Subsequent Legal Opinions. If, at the time of the making of any Loan or the issuance of any Letter of Credit subsequent to the Effective Date, the Administrative Agent or the Required Banks shall have reasonably determined that any facts, circumstances or conditions exist which could reasonably be expected to adversely affect either (x) the ability of counsel to issue at such time the legal opinions originally delivered pursuant to Section 4.03 or (y) the perfection of any of the security interests created pursuant to any Security Document, and the Administrative Agent or the Required Banks shall have requested the Borrower to deliver one or more opinions of counsel covering such of the matters set forth in the opinions of counsel theretofore delivered pursuant to Section 4.03 as the Administrative Agent or the Required Banks shall specify, then prior to the incurrence of such Loan or the issuance of such Letter of Credit the Administrative Agent shall have received from counsel (who shall be reasonably satisfactory to the Administrative Agent) an opinion in form and substance reasonably satisfactory to the Administrative Agent, addressed to the Administrative Agent and each of the Banks and dated the date of such Loan or Letter of Credit, covering the matters so specified. The acceptance of the proceeds of each Loan and the issuance of each Letter of Credit shall constitute a representation and warranty by the REIT and the Borrower to the Administrative Agent, each of the Banks and the Issuing Bank that all the conditions specified in this Section 5 and applicable to such Loan exist as of that time (except to the extent that any of the conditions specified in this Section 5 are required to be satisfactory to or determined by any Bank, the Required Banks, the Collateral Agent and/or the Administrative Agent or otherwise expressly calls for a subjective determination to be made by any Bank, the Required Banks, the Collateral Agent and/or the Administrative Agent). All of the certificates and other documents and papers referred to in this Section 5, unless otherwise specified, shall be delivered to the Administrative Agent at the Notice Office for the benefit of each of the Banks.
Subsequent Legal Opinions. If BlaO requests, BlaO has received in form and substance acceptable to BlaO a legal opinion or opinions from counsel acceptable to BlaO covering such matters as BlaO may reasonably require.
Subsequent Legal Opinions. If IDB Invest requests, IDB Invest has received in form and substance acceptable to IDB Invest a legal opinion or opinions from counsel acceptable to IDB Invest covering such matters as IDB Invest may reasonably require.
Subsequent Legal Opinions. If, at the time of any Credit Event subsequent to the Initial Borrowing Date, the Agent or the Required Banks shall have (i) reasonably determined that any facts, circumstances or conditions exist which could materially and adversely affect the perfection or priority of the security interests created (or to be created) pursuant to the Security Documents, and (ii) requested same, the Agent shall have received from counsel (who shall be satisfactory to the Agent and the Required Banks) for any Credit Party, an opinion in form and substance satisfactory to the Required Banks, addressed to the Banks, and dated the date of such Credit Event, covering the perfection and priority of such security interests.
Subsequent Legal Opinions. To the extent reasonably requested by any Senior Lender, the Senior Lenders have received, in form and substance satisfactory to such Senior Lender, a legal opinion or opinions with respect to matters arising after the date of the prior Disbursement and relating to such Disbursement that have not been covered or addressed in an earlier opinion.
Subsequent Legal Opinions. If, at the time of any Borrowing for either Borrower, any Bank shall have requested same, the Administrative Agent shall have received from Xxxxx Xxxxxxxxxx LLP, special New York counsel to the Borrowers and the Guarantor, and/or Macfarlanes, special English counsel to OFL, or such other counsel as shall be reasonably satisfactory to the Required Banks, an opinion in form and substance satisfactory to the Banks, addressed to the Banks, and dated the date of such Borrowing, covering, specifically, such of the matters set forth in the opinions of counsel required to be delivered pursuant to Section 6.01(b) above with respect to such Borrowing of such Borrower as the requesting Bank shall specify.
Subsequent Legal Opinions. 31 5.06 Corporate Proceedings .............................................. 31 5.07 Cancellation of Existing Revolving Credit Agreement ................ 31 5.08 Notice of Borrowing; Letter of Credit Request ...................... 31 Section 6. Representations, Warranties, and Agreements ........................ 32
Subsequent Legal Opinions. If, at the time of the making of any ------------------------- Loans or the issuance of any Letters of Credit subsequent to the Effective Date, any Bank shall have reasonably requested same, the Agent shall have received from the counsel of the Company referred to in Section 5.04 or other counsel selected by the Company (who shall be reasonably satisfactory to the Agent) an opinion in form and substance satisfactory to the Agent, addressed to the Agent and each of the Banks and dated the date of such Credit Event, and covering such of the matters set forth in Exhibit D hereto as the requesting Bank shall specify.
Subsequent Legal Opinions. If, at the time of the making of any Loan, the Required Banks shall have reasonably requested same, the Agent shall have received from the counsel of the Company referred to in Section 5.01(d) or such other counsel for the Company (who shall be reasonably satisfactory to the Agent) an opinion in form and substance satisfactory to the Agent, addressed to the Banks and dated the date of such Loan, and covering such of the matters as the Required Banks may reasonably request.
Subsequent Legal Opinions. 51 Section 7. Representations, Warranties and Agreements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 7.
