Common use of CHARGEABLE GAINS Clause in Contracts

CHARGEABLE GAINS. The book value shown or adopted for the purposes of the Accounts as the value of each of the assets of the Company on the disposal of which a chargeable gain or allowable loss could arise does not exceed the amount which on a disposal of such asset at the date of this agreement would be deductible under section 38 of TCGA 1992.

Appears in 2 contracts

Samples: Share Purchase Agreement (Micrus Endovascular Corp), Share Purchase Agreement (Futuremedia PLC)

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CHARGEABLE GAINS. 4.1 The book value shown in, or adopted for the purposes of of, the Accounts as the value of each of the assets of the Company (or the consideration given for the acquisition of such an asset acquired since the Accounts Date) on the disposal of which a chargeable gain or allowable loss could arise arise, does not exceed the amount which on a disposal of such asset at the date of this agreement Agreement would be deductible, in each case, disregarding any statutory right to claim any allowance or relief other than amounts deductible under section 38 of TCGA 1992.

Appears in 1 contract

Samples: Agreement (Blink Charging Co.)

CHARGEABLE GAINS. 7.1 The book value shown or adopted for the purposes of the Accounts as the value of each of the assets of the Company on the disposal of which a chargeable gain or allowable loss could arise does not exceed the amount which on a disposal of such asset at the date of this agreement Agreement would be deductible under section 38 of TCGA 1992.

Appears in 1 contract

Samples: Share Purchase Agreement (TRM Corp)

CHARGEABLE GAINS. 1.1 The book value shown in, or adopted for the purposes purposes, of the Accounts as the value of each of the assets of the Company or any Subsidiary, on the disposal of which a chargeable gain or allowable loss could arise arise, does not exceed the amount which on a disposal of such asset at the date of this agreement would be deductible, in each case, disregarding any statutory right to claim any allowance or relief other than amounts deductible under section 38 of TCGA 1992.

Appears in 1 contract

Samples: Share Purchase Agreement (Bright Horizons Family Solutions Inc.)

CHARGEABLE GAINS. 2.1 The book value shown in, or adopted for the purposes purposes, of the Accounts as the value of each of the assets of the Company Company, on the disposal of which a chargeable gain or allowable loss could arise arise, does not exceed the amount which on a disposal of such asset at the date of this agreement Agreement would be deductible, in each case, disregarding any statutory right to claim any allowance or relief other than amounts deductible under section 38 of TCGA 1992.

Appears in 1 contract

Samples: Agreement (NorthStar Realty Europe Corp.)

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CHARGEABLE GAINS. 2.1 The book value shown in or adopted for the purposes of the Accounts as the value of each of the assets of the Company or the Subsidiary on the disposal of which a chargeable gain or allowable loss could arise arise, does not exceed the amount which on a disposal of such asset at the date of this agreement would be deductible under section 38 of TCGA 1992.

Appears in 1 contract

Samples: Share Purchase Agreement (Netsol Technologies Inc)

CHARGEABLE GAINS. The book value shown in or adopted for the purposes of the Accounts as the value of each of the assets of the Company on the disposal of which a chargeable gain or allowable loss could arise does not exceed the amount which deductible under s 38 46 TCGA plus an indexation allowance computed as though each asset were disposed of on a disposal of such asset at the date of signing of this agreement would be deductible under section 38 of TCGA 1992Agreement.

Appears in 1 contract

Samples: Independent Energy Holdings PLC

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