Examples of Valuation and Fairness Opinion in a sentence
The Special Committee determined, based in part on certain representations made to them by Blair Franklin, that Blair Franklin was independent and qualified to prepare the Formal Valuation and Fairness Opinion.
Moelis & Company LLC, the Financial Advisor, prepared the Valuation and Fairness Opinion.
The Formal Valuation and Fairness Opinion are conditional upon such accuracy and completeness.
Definition of Fair Market Value The Formal Valuation and Fairness Opinion states that, for the purpose of the opinions given therein, fair market value is defined to mean the monetary consideration that, in an open and unrestricted market, a prudent and informed buyer would pay to a prudent and informed seller, where each is acting at arm’s length with the other and under no compulsion to act.
In furtherance of the terms of the engagement letter between Blair Franklin and the REIT, a fixed fee in the aggregate amount of $165,000 was paid by the REIT to Blair Franklin as follows: (i) $70,000 upon execution of the engagement letter; (ii) $70,000 upon delivery by Blair Franklin of its preliminary views on the value of the Acquisition Properties; and (iii) $25,000 upon delivery of the Formal Valuation and Fairness Opinion to the Special Committee.