reasonable opinion definition
reasonable opinion or "Reasonable Business Judgment" shall mean an opinion or business judgment, as the case may be, that could be held or made by a reasonable Person with experience in the industry. This is intended by the Parties to be an objective standard and should be *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. determined based on what a reasonable Person could determine in light of the facts and circumstances known and reasonably believed by the Person making such determination at the time such determination is made.
reasonable opinion means an opinion formed in good faith which has regard to the need to preserve unborn human life as far as practicable;
reasonable opinion means the reasonable opinion of the Relevant Agent which is supported by advice received from independent, external legal counsel which has, to the extent practicable and not otherwise prohibited by any Relevant Restriction, been promptly made available to the Issuers and the Guarantor, as the case may be, as to the applicability of the Relevant Restriction and the action which the Relevant Agent should take.
More Definitions of reasonable opinion
reasonable opinion means that which an objective lender in the same position as the Lender would regard as being reasonable having regard to all of the circumstances and prevailing market practice at the time.
reasonable opinion of the Lender means a determination made in good faith.