Common use of Opinions of Counsel Clause in Contracts

Opinions of Counsel. (i) Before executing any amendment to this Agreement or certificate of amendment to the Certificate of Trust, the holder of the Residual Interest will deliver to the Owner Trustee an Opinion of Counsel stating that the execution of the amendment or certificate of amendment is authorized or permitted by this Agreement.

Appears in 48 contracts

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2024-C), Trust Agreement (Ford Credit Auto Owner Trust 2024-C), Trust Agreement (Ford Credit Auto Receivables Two LLC)

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Opinions of Counsel. (i) Before executing any amendment to this Agreement or certificate of amendment to the Certificate of Trust, the holder of the Residual Interest will deliver to the Owner each Co-Trustee an Opinion of Counsel stating that the execution of the amendment or certificate of amendment is authorized or permitted by this Agreement.

Appears in 32 contracts

Samples: Trust Agreement (Ford Credit Auto Lease Trust 2024-B), Trust Agreement (Ford Credit Auto Lease Trust 2024-B), Trust Agreement (Ford Credit Auto Lease Trust 2024-A)

Opinions of Counsel. (i) Before executing any amendment to this Agreement or certificate of amendment to the Certificate of Trust, the holder of Depositor or the Residual Interest Administrator will deliver to the Owner Trustee Trustee, an Opinion of Counsel stating that the execution of the amendment or certificate of amendment is authorized or permitted by this Agreement.

Appears in 20 contracts

Samples: Trust Agreement (Verizon Master Trust), Trust Agreement (Verizon Master Trust), Trust Agreement (Verizon Master Trust)

Opinions of Counsel. (i) Before executing any amendment to this Agreement or certificate of amendment to the Certificate of Trust, the Owner Trustee may request, and the holder of the Residual Interest will deliver to the Owner Trustee deliver, an Opinion of Counsel stating that the execution of the amendment or certificate of amendment is authorized or permitted by this Agreement.

Appears in 5 contracts

Samples: Trust Agreement (CAB East LLC), Trust Agreement (Ford Credit Auto Receivables Two LLC), Trust Agreement (Ford Credit Auto Receivables Two LLC)

Opinions of Counsel. (i) Before executing any amendment to this Agreement or certificate of amendment to the Certificate of Trust, the holder of the Residual Interest will deliver to the Owner Trustee Trustee, an Opinion of Counsel stating that the execution of the amendment or certificate of amendment is authorized or permitted by this Agreement.

Appears in 5 contracts

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2016-B), Trust Agreement (Ford Credit Auto Owner Trust 2016-B), Trust Agreement (CAB East LLC)

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Opinions of Counsel. (i) Before executing any amendment to this Agreement or certificate of amendment to the Certificate of Trust, the holder of the Residual Interest will deliver to the Owner Trustee each Co-Trustee, an Opinion of Counsel stating that the execution of the amendment or certificate of amendment is authorized or permitted by this Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Ford Credit Auto Lease Two LLC), Trust Agreement (Ford Credit Auto Lease Two LLC)

Opinions of Counsel. (i) Before executing any amendment to this Agreement or certificate of amendment to the Certificate of Trust, the Owner Trustee will be entitled to receive an Opinion of Counsel delivered by the holder of the Residual Interest will deliver to the Owner Trustee an Opinion of Counsel stating that the execution of the amendment or certificate of amendment is authorized or permitted by this Agreement.

Appears in 1 contract

Samples: Trust Agreement (Ford Credit Auto Receivables Two LLC)

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