Common use of Local Counsel Opinions Clause in Contracts

Local Counsel Opinions. Borrower shall cause to be delivered to Administrative Agent a favorable legal opinion of local counsel admitted to practice in the jurisdiction in which such Property is located as to the enforceability of the Mortgage under applicable law and other matters reasonably requested by Administrative Agent, which opinion shall be addressed to Administrative Agent and the Lenders, dated the date of the applicable Mortgage, in form and substance reasonably acceptable to Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (LGI Homes, Inc.), Credit Agreement (LGI Homes, Inc.)

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Local Counsel Opinions. The Borrower shall cause to be delivered to the Administrative Agent a favorable legal opinion of local counsel admitted to practice in the jurisdiction in which such Property is located as to the enforceability of the Mortgage under applicable law Applicable Law and other matters reasonably requested by the Administrative Agent, which opinion shall be addressed to the Administrative Agent and the Lenders, dated the date of the applicable Mortgage, in form and substance reasonably acceptable to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (LGI Homes, Inc.)

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Local Counsel Opinions. Borrower shall cause to be delivered to Administrative Agent a favorable legal opinion of local counsel admitted to practice in the jurisdiction NAI-1501018941v4 in which such Property is located as to the enforceability of the Mortgage under applicable law and other matters reasonably requested by Administrative Agent, which opinion shall be addressed to Administrative Agent and the Lenders, dated the date of the applicable Mortgage, in form and substance reasonably acceptable to Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (LGI Homes, Inc.)

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