Formal Valuation and Fairness Opinion definition

Formal Valuation and Fairness Opinion means the formal valuation and fairness opinion of Ernst & Young LLP (i) to the effect that, as of the date of such opinion, the Consideration to be received by the GQM Shareholders is fair, from a financial point of view to the GQM Shareholders, other than the Purchaser and its Affiliates, and (ii) providing a valuation of GQM in accordance with MI 61-101.
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Formal Valuation and Fairness Opinion means the independent valuation and opinion as to whether the consideration to be received by Unitholders pursuant to the Combination Agreement is fair, from a financial point of view, to the Minority Unitholders, dated September 12, 2011, provided by CIBC World Markets Inc. for use by the Fund's Independent Committee in connection with the Combination, a copy of which is attached as Appendix G to this Information Circular;
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Formal Valuation and Fairness Opinion means the formal valuation of the IMZ Shares dated September 17, 2013, that was prepared by Paradigm, in accordance with MI 61-101, and the opinion of Paradigm to the effect that, as of the date of such opinion, the Consideration to be received by the IMZ Shareholders is fair, from a financial point of view, to the IMZ Shareholders other than HOC and its affiliates;
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Examples of Formal Valuation and Fairness Opinion in a sentence

  • The GQM Special Committee has received an oral version of the Formal Valuation and Fairness Opinion as at the date of this Agreement and the written version of the Formal Valuation and Fairness Opinion will be delivered to the GQM Special Committee prior to the mailing of the GQM Circular to the GQM Shareholders.

  • Within three (3) Business Days of the delivery of the Formal Valuation and Fairness Opinion to the GQM Special Committee, GQM shall deliver, or cause to be delivered, to the Purchasers the Formal Valuation and Fairness Opinion.

  • KPMG is to be paid a fixed fee for rendering the Formal Valuation and Fairness Opinion and will be reimbursed for its reasonable out-of-pocket expenses to complete the Formal Valuation and Fairness Opinion.

  • The Formal Valuation reflects Haywood’s determination that, as at April 9, 2023, subject to the assumptions, limitations and qualifications contained in the Formal Valuation and Fairness Opinion, the market value of the Company Shares is nil ($0).

  • Value of Company Shares is Nil Haywood provided the Formal Valuation in accordance with the requirements of MI 61-101 which concluded that, as of April 9, 2023, and based on Haywood’s analysis and subject to the assumptions, limitations and qualifications set forth in the Formal Valuation and Fairness Opinion, the value of the Company Shares is nil ($0).

  • KPMG understands that the Formal Valuation and Fairness Opinion are among other factors considered by the Board of Directors in assessing the Amalgamation.

  • We understand that the Formal Valuation and Fairness Opinion and/or summaries thereof may be included in a management information circular (the "Circular") to be distributed to the holders of the Common Shares (the "Shareholders") in respect of a vote on the Amalgamation.

  • The Fairness Opinion prepared by Haywood concludes that subject to the assumptions, limitations and qualifications contained in the Formal Valuation and Fairness Opinion, the Consideration to be received by Company Shareholders pursuant to the Arrangement is fair, from a financial point of view.

  • A copy of the Formal Valuation and Fairness Opinion will be included in the circular to be mailed to Shareholders in relation to the Arrangement (“Circular”).

  • Consideration is Fair from a Financial Point of View Haywood also provided the Fairness Opinion which states that, as of April 9, 2023, and subject to the assumptions, limitations and qualifications set forth in the Formal Valuation and Fairness Opinion and such other matters that Haywood considered relevant, the Consideration to be received by the Company Shareholders pursuant to the Arrangement is fair, from a financial point of view.


More Definitions of Formal Valuation and Fairness Opinion

Formal Valuation and Fairness Opinion means the formal valuation of the Shares prepared by BMO in accordance with MI 61-101 and the fairness opinion of BMO, substantially to the effect that, as of the date of such opinion and based on and subject to the limitations, qualifications and assumptions set forth therein, the Consideration to be received by the Shareholders other than the Purchasers pursuant to the Arrangement is fair, from a financial point of view, to such Shareholders;
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Related to Formal Valuation and Fairness Opinion

  • Fairness Opinions means the opinions of the Financial Advisors to the effect that, as of the date of such opinion and based upon and subject to the assumptions, procedures, factors, limitations and qualifications set forth therein, the Consideration to be received by the Company Shareholders under the Arrangement is fair, from a financial point of view, to such Company Shareholders.

