Common use of Annual Opinion Clause in Contracts

Annual Opinion. On or before March 31st of each calendar year, commencing March 31, 2017, TRS shall deliver to RFC VIII, with a copy to the Indenture Trustee, an opinion of counsel to the effect that (i) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings is then necessary to perfect the ownership interest of RFC VIII in the Purchased Assets, and (ii) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings will be necessary prior to March 31st of the next calendar year to perfect the ownership interest of RFC VIII in the Purchased Assets or stating what such filings will be necessary prior to such March 31st.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC), Receivables Purchase Agreement

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Annual Opinion. On or before March 31st of each calendar year, commencing March 31, 20172006, TRS Centurion shall deliver to RFC VIIITRS, with a copy to the Indenture Trustee, an opinion of counsel to the effect that (i) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings is then necessary to perfect the ownership interest of RFC VIII TRS in the Purchased Assets, and (ii) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings will be necessary prior to March 31st of the next calendar year to perfect the ownership interest of RFC VIII TRS in the Purchased Assets or stating what such filings will be necessary prior to such March 31st.. [END OF ARTICLE V]

Appears in 2 contracts

Samples: Receivables Purchase Agreement (American Express Issuance Trust), Receivables Purchase Agreement (American Express Receivables Financing CORP v LLC)

Annual Opinion. On or before March 31st of each calendar year, commencing March 31, 20172019, TRS shall deliver to RFC VIII, with a copy to the Indenture Trustee, an opinion of counsel to the effect that (i) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings is then necessary to perfect the ownership interest of RFC VIII in the Purchased Assets, and (ii) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings will be necessary prior to March 31st of the next calendar year to perfect the ownership interest of RFC VIII in the Purchased Assets or stating what such filings will be necessary prior to such March 31st.

Appears in 2 contracts

Samples: Receivables Purchase Agreement, Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC)

Annual Opinion. On or before March 31st of each calendar year, commencing March 31, 20172019, TRS the Seller shall deliver to RFC VIIITRS, with a copy to the Indenture Trustee, an opinion of counsel to the effect that (i) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings is then necessary to perfect the ownership interest of RFC VIII TRS in the Purchased Assets, and (ii) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings will be necessary prior to March 31st of the next calendar year to perfect the ownership interest of RFC VIII TRS in the Purchased Assets or stating what such filings will be necessary prior to such March 31st.

Appears in 2 contracts

Samples: Receivables Purchase Agreement, Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC)

Annual Opinion. On or before March 31st of each calendar year, commencing March 31, 2017, TRS Centurion shall deliver to RFC VIIITRS, with a copy to the Indenture Trustee, an opinion of counsel to the effect that (i) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings is then necessary to perfect the ownership interest of RFC VIII TRS in the Purchased Assets, and (ii) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings will be necessary prior to March 31st of the next calendar year to perfect the ownership interest of RFC VIII TRS in the Purchased Assets or stating what such filings will be necessary prior to such March 31st.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC), Receivables Purchase Agreement

Annual Opinion. On or before March 31st of each calendar year, commencing March 31, 20172006, TRS FSB shall deliver to RFC VIIITRS, with a copy to the Indenture Trustee, an opinion of counsel to the effect that (i) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings is then necessary to perfect the ownership interest of RFC VIII TRS in the Purchased Assets, and (ii) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings will be necessary prior to March 31st of the next calendar year to perfect the ownership interest of RFC VIII TRS in the Purchased Assets or stating what such filings will be necessary prior to such March 31st.. [END OF ARTICLE V]

Appears in 2 contracts

Samples: Receivables Purchase Agreement (American Express Receivables Financing CORP v LLC), Receivables Purchase Agreement (American Express Issuance Trust)

Annual Opinion. On or before March 31st of each calendar year, commencing March 31, 2017201[_], TRS Centurion shall deliver to RFC VIIITRS, with a copy to the Indenture Trustee, an opinion of counsel to the effect that (i) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings is then necessary to perfect the ownership interest of RFC VIII TRS in the Purchased Assets, and (ii) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings will be necessary prior to March 31st of the next calendar year to perfect the ownership interest of RFC VIII TRS in the Purchased Assets or stating what such filings will be necessary prior to such March 31st.

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC)

Annual Opinion. On or before March 31st of each calendar year, commencing March 31, 2017, TRS FSB shall deliver to RFC VIIITRS, with a copy to the Indenture Trustee, an opinion of counsel to the effect that (i) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings is then necessary to perfect the ownership interest of RFC VIII TRS in the Purchased Assets, and (ii) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings will be necessary prior to March 31st of the next calendar year to perfect the ownership interest of RFC VIII TRS in the Purchased Assets or stating what such filings will be necessary prior to such March 31st.

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC)

Annual Opinion. On or before March 31st of each calendar year, commencing March 31, 20172006, TRS FSB shall deliver to RFC VIIITRS, with a copy to the Indenture Trustee, an opinion of counsel to the effect that (i) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings is then necessary to perfect the ownership interest of RFC VIII TRS in the Purchased Assets, and (ii) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings will be necessary prior to March 31st of the next calendar year to perfect the ownership interest of RFC VIII TRS in the Purchased Assets or stating what such filings will be necessary prior to such March 31st.

Appears in 1 contract

Samples: Receivables Purchase Agreement

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Annual Opinion. On or before March 31st of each calendar year, commencing March 31, 2017201[_], TRS FSB shall deliver to RFC VIIITRS, with a copy to the Indenture Trustee, an opinion of counsel to the effect that (i) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings is then necessary to perfect the ownership interest of RFC VIII TRS in the Purchased Assets, and (ii) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings will be necessary prior to March 31st of the next calendar year to perfect the ownership interest of RFC VIII TRS in the Purchased Assets or stating what such filings will be necessary prior to such March 31st.

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC)

Annual Opinion. On or before March 31st of each calendar year, commencing March 31, 20172013, TRS shall deliver to RFC VIII, with a copy to the Indenture Trustee, an opinion of counsel to the effect that (i) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings is then necessary to perfect the ownership interest of RFC VIII in the Purchased Assets, and (ii) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings will be necessary prior to March 31st of the next calendar year to perfect the ownership interest of RFC VIII in the Purchased Assets or stating what such filings will be necessary prior to such March 31st.

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC)

Annual Opinion. On or before March 31st of each calendar year, commencing March 31, 20172013, TRS Centurion shall deliver to RFC VIIITRS, with a copy to the Indenture Trustee, an opinion of counsel to the effect that (i) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings is then necessary to perfect the ownership interest of RFC VIII TRS in the Purchased Assets, and (ii) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings will be necessary prior to March 31st of the next calendar year to perfect the ownership interest of RFC VIII TRS in the Purchased Assets or stating what such filings will be necessary prior to such March 31st.

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC)

Annual Opinion. On or before March 31st of each calendar year, commencing March 31, 20172013, TRS FSB shall deliver to RFC VIIITRS, with a copy to the Indenture Trustee, an opinion of counsel to the effect that (i) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings is then necessary to perfect the ownership interest of RFC VIII TRS in the Purchased Assets, and (ii) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings will be necessary prior to March 31st of the next calendar year to perfect the ownership interest of RFC VIII TRS in the Purchased Assets or stating what such filings will be necessary prior to such March 31st.

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Express Receivables Financing Corp VIII LLC)

Annual Opinion. On or before March 31st of each calendar year, commencing March 31, 20172006, TRS Centurion shall deliver to RFC VIIITRS, with a copy to the Indenture Trustee, an opinion of counsel to the effect that (i) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings is then necessary to perfect the ownership interest of RFC VIII TRS in the Purchased Assets, and (ii) no further action with respect to the recording or filing of any financing statements, any amendments to financing statements, or any other documents or filings will be necessary prior to March 31st of the next calendar year to perfect the ownership interest of RFC VIII TRS in the Purchased Assets or stating what such filings will be necessary prior to such March 31st.

Appears in 1 contract

Samples: Receivables Purchase Agreement

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