Common use of Opinions of Seller's Counsel Clause in Contracts

Opinions of Seller's Counsel. On or prior to the Closing Date, the Depositor shall have received the opinions of counsel to the Seller, in form and substance satisfactory to the Depositor.

Appears in 40 contracts

Samples: Receivables Purchase Agreement (BMW Vehicle Owner Trust 2024-A), Receivables Purchase Agreement (BMW Vehicle Owner Trust 2024-A), Receivables Purchase Agreement (BMW Vehicle Owner Trust 2024-A)

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Opinions of Seller's Counsel. On or prior to the Closing Date, the Depositor shall have received the opinions of counsel to the Seller, in form and substance satisfactory to the Depositor, as to the matters set forth in Exhibit A hereto and such other matters as the Depositor has heretofore requested or may reasonably request.

Appears in 31 contracts

Samples: Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Vehicle Owner Trust 2011-A), Receivables Purchase Agreement (BMW Vehicle Owner Trust 2011-A)

Opinions of Seller's Counsel. On or prior to the Closing Date, the Depositor shall have received the opinions of counsel to the Seller, in form and substance satisfactory to the Depositor, as to the matters as the Depositor has heretofore requested or may reasonably request.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Usaa Acceptance LLC), Receivables Purchase Agreement (USAA Auto Owner Trust 2007-1), Receivables Purchase Agreement (USAA Auto Owner Trust 2008-1)

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Opinions of Seller's Counsel. On or prior to the Closing Date, the Depositor shall have received the opinions of counsel to the Seller, in form and substance satisfactory to the Depositor, as to the matters the Depositor has heretofore requested or may reasonably request.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Bear Stearns Asset Backed Funding Inc), Receivables Purchase Agreement (Bear Stearns Asset Backed Funding Ii Inc)

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