Common use of Opinion of Parent Financial Advisor Clause in Contracts

Opinion of Parent Financial Advisor. Prior to the execution of this Agreement, the board of directors of Parent has received an opinion (which, if initially rendered verbally, has been or will be confirmed by a written opinion, dated the same date) of Xxxxx, Xxxxxxxx & Xxxxx, Inc. to the effect that as of the date thereof and based upon and subject to the factors, assumptions and limitations set forth therein, the Exchange Ratio is fair from a financial point of view to Parent. Such opinion has not been amended or rescinded as of the date of this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (BNC Bancorp), Agreement and Plan of Merger (Pinnacle Financial Partners Inc)

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Opinion of Parent Financial Advisor. Prior to The Board of Directors of Parent has received the execution opinion of Xxxxxx Xxxxxxx & Co. LLC, dated on or about the date of this Agreement, the board of directors of Parent has received an opinion (which, if initially rendered verbally, has been or will be confirmed by a written opinion, dated the same date) of Xxxxx, Xxxxxxxx & Xxxxx, Inc. to the effect that that, as of the date thereof and based upon and such date, subject to the factorsvarious assumptions, assumptions qualifications and limitations set forth therein, the Exchange Ratio pursuant to this Agreement is fair to Parent from a financial point of view to Parentview. Such It is agreed and understood that such opinion has not been amended or rescinded as is for the benefit of the date Board of this AgreementDirectors of Parent and may not be relied on by the Company for any purpose.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Endurance Specialty Holdings LTD), Agreement and Plan of Merger (Montpelier Re Holdings LTD)

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Opinion of Parent Financial Advisor. Prior to the execution The Board of this Agreement, the board of directors Directors of Parent has received an the opinion (whichof its financial advisor, if initially rendered verballyXxxxxx Xxxxxxx & Co. LLC, has been or will be confirmed by a written opinion, dated the same date) of Xxxxx, Xxxxxxxx & Xxxxx, Inc. to the effect that that, as of the date thereof of the opinion and based upon on and subject to the factorsassumptions, assumptions qualifications, limitations and limitations other matters as set forth therein, the Exchange Ratio pursuant to this Agreement is fair fair, from a financial point of view view, to Parent. Such A true and correct copy of such opinion has not been amended or rescinded as of will be provided to the Company by Parent solely for informational purposes within three Business Days after the date of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cousins Properties Inc)

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