Opinion of Bond Counsel. Company need not comply with the covenants or representations in Section 4.4 if and to the extent that Issuer and Company (with a copy to Trustee) receive a written opinion of Bond Counsel that such failure to comply will not affect adversely the exclusion of interest on any of the 2002 Series A Bonds from gross income for federal income tax purposes under Section 103(a) of the Code.
Opinion of Bond Counsel. Anything herein to the contrary notwithstanding, any amendment to the Loan Agreement shall not become effective unless and until the Trustee shall have received an opinion of Bond Counsel to the effect that such amendment will not affect the exclusion of interest on the Bonds from gross income for purposes of federal income taxation.
Opinion of Bond Counsel. Anything herein to the contrary notwithstanding, a supplemental indenture under this Article shall not become effective unless and until the Trustee shall have received an opinion of Bond Counsel to the effect that such supplemental indenture will not affect the exclusion of interest on the Bonds from gross income for purposes of federal income taxation.
Opinion of Bond Counsel. The Bank shall have received a written opinion of Xxxxxxxxx & Xxxxxxxx L.L.P. addressed to the Bank, dated the Effective Date in the form and substance reasonably satisfactory to the Bank.
Opinion of Bond Counsel. XXXX warrants, based on counsel's review of the bond validation judgment and the underlying bond documents that the FDFC PACE program's structure complies with the bond validation judgment and the underlying bond documents.
Opinion of Bond Counsel. Prior to any discharge of this Master Indenture pursuant to Section 8.01 hereof or the defeasance of any Bonds pursuant to Section 8.02 hereof, Bond Counsel must have delivered a written opinion to the effect that all requirements of this Master Indenture for such discharge or defeasance have been complied with and that such discharge or defeasance will not constitute a violation by the Transportation Enterprise of its tax covenant in Section 4.08 hereof.
Opinion of Bond Counsel. The approving opinion of Bond Counsel dated the Closing Date, substantially in the form attached hereto as Exhibit A, and a reliance letter with respect thereto addressed to the Purchaser;
Opinion of Bond Counsel. There has been delivered to the Agent an opinion of Bond Counsel, dated the Date of Issuance and in form and substance satisfactory to the Agent, to the effect that the Bonds are legal, valid and binding obligations of the Issuer and that interest on the Bonds are exempt from Federal income taxes under existing statutes, and court decisions (with such exceptions as are satisfactory to the Agent), and covering such other matters as the Agent may reasonably request. The foregoing Condition Precedent initially was fulfilled on or about July 15, 1994.
Opinion of Bond Counsel. The Bank shall have received a written opinion of Bond Counsel, addressed to the Bank (or upon which the Bank may rely), dated the Effective Date in form and substance satisfactory to the Bank and Bank Counsel.
Opinion of Bond Counsel. The Trustee may require that the Borrower deliver to the Trustee at the Borrower’s expense an opinion of Bond Counsel upon which the Trustee may rely to the effect that any amendment, change or modification of the Agreement is permitted by applicable law and will not adversely affect the tax-exempt status of interest on the Bonds and that such amendment, change or modification complies with the terms and provisions of the Agreement and this Indenture.
