Assumptions. In giving this opinion, we have assumed:
Assumptions. For the purpose of this opinion, we have made the following assumptions:
Assumptions. The following opinion is given only as to, and based on, circumstances and matters of fact existing and known to us on the date of this opinion. This opinion only relates to the laws of the Cayman Islands which are in force on the date of this opinion. In giving this opinion we have relied (without further verification) upon the completeness and accuracy of the Director’s Certificate and the Certificate of Good Standing. We have also relied upon the following assumptions, which we have not independently verified:
Assumptions. For the purposes of this Article 2:
Assumptions. In reaching the opinions set forth below, we have assumed the following:
Assumptions. On the Closing Date, based upon the information available to the Seller on such date, the assumptions used in calculating the Fixed Recovery Charges are reasonable and are made in good faith. Notwithstanding the foregoing, the Seller makes no representation or warranty, express or implied, that amounts actually collected arising from those Fixed Recovery Charges will in fact be sufficient to meet the payment obligations on the related Recovery Bonds or that the assumptions used in calculating such Fixed Recovery Charges will in fact be realized.
Assumptions. The Trusts are ultimately responsible for each Fund's compliance program and its compliance with applicable federal securities laws, including Rule 38a-1 under the 1940 Act. In addition, the management of each Fund and the management of the Funds' service providers are responsible for implementation and execution of their compliance programs.
Assumptions. The assumptions utilized in performing the Study shall be as follows:
Assumptions. The following assumptions are hereby acknowledged by the parties and apply to the performance of the Services under this PSA:
Assumptions. In rendering this opinion, we have assumed, with your consent and without any independent investigation, all of the following:
