Common use of Opinion of Agent Counsel Clause in Contracts

Opinion of Agent Counsel. On or prior to the first Placement Notice and on each Representation Date to which a waiver under Section 3(o) does not apply, there shall have been furnished to the Agent the opinion and negative assurance letter of Pxxx Xxxxxxxx LLP, counsel for the Agent, dated as of such Representation Date and addressed to Agent, in a form reasonably satisfactory to the Agent, and such counsel shall have received such papers and information as they request to enable them to pass upon such matters; provided however, the opinion of Pxxx Xxxxxxxx LLP shall only be required prior to the first Placement Notice, and thereafter, only a negative assurance letter of such counsel shall be required for each subsequent Representation Date.

Appears in 1 contract

Samples: Equity Distribution Agreement (U.S. Well Services, Inc.)

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Opinion of Agent Counsel. On or prior to the first Placement Notice following the date hereof and on each Representation Date to which a waiver under Section 3(o) does not apply, there shall have been furnished to the Agent Agents the opinion and negative assurance letter of Pxxx Xxxxxxxx Xxxxxx & Xxxxxxx LLP, counsel for the AgentAgents, dated as of such Representation Date and addressed to Agent, in a form reasonably satisfactory to the AgentAgents, and such counsel shall have received such papers and information as they request to enable them to pass upon such matters; provided however, the opinion of Pxxx Xxxxxxxx Xxxxxx & Xxxxxxx LLP shall only be required prior to the first Placement Notice, and thereafter, only a negative assurance letter of such counsel shall be required for each subsequent Representation Date.

Appears in 1 contract

Samples: Independence Contract (Independence Contract Drilling, Inc.)

Opinion of Agent Counsel. On or prior to the first Placement Notice and on each Representation Date to which a waiver under Section 3(o) does not apply, there shall have been furnished to the Agent the opinion and negative assurance letter of Pxxx Xxxxxxxx Hunton Xxxxxxx Xxxxx LLP, counsel for the Agent, dated as of such Representation Date and addressed to the Agent, in a form reasonably satisfactory to the Agent, and such counsel shall have received such papers and information as they request to enable them to pass upon such matters; provided however, the opinion of Pxxx Xxxxxxxx Hunton Xxxxxxx Xxxxx LLP shall only be required prior to the first Placement Notice, and thereafter, only a negative assurance letter of such counsel shall be required for each subsequent Representation Date.

Appears in 1 contract

Samples: Equity Distribution Agreement (KLX Energy Services Holdings, Inc.)

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Opinion of Agent Counsel. On or prior to the first Placement Notice and on each Representation Date to which a waiver under Section 3(o) does not apply, there shall have been furnished to the Agent the opinion and negative assurance letter of Pxxx Xxxx Xxxxxxxx LLP, counsel for the Agent, dated as of such Representation Date and addressed to Agent, in a form reasonably satisfactory to the Agent, and such counsel shall have received such papers and information as they request to enable them to pass upon such matters; provided however, the opinion of Pxxx Xxxx Xxxxxxxx LLP shall only be required prior to the first Placement Notice, and thereafter, only a negative assurance letter of such counsel shall be required for each subsequent Representation Date.

Appears in 1 contract

Samples: Equity Distribution Agreement (USWS Holdings LLC)

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