Define: Disclosed
fairly disclosed to the Investors in the Disclosure Letter, or the Further Disclosure Letter as applicable, with sufficient explanation and detail to enable the Investors to identify clearly the nature, scope and full implications of the matters disclosed;
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
fairly disclosed to the Investors in the Disclosure Letter, or the Further Disclosure Letter as applicable, with sufficient explanation and detail to enable the Investors to identify clearly the nature, scope and full implications of the matters disclosed;.
Relevant Circumstances
- When warranty claims can be defeated by fair and clear prior disclosure
- If the standard requires enough detail for investors to assess implications
- Where the further disclosure letter operates at completion