Common use of Recording and Opinions Clause in Contracts

Recording and Opinions. (a) The Company shall furnish to the Trustee promptly following the execution and delivery of this Supplemental Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Pledge Agreement, and reciting with respect to the security interests in the Pledged Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 2 contracts

Samples: Supplemental Indenture (Owens Illinois Inc /De/), Supplemental Indenture (Owens Illinois Inc /De/)

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Recording and Opinions. (a) The Company shall furnish to the Trustee promptly following simultaneously with the execution and delivery of this Supplemental Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Pledge Escrow Agreement, and reciting with respect to the security interests in the Pledged Escrow Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 2 contracts

Samples: Indenture (Versatel Telecom International N V), Versatel Telecom Bv

Recording and Opinions. (a) The Company shall furnish to the Trustee promptly following simultaneously with the execution and delivery of this Supplemental Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Security and Pledge Agreement, and reciting with respect to the security interests in the Pledged Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 2 contracts

Samples: Indenture (Finlay Enterprises Inc /De), Security and Pledge Agreement (Finlay Enterprises Inc /De)

Recording and Opinions. (a) The Company shall furnish to the Trustee promptly following simultaneously with the execution and delivery of this Supplemental Indenture any of the Collateral Documents an Opinion opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Pledge Agreementsuch Collateral Document, and reciting with respect to the security interests in the Pledged Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 2 contracts

Samples: Escrow Agreement (Echostar DBS Corp), Echostar DBS Corp

Recording and Opinions. (a) The Company shall furnish to the Trustee promptly following and the Collateral Agent simultaneously with the execution and delivery of this Supplemental Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Pledge Security Agreement, and reciting with respect to the security interests in the Pledged Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 2 contracts

Samples: Indenture (Avatex Corp), Indenture (Avatex Funding Inc)

Recording and Opinions. (a) The Company shall furnish to the Trustee promptly following simultaneously with the execution and delivery of this Supplemental Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Pledge and Escrow Agreement, and reciting with respect to the security interests in the Pledged Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 2 contracts

Samples: Escrow and Disbursement Agreement (Premier Parks Inc), Escrow and Disbursement Agreement (Premier Parks Inc)

Recording and Opinions. (a) The Company shall furnish to the Trustee promptly following after the execution and delivery of this Supplemental Indenture (but in no event later than five Business Days after the Issue Date) an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Pledge Agreement, Escrow Agreement and reciting with respect to the security interests in the Pledged Collateral, Collateral the details of such action, or (ii) stating that, that in the opinion of such counsel, counsel no such action is necessary to make such Lien effective.

Appears in 2 contracts

Samples: Indenture (Golden Sky Systems Inc), RCN Corp /De/

Recording and Opinions. (a) The Company shall furnish to the Trustee promptly following simultaneously with the execution and delivery of this Supplemental Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Pledge Agreement, Agreement and reciting with respect to the security interests in the Pledged Collateral, Collateral the details of such action, or (ii) stating that, that in the opinion of such counsel, counsel no such action is necessary to make such Lien effective.

Appears in 2 contracts

Samples: Louisiana Ship Inc, Highwaymaster Corp

Recording and Opinions. (a) The Company shall furnish to the Trustee promptly following simultaneously with the execution and delivery of this Supplemental Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Proceeds Pledge and Escrow Agreement, and reciting with respect to the security interests in the Pledged Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 2 contracts

Samples: Indenture (Iat Multimedia Inc), Indenture (Interamericas Communications Corp)

Recording and Opinions. (a) The Company shall furnish to the Escrow Agent and the Trustee promptly following simultaneously with the execution and delivery of this Supplemental Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Pledge Escrow Agreement, and reciting with respect to the security interests in the Pledged Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 1 contract

Samples: Disbursement Agreement (Park N View Inc)

Recording and Opinions. (a) The Company shall furnish to the Trustee promptly following simultaneously with the execution and delivery of this Supplemental Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by this Indenture and the Pledge AgreementCollateral Documents, and reciting with respect to the security interests in the Pledged Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 1 contract

Samples: Indenture (Sf Holdings Group Inc)

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Recording and Opinions. (a) The Company shall furnish to the Trustee promptly following simultaneously with the execution and delivery of this Supplemental Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of this Indenture, the IndentureMortgages, financing statements or other instruments necessary to make effective the Lien intended to be created by the Pledge AgreementSecurity Agreements, and reciting with respect to the security interests in the Pledged Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 1 contract

Samples: Royster-Clark Nitrogen Realty LLC

Recording and Opinions. (a) The Company shall furnish to the Trustee promptly following simultaneously with the execution and delivery of this Supplemental Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Proceeds Pledge and Escrow Agreement, and reciting with respect 83 to the security interests in the Pledged Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 1 contract

Samples: Indenture (Iat Multimedia Inc)

Recording and Opinions. (a) The Company shall furnish to the Indenture Trustee promptly following simultaneously with the execution and delivery of this Supplemental Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the this Indenture, financing statements or other instruments necessary to make effective and perfect the Lien intended to be created by the Pledge AgreementSecurity Documents, and reciting with respect to the security interests in the Pledged Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 1 contract

Samples: Indenture (Transtel S A)

Recording and Opinions. (a) The Company shall furnish to the Trustee and the Existing Notes Trustee promptly following after the execution and delivery of this Supplemental Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Pledge Agreement, Escrow Agreement and reciting with respect to the security interests in the Pledged Collateral, Collateral the details of such action, or (ii) stating that, that in the opinion of such counsel, counsel no such action is necessary to make such Lien effective.

Appears in 1 contract

Samples: Optel Inc

Recording and Opinions. (a) The Company shall furnish to the Trustee promptly following after the execution and delivery of this Supplemental Indenture or any Collateral Documents executed and delivered after the date of this Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of this Indenture, the IndentureCollateral Documents, financing statements or other instruments necessary to make effective the Lien Liens intended to be created by the Pledge AgreementCollateral Documents, and reciting with respect to the security interests in the Pledged Collateral, the details of such action, action or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien Liens effective.

Appears in 1 contract

Samples: Mentus Media Corp

Recording and Opinions. (a) The Company shall furnish to the Trustee promptly following simultaneously with the execution and delivery of this Supplemental Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of the this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Pledge and Escrow Agreement, and reciting with respect to the security interests in the Pledged Collateral, the details of such action, action or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 1 contract

Samples: Indenture (Omni Med B Inc)

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