2Opinion of Counsel Sample Clauses

2Opinion of Counsel. Seller shall deliver to Buyer an opinion of counsel (which may be an opinion of its in-house counsel) within thirty (30) Days after the Seller receives written notice from Buyer stating that the Effective Date has been achieved, in a form and substance reasonably satisfactory to Buyer, containing the opinions that this Agreement has been duly and validly executed and delivered by Seller, and that this Agreement constitutes a legal, valid and binding obligation of Seller enforceable against it in accordance with its terms, subject to customary assumptions, qualifications and exceptions.
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2Opinion of Counsel. Receipt by the Administrative Agent of opinions of legal counsel to the Loan Parties in form and substance reasonably acceptable to the Administrative Agent, addressed to the Administrative Agent and each Lender, dated as of the date hereof.

Related to 2Opinion of Counsel

  • Opinion of Counsel The Indenture Trustee shall receive at least seven days prior written notice when requested by the Issuer to take any action pursuant to Section 8.04(b), accompanied by copies of any instruments involved, and the Indenture Trustee shall also require, as a condition to such action, an Opinion of Counsel, in form and substance satisfactory to the Indenture Trustee, stating the legal effect of any such action, outlining the steps required to complete the same, and concluding that all conditions precedent to the taking of such action have been complied with and such action will not materially and adversely impair the security for the Notes or the rights of the Noteholders in contravention of the provisions of this Indenture; provided, however, that such Opinion of Counsel shall not be required to express an opinion as to the fair value of the Trust Estate. Counsel rendering any such opinion may rely, without independent investigation, on the accuracy and validity of any certificate or other instrument delivered to the Indenture Trustee in connection with any such action.

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