ArcelorMittal Debt Securities Underwriting Agreement Standard ProvisionsUnderwriting Agreement • February 28th, 2012 • ArcelorMittal • Steel works, blast furnaces & rolling mills (coke ovens) • New York
Insofar as the foregoing opinions relate to the validity, binding effect or enforceability of any agreement or obligation of the Company, (a) such counsel may assume that the Company and each other party to such agreement or obligation has satisfied those legal requirements that are applicable to it to the extent necessary to make such agreement or obligation enforceable against it (except that no such assumption may be made as to the Company regarding matters of the federal law of the United States of America or the law of the State of New York that in such counsel’s experience normally would be applicable to general business entities with respect to such agreement or obligation), (b) such opinions may be subject to applicable bankruptcy, insolvency and similar laws affecting creditors’ rights generally and to general principles of equity and (c) such opinions may be subject to the effect of judicial application of foreign laws or foreign governmental actions affecting creditors’ righ
