Opinion of Qualified Issuer Bond Counsel Sample Clauses

Opinion of Qualified Issuer Bond Counsel. Bond Counsel shall issue an opinion for the benefit of the Bondholder, which shall also be addressed to the Qualified Issuer, Master Servicer/Trustee, and the Guarantor with respect to each issuance of Bonds, in substantially the same form as that which is attached to the Bond Purchase Agreement. Each opinion issued by Bond Counsel shall state that the Bonds have been duly authorized, executed and issued and constitute valid and legally binding obligations of the Qualified Issuer enforceable in accordance with their terms, that the Qualified Issuer is duly organized and validly existing, that the performance of the obligations of the Qualified Issuer hereunder have been duly authorized and executed by the Qualified Issuer, that the pledge of the Trust Estate is valid, binding, perfected and enforceable in accordance with its terms, and as to such other matters as the Guarantor, the Qualified Issuer, or the Bond Purchaser may reasonably request.
Sample 1
AutoNDA by SimpleDocs
Opinion of Qualified Issuer Bond Counsel. Bond Counsel shall issue an opinion for the benefit of the Bondholder, which shall also be addressed to the Qualified Issuer and the Guarantor with respect to each issuance of Bonds. Each opinion issued by Bond Counsel shall state that the Bonds have been duly authorized, executed and issued and constitute valid and legally binding obligations of the Qualified Issuer enforceable in accordance with their terms, that the Qualified Issuer is duly organized and validly existing, that the performance of the obligations of the Qualified Issuer hereunder have been duly authorized and executed by the Qualified Issuer, that the pledge of the Trust Estate is valid, binding, perfected and enforceable in accordance with its terms, and as to such other matters as the Guarantor, the Qualified Issuer, or the Bond Purchaser may reasonably request.‌
Sample 1

Related to Opinion of Qualified Issuer Bond Counsel

  • Opinion of Counsel The Indenture Trustee shall receive at least seven days prior written notice when requested by the Issuer to take any action pursuant to Section 8.04(b), accompanied by copies of any instruments involved, and the Indenture Trustee shall also require, as a condition to such action, an Opinion of Counsel, in form and substance satisfactory to the Indenture Trustee, stating the legal effect of any such action, outlining the steps required to complete the same, and concluding that all conditions precedent to the taking of such action have been complied with and such action will not materially and adversely impair the security for the Notes or the rights of the Noteholders in contravention of the provisions of this Indenture; provided, however, that such Opinion of Counsel shall not be required to express an opinion as to the fair value of the Trust Estate. Counsel rendering any such opinion may rely, without independent investigation, on the accuracy and validity of any certificate or other instrument delivered to the Indenture Trustee in connection with any such action.

  • Opinion of Counsel for Company At Closing Time, the Representative shall have received the favorable opinion, dated as of Closing Time, of Xxxxxx, Xxxxx & Xxxxxxx LLP, counsel for the Company, in form and substance satisfactory to counsel for the Underwriters, together with signed or reproduced copies of such letter for each of the other Underwriters to the effect set forth in Exhibit A hereto and to such further effect as counsel to the Underwriters may reasonably request.

  • Opinion of Financial Advisor 23 3.19. Brokers.............................................................. 23

  • Replacement of Notes Upon receipt by the Company at the address and to the attention of the designated officer (all as specified in Section 18(iii)) of evidence reasonably satisfactory to it of the ownership of and the loss, theft, destruction or mutilation of any Note (which evidence shall be, in the case of an Institutional Investor, notice from such Institutional Investor of such ownership and such loss, theft, destruction or mutilation), and

  • Second Opinion In any case where the Employer has reason to doubt the validity of the certification as outlined above, the Employer may require, at the Employer's expense, if not covered by insurance, that the eligible employee obtain the opinion of a second health care provider designated or approved by the Employer concerning any information certified by the original certification. The provider of the second opinion shall not be employed on a regular basis by the Employer.

  • Opinions of Counsel Receipt by the Administrative Agent of favorable opinions of legal counsel to the Loan Parties, addressed to the Administrative Agent and each Lender, dated as of the Closing Date, and in form and substance satisfactory to the Administrative Agent.

  • Opinion of Probable Cost Any opinions of probable Project cost or probable construction cost provided by Engineer are made on the basis of information available to Engineer and on the basis of Engineer’s experience and qualifications and represents its judgment as an experienced and qualified professional engineer. However, since Engineer has no control over the cost of labor, materials, equipment or services furnished by others, or over the contractor(s’) methods of determining prices, or over competitive bidding or market conditions, Engineer does not guarantee that proposals, bids or actual Project or construction cost will not vary from opinions of probable cost Engineer prepares.

  • Consent of Securities Regulators to Amendment Except for amendments made under Part 3, the securities regulators with jurisdiction must approve any amendment to this Agreement and will apply mutual reliance principles in reviewing any amendments that are filed with them. Therefore, the consent of the Principal Regulator will evidence the consent of all securities regulators with jurisdiction.

  • Second Opinions The Member may access a second opinion from a Network Provider regarding a medical diagnosis or treatment plan. The Member may request Preauthorization or may visit a KFHPWA-designated Specialist for a second opinion. When requested or indicated, second opinions are provided by Network Providers and are covered with Preauthorization, or when obtained from a KFHPWA-designated Specialist. Coverage is determined by the Member's EOC; therefore, coverage for the second opinion does not imply that the services or treatments recommended will be covered. Preauthorization for a second opinion does not imply that KFHPWA will authorize the Member to return to the physician providing the second opinion for any additional treatment. Services, drugs and devices prescribed or recommended as a result of the consultation are not covered unless included as covered under the EOC.

  • Opinion On or before the Closing Date, the Master Servicer shall cause to be delivered to the Depositor, the Seller, the Trustee and any NIMS Insurer one or more Opinions of Counsel, dated the Closing Date, in form and substance reasonably satisfactory to the Depositor and Xxxxxx Brothers Inc., as to the due authorization, execution and delivery of this Agreement by the Master Servicer and the enforceability thereof.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!