Operating Company Opinion definition

Operating Company Opinion means a written opinion of counsel to the Borrower Parties, in a form reasonably acceptable to Administrative Agent, as to qualification of each Borrower Party, as applicable, as an Operating Company.
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Operating Company Opinion means a favorable opinion of counsel regarding the status of a Borrower or the Guarantor as an Operating Company.
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Operating Company Opinion means, with respect to any Fund, a written opinion of counsel to such Fund, in a form reasonably acceptable to Administrative Agent, as to the status of such Fund as an Operating Company as of the date of its first investment (other than short term investments pending long-term investment or distribution).
Sample 1

Examples of Operating Company Opinion in a sentence

  • A recipient shall be discharged from services provided by the nurse upon the recipient’s request, upon the decision of the recipient’s physician, or if the nurse docu- ments that continuing to provide services to the recipient presents a direct threat to the nurse’s health or safety and further documents the refusal of the attending physician to authorized discharge of the recipient with full knowledge and understanding of the threat to the nurse.

  • Plant and equipment shall be maintained utilising a scheduled maintenance program to ensure the safety and integrity of equipment and ultimate safety of personnel.

  • An Operating Company Opinion from Fried, Frank, Harris, Sxxxxxx & Jxxxxxxx LLP, in a form reasonably acceptable to Administrative Agent.

  • Unless an Operating Company Opinion has previously been delivered to Administrative Agent hereunder, each Borrower Party shall deliver to Administrative Agent an Operating Company Opinion on or before the date, if any, that such Borrower Party would hold Plan Assets absent qualification as an Operating Company.

  • An Operating Company Opinion from Fried, Xxxxx, Xxxxxx, Xxxxxxx & Xxxxxxxx LLP, in a form reasonably acceptable to Administrative Agent.

Related to Operating Company 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.

  • Tax Opinion means, with respect to any action, an Opinion of Counsel to the effect that, for United States federal income tax purposes, (a) such action will not adversely affect the tax characterization as debt of the Notes of any outstanding Series or Class that were characterized as debt at the time of their issuance, (b) such action will not cause the Issuer to be treated as an association (or publicly traded partnership) taxable as a corporation and (c) such action will not cause or constitute an event in which gain or loss would be recognized by any Noteholder.

  • Company U.S. Counsel means Xxxxxx Xxxxxx Xxxxxxxxx Xxxx and Xxxx LLP, with offices located at 00 Xxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000.

  • Tax Opinions means the opinions of Tax Advisors deliverable to OFC in connection with the Transactions.

  • In loco parentis means relating to the responsibility to undertake the care and control of another person in the absence of:

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Independent Financial Consultant means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the District, who, or each of whom:

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Independent Financial Advisor means an accounting, appraisal, investment banking firm or consultant to Persons engaged in Similar Businesses of nationally recognized standing that is, in the good faith judgment of the Issuer, qualified to perform the task for which it has been engaged.

  • Favorable Opinion of Bond Counsel means, with respect to any action, or omission of an action, the taking or omission of which requires such an opinion, an unqualified written opinion of Bond Counsel to the effect that such action or omission does not adversely affect the excludability from gross income for federal income tax purposes of interest payable on the Bonds under existing law (subject to the inclusion of any exceptions contained in the opinion of Bond Counsel delivered upon the original issuance of the Bonds or other customary exceptions acceptable to the recipient(s) thereof).

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Company Organizational Documents means the Certificate of Incorporation and Bylaws of the Company and any other organizational documents of the Company and any of its Subsidiaries, each as amended.

  • Surviving Company has the meaning set forth in Section 2.1.

  • Independent Financial Adviser means an independent financial institution of international repute appointed by the Company at its own expense.

  • Merger Sub Board means the board of directors of Merger Sub.

  • Merger Sub II has the meaning set forth in the Preamble.

  • Opinion means a written, nonbinding, and advisory statement issued by the commission concerning an interpretation of the meaning of the codes or the application of the codes in a specific circumstance issued in response to a specific request by a party to the issue.