Security Opinions Sample Clauses

Security Opinions. From time to time during the term hereof, Borrower will deliver such opinions regarding the Collateral, from counsel and in form and content reasonably satisfactory to the Bank, as the Bank may reasonably request, including without limitation opinions confirming that the nature and extent of Borrower's title to the Collateral covered by the Collateral Documents as provided in Section 5.01 (expressly including the Borrower's working and net revenue interests therein) conform to the assumptions used by the Bank in evaluating the Collateral and that, pursuant to the Collateral Documents, first enforceable liens thereon have been duly created and perfected in favor of the Bank.
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Security Opinions. (a) Each of the Nevada Guarantor's execution of the authorization letter to the Secured Party, dated ___, 2001, and its becoming bound as a debtor by the provisions of the Security Agreement, is sufficient to constitute authorization by the Nevada Guarantor of the filing of the Financing Statement for purposes of Section 104.9509 of the UCC.
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Security Opinions. Not more than one hundred twenty (120) days after the Closing Date, the Borrowers shall furnish to the Bank an opinion or opinions (the "Security opinion") from Borrowers' counsel, in form of Exhibit F hereto, confirming that the nature and extent of the Borrowers' title to the portion of the Mortgaged Properties identified in Schedule 6.3 hereto (with such opinions expressly to include the Borrowers, working and net revenue interests therein) conform to the assumptions used by the Bank in determining the Production Borrowing Base and confirming that the Collateral Documents have duly created and perfected a first enforceable lien thereon in favor of the Bank. In addition, from time to time during the term hereof, the Borrowers will deliver such additional opinions regarding the Mortgaged Properties, from Borrowers' counsel and in form and content reasonably satisfactory to the Bank, as the Bank may reasonably request with respect to (i) actual or potential material defects in the Borrowers' title to a particular Mortgaged Property or, (ii) additional producing oil and gas properties included in the Production Borrowing Base.
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Related to Security Opinions

  • Title Opinions The Agents shall have received the opinions to be delivered pursuant to Section 3(s) on or before the date on which such delivery of such opinions is required pursuant to Section 3(s).

  • Security Interest Opinion Xxxxxx Xxxxxx Xxxxxxxx LLP (or such other counsel satisfactory to the Representatives in their reasonable judgment) will have furnished their written opinion, dated the Closing Date, to the Representatives, the Indenture Trustee and Ford Credit, with respect to the security interest of the Trust in the Receivables and such opinion will be in substantially the form previously discussed with the Representatives and their counsel and satisfactory in form and substance to the Representatives and to their counsel in their reasonable judgment.

  • Recording and Opinions 54 Section 10.03.

  • Legal Opinions The Administrative Agent shall have received the following executed legal opinions:

  • Legal Opinions of Counsel The Administrative Agent shall have received an opinion or opinions (including, if requested by the Administrative Agent, local counsel opinions) of counsel for the Loan Parties, dated the Closing Date and addressed to the Administrative Agent and the Lenders, in form and substance acceptable to the Administrative Agent.

  • Opinions Counterparty shall deliver to Dealer an opinion of counsel, dated as of the Premium Payment Date, with respect to the matters set forth in Sections 8(a) through (c) of this Confirmation; provided that any such opinion of counsel may contain customary exceptions and qualifications. Delivery of such opinion to Dealer shall be a condition precedent for the purpose of Section 2(a)(iii) of the Agreement with respect to each obligation of Dealer under Section 2(a)(i) of the Agreement.

  • Request for Opinions (a) The Depositor hereby requests and authorizes XxXxx Xxxxxx LLP, as its counsel in this transaction, to issue on behalf of the Depositor such legal opinions to the Trustee, the Securities Administrator and each Rating Agency as may be (i) required by any and all documents, certificates or agreements executed in connection with the Trust, or (ii) requested by the Trustee, the Securities Administrator, any such Rating Agency or their respective counsels.

  • Certificates and Opinions (a) Unless otherwise provided in a particular Schedule to this Agreement, each certificate and each opinion furnished pursuant to any provision of this Agreement shall specify the Section or Sections under which such certificate or opinion is furnished, shall include a statement that the Person making such certificate or giving such opinion has read the provisions of this Agreement relevant thereto and shall include a statement that, in the opinion of such Person, such Person has made such examination and investigation as is necessary to enable such Person to express an informed opinion on the matters set out in the certificate or opinion.

  • Company Counsel Opinions On the Closing Date and/or the Option Closing Date, the Representative shall have received

  • Solvency Opinion The Administrative Agent shall have received, with a counterpart for each Lender, a solvency opinion reasonably satisfactory to the Agents from an independent valuation firm reasonably satisfactory to the Agents which shall document the solvency of Holdings and its Subsidiaries (including the Borrower) individually and taken together as a single entity, after giving effect to the Asset Contribution, the making of the Loans, the issuance of the Subordinated Debt and the other transactions contemplated hereby and by the Transaction Documents.

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