Opinion Letters. An opinion letter or opinion letters, which may be delivered by one or more counsel for the Issuer, for the Servicer, or for the Seller, dated the Closing Date, in each case subject to the customary exceptions, qualifications and assumptions contained therein, covering the following opinion points: (i) all conditions precedent provided for in this Indenture relating to (A) the authentication and delivery of the Storm Recovery Bonds and (B) the execution of the Series Supplement to this Indenture dated the Closing Date have been complied with, (ii) the execution of the Series Supplement is permitted by this Indenture, (iii) such action has been taken with respect to the recording and filing of this Indenture, any indentures supplemental hereto and any other requisite documents, including the execution and filing of such filings (including financing statements and continuation statements) with the appropriate governmental filing office pursuant to the Securitization Act and the Financing Order, as is necessary to perfect and make effective the Lien and the perfected security interest created by this Indenture and the Series Supplement, and, based on a review of a current report of a search of the appropriate governmental filing office, no other financing statement has been filed under the applicable Uniform Commercial Code describing any Lien that could rank equal or prior to the Lien of the Indenture, and reciting the details of such action, or stating that, in the opinion of such counsel, no such action is necessary to make effective such Lien, together with the other Opinions of Counsel described in Sections 9(d)-(f) and 9(h)-(o) of the Underwriting Agreement.
Appears in 2 contracts
Samples: Indenture (SWEPCO Storm Recovery Funding LLC), Indenture (SWEPCO Storm Recovery Funding LLC)
Opinion Letters. An opinion letter or opinion letters, which may be delivered by one or more counsel for the Issuer, for the Servicer, or for the Seller, dated the Closing Date, in each case subject to the customary exceptions, qualifications and assumptions contained therein, covering the following opinion points:
points (i) all conditions precedent provided for in this Indenture relating to (A) the authentication and delivery of the Storm Recovery Energy Transition Bonds and (B) the execution of the Series Supplement to this Indenture dated the Closing Date have been complied with,
, (ii) the execution of the Series Supplement is permitted by this Indenture,
, (iii) such action has been taken with respect to the recording and filing of this Indenture, any indentures supplemental hereto and any other requisite documents, including the execution and filing of such filings (including financing statements and continuation statements) with the appropriate governmental filing office pursuant to the Securitization Act and the Financing Order, as is necessary to perfect and make effective the Lien and the perfected security interest created by this Indenture and the Series Supplement, and, based on a review of a current report of a search of the appropriate governmental filing office, no other Lien that can be perfected solely by the filing of financing statement has been filed statements under the applicable Uniform Commercial Code describing any Lien that could rank ranks equal or prior to the Lien of the IndentureIndenture Trustee in the Trust Estate, and reciting the details of such action, or stating that, in the opinion of such counsel, no such action is necessary to make effective such the Lien, together with the other Opinions of Counsel described in Sections 9(d)-(f9(d) and 9(h)-(othrough 9(o) of the Underwriting Agreement.
Appears in 2 contracts
Samples: Indenture (Cleco Securitization II LLC), Indenture (Cleco Power LLC)
Opinion Letters. An opinion letter or opinion letters, which may be delivered by one or more counsel for the Issuer, for the Servicer, or for the Seller, dated the Closing Date, in each case subject to the customary exceptions, qualifications and assumptions contained therein, covering the following opinion points:
points (i) all conditions precedent provided for in this Indenture relating to (A) the authentication and delivery of the Storm Recovery Bonds and (B) the execution of the Series Supplement to this Indenture dated the Closing Date have been complied with,
, (ii) the execution of the Series Supplement is permitted by this Indenture,
, (iii) such action has been taken with respect to the recording and filing of this Indenture, any indentures supplemental hereto and any other requisite documents, including the execution and filing of such filings (including financing statements and continuation statements) with the appropriate governmental filing office pursuant to the Securitization Act and the Financing Order, as is necessary to perfect and make effective the Lien and the perfected security interest created by this Indenture and the Series Supplement, and, based on a review of a current report of a search of the appropriate governmental filing office, no other Lien that can be perfected solely by the filing of financing statement has been filed statements under the applicable Uniform Commercial Code describing any Lien that could rank ranks equal or prior to the Lien of the IndentureIndenture Trustee in the Trust Estate, and reciting the details of such action, or stating that, in the opinion of such counsel, no such action is necessary to make effective such the Lien, together with the other Opinions of Counsel described in Sections 9(d)-(f9(d) and 9(h)-(othrough 9(p) of the Underwriting Agreement.
