Common use of Closing Date Opinions of Counsel Clause in Contracts

Closing Date Opinions of Counsel. (a) On the Closing Date, the Underwriters shall have received the opinion of Xxxxxxxxxx & Xxxxx LLP, counsel to the Company, and letter of negative assurance, in each case dated the Closing Date and in form and substance reasonably satisfactory to the Managing Underwriter and agreed upon prior to the Effective Date. (b) On the Closing Date, the Underwriters shall have received the opinion of Glast, Xxxxxxxx & Xxxxxx, P.C., intellectual property counsel to the Company, in and a letter of negative assurance, in each case dated the Closing Date and in form and substance reasonably satisfactory to the Managing Underwriter and agreed upon prior to the Effective Date.

Closing Date Opinions of Counsel. (a) On the Closing Date, the Underwriters Underwriter shall have received the opinion of Xxxxxxxxxx & Xxxxx LLP, counsel to the Company, and letter of negative assurance, in each case dated the Closing Date and in form and substance reasonably satisfactory to the Managing Underwriter and agreed upon prior to the Effective Date. (b) On the Closing Date, the Underwriters Underwriter shall have received the opinion of Glast, Xxxxxxxx & Xxxxxx, P.C., intellectual property counsel to the Company, in and a letter of negative assurance, in each case dated the Closing Date and in form and substance reasonably satisfactory to the Managing Underwriter and agreed upon prior to the Effective Date.