Common use of Opinions as to Trust Assets Clause in Contracts

Opinions as to Trust Assets. (a) On the Closing Date relating to any new Series of Notes, the Issuer will furnish to the Indenture Trustee an Opinion of Counsel either (i) stating that, in the opinion of such counsel, this Indenture has been properly recorded and filed so as to make effective the Lien of this Indenture, and reciting the details of such action or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective

Opinions as to Trust Assets. (a) On the Closing Date relating to any new Series of Notes, the Issuer will furnish to the Indenture Trustee an Opinion of Counsel either (i) stating that, in the opinion of such counsel, this Indenture such action has been properly recorded and filed so as taken to make effective perfect the Lien of this Indenture, including with respect to the execution and filing of any UCC financing statements and continuation statements as are so necessary and reciting the details of such action or (ii) stating that, in the opinion of such counsel, no such action is necessary to make maintain the perfection of such Lien effectiveLien.