Updated Fairness Opinion Clause Samples
The Updated Fairness Opinion clause requires that a party obtain a new or revised fairness opinion from a financial advisor, typically in connection with a significant transaction such as a merger or acquisition. This updated opinion is usually sought if there are material changes to the terms of the deal, the financial condition of the parties, or the market environment after the initial fairness opinion was issued. By mandating an updated assessment, the clause ensures that stakeholders receive current and reliable advice on whether the transaction remains fair from a financial perspective, thereby protecting their interests and supporting informed decision-making.
Updated Fairness Opinion. The Company shall have received an update, dated as of the date of the Proxy Statement, of the written fairness opinion received from ▇.▇. ▇▇▇▇▇▇ & Company, Inc. (as described in Section 3.29) confirming that the Merger Consideration is fair, from a financial point of view, to the shareholders of the Company.
Updated Fairness Opinion. The Parties shall use their reasonable best efforts to obtain from ▇▇▇▇▇▇ ▇▇▇▇▇▇ a written fairness opinion, dated as of the date of the Proxy Statement, and otherwise substantially the same as the ▇▇▇▇▇▇ ▇▇▇▇▇▇ Opinion (the "UPDATED ▇▇▇▇▇▇ ▇▇▇▇▇▇ OPINION").
Updated Fairness Opinion. CIB shall use its reasonable best efforts to obtain an updated written opinion from JMS to the effect that the consideration to be received by shareholders of CIB pursuant to this Agreement is fair, from a financial point of view, to such shareholders, dated not more than ten days prior to the date of mailing of the Prospectus/Proxy Statement to the shareholders of CIB, for inclusion in such Prospectus/Proxy Statement.
Updated Fairness Opinion. NFC shall obtain an updated written opinion from ▇▇▇▇ ▇▇▇▇ to the effect that the consideration to be received by shareholders of NFC pursuant to this Agreement is fair, from a financial point of view, to such shareholders, dated not more than ten (10) days prior to the date of mailing of the Prospectus/Proxy Statement to the shareholders of NFC, for inclusion in such Prospectus/Proxy Statement.
Updated Fairness Opinion. CBT shall obtain an updated written opinion from KBW to the effect that the consideration to be received by stockholders of CBT pursuant to this Agreement is fair, from a financial point of view, to such stockholders, dated not more than ten (10) days prior to the date of mailing of the Prospectus/Proxy Statement to the stockholders of CBT, for inclusion in such Prospectus/Proxy Statement.
Updated Fairness Opinion. Use its reasonable best efforts to obtain an updated written opinion from RB to the effect that the Merger Consideration to be received by shareholders of Citizens pursuant to this Agreement is fair, from a financial point of view, to such shareholders, dated no more than ten (10) days prior to the date of mailing of the Prospectus/Proxy Statement to the shareholders of Citizens, for inclusion in such Prospectus/Proxy Statement.
Updated Fairness Opinion. Prior to the mailing of the Proxy Statement, Pulaski shall have received the Updated Fairness Opinion.
Updated Fairness Opinion. The Parties shall use their reasonable best efforts to obtain from Morg▇▇ ▇▇▇▇▇▇ ▇ ▇ritten fairness opinion, dated as of the date of the Proxy Statement, and otherwise substantially the same as the Morg▇▇ ▇▇▇▇▇▇ ▇▇▇nion (the "Updated Morg▇▇ ▇▇▇▇▇▇ ▇▇▇nion").
Updated Fairness Opinion. First County obtained an updated written opinion from ▇▇▇▇▇▇▇▇▇ as of January 31, 2003 to the effect that the consideration to be received by shareholders of First County pursuant to the Prior Agreement is fair, from a financial point of view, to such shareholders and that opinion was included in the Proxy Statement.
Updated Fairness Opinion. Prior to the mailing of the Proxy Statement, Ridgewood shall have received the Updated Fairness Opinion.