Financial VDD Report definition
Financial VDD Report the final draft vendor due diligence report prepared for Project ▇▇▇▇▇▇▇ by PwC, dated 19 August 2019 and as updated on 21 August 2020;
Financial VDD Report definition of VDD Reports “Foreign Plan” 2.16(p) “ICC Court” 4.14(b)
Financial VDD Report means the financial vendor due diligence report prepared by PricewaterhouseCoopers LLP dated 4 December 2020 and the addendum dated 4 February 2021 in relation to the Transaction contained in the Data Room (documents 21.9 and 24.1);
More Definitions of Financial VDD Report
Financial VDD Report means each volume of the financial due diligence report dated 19 November 2021 prepared by PricewaterhouseCoopers LLP as included in folder 1.5 of the Data Room; “FRS 101” means “FRS 101 Reduced Disclosure Framework” issued by the Financial Reporting Council; “Fundamental Warranties” means the warranties set out in paragraphs 1.1, 1.2, and 16 of Schedule 6 and “Fundamental Warranty” means any one of them; “Fundamental Warranty Claim” means any claim in respect of a breach of any of the Fundamental Warranties; “Further Acquisition Agreement” means the agreement between the Investor and the Seller to be entered into on the date hereof pursuant to which the Investor has the option to acquire from the Seller the Minority Owner Shares; “Further Excess Cash Dividend” has the meaning given in Clause 5.9; “Gas Forecasting GSA” means the gas forecasting general services agreement in the Agreed Form to be entered into between NGESO and NGG on or around 1 April 2022; “▇▇▇▇ Group” means ▇▇▇▇ TopCo and any ▇▇▇▇ Group Companies from time to time; “▇▇▇▇ Group Companies” means ▇▇▇▇ TopCo and its subsidiaries as listed in Schedule 1, together with any other subsidiaries of ▇▇▇▇ TopCo from time to time and “▇▇▇▇ Group Company” means any one of them;
Financial VDD Report means the financial vendor due diligence report prepared by PricewaterhouseCoopers LLP dated 4 December 2020 and the addendum dated 4 February 2021 in relation to the Transaction contained in the Data Room (documents 21.9 and 24.1); "Fixed Consideration" means £7,790,923,120; "FSMA" means the United Kingdom Financial Services and Markets ▇▇▇ ▇▇▇▇; "GDPR" means the General Data Protection Regulation (EU) 2016/679; on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, repealing Directive 95/46/EC; "General Meeting" means the general meeting of National Grid to be convened to approve the Resolutions; "GFSC" means the Guernsey Financial Services Commission; "GFSC Regulated Entity" means Aztec Insurance Limited (registered company number 22227) which is authorised and regulated by the GFSC; "Group" means the Company and the Subsidiaries and "Group Company" and "member of the Group" means any one of them; "Group Finance Agreements" means the finance arrangements of the Group contained in the Data Room (folders 4.1.1, 4.1.2, 4.1.3 and 4.1.4); "Group Relief" has the meaning given to it in the Tax Deed; "HMRC" means Her Majesty's Revenue and Customs and, where relevant, any predecessor body which carried out part of its functions; "▇▇▇▇▇ Business" means the Welsh water and electricity business of ▇▇▇▇▇ plc and its group, which was acquired by the Group in 2000, including its electricity distribution business, known as Infralec; "IAS Regulation" means EC Regulation No. 1606/2002 of the European Parliament and the Council of 19 July 2002 on the application of international accounting standards; "IFRS" means the international accounting standards, within the meaning of the IAS Regulation, as adopted from time to time by the European Commission in accordance with that regulation; "Insurance Law" means The Insurance Business ( Bailiwick of Guernsey) Law 2002; "Insurance Policy" means the warranty and indemnity insurance policy taken out by the Buyer in connection with the Transaction; "Incentive Schemes" means: (i) the PPL Corporation Amended and Restated 2012 Stock Incentive Plan (documents 8.6.4, 8.6.5, 8.6.9 to 8.6.11, 8.6.20 to 8.6.23, and 8.6.32 in the Data Room); (ii) the PPL Corporation Incentive Compensation Plan for Key Employees
Financial VDD Report the Vendor Financial Due Diligence Report dated 26 July 2017 and prepared by Deloitte. Group: in relation to a company, that company, any subsidiary or subsidiary undertaking or any holding company or parent undertaking from time to time of that company, and any subsidiary or subsidiary undertaking from time to time of a holding company or parent undertaking of that company. Each company in a Group is a member of the Group. Group Accounts: the audited consolidated accounts of the Company and the Subsidiaries for the accounting period ended on the Accounts Date, including the statement of financial position as at the Accounts Date and the income statement and statement of other comprehensive income, statement of cash flows and statement of changes in equity for the accounting period ended on the Accounts Date, and the related notes to such accounts as required by law and applicable accounting standards, copies of which are included in the Disclosure Bundle. Guarantee: a guarantee in the agreed form in favour of the Buyer and Aegean from the individual ultimate legal and beneficial shareholders of the Sellers.