Common use of SAVING OF CONCLUDED TRANSACTIONS Clause in Contracts

SAVING OF CONCLUDED TRANSACTIONS. Subject to the terms of the Scheme, the transfer of the Demerged Undertaking to the Transferee and the continuance of legal proceedings by or against the Transferee shall not affect any transaction or proceedings already concluded by the Transferor for the Power Grids Business, to the end and intent that the Transferee accepts and adopts all acts, deeds and things done and executed by the Transferor for the Power Grids Business in respect thereto as acts, deeds and things made, done and executed by or on behalf of the Transferee.