Common use of Opinion of Counsel to the Agents Clause in Contracts

Opinion of Counsel to the Agents. The Agents shall have received, no later than the second business day following each Representation Date, an opinion of Xxxxx Day, outside counsel for the Agents, dated such date and addressed to the Agents, in form and substance reasonably satisfactory to the Agents; provided, however, that the obligation of Xxxxx Day under this Section 4(g) shall be deferred during any Suspension Period and shall recommence upon the termination of such Suspension Period.

Appears in 2 contracts

Samples: Equity Distribution Agreement (CareTrust REIT, Inc.), Equity Distribution Agreement (CareTrust REIT, Inc.)

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Opinion of Counsel to the Agents. The Agents shall have received, no later than the second business day following each Representation Date, an opinion of Xxxxx Day, outside counsel for the Agents, dated such date and addressed to the Agents, in form and substance reasonably satisfactory to the Agents; provided, however, that the obligation of Xxxxx Day under this Section 4(g) shall be deferred during any Suspension Period and shall recommence upon the termination of such Suspension Period.

Appears in 1 contract

Samples: Equity Distribution Agreement (CareTrust REIT, Inc.)

Opinion of Counsel to the Agents. The Agents shall have received, no later than the second business day following on each Representation Date, an opinion of Xxxxx Day, outside counsel for the Agents, dated such date and addressed to the Agents, in form and substance reasonably satisfactory to the Agents; provided, however, that the obligation of Xxxxx Day under this Section 4(g) shall be deferred during any Suspension Period and shall recommence upon the termination of such Suspension Period.

Appears in 1 contract

Samples: Distribution Agreement (CareTrust REIT, Inc.)

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Opinion of Counsel to the Agents. The Agents shall have received, no later than the second third business day following each Representation Date, an opinion and negative assurance letter of Xxxxx Jxxxx Day, outside counsel for the Agents, dated such date and addressed to the Agents, in form and substance reasonably satisfactory to the Agents; provided, however, that the obligation of Xxxxx Jxxxx Day under this Section 4(g) shall be deferred during any Suspension Period and shall recommence upon the termination of such Suspension Period.

Appears in 1 contract

Samples: Equity Distribution Agreement (Alexander & Baldwin, Inc.)

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