Common use of Opinions of Counsel to the Owner Trustee Clause in Contracts

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of Issuer shall have delivered to Administrative Agent and Buyers favorable opinions regarding the formation, existence and standing of Issuer and of Issuer’s execution, authorization and delivery of each of the Transaction Documents to which it is a party and such other matters as Administrative Agent or Buyers may reasonably request, dated the Closing Date and reasonably satisfactory in form and substance to Administrative Agent and Buyers and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer shall have delivered to the Administrative Agent and Buyers Buyer favorable opinions regarding the formation, existence and standing of the Issuer and of the Issuer’s execution, authorization and delivery of each of the Transaction Documents to which it is a party and such other matters as the Administrative Agent or Buyers and Buyer may reasonably request, dated the Closing Date and reasonably satisfactory in form and substance to the Administrative Agent and Buyers Buyer and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer shall have delivered to the Administrative Agent and Buyers Buyer favorable opinions regarding the formation, existence and standing of the Issuer and of the Issuer’s execution, authorization and delivery of each of the Transaction Documents to which it is a party and such other matters as the Administrative Agent or Buyers and Buyer may reasonably request, dated the Closing Date and reasonably satisfactory in form and substance to the Administrative Agent and Buyers Xxxxx and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer and the Depositor shall have delivered to Administrative Agent and Buyers the Purchaser favorable opinions regarding the formation, existence and standing of the Issuer and the Depositor and of the Issuer’s and the Depositor’s execution, authorization and delivery of each of the Transaction Basic Documents to which it is a party and such other matters as Administrative Agent or Buyers the Purchaser may reasonably request, dated as of the Closing Date and reasonably satisfactory in form and substance to Administrative Agent the Purchaser and Buyers and their respective its counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer shall have delivered to the Administrative Agent and Buyers the Buyer favorable opinions regarding the formation, existence and standing of the Issuer and of the Issuer’s execution, authorization and delivery of each of the Transaction Documents to which it is a party and such other matters as the Administrative Agent or Buyers and the Buyer may reasonably request, dated the Closing Date and reasonably satisfactory in form and substance to the Administrative Agent and Buyers the Buyer and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer shall have delivered to Administrative Agent and Buyers the Purchaser favorable opinions regarding the formation, existence and standing of the Issuer and of the Issuer’s execution, authorization and delivery of each of the Transaction Basic Documents to which it is a party and such other matters as Administrative Agent or Buyers the Purchaser may reasonably request, dated as of the Closing Date and reasonably satisfactory in form and substance to Administrative Agent the Purchaser and Buyers and their respective its counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer and Co-Issuer shall have delivered to Administrative Agent and Buyers favorable a reliance letter dated the Closing Date allowing them to rely upon certain of their opinions regarding related to the formation, existence and standing of the Issuer and Co-Issuer and of the Issuer’s and Co-Issuer’s execution, authorization and delivery of each of the Transaction Documents and the Acknowledgment Agreement to which it is a party and such other matters as Administrative Agent or Buyers may reasonably request, dated the Closing Date and reasonably satisfactory in form and substance to Administrative Agent and Buyers and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer shall have delivered to the Administrative Agent and Buyers favorable opinions regarding Buyer a reliance letter, dated as of the date hereof, allowing them to rely upon its opinion letters related to the formation, existence and standing of the Issuer and of the Issuer’s execution, authorization and delivery of each of the Transaction Documents and the Acknowledgment Agreement to which it is a party and such other matters as the Administrative Agent or Buyers may reasonably request, dated the Closing Date request and reasonably satisfactory in form and substance to Administrative Agent and Buyers Buyer and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer shall have delivered to the Administrative Agent and Buyers favorable opinions regarding Buyer a reliance letter dated as of the date hereof allowing them to rely upon its opinion letters related to the formation, existence and standing of the Issuer and of the Issuer’s execution, authorization and delivery of each of the Transaction Documents and the Acknowledgment Agreement to which it is a party and such other matters as the Administrative Agent or Buyers and Buyer may reasonably request, dated the Closing Date and reasonably satisfactory in form and substance to Administrative Agent and Buyers and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer shall have delivered to Administrative Agent and Buyers the Purchaser favorable opinions regarding the formation, existence and standing of the Issuer and of the Issuer’s 's execution, authorization and delivery of each of the Transaction Basic Documents to which it is a party and such other matters as Administrative Agent or Buyers the Purchaser may reasonably request, dated as of the Closing Date and reasonably satisfactory in form and substance to Administrative Agent the Purchaser and Buyers and their respective its counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of