NGGH definition

NGGH means National Grid Gas Holdings Limited, a company incorporated in England and Wales with registered number 03675375 and whose registered office is at ▇-▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇; “NGGH Accounts” means the audited company accounts of NGGH (including the balance sheet, profit and loss account and the notes to the accounts) as at, and for the 12-month period ended on, the Accounts Date; “NGGH Consideration” has the meaning given to it in Clause 3.1.3(ii); “NGGH Dividend” means the dividend in the amount of £316,421,864.40 declared and paid by NGGH to Lattice on 10 December 2021; “NGGH Shares” means all of the issued ordinary shares in the capital of NGGH; “NGGH Transfer” means the transfer of the NGGH Shares by the Seller to ▇▇▇▇ MidCo; “NGH1” means National Grid Holdings One plc, a company incorporated in England and Wales with registered number 02367004 and whose registered office is at ▇-▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇; “NGH1 Indemnity” means the deed of undertaking and indemnity dated 6 May 2005 given by NGH1 in favour of Transco Holdings plc (now NGGH) in connection with the ▇▇▇▇ 2005 Consent A39; “NGM” means National Grid Metering Limited, a company incorporated in England and Wales with registered number 3705992 and whose registered office is at ▇-▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇; “NGPH” means National Grid Property Holdings Limited, a company incorporated in England and Wales with registered number 03797578 and whose registered office is at ▇-▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇;
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Examples of NGGH in a sentence

  • Consideration The NGGH Consideration shall be settled by ▇▇▇▇ MidCo to the Seller pursuant to Clause 6 and Schedule 4.

  • Companies On Closing, the Seller shall procure the passing of board resolutions of each ▇▇▇▇ Group Company inter alia: 1.2.1 (in the case of NGGH only) approving the registration of the transfer of the NGGH Shares referred to in paragraph 5 of Schedule 4 subject only to their being duly stamped; 1.

  • In the event of any Leakage during the Locked Box Period, the Seller shall, with effect from Closing, on demand by ▇▇▇▇ MidCo (a “Leakage Demand Notice”) pay to ▇▇▇▇ MidCo by way of adjustment to the NGGH Consideration an amount in cash equal to the cash or cash equivalent value of such Leakage plus an amount equal to interest calculated by applying a rate of 5 per cent.

  • Dividend The parties hereby agree that, in the event that the Closing Date shall fall on or after 1 March 2023, the Seller shall procure that, no later than five Business Days prior to Closing, NGGH shall declare and pay a dividend to the Seller (the “Further Excess Cash Dividend”).

  • Any payment made by the Investor or ▇▇▇▇ MidCo to the Seller under this Clause 14.12.3 shall be made by way of further adjustment of the NGGH Consideration and the provisions of Clause 3.3 shall apply mutatis mutandis.

Related to NGGH

  • HK Company shall have the meaning ascribed to it in the preamble of this Agreement.

  • HKFE means the Hong Kong Futures Exchange Limited;

  • EG means the Enforcement Guide;

  • ECO means Engineering Change Orders.

  • SONIAi-pLBD means, in respect of any London Banking Day falling in the relevant Observation Period, the SONIA reference rate for the London Banking Day falling "p" London Banking Days prior to the relevant London Banking Day "i".