Fair Value Reports Sample Clauses

The Fair Value Reports clause requires the preparation and provision of reports that determine the fair market value of certain assets or interests, typically for financial reporting or transaction purposes. These reports are usually prepared by independent third-party appraisers or valuation experts, and may be required at specific intervals or upon certain triggering events, such as a sale, merger, or investment round. The core function of this clause is to ensure transparency and objectivity in valuing assets, thereby reducing disputes and providing a reliable basis for financial decisions or contractual obligations.