Common use of Option Closing Date Opinion of Underwriters’ Counsel Clause in Contracts

Option Closing Date Opinion of Underwriters’ Counsel. On each Option Closing Date, if any, the Representative shall have received the favorable opinions (including negative assurance statements) of Ropes, dated each Option Closing Date, addressed to the Representative and the other Underwriters and in form and substance reasonably satisfactory to the Representative.

Option Closing Date Opinion of Underwriters’ Counsel. On each Option Closing Date, if any, the Representative shall have received the favorable opinions (including negative assurance statements) opinion of RopesR+C, dated each Option Closing Date, addressed to the Representative and the other Underwriters and in form and substance reasonably satisfactory to the Representative, confirming, as of each Option Closing Date, the statements made by R+C in its opinion and in the Negative Assurance Letter delivered on the Closing Date.