Opinion Modifications Sample Clauses
The Opinion Modifications clause defines the circumstances under which a party may alter or qualify its professional or legal opinion provided under the agreement. This clause typically applies to situations where new information, changes in law, or unforeseen circumstances arise that affect the accuracy or completeness of the original opinion. For example, a legal advisor may need to update their opinion if relevant legislation changes after the opinion is issued. The core function of this clause is to ensure that opinions remain accurate and reliable over time, thereby protecting both parties from relying on outdated or incorrect information.
Opinion Modifications. The Underwriters agree, severally and not jointly, subject to the terms and provisions of the above referenced Underwriting Agreement which is incorporated herein in its entirety and made a part hereof, to purchase the respective principal amounts of the above referenced Series of Notes set forth opposite their names on Schedule I hereto.