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.
More Definitions of Purchaser Relief
Purchaser Relief means any Relief arising to any member of the Purchaser’s Group (other than the Company).
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: