Valuation and Fairness Opinion means the formal valuation of the Limited Voting Shares prepared by the Financial Advisor, as required pursuant to Ontario Securities Commission Rule 61-501 and the Autorité des marchés financiers du Québec Regulation Q-27, and the opinion of the Financial Advisor to the Special Committee as to the fairness, from a financial point of view, of the consideration being offered under the Arrangement to Four Seasons Shareholders, other than the Interested Shareholders; and
Valuation and Fairness Opinion means the formal valuation of the Limited Voting Shares prepared by the Financial Advisor, as required pursuant to Ontario Securities Commission Rule 61-501 and the Autorite des marches financiers du Quebec Regulation Q-27, and the opinion of the Financial Advisor to the Special Committee as to the fairness, from a financial point of view, of the consideration being offered under the Arrangement to Four Seasons Shareholders, other than the Interested Shareholders; and
Valuation and Fairness Opinion means the formal valuation of the Common Shares prepared by RBC for the Special Committee as required pursuant to MI 61-101, and the opinion of RBC to the Special Committee as to the fairness of the consideration under the Arrangement, from a financial point of view, to the Public Shareholders, all as of June 1, 2010, a copy of which is attached as Exhibit E to this Circular. Table of Contents
Examples of Valuation and Fairness Opinion in a sentence
The Special Committee determined, based in part on certain representations made to them by Blair Franklin, that Blair Franklin was independent and qualified to prepare the Formal Valuation and Fairness Opinion.
Moelis & Company LLC, the Financial Advisor, prepared the Valuation and Fairness Opinion.
The Formal Valuation and Fairness Opinion are conditional upon such accuracy and completeness.
Definition of Fair Market Value The Formal Valuation and Fairness Opinion states that, for the purpose of the opinions given therein, fair market value is defined to mean the monetary consideration that, in an open and unrestricted market, a prudent and informed buyer would pay to a prudent and informed seller, where each is acting at arm’s length with the other and under no compulsion to act.
In furtherance of the terms of the engagement letter between Blair Franklin and the REIT, a fixed fee in the aggregate amount of $165,000 was paid by the REIT to Blair Franklin as follows: (i) $70,000 upon execution of the engagement letter; (ii) $70,000 upon delivery by Blair Franklin of its preliminary views on the value of the Acquisition Properties; and (iii) $25,000 upon delivery of the Formal Valuation and Fairness Opinion to the Special Committee.
More Definitions of Valuation and Fairness Opinion
Valuation and Fairness Opinion means the formal valuation of the Tesma Class A Subordinate Voting Shares prepared by UBS for the Special Committee as required pursuant to Rule 61-501 and Policy Q-27, and the opinion of UBS to the Special Committee as to the fairness of the consideration being offered under the Arrangement, from a financial point of view, to the Shareholders other than Magna and its affiliates and associates, a copy of which is attached as Exhibit F to this Circular.
Valuation and Fairness Opinion means the formal valuation in respect of the Arrangement prepared in accordance with Rule 61-501 and Policy Q-27 and the fairness opinion in the form delivered by UBS Securities Canada Inc. to the special committee of Tesma's board of directors, as described in and appended to the Tesma Circular.
Valuation and Fairness Opinion means the valuation and fairness opinion dated October 25, 2012 prepared by the Financial Advisor;
Valuation and Fairness Opinion means the independent formal valuation of the Limited Voting Shares prepared by Xxxxxxx Xxxxx for the Special Committee as required pursuant to Rule 61-501 and Regulation Q-27, and the opinion of Xxxxxxx Xxxxx to the Special Committee as to the fairness, from a financial point of view, of the consideration to be received by the Minority Shareholders under the Arrangement, a copy of which is attached as Appendix C to this Circular.
Valuation and Fairness Opinion means the independent formal valuation of the DW Common Shares prepared by TD Securities for the DW Special Committee in accordance with MI 61-101, and the opinion of TD Securities to the DW Special Committee as to the fairness, from a financial point of view, to holders of DW Common Shares and Special Shares (other than the Locked-Up Shareholders) of the Offer Consideration and Distribution and Spinout Consideration, a copy of which is attached as Annex “B” to this Circular.CONSENT OF TORYS LLP TO: The Board of Directors of The Bank of Nova Scotia (the “Bank”) We hereby consent to the reference to our name and opinion contained under “Certain Canadian Federal Income Tax Considerations” and our name under “Legal Matters”, in the Circular, and to our name and opinion contained under “Eligibility for Investment” in Annex A, accompanying the Offer dated December 15, 2010 made by the Bank to the holders of common shares, special shares, series C, special shares, series D and first preference shares, series X of DundeeWealth Inc. (Signed) TORYS LLP Toronto, Ontario December 15, 2010CONSENT OF TD SECURITIES INC. TO: The Board of Directors of The Bank of Nova Scotia (the “Bank”) We refer to the Valuation and Fairness Opinion dated November 21, 2010, which we prepared for the Special Committee of the Board of Directors of DundeeWealth Inc. in connection with the offer made by the Bank to the holders of common shares, special shares, series C, special shares, series D and first preference shares, series X of DundeeWealth Inc., other than the Bank. We consent to the filing of the Valuation and Fairness Opinion with the applicable Canadian Securities Administrators and the inclusion of the Valuation and Fairness Opinion and a summary thereof in this Circular. In providing such consent, we do not intend that any person other than the Special Committee and the Board of Directors of DundeeWealth Inc. rely upon such Valuation and Fairness Opinion. (signed) TD SECURITIES INC. Toronto, Ontario December 15, 2010AUDITORS’ CONSENT TO: The Board of Directors of The Bank of Nova Scotia (the “Bank”) We have read the Offer and Take-Over Bid Circular dated December 15, 2010 of the Bank offering to purchase of all of the outstanding common shares, special shares, series C, special shares, series D and first preference shares, series X of DundeeWealth Inc. (the “Circular”). We have complied with Canadian generally accepted standards for an auditor’s involvement with offering documen...
Valuation and Fairness Opinion means the valuation and fairness opinion dated September 8, 2011 prepared by the Financial Advisor;
Valuation and Fairness Opinion means the independent formal valuation of the Common Shares prepared by TD Securities for the Special Committee as required pursuant to MI 61-101, and the opinion of TD Securities to the Special Committee as to the fairness, from a financial point of view, of the Consideration to be received by Shareholders (other than the Locked-Up Shareholders) in connection with the Offer, a copy of which is attached as Appendix “B” to this Circular.