Common use of Delivery of Opinion Clause in Contracts

Delivery of Opinion. On or prior to the Trading Day prior to date of delivery of the first Sales Notice hereunder (or, if earlier, prior to the date of the Company’s approval of a privately negotiated transaction hereunder) (such Trading Day, the “Initial Delivery Date”), the Company shall have caused the Company Counsel to furnish to the Manager, requested by the Manager and upon reasonable advance notice in connection with any offering of the Shares, its opinion and negative assurance statement, dated as of such date and addressed to the Manager in form and substance acceptable to the Manager.

Appears in 3 contracts

Samples: Market Offering Agreement (MGT Capital Investments Inc), At the Market Offering Agreement (MGT Capital Investments Inc), At the Market Offering Agreement (MGT Capital Investments Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!