Opinions of Counsel and Other Documents. (a) Any Liquidity Facility delivered to the Trustee after the Initial Liquidity Facility must be accompanied by (1) a Favorable Opinion of Bond Counsel as to the delivery of the Liquidity Facility; (2) an opinion of counsel stating that delivery of the Liquidity Facility is authorized under the Indenture and complies with its terms; and (3) an opinion of counsel to the provider of the Liquidity Facility stating that the Liquidity Facility is a legal, valid, binding and enforceable obligation of such obligor in accordance with its terms.
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Samples: Series Indenture, Series Indenture, Series Indenture
Opinions of Counsel and Other Documents. (a) Any Liquidity Facility delivered to the Trustee after the Initial Liquidity Facility must be accompanied by by: (1) a Favorable Opinion an unqualified opinion of Bond Counsel as to the effect that delivery of such Liquidity Facility is permitted under the Liquidity FacilityAct and the Indenture; (2) an opinion of counsel stating that delivery of the Liquidity Facility is authorized under the Indenture and complies with its terms; and (3) an opinion of counsel to the provider of the such Liquidity Facility stating that the such Liquidity Facility is a legal, valid, binding and enforceable obligation of such obligor in accordance with its terms.
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Opinions of Counsel and Other Documents. (a) Any Liquidity Facility delivered to the Trustee after the Initial Liquidity Facility must be accompanied by (1) a Favorable Opinion an unqualified opinion of Bond Counsel as to the effect that delivery of such Liquidity Facility is permitted under the Liquidity FacilityAct and the Indenture; (2) an opinion of counsel stating that delivery of the Liquidity Facility is authorized under the Indenture and complies with its terms; and (3) an opinion of counsel to the provider of the such Liquidity Facility stating that the such Liquidity Facility is a legal, valid, binding and enforceable obligation of such obligor in accordance with its terms.
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Samples: Housing and Finance Authority