Examples of Independent Valuation in a sentence
Upon receipt of the valuation report, the Borrower shall request Lender Committee to appoint an Independent Valuation Service Provider to prepare a fairness opinion in respect of the valuation report for the benefit of the Lenders.
For this purpose, the valuation report prepared by the Selected Independent Valuation Service Provider shall be shared with the Independent Valuation Service Provider appointed by the Lender Committee and the valuation report will be available for inspection by the Lender Committee at the registered office of the Borrower.
Upon receipt of the valuation report, the Borrower shall request the Selected Independent Valuation Service Provider to share with the Lenders a summary of the main findings of the report, in line with the information the Borrower shares with its Shareholders in the ordinary course of its corporate housekeeping.
A copy of the Share Swap Agreement as well as the Independent Valuation are available for inspection during normal business hours at the registered office of the Company at 0 Xxxxxxx Xxx, #00-00 Xxxxxxx Xxxxx, Xxxxxxxxx 000000 for a period of three (3) months from the date of this announcement.
On the terms and subject to conditions of the Share Swap Agreement, the Vendors shall transfer the entire issued share capital of DKI, unencumbered, save for two (2) shares of DKI which shall be transferred separately to affiliated companies of or companies nominated by each of the Company and LDC (the “Sale Shares”) to the Purchaser for an aggregate consideration of US$2 million, based on the Independent Valuation (as defined herein) (the “Acquisition”).