Company Counsel Opinions On the Closing Date and/or the Option Closing Date, the Representative shall have received (i) the favorable opinion of Xxxxxx Xxxxxxx Xxxxxxx & Li LLC, U.S. securities counsel to the Company, dated as of such date, addressed to the Representative, including negative assurances, in form and substance reasonably satisfactory to the Representative; (ii) the favorable opinion of Xxxxx (Cayman) LLP, Cayman Islands counsel to the Company, in form and substance reasonably satisfactory to the Representative; and (iii) the favorable opinion of Dentons Law Offices, LLP (Guangzhou), PRC counsel to the Company, in form and substance reasonably satisfactory to the Representative. The Representative shall rely on the opinions of (i) the Company’s Cayman Islands counsel, Ogier (Cayman) LLP, filed as Exhibit 5.1 to the Registration Statement, as to the due incorporation, validity of the Offered Securities and the Underlying Shares and due authorization, execution and delivery of the Agreement and (ii) the Company’s PRC counsel, Dentons Law Offices, LLP (Guangzhou), filed as Exhibit 99.7 to the Registration Statement.
Legal Opinion The Agent shall have received the opinions of Company Counsel required to be delivered pursuant to Section 7(m) on or before the date on which such delivery of such opinion is required pursuant to Section 7(m).
Company Counsel Matters i. On the Closing Date, the Placement Agent shall have received the favorable opinion of Hxxxxx and Bxxxx, LLP, outside counsel for the Company counsel to the Company, dated the Closing Date and addressed to the Placement Agent, substantially in form and substance reasonably satisfactory to the Placement Agent.