Common use of FORM OF OPINION OF GENERAL COUNSEL Clause in Contracts

FORM OF OPINION OF GENERAL COUNSEL. (i) the Company is duly qualified as a foreign limited liability company to transact business and is in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure to so qualify or to be in good standing would not result in a Material Adverse Effect;

Appears in 3 contracts

Samples: Underwriting Agreement (CNH Industrial Capital LLC), Underwriting Agreement (CNH Industrial Capital LLC), Underwriting Agreement (CNH Industrial Capital LLC)

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FORM OF OPINION OF GENERAL COUNSEL. (i) the 1. The Company is duly qualified as a foreign limited liability company corporation to transact business and is in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except for such jurisdictions where the failure to so qualify or to be in good standing would not result not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect;Effect (as defined in the Underwriting Agreement).

Appears in 2 contracts

Samples: Underwriting Agreement (Parker Drilling Co /De/), Underwriting Agreement (Parker Drilling Co /De/)

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