  • Fairness Opinion has the meaning set forth in Section 4.22.

  • Independent Financial Advisor means an accounting, appraisal, investment banking firm or consultant of nationally recognized standing that is, in the good faith judgment of the Borrower, qualified to perform the task for which it has been engaged and that is independent of the Borrower and its Affiliates.

  • Company Valuation means $135,000,000.

  • Certificate of a Firm of Independent Public Accountants means a certificate signed by an independent public accountant or a firm of independent public accountants who may be the independent public accountants regularly retained by the Company or who may be other independent public accountants. Such accountant or firm shall be entitled to rely upon an Opinion of Counsel as to the interpretation of any legal matters relating to such certificate.

  • Independent Financial Adviser means an independent financial institution of international repute appointed by the Issuer at its own expense.

  • Company Financial Advisor has the meaning set forth in Section 3.10.

  • Parent Recommendation has the meaning set forth in Section 5.2(b).

  • Approved Valuation Firm means, with respect to any Collateral Obligation, each of (a) Xxxxxx Xxxxxx, (b) Xxxxxxxx Xxxxx, (c) Lincoln International LLC, (d) Duff & Xxxxxx and (e) any other nationally recognized valuation firm approved by the Borrower and the Facility Agent.

  • Financial Advisor has the meaning set forth in Section 3.6.

  • Informed Financial Consent means the medical provider advises you of any out-of-pocket costs before your admission. This is called Informed Financial Consent.

  • Conversion Valuation Appraisal Report Page: 1 - 3 ================================================================================

  • Financial Advisors has the meaning set forth in Section 4.26.

  • Company Board Recommendation has the meaning set forth in Section 3.03(d).

  • Parent Board Recommendation has the meaning set forth in Section 5.12(a).

  • Second opinion means an opportunity or requirement to obtain a clinical evaluation by a provider other than the one originally making a recommendation for a proposed health service to assess the clinical necessity and appropriateness of the initial proposed health service.

  • Independent Financial Expert means a U.S. investment banking firm of national standing in the United States, (i) which does not, and whose directors, officers and employees or affiliates do not have a direct or indirect material financial interest for its proprietary account in the Company or any of its affiliates and (ii) which, in the judgment of the board of directors of the Company, is otherwise independent with respect to the Company and its affiliates and qualified to perform the task for which it is to be engaged.

  • Company Fundamental Representations means the representations and warranties set forth in Section 3.1 (Organization; Authority; Enforceability), Section 3.2(a) (Non-contravention), Section 3.3 (Capitalization), Section 3.13 (Brokerage) and Section 3.20 (Affiliate Transactions).

  • Financial Adviser means any:

  • Independent Financial Consultant means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the District, who, or each of whom:

  • Taxpayer resource transaction means a sale, purchase, lease, donation of money, goods, services, or real property, or any other transaction between a governmental entity and a private entity that provides to the private entity something of value derived from state or local tax revenue, regardless of whether the governmental entity receives something of value in return.

  • Initial Valuation means, when used with reference to specified Collateral, the Valuation initially performed for the Collateral as of the date on which the Collateral was added to the Collateral Pool. The Initial Valuation for each of the Initial Mortgaged Properties is as set forth in Exhibit A to the Agreement.

  • Parent Disclosure Letter means the disclosure letter delivered by Parent to the Company simultaneously with the execution of this Agreement.

  • Independent Public Accountant means the firm of independent public accountants of nationally recognized standing selected by the Owner to perform an annual financial audit pursuant to the terms of this Agreement.

  • Merger Valuation Period for any Merger Event means the five consecutive Trading Day period immediately preceding, but excluding, the effective date for such Merger Event.

  • Advisory letter means a nondisciplinary letter to notify a