Chargeable Debts Clause Samples

Chargeable Debts. The Company is not owed a debt, other than a debt on a security, on the disposal or satisfaction of which a liability to corporation tax on chargeable gains will arise by reason of section 251, TCGA.
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Chargeable Debts. No gain chargeable to corporation tax will accrue to the Company on the disposal of any debt owing to the Company not being a debt on a security.
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Chargeable Debts. No gain chargeable to corporation tax will accrue to any member of the Sale Group on the disposal of any debt owing to such member not being a debt on a security or on the disposal of any corporate bond not being a qualifying corporate bond.
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Chargeable Debts. No gain chargeable to corporation tax is liable to accrue to the Company on the disposal of any debt owing to the Company not being a debt on a security.
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Chargeable Debts. No gain chargeable to corporation tax will accrue to any Group Company on the disposal of any debt owing to any Group Company.
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Related to Chargeable Debts

  • Trade Payables The term “

  • Transportation Expenses The reasonable and necessary expenses of transportation required in the performance of Superintendent’s official duties shall be reimbursed at the rate set by the Board for District travel.

  • Operating Lease Obligations On the Effective Date, none of the Loan Parties has any Operating Lease Obligations other than the Operating Lease Obligations set forth on Schedule 6.01(q).

  • Collection Expenses The Borrower further agrees, subject only to any limitation imposed by applicable law, to pay all expenses, including reasonable attorneys’ fees, incurred by the holder of this Note in endeavoring to collect any amounts payable hereunder which are not paid when due.

  • Solvency, Payment of Debts Borrower is able to pay its debts (including trade debts) as they mature; the fair saleable value of Borrower’s assets (including goodwill minus disposition costs) exceeds the fair value of its liabilities; and Borrower is not left with unreasonably small capital after the transactions contemplated by this Agreement.