capacity opinion definition

capacity opinion means a participant-specific opinion that contains an assessment of a participant's legal capacity to enter into and carry out its obligations under these Conditions,
capacity opinion means a participant-specific opinion that contains an assessment of a par- ticipant’s legal capacity to enter into and carry out its obligations under these Rules,
capacity opinion means a participant-specific opinion that contains an assessment of a participant’s legal capacity to enter into and carry out its obligations;

More Definitions of capacity opinion

capacity opinion means a participant-specific opinion that contains an assessment of a participant’s legal capacity to enter into and carry out its obligations under these DNB Payment Hub Conditions;
capacity opinion means a participant-specific opinion that contains an assessment of a
capacity opinion means a participant-specific opinion that contains an assessment of a participant’s legal capacity to enter into and carry out its obligations under these CB-NL Conditions;

Related to capacity opinion

  • Second opinion means an opportunity or requirement to obtain a clinical evaluation by a provider other than the one originally making a recommendation for a proposed health service to assess the clinical necessity and appropriateness of the initial proposed health service.

  • Favorable Opinion of Bond Counsel means, with respect to any action the taking of which requires such an opinion, an unqualified opinion of Bond Counsel to the effect that such action will not adversely affect the exclusion of interest on the Bonds from gross income for federal income tax purposes (subject to the inclusion of any exceptions contained in the opinion delivered upon the original issuance of the Bonds).

  • REMIC Opinion An Independent Opinion of Counsel, to the effect that the proposed action described therein would not, under the REMIC Provisions, (i) cause any REMIC created hereunder to fail to qualify as a REMIC while any regular interest in such REMIC is outstanding, (ii) result in a tax on prohibited transactions with respect to any REMIC created hereunder or (iii) constitute a taxable contribution to any REMIC created hereunder after the Startup Day.

  • Opinion of Bond Counsel means a written opinion of Bond Counsel.

  • Nondisqualification Opinion An Opinion of Counsel, prepared at the Trust’s expense and payable from the Collection Account, that a contemplated action will not cause (i) either the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC or (ii) a “prohibited transaction” or “prohibited contributions” tax to be imposed on either the Lower-Tier REMIC or the Upper-Tier REMIC at any time that any Certificates are outstanding.