Define: Reliance Letter
Reliance Letter means a written permission from the originator of an opinion or report, allowing specified parties to rely on it as if directed to them
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Reliance Letter means a written permission from the originator of an opinion or report, allowing specified parties to rely on it as if directed to them.
Relevant Circumstances
- When third-party validation or opinion is needed
- When a report needs to be used for decision making by other parties