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. (ii) Before executing any amendment to this Agreement or any other Transaction Document to which the Issuer is a party, the holder of the Residual Interest will deliver to the Owner Trustee an Opinion of Counsel stating that the amendment is permitted by the Transaction Documents and that all conditions in the Transaction Documents for the execution and delivery of the amendment by the Issuer or the Owner Trustee have been satisfied.

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. (ii) Before executing any amendment to this Agreement or any other Transaction Document to which the Issuer is a party, the holder of the Residual Interest will deliver to the Owner each Co-Trustee an Opinion of Counsel stating that the amendment is permitted by the Transaction Documents and that all conditions in the Transaction Documents for the execution and delivery of the amendment by the Issuer or the Owner Trustee Co-Trustees have been satisfied.

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. (ii) Before executing any amendment to this Agreement or any other Transaction Document to which the Issuer is a party, the holder of Depositor or the Residual Interest Administrator will deliver to the Owner Trustee Trustee, an Opinion of Counsel stating that the amendment is permitted by the Transaction Documents and that all conditions in the Transaction Documents for the execution and delivery of the amendment by the Issuer or the Owner Trustee have been satisfied.

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. (ii) Before executing any amendment to this Agreement or any other Transaction Document to which the Issuer is a party, 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 amendment is permitted by the Transaction Documents and that all conditions in the Transaction Documents for the execution and delivery of the amendment by the Issuer or the Owner Trustee have been satisfied.

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. (ii) Before executing any amendment to this Agreement or any other Transaction Document to which the Issuer is a party, the holder of the Residual Interest will deliver to the Owner Trustee Trustee, an Opinion of Counsel stating that the amendment is permitted by the Transaction Documents and that all conditions in the Transaction Documents for the execution and delivery of the amendment by the Issuer or the Owner Trustee have been satisfied.

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. (ii) Before executing any amendment to this Agreement or any other Transaction Document or other Series Related Document to which the Issuer Trust is a party, the holder of Depositor or the Residual Interest Administrator will deliver to the Owner Trustee Trustee, an Opinion of Counsel stating that the amendment is permitted by the Transaction Documents and the other applicable Series Related Documents and that all conditions in the Transaction Documents for precedent to the execution and delivery of the amendment by the Issuer Trust or the Owner Trustee have been satisfied.

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. (ii) Before executing any amendment to this Agreement or any other Transaction Document to which the Issuer is a party, the holder of the Residual Interest will deliver to the Owner Trustee each Co-Trustee, an Opinion of Counsel stating that the amendment is permitted by the Transaction Documents and that all conditions in the Transaction Documents for the execution and delivery of the amendment by the Issuer or the Owner Trustee Co-Trustees have been satisfied.

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. (ii) Before executing any amendment to this Agreement or any other Transaction Document to which the Issuer is a party, 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 amendment is permitted by the Transaction Documents and that all conditions in the Transaction Documents for the execution and delivery of the amendment by the Issuer or the Owner Trustee have been satisfied.