Examples of Locked Box Accounts in a sentence
CONSIDERATION 3.1 Amount The consideration for the purchase of the Sale Shares under this Agreement shall be, subject to adjustments made in accordance with clauses 3.7 and 3.8, an amount equal to: 3.1.1 £221,583,935 (the Fixed Consideration); plus 3.1.2 the aggregate amount of £22,500 per day accruing from (and including) the Locked Box Accounts Date to (and including) the Closing Date, (the Variable Consideration), together, the Consideration.
Accounts: the audited consolidated accounts of the Company (including the consolidated statement of financial position, consolidated statement of comprehensive income, consolidated statement of changes in equity, consolidated statement of cash flows and the notes included therein) as at, and for the 12-month period ended on, the Accounts Date (it being understood that the Locked Box Accounts are the Accounts).