Appears in 2 contracts
Samples: Indenture (Cleco Power LLC), Indenture (Cleco Power LLC)
Opinion Letters. An opinion letter or opinion letters, which may be delivered by one or more counsel for the Issuer, for the Servicer, or for the Seller, dated the Closing Date, in each case subject to the customary exceptions, qualifications and assumptions contained therein, covering the following opinion points:
points (i) all conditions precedent provided for in this Indenture relating to (A) the authentication and delivery of the Storm Recovery Bonds and (B) the execution of the Series Supplement to this Indenture dated the Closing Date have been complied with,
, (ii) the execution of the Series Supplement is permitted by this Indenture,
, (iii) such action has been taken with respect to the recording and filing of this Indenture, any indentures supplemental hereto and any other requisite documents, including the execution and filing of such filings (including financing statements and continuation statements) with the appropriate governmental filing office pursuant to the Securitization Act and the Financing Order, as is necessary to perfect and make effective the Lien and the perfected security interest created by this Indenture and the Series Supplement, and, based on a review of a current report of a search of the appropriate governmental filing office, no other Lien that can be perfected solely by the filing of financing statement has been filed statements under the applicable Uniform Commercial Code describing any Lien that could rank ranks equal or prior to the Lien of the IndentureIndenture Trustee in the Trust Estate, and reciting the details of such action, or stating that, in the opinion of such counsel, no such action is necessary to make effective such the Lien, together with the other Opinions of Counsel described in Sections 9(d)-(f) and 9(h)-(o) [•] through [•] of the Underwriting Agreement.
Appears in 2 contracts
Samples: Indenture (Cleco Power LLC), Indenture (Cleco Power LLC)
Opinion Letters. An opinion letter or opinion letters, which may be delivered by one or more counsel for the Issuer, for the Servicer, or for the Seller, dated the Closing Date, in each case subject to the customary exceptions, qualifications and assumptions contained therein, covering the following opinion points:
points (i) all conditions precedent provided for in this Indenture relating to (A) the authentication and delivery of the Storm Recovery Energy Transition Bonds and (B) the execution of the Series Supplement to this Indenture dated the Closing Date have been complied with,
, (ii) the execution of the Series Supplement is permitted by this Indenture,
, (iii) such action has been taken with respect to the recording and filing of this Indenture, any indentures supplemental hereto and any other requisite documents, including the execution and filing of such filings (including financing statements and continuation statements) with the appropriate governmental filing office pursuant to the Securitization Act and the Financing Order, as is necessary to perfect and make effective the Lien and the perfected security interest created by this Indenture and the Series Supplement, and, based on a review of a current report of a search of the appropriate governmental filing office, no other Lien that can be perfected solely by the filing of financing statement has been filed statements under the applicable Uniform Commercial Code describing any Lien that could rank ranks equal or prior to the Lien of the IndentureIndenture Trustee in the Trust Estate, and reciting the details of such action, or stating that, in the opinion of such counsel, no such action is necessary to make effective such the Lien, together with the other Opinions of Counsel described in Sections 9(d)-(f) and 9(h)-(o) [9(d)] through [9(p)] of the Underwriting Agreement.
Appears in 1 contract
Samples: Indenture (Cleco Power LLC)
Opinion Letters. An opinion letter or opinion letters, which may be delivered by one or more counsel for the Issuer, for the Servicer, or for the Seller, dated the Closing Date, in each case subject to the customary exceptions, qualifications and assumptions contained therein, covering the following opinion points:
(i) all conditions precedent provided for in this Indenture relating to (A) the authentication and delivery of the Storm Recovery Bonds and (B) the execution of the Series Supplement to this Indenture dated the Closing Date have been complied with,
(ii) the execution of the Series Supplement is permitted by this Indenture,
(iii) such action has been taken with respect to the recording and filing of this Indenture, any indentures supplemental hereto and any other requisite documents, including the execution and filing of such filings (including financing statements and continuation statements) with the appropriate governmental filing office pursuant to the Securitization Act and the Financing Order, as is necessary to perfect and make effective the Lien and the perfected security interest created by this Indenture and the Series Supplement, and, based on a review of a current report of a search of the appropriate governmental filing office, no other financing statement has been filed under the applicable Uniform Commercial Code describing any Lien that could rank equal or prior to the Lien of the Indenture, and reciting the details of such action, or stating that, in the opinion of such counsel, no such action is necessary to make effective such Lien, together with the other Opinions of Counsel described in Sections 9(d)-(f) and 9(h)-(o) [●] through [●] of the Underwriting Agreement.
Appears in 1 contract