Insolvency Opinion. The issuance of and delivery to Lender of six (6) original counterparty Insolvency Opinions in the form attached hereto as Exhibit K from Wxxxxxx & Masyr, LLP or another law firm reasonably acceptable to Lender.
Insolvency Opinion. All of the assumptions made in the Insolvency Opinion, including, but not limited to, any exhibits attached thereto, are true and correct in all material respects and any assumptions made in any subsequent non-consolidation opinion required to be delivered in connection with the Loan Documents (an “Additional Insolvency Opinion”), including, but not limited to, any exhibits attached thereto, will have been and shall be true and correct in all material respects.
Insolvency Opinion. Notwithstanding anything in this Agreement to the contrary, if after giving effect to any Transfer (including, without limitation, a Permitted Transfer), more than forty-nine percent (49%) in the aggregate of direct or indirect interests in Borrower or Operating Lessee are owned by any Person and its Affiliates that owned less than forty-nine percent (49%) direct or indirect interest in Borrower or Operating Lessee as of the Closing Date, Borrower shall deliver to Lender prior to the effective date of such Transfer an updated Insolvency Opinion reasonably acceptable to Lender and acceptable to the Rating Agencies.
Insolvency Opinion. Notwithstanding anything in this Agreement to the contrary, if after giving effect to any Transfer (including, without limitation, a Permitted Transfer), more than forty-nine percent (49%) in the aggregate of direct or indirect interests in any Restricted Party are owned by any Person and its Affiliates that owned less than forty-nine 100 percent (49%) direct or indirect interest in such Restricted Party as of the Closing Date, Borrower shall deliver to Lender prior to the effective date of such Transfer an updated Insolvency Opinion acceptable to Lender and the Rating Agencies.
Insolvency Opinion. Borrower shall conduct its business so that the assumptions made with respect to Borrower in the Insolvency Opinion shall be true and correct in all material respects.
Insolvency Opinion. If any of the assumptions contained in the insolvency opinion, or in any other "non- consolidation" opinion delivered to Lender in connection with the Loan, or in any other "non- consolidation" opinion delivered subsequent to the closing of the Loan, is or shall become untrue in any material respect.
Insolvency Opinion. All of the assumptions made in that certain substantive non-consolidation opinion letter dated the date hereof, delivered by Borrower's counsel in connection with the Loan and any subsequent non-consolidation opinion delivered in accordance with the terms and conditions of this Agreement (the "Non-consolidation Opinion"), including, but not limited to, any exhibits attached thereto, are true and correct in all respects. -41- 47
Insolvency Opinion. 76 Section 11.5 Taxes...........................................................76 Section 11.6 Sale, Encumbrance, Etc..........................................76 Section 11.7
Insolvency Opinion. 58 Section 11.5 Taxes . . . . . . . . . . . . . . . . . . . . . 58 Section 11.6 Sale, Encumbrance, Etc. . . . . . . . . . . . . 58 Section 11.7
Insolvency Opinion. If any of the ------------------ assumptions contained in the insolvency opinion, or in any other "non-consolidation" opinion delivered to Lender in connection with the Loan, or in any other "non-consolidation" opinion delivered subsequent to the closing of the Loan, is or shall become untrue in any material respect. SECTION 11.5 TAXES If any of the Taxes are not paid ----- when the same are due and payable; provided, however, that Borrower's compliance with the provisions of Section 5.4 hereof relating to impounds for Taxes shall, with respect to payment of such Taxes, be deemed compliance with this Section 11.5. SECTION 11.6