Issuer and Co-Issuer shall have delivered to Administrative Agent and Buyers favorable opinions regarding the formation, existence and standing of Issuer and Co-Issuer and of Issuer’s and Co-Issuer’s execution, authorization and delivery of each of the Transaction Documents to which it is a party and such other matters as Administrative Agent or Buyers may reasonably request, dated the Closing Effective Date and reasonably satisfactory in form and substance to Administrative Agent and Buyers and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer and the Depositor shall have delivered to Administrative Agent and Buyers the Purchasers favorable opinions regarding the formation, existence and standing of the Issuer and the Depositor and of the Issuer’s and the Depositor’s execution, authorization and delivery of each of the Transaction Basic Documents to which it is a party and such other matters as Administrative Agent or Buyers the Purchasers may reasonably request, dated as of the Closing Date and reasonably satisfactory in form and substance to Administrative Agent and Buyers the Purchasers and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer and the Depositor shall have delivered to Administrative Agent and Buyers the Purchasers favorable opinions regarding the formation, existence and standing of the Issuer and the Depositor and of the Issuer’s 's and the Depositor's execution, authorization and delivery of each of the Transaction Basic Documents to which it is a party and such other matters as Administrative Agent or Buyers the Purchasers may reasonably request, dated as of the Closing Date and reasonably satisfactory in form and substance to Administrative Agent and Buyers the Purchasers and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer shall have delivered to the Administrative Agent and Buyers favorable opinions regarding Buyer a reliance letter dated the Closing Date allowing them to rely upon it opinion dated December 19, 2016 related to the formation, existence and standing of the Issuer and of the Issuer’s execution, authorization and delivery of each of the Transaction Documents and the Acknowledgment Agreement to which it is a party and such other matters as the Administrative Agent or Buyers may reasonably request, dated the Closing Date and reasonably satisfactory in form and substance to Administrative Agent and Buyers and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of Issuer shall have delivered to Administrative Agent and Buyers favorable opinions regarding a reliance letter dated the Closing Date allowing them to rely upon certain of their opinion letters related to the formation, existence and standing of Issuer and of Issuer’s execution, authorization and delivery of each of the Transaction Documents and the Acknowledgment Agreement to which it is a party and such other matters as Administrative Agent or Buyers may reasonably request, dated the Closing Date and reasonably satisfactory in form and substance to Administrative Agent and Buyers and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of Issuer shall have delivered to Administrative Agent and Buyers favorable opinions regarding the formation, existence and standing of Issuer and of Issuer’s execution, authorization ​ and delivery of each of the Transaction Documents to which it is a party and such other matters as Administrative Agent or Buyers may reasonably request, dated the Closing Date and reasonably satisfactory in form and substance to Administrative Agent and Buyers and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of Issuer the Borrower shall have delivered to the Administrative Agent and Buyers favorable opinions regarding the formation, existence and standing of Issuer the Borrower and of Issuerthe Borrower’s execution, authorization and delivery of each of the Transaction Basic Documents to which it is a party and such other matters as the Administrative Agent or Buyers may reasonably request, dated as of the Closing Date and reasonably satisfactory in form and substance to Administrative Agent and Buyers and their respective counselDate.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer shall have delivered to Administrative Agent and Buyers the Committed Purchasers favorable opinions regarding the formation, existence and standing of the Issuer and of the Issuer’s execution, authorization and delivery of each of the Transaction Documents to which it is a party and such other matters as Administrative Agent or Buyers the Committed Purchasers may reasonably request, dated as of the Closing Date and reasonably satisfactory in form and substance to Administrative Agent and Buyers the Committed Purchasers and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer shall have delivered to Administrative Agent and Buyers favorable opinions regarding the formation, existence and standing of the Issuer and of the Issuer’s execution, authorization and delivery of each of the Transaction Documents to which it is a party and such other matters as Administrative Agent or Buyers may were reasonably requestrequested, dated as of the Closing date of the Effective Date and reasonably satisfactory in form and substance to Administrative Agent and Buyers the Agent, the Purchasers and their respective counsel.

Opinions of Counsel to the Owner Trustee. Delaware counsel to the Owner Trustee of the Issuer shall have delivered to the Administrative Agent and Buyers favorable opinions regarding Buyer a reliance letter dated the Closing Date allowing them to rely upon its opinion letters related to the formation, existence and standing of the Issuer and of the Issuer’s execution, authorization and delivery of each of the Transaction Documents and the Acknowledgment Agreement to which it is a party and such other matters as the Administrative Agent or Buyers may reasonably request, dated the Closing Date and reasonably satisfactory in form and substance to Administrative Agent and Buyers and their respective counsel.