Opinions of Foreign Counsel. Administrative Agent shall have received executed copies of one or more favorable written opinions of Xxxxxxx Xxx, Australian counsel to ACI, Stewart, McKelvey, and Osler, Xxxxxx & Harcourt LLP, Canadian counsel to O-I Canada, Houthoff Buruma B.V., Dutch counsel to Administrative Agent, and Deloitte SA, Swiss counsel to OI Europe, in each case dated as of the Closing Date as to such matters as Agents acting on behalf of Lenders may reasonably request.
Opinions of Foreign Counsel. If requested by the Agent, with respect to each Direct Foreign Subsidiary that constitutes a Material Foreign Subsidiary at any time after the date hereof, deliver to the Agent a written opinion of foreign counsel in form and substance satisfactory to the Agent with respect to each Loan Party which is party to any Loan Document.
Opinions of Foreign Counsel. Administrative Agent and Xxxxx Fargo shall have received executed copies of one or more favorable written opinions of Xxxxxxx Xxx, Australian counsel to O-I Australia, Xxxxxxx XxXxxxxx or Xxxxx, Xxxxxx & Harcourt LLP, as applicable, Canadian counsel to O-I Canada, Houthoff London B.V., Dutch counsel to Administrative Agent, Xxxxxx Xxxxxxx Xxxx Xxxxx, New Zealand counsel to Administrative Agent, Xxxxx, Xxxxxx-Xxxxxxx, Xxxx x Xxxxxxxx, S.C., Mexican counsel to O-I Mexico and Deloitte SA, Swiss counsel to OI Europe, in each case dated as of the Closing Date as to such matters as Agents and Xxxxx Fargo acting on behalf of Lenders may reasonably request.
Opinions of Foreign Counsel. Within 90 days following the Initial --------------------------- Borrowing Date, the Collateral Agent shall have received additional opinions, addressed to each Agent, the Collateral Agent and each of the Banks from foreign counsel to Credit Parties and/or the Agents reasonably satisfactory to the Collateral Agent, which opinions (x) shall cover the perfection and enforceability as against third parties of the security interests granted pursuant to the Security Documents and such other matters relating to the transactions contemplated herein as the Collateral Agent may reasonably request and (y) shall be in form and substance reasonably satisfactory to the Collateral Agent.
Opinions of Foreign Counsel. Delivery to Administrative Agent of opinions of foreign counsel in favor of Administrative Agent with respect to the assignments and amendments to Foreign Pledge Agreements (other than with respect to the Foreign Pledge Agreements of Canada and Switzerland) and such other matters governed by the laws of such jurisdiction regarding such security interests and Liens as Administrative Agent may reasonably request, in each case in form and substance reasonably satisfactory to Administrative Agent.
Opinions of Foreign Counsel. Lenders shall have received originally executed copies of one or more favorable written opinions of Xxxxxxx Xxx, Australian counsel to ACI, Stewart, McKelvey, Sterling, Scales and Osler, Xxxxxx & Harcourt LLP, Canadian counsel to O-I Canada, Stibbe, Dutch counsel to Administrative Agent, Carrard Xxxxxxxx Xxxx & Associes, Swiss counsel to Administrative Agent, and Xxxxxx & Xxxxxxx LLP, special counsel to O-I UK, dated as of June 14, 2006 as to such matters as Agents acting on behalf of Lenders may reasonably request.
Opinions of Foreign Counsel. Within 90 days following the Initial Borrowing Date, the Collateral Agent shall have received additional opinions, addressed to each Agent, the Collateral Agent and each of the Lenders from foreign counsel to Credit Parties and/or the Agents reasonably satisfactory to the Collateral Agent, which opinions (x) shall cover the perfection and enforceability as against third parties of the security interests granted pursuant to the Foreign Pledge Agreements and such other matters relating to the transactions contemplated herein as the Collateral Agent may reasonably request and (y) shall be in form and substance reasonably satisfactory to the Collateral Agent.
Opinions of Foreign Counsel for Maxtop Profits Limited and Pulse Electronics Korea YH, subject to the limitations set forth in the first sentence of the last paragraph of the definition of “Collateral and Guarantee Requirement” in Section 1.01 of the Credit Agreement.
Opinions of Foreign Counsel. In the event that any Stock of a Foreign Subsidiary of Arch is pledged as collateral pursuant to the Collateral Documents or any Material Foreign Subsidiary becomes a Subsidiary Guarantor on the Merger Effective Date, the Administrative Agent shall have received opinions of foreign counsel to Arch and its Subsidiaries reasonably acceptable to the Administrative Agent, addressed to the Administrative Agent and the other Credit Parties, dated the Merger Effective Date and in form and substance satisfactory to the Administrative Agent.
Opinions of Foreign Counsel. 125 ARTICLE X Negative Covenants 10.01 Consolidated Funded Indebtedness to Consolidated Total Capitalization.......................................126 10.02 Consolidated EBIT to Consolidated Interest Expense............126 iii 5
