Solvency Letter definition
Examples of Solvency Letter in a sentence
Subject to the foregoing, the Solvency Letter shall be in form and substance reasonably satisfactory to the Company.
The parties agree to cooperate with the Appraiser in connection with the preparation of the Solvency Letter, including, without limitation, providing the Appraiser with any information reasonably available to them necessary for the Appraiser's preparation of such letter.
Notwithstanding anything to the contrary in this Agreement, Parent and/or MergerCo shall pay all fees, costs and expenses of such appraisal firm in connection with the preparation and delivery of the Solvency Letter.
Except with the prior written consent of the Company's Board of Directors, Parent will not consummate the Merger unless and until such Board of Directors shall have received the Solvency Letter.
Each of the Company Board and the MergerCo Board shall have received the Solvency Letter.
The parties agree to cooperate with the Appraiser in connection with the preparation of the Solvency Letter, including, without limitations providing the Appraiser with any information reasonably available to them necessary for the Appraiser's preparation of such letter.
Except with the prior written consent of the Company's Board of Directors, the Parent will not consummate the Merger unless and until such Board shall have received the Solvency Letter (the "Solvency Letter Conditions").
Parent shall have delivered to the Company and the Company’s Board of Directors the Solvency Letter pursuant to Section 5.13.
The Board of Directors of the Company shall have received the Solvency Letter referred to in Section 5.10.
In the event that Purchaser has engaged a nationally recognized appraisal firm (the "Appraiser") to prepare such a Solvency Letter, Purchaser shall have delivered such Solvency Letter to Seller.