Adequately disclosed definition
Adequately disclosed means explained in detail in a signed written statement prepared at least annually and available for public inspection.
Adequately disclosed. ADEQUATE DISCLOSURE" shall, in the given context, mean that all relevant information and/or, as the case may be, all relevant documents disclosed by the Seller sufficiently set forth the relevant facts in a way that a diligent and knowledgeable third party, acting in good faith and reading the information and/or document in the same context and for the same purpose as the Purchaser, would be able to discern and understand the essential facts;