Opinion of Borrower’s and Guarantor’s Counsel. An opinion of counsel for Borrower and each Guarantor, in form and substance satisfactory to Agent.
Opinion of Borrower’s and Guarantor’s Counsel. Lender shall have received from duly licensed (in the state of Florida) outside counsel for Borrower and Guarantor acceptable to Lender such legal opinions, in form and substance satisfactory to Lender, covering such items as may be required by Lender, in its sole discretion, including, without limitation, that (i) the documents executed in connection with this First Amendment are valid, binding, and legally enforceable in accordance with their terms; (ii) Borrower and Guarantor are each duly formed, validly existing, and in good standing under the laws of the state of their organization and, where applicable, qualified to conduct business as a foreign entity in the states where they do business; and (iii) Borrower and Guarantor are each authorized to execute, deliver, and perform the documents executed in connection with this First Amendment.
Opinion of Borrower’s and Guarantor’s Counsel. Lender shall have received the favorable opinion of counsel to Borrower and the Guarantors, or such other evidence as Lender may reasonably require (i) that Borrower has been duly formed in accordance with Maryland law and is validly existing and in good standing under such laws, (ii) that the Loan Documents executed by Borrower have been duly executed and delivered and constitute the valid, legal and binding obligation of Borrower, enforceable in accordance with their terms, subject only to bankruptcy laws and matters of equitable jurisdiction, (iii) that the Guaranty, the Pledge Agreement and any other Loan Documents executed by the Guarantors have been duly executed and delivered and constitute the valid, legal and binding obligation of the Guarantors, enforceable in accordance with their terms, subject only to bankruptcy laws and matters of equitable jurisdiction, (iv) that the Guarantors are all of the members of Borrower, (v) that Lender has a valid, enforceable and perfected security interest in the Collateral, (vi) that, to the best of such counsel's knowledge, the execution, delivery and performance by the Borrower and the Guarantors of the Loan Documents to which each is a party do not conflict with, violate or breach any provision of the organizational documents of Borrower or any agreement or indenture by which either the Borrower or any of the Guarantors may be bound, or any judgments or awards specifically naming the Borrower or any of the Guarantors or specifically applicable to their respective property, (vii) that, to the best of such counsel's knowledge, there is no action, suit or proceeding, pending or threatened against the Borrower or any of the Guarantors, which, if adversely determined, would impair the validity or enforceability of the Loan Documents, and (viii) that except for the filing of the Financing Statements with the applicable filing offices, (and except as may be required in connection with any Blue Sky or other securities laws, codes, rules or regulations applicable to the issuance of the Collateral to the Guarantors by Lender) no approval, consent, order or authorization of or filing with any governmental authorities is required in connection with the valid execution and delivery of the Loan Documents by Borrower or the Guarantors.
Opinion of Borrower’s and Guarantor’s Counsel. The Lender shall --------------------------------------------- have received from Borrower's and Guarantor's counsel, a favorable closing opinion addressed to the Lender, satisfactory in form and substance to the Lender and its counsel.
Opinion of Borrower’s and Guarantor’s Counsel. Coast shall have received an opinion of Borrower's and Guarantor's counsel, in form and substance satisfactory to Coast in its sole and absolute discretion.
Opinion of Borrower’s and Guarantor’s Counsel. The favorable written opinion to the Bank of Xxxxxxx Xxxxxxxx Xxxxxx LLP, counsel to the Borrower and the Guarantors, regarding the Borrower, the Guarantors, the Credit Documents and the transactions contemplated by this Agreement and the other Credit Documents;
Opinion of Borrower’s and Guarantor’s Counsel. Lender shall have received from duly licensed outside counsel for Borrower and each Guarantor acceptable to Lender such legal opinions, in form and substance satisfactory to Lender, covering such items as may be required by Lender, in its sole discretion, including, without limitation, that the Loan Documents are valid, binding, and legally enforceable in accordance with their terms and that they do not violate any applicable usury or other Applicable Laws.
Opinion of Borrower’s and Guarantor’s Counsel. The favorable written opinion to the Agent and each Bank of Xxxxxxx & Xxxx, X.X., counsel to the Borrowers and Guarantors, if any, regarding the Borrowers, the Guarantors, if any, the Credit Documents and the transactions contemplated by this Agreement and the other Credit Documents;
Opinion of Borrower’s and Guarantor’s Counsel. The Letter of Opinion of Borrower’s and Guarantor’s counsel shall be acceptable to Administrative Agent and Administrative Agent’s counsel.
Opinion of Borrower’s and Guarantor’s Counsel. Coast shall have received an opinion of Borrower's and Guarantor's counsel, in form and substance satisfactory to Coast in its sole and absolute discretion. Coast Business Credit Term Loan and Security Agreement _____________________________________________________________________________
