Common use of Opinions of Counsel to Loan Parties Clause in Contracts

Opinions of Counsel to Loan Parties. The Agent and its counsel shall have received executed copies of the favorable written opinions of counsel to the Loan Parties as to such matters as the Agent and the Lenders may request, including with respect to the creation and perfection of the security interests, dated as of the Closing Date, and otherwise in form and substance reasonably satisfactory to the Agent and the Lenders.

Appears in 3 contracts

Samples: Term Loan Agreement (Sorrento Therapeutics, Inc.), Term Loan Agreement (Sorrento Therapeutics, Inc.), Term Loan Agreement (Sorrento Therapeutics, Inc.)

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Opinions of Counsel to Loan Parties. The Agent Lenders and its their respective counsel shall have received executed copies of the favorable written opinions of counsel to the for Loan Parties Parties, and as to such other matters as the Administrative Agent and the Lenders may reasonably request, including with respect to the creation and perfection of the security interests, dated as of the Closing Date, Date and otherwise in form and substance reasonably satisfactory to the Administrative Agent (and the each Loan Party hereby instructs such counsel to deliver such opinions to Agents and Lenders).

Appears in 2 contracts

Samples: Credit Agreement (Liberty Tax, Inc.), Credit Agreement (Liberty Tax, Inc.)

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Opinions of Counsel to Loan Parties. The Agent Agents, Lenders and its their respective counsel shall have received executed copies of the favorable written opinions of counsel to the for Loan Parties Parties, and as to such other matters as the Agent Required Lenders and the Lenders Agents may reasonably request, including with respect to the creation and perfection of the security interests, dated as of the Closing Date, Date and otherwise in form and substance reasonably satisfactory to the Agent Required Lenders (and the each Loan Party hereby instructs such counsel to deliver such opinions to Agents and Lenders).

Appears in 1 contract

Samples: Credit Agreement (Orbital Energy Group, Inc.)

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