Common use of First Borrowing Clause in Contracts

First Borrowing. On the Closing Date (or within such period of time thereafter as may be acceptable to the Lender in its discretion): (a) The Lender shall have received a favorable written opinion of (i) ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇, LLP, external counsel for the Borrower and (ii) ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, Senior Vice President, Secretary and Deputy General Counsel for the Borrower, and such other counsel as may be reasonably acceptable to the Lender, each in form and substance satisfactory to the Lender, (A) dated the Closing Date,