted into law.

Income Tax Act. Prior to the Closing Date there shall have been no amendment to the Income Tax Act (Canada), ) including Section 19 thereof that would have a material adverse impact on the profitability, ownership or operation by the Company of the Newspapers after giving effect to the transactions contemplated hereby and there shall have been no bill xxxd in Parliament that would have such material adverse impact if enacted into law.

Income Tax Act. Prior to the Closing Date there shall have been no amendment to the Income Tax Act (Canada), including Section 19 thereof that would have a material adverse impact on the profitability, ownership or operation by the Company HCPH of the Newspapers after giving effect to the transactions contemplated hereby and there shall have been no bill xxxd in Parliament that would have such material adverse impact if enacted into law.

Income Tax Act. Prior to the Closing Date there shall have been no amendment to the Income Tax Act (Canada), ) including Section 19 thereof that would have a material adverse impact on the profitability, ownership or operation by the Company HCPH of the Newspapers after giving effect to the transactions contemplated hereby and there shall have been no bill xxxd in Parliament that would have such material adverse impact if enacted into law.