Opinion of Local Counsel for the Selling Shareholder. The Representatives shall have received one or more opinions of the Selling Shareholders’ local counsels, dated such Closing Date, in form and substance satisfactory to the Representatives.
Opinion of Local Counsel for the Selling Shareholder. At the Closing Time and each Date of Delivery, the Representatives shall have received opinions, addressed to the Representatives, dated as of the Closing Time or such Date of Delivery, as the case may be, of Xxxxxxx, Xxxx & Xxxxxxx, British Virgin Islands Counsel for the Selling Shareholder, in form and substance satisfactory to the Underwriters, together with signed or reproduced copies of such letter for each of the other Underwriters, to the effect set forth in Exhibit B-2 hereto, and to such further effect as the Underwriters may reasonably request.
Opinion of Local Counsel for the Selling Shareholder. At the Closing Time and each Date of Delivery, the Representatives shall have received opinions, addressed to the Representatives, dated as of the Closing Time or such Date of Delivery, as the case may be, of Xxxxxxxxx Advokatur / Notariat, Swiss counsel for the Selling Shareholder, in form and substance satisfactory to the Representatives, together with signed or reproduced copies of such letter for each of the other Underwriters, to the effect set forth in Exhibit B-2 hereto, respectively, and to such further effect as the Representatives may reasonably request.
Opinion of Local Counsel for the Selling Shareholder. Xxxxxxx, Xxxx & Xxxxxxx, British Virgin Islands counsel for the Selling Shareholder, shall have furnished to the Representatives, at the request of the Selling Shareholder, their written opinion, dated the Closing Date or the Additional Closing Date, as the case may be, and addressed to the Underwriters, in form and substance reasonably satisfactory to the Representatives, to the effect set forth in Annex A-3 hereto.
