Form of Legal Opinion Sample Clauses
The 'Form of Legal Opinion' clause defines the required structure, content, and format for any legal opinion that must be provided under the agreement. It typically specifies the topics the opinion must address, the qualifications or assumptions the legal counsel may rely on, and the jurisdiction or legal standards to be applied. By setting these parameters, the clause ensures that all parties receive a consistent and reliable legal assessment, reducing ambiguity and facilitating smoother transactions.
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Form of Legal Opinion. Budapest
Form of Legal Opinion. The Company is a corporation validly existing and in good standing under the laws of the state of its incorporation.
Form of Legal Opinion. The Company has been duly incorporated and is a validly existing corporation in good standing under the laws of the State of Nevada.
Form of Legal Opinion. Based upon and subject to the foregoing, we are of the opinion that:
Form of Legal Opinion. Company is a corporation validly existing and in good standing under the laws of the State of Delaware.
Form of Legal Opinion. Each of the Closing Documents is a valid and binding obligation of the Acquired Company, enforceable by Purchaser against the Acquired Company in accordance with its terms.
Form of Legal Opinion. The Company/Subsidiary is a corporation duly formed and validly existing in good standing under the laws of the State of Delaware.
Form of Legal Opinion. On the basis of the foregoing, in reliance thereon and with the foregoing qualifications, Company Counsel is of the opinion that:
Form of Legal Opinion. We are counsel to PositiveID Corporation, a Delaware corporation (“Company”), in connection with the sale and issuance of shares (“Preferred Shares”) of Company’s Series H Preferred Stock, par value $0.001 per share (“Preferred Stock”), convertible into shares (“Common Shares”) of Company’s common stock, par value $0.01 per share (“Common Stock”) to Ironridge Technology Co., a division of Ironridge Global IV, Ltd., a British Virgin Islands business company (“Purchaser”), (the Preferred Shares and Common Shares, collectively, “Shares”) pursuant to the terms of the Preferred Stock Purchase Agreement dated as of January 13, 2012 (“Agreement”, and collectively with all documents and agreements related to or arising from the Agreement, the “Transaction Documents”), by and between Company and Purchaser. Capitalized terms not otherwise defined herein have the meanings set forth in the Transaction Documents. We are of the opinion that, as of the date hereof:
Form of Legal Opinion. The opinions will be subject to standard assumptions, limitations and other qualifications and the standard form of Sonfield & Sonfield.