Common use of Released Amounts Clause in Contracts

Released Amounts. 8.1 Where, in respect of a Released Amount: Back to Contents 8.1.1 Available Tax Reliefs certified by the Borrower as being available pursuant to paragraph 7.1.1 prove not to be so available to reduce or extinguish the relevant Disposal CGT Liability; or 8.1.2 a payment to the relevant Tax Authority of a Discharged Amount has not been made or has only partly been made; or 8.1.3 a Borrower (and/or the MAB Group Company, in the case of a claim referred to in paragraph 7.1.5(c)) fails to make a rollover relief claim or holdover relief claim (as the case may be) pursuant to its obligations under paragraphs 7.1.3, 7.1.4, 7.1.5 or 7.1.6; or

Released Amounts. 8.1 Where, in respect of a Released Amount: Back to Contents: 8.1.1 Available Tax Reliefs certified by the Borrower as being available pursuant to paragraph 7.1.1 prove not to be so available to reduce or extinguish the relevant Disposal CGT Liability; or 8.1.2 a payment to the relevant Tax Authority of a Discharged Amount has not been made or has only partly been made; or 8.1.3 a Borrower (and/or the MAB Group Company, in the case of a claim referred to in paragraph 7.1.5(c)) fails to make a rollover relief claim or holdover relief claim (as the case may be) pursuant to its obligations under paragraphs 7.1.3, 7.1.4, 7.1.5 or 7.1.6; or