Formal Valuation definition

Formal Valuation means a valuation prepared in accordance with Part 6; “freely tradeable” means, for securities, that

Formal Valuation means a report of a Valuer that contains the Valuer’s opinion as to the value or range of values of the subject matter of the valuation;

Formal Valuation means the independent formal valuation of the Target Shares prepared in accordance with Rule 61-501 and Policy Statement Q-27 by the Independent Valuator; “fully-diluted basis” means, with respect to the number of outstanding Target Shares at any time, such number of outstanding Target Shares calculated assuming that: (a) all outstanding options, warrants or other rights to acquire Target Shares are exercised and Target Shares are issued pursuant thereto, whether or not such warrants, options or other rights are exercisable by the holder; and (b) all outstanding securities of the Target that are convertible or exchangeable into Target Shares are converted or exchanged, as applicable, whether or not such convertible or exchangeable securities are exercisable by the holder;

Examples of Formal Valuation in a sentence

• The Formal Valuation exemptions available to the Company include: s.

• A true and complete copy of the Fairness Opinion and the Formal Valuation have been provided by Etruscan to Endeavour prior to the date of this Agreement.

• The Special Committee has received the Formal Valuation., the preparation and contents of which complies in all material respects with the requirements under MI 61-101 for a formal valuation in respect of the transactions contemplated herein and in the Plan of Arrangement.

• The Unconflicted Board of Directors, after receiving the unanimous recommendation of the Special Committee and following careful consideration of, among other things, the Formal Valuation and the Fairness Opinions, the terms and conditions set forth in the Arrangement Agreement, the matters discussed under the heading “Error! Reference source not found.

More Definitions of Formal Valuation

Formal Valuation means the formal valuation of the Shares provided by Maxit to the Special Committee in accordance with the requirements of MI 61-101, which concluded that, as of July 15, 2023 and based upon Maxit's analysis and subject to the assumptions, limitations and qualifications set forth therein, the fair market value of the Shares is in the range of US$1.40 to US$2.50 per Share, as further described under "Special Factors - Formal Valuation and Maxit Fairness Opinion", and in the Formal Valuation and Maxit Fairness Opinion, a copy of which is attached as Appendix C to this Circular.

Formal Valuation means the independent formal valuation required to be obtained in connection with the Transaction pursuant to MI 61-101.

Formal Valuation means the valuation report of KPMG dated July 10, 2003, a copy of which is attached as Appendix G to this Circular.

Formal Valuation means the formal valuation for the Transaction prepared by Xxxxxxx Securities Inc. in accordance with MI 61-101.

Formal Valuation means the formal valuation provided by PwC pursuant to MI 61-101 contained in the PwC Report (a copy of which is attached as Appendix "F" to this Circular), which provides a conclusion with respect to the fair market value of the Common Shares in accordance with MI 61-101;

Formal Valuation means a valuation of either or both of the assets and liabilities of an investment fund that contains the opinion of a qualified and independent valuator as to the current value of the assets or liabilities, and that is prepared in accordance with Part 9;

Formal Valuation means the formal valuation of Company Common Shares and Purchaser Common Shares prepared by Cormark Securities Inc. in accordance with Part 6 of MI 61-101;