Common use of Opinion and Comfort Letter Clause in Contracts

Opinion and Comfort Letter. Furnish, at the request of any Holder requesting registration of Registrable Securities, on the date that such Registrable Securities are delivered to the underwriters for sale, if such securities are being sold through underwriters, or, if such securities are not being sold through underwriters, on the date that the registration statement with respect to such securities becomes effective, (i) an opinion, dated as of such date, of the counsel representing the Company for the purposes of such registration, in form and substance as is customarily given to underwriters in an underwritten public offering and reasonably satisfactory to a majority in interest of the Holders requesting registration, and (ii) a "comfort" letter (or if the offering is not underwritten, an "agreed upon procedures" letter), dated as of such date, from the independent certified public accountants of the Company, in the form and with the substance as is customarily given by independent certified public accountants in a comparable public offering and reasonably satisfactory to a majority in interest of the Holders requesting registration, in both cases addressed to the underwriters, if any, and to the Holders requesting registration of Registrable Securities.

Appears in 3 contracts

Samples: Common Stock and Warrant Purchase Agreement (Whittman Hart Inc), Investor Rights Agreement (Whittman Hart Inc), Common Stock and Warrant Purchase Agreement (Novell Inc)

AutoNDA by SimpleDocs

Opinion and Comfort Letter. Furnish, at the request of any Holder requesting registration of Registrable Securities, on the date that such Registrable Securities are delivered to the underwriters for sale, if such securities are being sold through underwriters, or, if such securities are not being sold through underwriters, on the date that the registration statement with respect to such securities becomes effective, (i) an opinion, dated as of such date, of the counsel representing the Company for the purposes of such registration, in form and substance as is customarily given to underwriters in an underwritten public offering addressed to the underwriters, if any, and reasonably satisfactory to a majority in interest of the Holders requesting registration, registration of Registrable Securities and (ii) in the event that such securities are being sold through underwriters, a "comfort" letter (or if the offering is not underwritten, an "agreed upon procedures" letter), dated as of such date, from the independent certified public accountants of the Company, in the form and with the substance as is customarily given by independent certified public accountants to underwriters in a comparable an underwritten public offering and reasonably satisfactory to a majority in interest of the Holders requesting registrationoffering, in both cases addressed to the underwriters, if any, and to the Holders requesting registration of Registrable Securities.

Appears in 1 contract

Samples: Securities Purchase and Investor Rights Agreement (Panja Inc)

Opinion and Comfort Letter. Furnish, at the request of any Holder requesting registration of Registrable Securities, on the date that such Registrable Securities are delivered to the underwriters for sale, if such securities are being sold through underwriters, or, if such securities are not being sold through underwriters, on the date that the registration statement with respect to such securities becomes effective, (i) an opinion, dated as of such date, of the counsel representing the Company for the purposes of such registration, in form and substance as is customarily given to underwriters in an underwritten public offering and reasonably satisfactory to a majority in interest of the Holders requesting registration, addressed to the underwriters, if any, and to the Holders requesting registration of Registrable Securities and (ii) in the event that such securities are being sold through underwriters, a "comfort" letter (or if the offering is not underwritten, an "agreed upon procedures" letter), dated as of such date, from the independent certified public accountants of the Company, in the form and with the substance as is customarily given by independent certified public accountants to underwriters in a comparable an underwritten public offering and reasonably satisfactory to a majority in interest of the Holders requesting registration, in both cases addressed to the underwriters, if any, and to the Holders underwriters requesting registration of Registrable Securities.

Appears in 1 contract

Samples: Rights Agreement (Centennial Technologies Inc)

AutoNDA by SimpleDocs

Opinion and Comfort Letter. Furnish, at the request of any Holder requesting registration of Registrable Securities, on the date that such Registrable Securities are delivered to the underwriters for sale, if such securities are being sold through underwriters, or, if such securities are not being sold through underwriters, on the date that the registration statement with respect to such securities becomes effective, (i1) an opinion, dated as of such date, of the counsel representing the Company for the purposes of such registration, in form and substance as is customarily given to underwriters in an underwritten public offering and reasonably satisfactory to a majority in interest of the Holders requesting registration, addressed to the underwriters, if any, and to the Holders requesting registration of Registrable Securities and (ii2) in the event that such securities are being sold through underwriters, a "comfort" letter (or if the offering is not underwritten, an "agreed upon procedures" letter), dated as of such date, from the independent certified public accountants of the Company, in the form and with the substance as is customarily given by independent certified public accountants to underwriters in a comparable an underwritten public offering and reasonably satisfactory to a majority in interest of the Holders requesting registration, in both cases addressed to the underwriters, if any, underwriters and to the Holders requesting registration of Registrable Securities.

Appears in 1 contract

Samples: Stock and Warrant Purchase and Investor Rights Agreement (Gateway Co Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.