Examples of Present Fair Saleable Value in a sentence
Furthermore, because the sale of any business enterprise involves numerous assumptions and uncertainties, not all of which can be quantified or ascertained prior to engaging in an actual selling effort, we express no opinion as to whether each of the subject entities could actually be sold for amounts we opine to be theFair Value and Present Fair Saleable Value.
In determining the Fair Value and Present Fair Saleable Value of the assets of each of the subject entities, any taxes or Transaction costs which may be owed by each of the subject entities, as a result of the Transaction, other than those specifically identified in the Financial Projections, were not considered.For purposes of this opinion we assume (without investigation) that each of the subject entities would be saleable as a separate business enterprise.
Based on the foregoing, I hereby certify on behalf of Rayonier that, before and after giving effect to the extension of any Revolving Credit Advances contemplated by the Credit Agreement on the date hereof, (i) the Fair Value and the Present Fair Saleable Value of the aggregate assets of Rayonier and its consolidated Subsidiaries exceed the sum of the liabilities of Exh.
For purposes of determining Fair Value and Present Fair Saleable Value (each as defined below), the Opinions value the aggregate assets of each subject entity in question, on a going concern basis after, and giving effect to, consummation of the relevant distribution or the Proposed Transactions, as applicable.