Consent
Permission from different individuals or entities. A company must obtain the consent (or waiver) from a specified percentage of those stockholders who are contractually protected by a covenant to take certain actions otherwise restricted by covenant. In a different context, the company's accountants consent to the inclusion of their audit reports on prior years' financial statements in an offering memorandum or prospectus.
- Part of Speech:
- Industry/Domain: Financial services
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- kirb
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