Common use of Opinions re Security Clause in Contracts

Opinions re Security. Except as otherwise expressly provided herein, the Borrower shall cause to be delivered to the Agent the opinions of the solicitors for the Companies regarding their corporate status, the due authorization, execution and delivery of the Security provided by them, all registrations in respect of the Security, the results of all applicable searches in respect of them, and the enforceability of such Security; all such opinions to be in form and substance satisfactory to the Agent and its counsel.

Appears in 2 contracts

Samples: Credit Agreement (Merus Labs International Inc.), Credit Agreement (Merus Labs International Inc.)

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Opinions re Security. Except as otherwise expressly provided herein, the The Borrower shall cause to be delivered to the Agent the opinions of the solicitors for the Companies regarding their corporate status, the due authorization, execution and delivery of the Security provided by them, all registrations in respect of the Security, the results of all applicable searches in respect of them, and the enforceability of such Security; all such opinions to be in form and substance satisfactory to the Agent and its counsel.

Appears in 1 contract

Samples: Credit Agreement (Merus Labs International Inc.)

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Opinions re Security. Except as otherwise expressly provided herein, the The Borrower shall cause to be delivered to the Agent the opinions of the solicitors for the Material Companies regarding their corporate status, the due authorization, execution and delivery of the Security provided by them, all registrations in respect of the Security, the results of all applicable searches in respect of them, them and the enforceability of such Security; Security with all such opinions to be in form and substance satisfactory to the Agent and its counsel.

Appears in 1 contract

Samples: Credit Agreement (Motorcar Parts America Inc)

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