Common use of Secondary Liability Clause in Contracts

Secondary Liability. No transaction or event has occurred in consequence of which any Group Company is or may be held liable for any Tax or deprived of relief or allowances otherwise available to it in consequence of any Tax or may otherwise be held liable for or to indemnify any person in respect of any Tax, where some other company or person is or may become primarily liable for the Tax in question (whether by reason of any such other company being or having been a member of the same group of companies or otherwise).

Appears in 2 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement (Willbros Group, Inc.\NEW\)

Secondary Liability. No So far as the Vendors are aware, no transaction or event has occurred in consequence of which any Group the Company is or may be held liable for any Tax Taxation or deprived of relief reliefs or allowances otherwise available to it in consequence of any Tax or may be otherwise be held liable for or to indemnify any person in respect of any Tax, where Taxation for which some other company or person is or may become was primarily liable for the Tax in question (whether by reason of any such other company being or having been a member of the same group of companies or otherwise).

Appears in 2 contracts

Sources: Share Purchase Agreement (Dollar Financial Group Inc), Share Purchase Agreement (Dollar Financial Group Inc)

Secondary Liability. No transaction or event has occurred in consequence of which any Group the Company is or may be held liable for any Tax tax or deprived of relief or allowances otherwise available to it in consequence of any Tax or may otherwise be held liable for or to indemnify any person in respect of any Tax, where tax for which some other company or person is or may become was primarily liable for the Tax in question (whether by reason of any such other company being or having been a member of the same group of companies or otherwise).. CORPORATION TAX

Appears in 2 contracts

Sources: Acquisition Agreement (European Micro Holdings Inc), Acquisition Agreement (Leisure Travel Group Inc)

Secondary Liability. No transaction or event has occurred in consequence of which any Group the Company is or may be held liable for any Tax or deprived of relief or allowances Relief otherwise available to it in consequence of any Tax or may otherwise be held liable for or to indemnify any person in respect of any Tax, where Tax for which some other company or person is or may become was primarily liable for the Tax in question (whether by reason of any such other company being or having been a member of the same group of companies or otherwise).. CORPORATION TAX

Appears in 2 contracts

Sources: Share Purchase Agreement (Aether Systems LLC), Share Purchase Agreement (Aether Systems Inc)

Secondary Liability. No transaction or event has occurred in consequence of which any Group the Company is or has been or may be held liable for any Tax or deprived of relief or allowances otherwise available to it in consequence of any Tax or may otherwise be held liable taxation for or to indemnify any person in respect of any Tax, where which some other company or person is or may become primarily liable for the Tax in question (whether by reason of any such other company being or having been a member of the same group of companies or otherwise)liable.

Appears in 1 contract

Sources: Share Sale and Purchase Agreement (Euro Tech Holdings Co LTD)

Secondary Liability. No transaction or event has occurred in consequence of which any Group the Company is or may be held liable for any Tax or deprived of relief or allowances otherwise available to it in consequence of any Tax or may otherwise be held liable for or to indemnify any person in respect of any Tax, where some other company or person is or may become primarily liable for the Tax in question (whether by reason of any such other company being or having been a member of the same group of companies or otherwise).

Appears in 1 contract

Sources: Share Purchase Agreement (Herley Industries Inc /New)

Secondary Liability. No transaction or event has occurred in consequence of which any Group the Company is or may be held liable for any Tax or deprived of relief or allowances otherwise available to it in consequence of any Tax or may otherwise be held liable for or to indemnify any person in respect of any Tax, where some other company or person is or may become primarily liable for the Tax in question (whether by reason of any such other company being or having been a member of the same group of companies or otherwise).

Appears in 1 contract

Sources: Share Purchase Agreement (Cross Country Healthcare Inc)