Common use of The Locked Clause in Contracts

The Locked. Box Accounts give a true and fair view of the consolidated assets, liabilities, financial position and state of affairs of the WPD Group Companies as at the Locked Box Date and the consolidated profits and losses of the WPD Group Companies for the period in respect of which they were prepared ending on the Locked Box Date.

Appears in 2 contracts

Sources: Share Purchase Agreement (National Grid PLC), Share Purchase Agreement (PPL Corp)