NS&I Condition definition
NS&I Condition has the meaning given to it in Clause 5.1.9; [***]
NS&I Condition has the meaning given to it in Clause 4.1;
NS&I Condition means Condition 3(d), as set out in Part A of Appendix 1 to the Announcement;
Examples of NS&I Condition in a sentence
If the NSI Condition is not satisfied by 5.00 p.m. on the Further Long Stop Date the Investor or the Seller may, in its sole discretion, terminate this Agreement (other than the Surviving Clauses) and neither the Seller nor the Investor shall have any Further Claim against the other under it, save for any Further Claim arising from breach of any obligation contained in Clause 4.2.
More Definitions of NS&I Condition
NS&I Condition is defined in Clause 5.1.
NS&I Condition has the meaning given in Clause 4.1.3; “Ofgem” means the Office of Gas and Electricity Markets; “Ordinary Shares” means the ordinary shares of £1.00 each to be issued in the capital of ▇▇▇▇ TopCo; “Owned Patents” means the patents and patent applications listed in Part 2 of Schedule 11; “parties” means the parties to this Agreement from time to time, and “party” means any one of them; “Payment Schedule” has the meaning given in Clause 6.5.3; “Peartree Guarantee” means the guarantee given by NGPH to [***]; “Permitted Leakage” means any matter set out in Schedule 5 to the extent undertaken by any member of the ▇▇▇▇ Group during the Locked Box Period; “Post-Closing Steps” means actions to be taken in connection with the ▇▇▇▇ Group following Closing in accordance with Steps 8 to 9 of the Steps Plan; “Pre-Closing Steps” means the actions to be taken prior to the Closing Date in accordance with Schedule 2 and Step A:8 of the Steps Plan; “Properties” means those properties owned or leased by an Existing ▇▇▇▇ Subsidiary as at the date of (i) this Agreement; and (ii) Closing, and “Property” shall mean any one of them;