Common use of Company Legal Opinions Clause in Contracts

Company Legal Opinions. On or prior to the date that the first Shares are sold pursuant to the terms of this Agreement, each time Common Shares are delivered to Barclays as principal on a Settlement Date and within three (3) Trading Days of each Representation Date with respect to which the Company is obligated to deliver a certificate in the form attached hereto as Exhibit E for which no waiver is applicable, the Company shall cause to be furnished to Barclays written opinions of Sxxxxxxxxx Xxxxxx & Bxxxxxx LLP (collectively, “Company Counsel”), or other counsel satisfactory to Barclays, in form and substance satisfactory to Barclays and its counsel, dated the date that the opinion is required to be delivered, substantially similar to the form attached hereto as Exhibit D, modified, as necessary, to relate to the Registration Statement and the Prospectus as then amended or supplemented; provided, however, that in lieu of such opinions for subsequent Representation Dates, any such counsel may furnish Barclays with a letter (a “Reliance Letter”) to the effect that Barclays may rely on a prior opinion delivered under this Section 8(q) to the same extent as if it were dated the date of such letter (except that statements in such prior opinion shall be deemed to relate to the Registration Statement and the Prospectus as amended or supplemented at such Representation Date).

Appears in 1 contract

Samples: Equity Distribution Agreement (TICC Capital Corp.)

AutoNDA by SimpleDocs

Company Legal Opinions. On or prior to the date that the first Shares Notes are sold pursuant to the terms of this Agreement, each time Common Shares Notes are delivered to Barclays Ladenburg as principal on a Settlement Date and within three (3) Trading Days of each Representation Date with respect to which the Company is obligated to deliver a certificate in the form attached hereto as Exhibit E for which no waiver is applicable, the Company shall cause to be furnished to Barclays Ladenburg written opinions of Sxxxxxxxxx Xxxxxxxxxx Xxxxxx & Bxxxxxx Xxxxxxx LLP (collectively, “Company Counsel”), or other counsel satisfactory to BarclaysLadenburg, in form and substance reasonably satisfactory to Barclays Ladenburg and its counsel, dated the date that the opinion is required to be delivered, substantially similar to the form attached hereto as Exhibit D, modified, as necessary, to relate to the Registration Statement and the Prospectus as then amended or supplemented; provided, however, that in lieu of such opinions for subsequent Representation Dates, any such counsel may furnish Barclays Ladenburg with a letter (a “Reliance Letter”) to the effect that Barclays Ladenburg may rely on a prior opinion delivered under this Section 8(q) to the same extent as if it were dated the date of such letter (except that statements in such prior opinion shall be deemed to relate to the Registration Statement and the Prospectus as amended or supplemented at such Representation Date).

Appears in 1 contract

Samples: Debt Distribution Agreement (Saratoga Investment Corp.)

Company Legal Opinions. On or prior to the date that the first Shares are sold pursuant to the terms of this Agreement, each time Common Shares are delivered to Barclays an Agent as principal on a Settlement Date and within three (3) Trading Days of each Representation Date with respect to which the Company is obligated to deliver a certificate in the form attached hereto as Exhibit E for which no waiver is applicable, the Company shall cause to be furnished to Barclays the Agents written opinions of Sxxxxxxxxx Xxxxxx & Bxxxxxx Eversheds Xxxxxxxxxx (US) LLP (collectively, “Company Counsel”), or other counsel satisfactory to BarclaysLadenburg, in form and substance reasonably satisfactory to Barclays Ladenburg and its counsel, dated the date that the opinion is required to be delivered, substantially similar to the form attached hereto as Exhibit D, modified, as necessary, to relate to the Registration Statement and the Prospectus as then amended or supplemented; provided, however, that in lieu of such opinions for subsequent Representation Dates, any such counsel may furnish Barclays the Agents with a letter (a “Reliance Letter”) to the effect that Barclays the Agents may rely on a prior opinion delivered under this Section 8(q) to the same extent as if it were dated the date of such letter (except that statements in such prior opinion shall be deemed to relate to the Registration Statement and the Prospectus as amended or supplemented at such Representation Date).

Appears in 1 contract

Samples: Equity Distribution Agreement (Saratoga Investment Corp.)

AutoNDA by SimpleDocs

Company Legal Opinions. On or prior to the date that the first Shares are sold pursuant to the terms of this Agreement, each time Common Shares are delivered to Barclays Ladenburg as principal on a Settlement Date and within three (3) Trading Days of each Representation Date with respect to which the Company is obligated to deliver a certificate in the form attached hereto as Exhibit E for which no waiver is applicable, the Company shall cause to be furnished to Barclays Ladenburg written opinions of Sxxxxxxxxx Xxxxxx & Bxxxxxx Pxxxxx Xxxxxxxx LLP (collectively, “Company Counsel”), or other counsel satisfactory to BarclaysLadenburg, in form and substance satisfactory to Barclays Ladenburg and its counsel, dated the date that the opinion is required to be delivered, substantially similar to the form attached hereto as Exhibit D, modified, as necessary, to relate to the Registration Statement and the Prospectus as then amended or supplemented; provided, however, that in lieu of such opinions for subsequent Representation Dates, any such counsel may furnish Barclays Ladenburg with a letter (a “Reliance Letter”) to the effect that Barclays Ladenburg may rely on a prior opinion delivered under this Section 8(q) to the same extent as if it were dated the date of such letter (except that statements in such prior opinion shall be deemed to relate to the Registration Statement and the Prospectus as amended or supplemented at such Representation Date).

Appears in 1 contract

Samples: Equity Distribution Agreement (Herzfeld Caribbean Basin Fund Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.