Common use of PROPOSAL REQUIREMENTS Clause in Contracts

PROPOSAL REQUIREMENTS. Based on the form of transaction proposed, a Term Sheet should include the following: (i) Total enterprise value (“TEV”) and available equity value (“EV”) for GGP and combined company implied by proposal and any assumptions or methodologies used in analyzing TEV and EV (including any adjustments or potential decreases in net proceeds to be received by shareholders); (ii) Proposed treatment for each class of unsecured indebtedness outstanding; (iii) Proposed purchase price per share of existing common stock;