Common use of Opinion of Counsel to Borrower Clause in Contracts

Opinion of Counsel to Borrower. Administrative Agent shall have received a favorable opinion of counsel for the applicable Borrower, in form and substance satisfactory to Administrative Agent and addressed to Administrative Agent, with respect to the subject Borrower Guaranty, covering such matters relating thereto as reasonably requested by Administrative Agent, and in a form reasonably acceptable to Administrative Agent. Such Borrower hereby direct such counsel to prepare and deliver such legal opinion to Administrative Agent for the benefit of the Secured Parties;

Appears in 5 contracts

Samples: Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC), Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC), Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC)

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Opinion of Counsel to Borrower. Administrative Agent shall have received a favorable opinion of counsel for the applicable Borrower, in form and substance satisfactory to Administrative Agent and addressed to Administrative Agent, with respect to the subject Borrower Guaranty, covering such matters relating thereto as reasonably requested by Administrative Agent, and in a form reasonably acceptable to Administrative Agent. Such Borrower hereby direct directs such counsel to prepare and deliver such legal opinion to Administrative Agent for the benefit of the Secured PartiesLenders;

Appears in 3 contracts

Samples: Revolving Credit Agreement (GOLUB CAPITAL INVESTMENT Corp), Revolving Credit Agreement (Golub Capital BDC 3, Inc.), Revolving Credit Agreement (Golub Capital Investment Corp)

Opinion of Counsel to Borrower. Administrative Agent shall have received a favorable opinion of counsel for the applicable Borrower, in form and substance satisfactory to Administrative Agent and addressed to Administrative Agent, with respect to the subject Borrower Guaranty, covering such matters relating thereto as reasonably requested by Administrative Agent, and in a form reasonably acceptable to Administrative Agent. Such The Borrower hereby direct directs such counsel to prepare and deliver such legal opinion to Administrative Agent for the benefit of the Secured PartiesLenders;

Appears in 2 contracts

Samples: Revolving Credit Agreement (Lafayette Square USA, Inc.), Revolving Credit Agreement (Lafayette Square Empire BDC, Inc.)

Opinion of Counsel to Borrower. The Administrative Agent shall have received a favorable opinion opinions of counsel for the applicable BorrowerBorrower (which counsel shall be reasonably satisfactory to the Administrative Agent), in form and substance reasonably satisfactory to the Administrative Agent and addressed covering such matters (including as to Administrative Agentthe enforceability of this Amendment No. 1 and the Credit Agreement as amended hereby, the valid organization, good standing and due authorization of the Borrower, and the lack of any conflicts of the Borrower (including with respect to any material agreements)) as the subject Borrower Guaranty, covering such matters relating thereto as reasonably requested by Administrative Agent, and in a form reasonably acceptable to Administrative Agent. Such Borrower hereby direct such counsel to prepare and deliver such legal opinion to Administrative Agent for the benefit of the Secured Parties;shall reasonably request.

Appears in 2 contracts

Samples: Legg Mason Inc, Legg Mason Inc

Opinion of Counsel to Borrower. The Administrative Agent shall have received a favorable opinion opinions of counsel for the applicable BorrowerBorrower (which counsel shall be reasonably satisfactory to the Administrative Agent), in form and substance reasonably satisfactory to the Administrative Agent and addressed covering such matters (including as to Administrative Agentthe enforceability of this Amendment No. 4 and the Credit Agreement as amended hereby, the valid organization, good standing and due authorization of the Borrower, and the lack of any conflicts of the Borrower (including with respect to any material agreements)) as the subject Borrower Guaranty, covering such matters relating thereto as reasonably requested by Administrative Agent, and in a form reasonably acceptable to Administrative Agent. Such Borrower hereby direct such counsel to prepare and deliver such legal opinion to Administrative Agent for the benefit of the Secured Parties;shall reasonably request.

Appears in 1 contract

Samples: Legg Mason Inc

Opinion of Counsel to Borrower. Administrative Agent shall have has received a favorable opinion of counsel for the applicable BorrowerXxxxxxxxx, in form and substance reasonably satisfactory to Administrative Agent and addressed to Administrative AgentAgent for the benefit of the Secured Parties, with respect to the subject Qualified Borrower Guaranty, covering such matters relating thereto as reasonably requested by Administrative Agent, and in a form reasonably acceptable to Administrative Agent. Such Borrower Borrowers hereby direct such counsel to prepare and deliver such legal opinion to Administrative Agent for the benefit of the Secured Parties;

Appears in 1 contract

Samples: Revolving Credit Agreement (J.P. Morgan Real Estate Income Trust, Inc.)

Opinion of Counsel to Borrower. Administrative Agent shall have received a favorable opinion of counsel for the applicable Borrower, in form and substance satisfactory to Administrative Agent and addressed to Administrative Agent, with respect to the subject Borrower Guaranty, covering such matters relating thereto as reasonably requested by Administrative Agent, and in a form reasonably acceptable to Administrative Agent. Such The Borrower hereby direct directs such counsel to prepare and deliver such legal opinion to Administrative Agent for the benefit of the Secured PartiesLxxxxxx;

Appears in 1 contract

Samples: Revolving Credit Agreement (Lafayette Square USA, Inc.)

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Opinion of Counsel to Borrower. Administrative Agent shall have received a favorable opinion of counsel for the applicable Borrower, in form and substance satisfactory to Administrative Agent and addressed to Administrative Agent, with respect to the subject Borrower Guaranty, covering such matters relating thereto as reasonably requested by Administrative Agent, and in a form reasonably acceptable to Administrative Agent. Such The Borrower hereby direct directs such counsel to prepare and deliver such legal opinion to Administrative Agent for the benefit of the Secured PartiesXxxxxxx;

Appears in 1 contract

Samples: Revolving Credit Agreement (Lafayette Square USA, Inc.)

Opinion of Counsel to Borrower. The Administrative Agent shall have received a favorable opinion opinions of counsel for the applicable BorrowerBorrower (which counsel shall be reasonably satisfactory to the Administrative Agent), in form and substance reasonably satisfactory to the Administrative Agent and addressed covering such matters (including as to Administrative Agentthe enforceability of this Amendment No. 5 and the Credit Agreement as amended hereby, the valid organization, good standing and due authorization of the Borrower, and the lack of any conflicts of the Borrower (including with respect to any material agreements)) as the subject Borrower Guaranty, covering such matters relating thereto as reasonably requested by Administrative Agent, and in a form reasonably acceptable to Administrative Agent. Such Borrower hereby direct such counsel to prepare and deliver such legal opinion to Administrative Agent for the benefit of the Secured Parties;shall reasonably request.

Appears in 1 contract

Samples: Legg Mason Inc

Opinion of Counsel to Borrower. The Administrative Agent shall have received a favorable opinion of counsel for the applicable Borrower, in form and substance satisfactory to the Administrative Agent and addressed to the Administrative Agent, with respect to the subject Borrower Guaranty, covering such matters relating thereto as reasonably requested by the Administrative Agent, and in a form reasonably acceptable to the Administrative Agent. Such Borrower hereby direct such counsel to prepare and deliver such legal opinion to the Administrative Agent Agent, for the benefit of the Secured Parties;

Appears in 1 contract

Samples: Revolving Credit Agreement (SLR Private Credit BDC II LLC)

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