Common use of Recording and Opinions Clause in Contracts

Recording and Opinions. (a) The Issuers shall furnish to the Trustee simultaneously with the execution and delivery of this Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Collateral Documents and reciting with respect to the security interests in the Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 6 contracts

Samples: Indenture (Comdisco Holding Co Inc), Comdisco Holding Co Inc, Comdisco Inc

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Recording and Opinions. (a) The Issuers Company shall furnish to the Trustee simultaneously with the execution and delivery of this Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Collateral Documents Pledge Agreement, and reciting with respect to the security interests in the Pledged Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 4 contracts

Samples: Pledge Agreement (Excel Legacy Corp), Indenture (Centennial Communications Corp), Pledge Agreement (Excel Legacy Corp)

Recording and Opinions. (a) The Issuers shall furnish to the Trustee simultaneously with the execution and delivery of this Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Collateral Documents Note Security Documents, and reciting with respect to the security interests in the Note Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 1 contract

Samples: Indenture (Nebco Evans Holding Co)

Recording and Opinions. (a) The Issuers shall furnish to the Trustee simultaneously with the execution and delivery of this Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Collateral Documents Security Agreement and reciting with respect to the security interests in the Collateral, the details of such action, except for the filing of any necessary UCC-1 financing statements, or (ii) stating that, that in the opinion of such counsel, counsel no such action is necessary to make such Lien effective.

Appears in 1 contract

Samples: Digital Television Services of Kansas LLC

Recording and Opinions. (a) The Issuers Issuer shall furnish to the Collateral Agent and the Trustee simultaneously with the execution and delivery of this Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of this Indenture, financing statements or other instruments necessary to make effective the Lien intended to be created by the Collateral Documents Pledge Agreement, and reciting with respect to the security interests in the Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien effective.

Appears in 1 contract

Samples: Indenture (Shop Vac Corp)

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Recording and Opinions. (a) The Issuers shall furnish to the Trustee simultaneously with the execution and delivery of this Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of this Indenture, financing statements or other instruments necessary to make effective the Lien lien and security interest intended to be created by the Collateral Documents Participation Agreement, and reciting with respect to the security interests in the Collateral, the details of such action, or (ii) stating that, in the opinion of such counsel, no such action is necessary to make such Lien lien and security interest effective.

Appears in 1 contract

Samples: Universal Compression Inc

Recording and Opinions. (a) The Issuers shall furnish to the Trustee simultaneously with the execution and delivery of this Indenture an Opinion of Counsel either (i) stating that in the opinion of such counsel all action has been taken with respect to the recording, registering and filing of this Indenture, financing statements or other instruments necessary to make effective the Lien Liens intended to be created by the Collateral Documents Escrow Security Agreement and reciting with respect to the security interests in the Collateral, the details of such action, except for the filing of any necessary UCC-1 financing statements, or (ii) stating that, that in the opinion of such counsel, counsel no such action is necessary to make such Lien Liens effective.

Appears in 1 contract

Samples: Chiles Magellan LLC

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