Common use of Insolvency Opinion Clause in Contracts

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.

Appears in 3 contracts

Samples: Loan Agreement (Equity Inns Inc), Loan Agreement (Equity Inns Inc), Loan Agreement (Equity Inns Inc)

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Insolvency Opinion. If any of the ------------------ assumptions contained in the insolvency opinion, or in any other "non- non-consolidation" opinion delivered to Lender in connection with the Loan, or in any other "non- non-consolidation" opinion delivered subsequent to the closing of the Loan, is or shall become untrue in any material respect.

Appears in 1 contract

Samples: Loan Agreement (Winston Hotels Inc)

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