Favorable Report definition
Favorable Report shall have the meaning set forth in Article 4.2.1(i);
Examples of Favorable Report in a sentence
The Company Offer Documents will include the Favorable Report and the Final Board Recommendation.
It is an essential condition for the Purchaser that, subject to receipt of a Favorable Report, the joint public announcement expressly states that the Board supports and intends to recommend the Offer.
Promptly following the execution of this Agreement, the Company and Parent shall issue an agreed upon press release announcing the Offer (the “Public Announcement”), including among other items a decision of the Company Board stating expressly its intention to recommend the Offer subject to the receipt of a Favorable Report (as such term is defined below).