Security Opinions Sample Clauses

Security Opinions. From time to time during the term hereof, Borrower will deliver such opinions regarding the Collateral, from counsel and in form and content reasonably satisfactory to the Bank, as the Bank may reasonably request, including without limitation opinions confirming that the nature and extent of Borrower's title to the Collateral covered by the Collateral Documents as provided in Section 5.01 (expressly including the Borrower's working and net revenue interests therein) conform to the assumptions used by the Bank in evaluating the Collateral and that, pursuant to the Collateral Documents, first enforceable liens thereon have been duly created and perfected in favor of the Bank.
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Security Opinions. (a) Each of the Nevada Guarantor's execution of the authorization letter to the Secured Party, dated ___, 2001, and its becoming bound as a debtor by the provisions of the Security Agreement, is sufficient to constitute authorization by the Nevada Guarantor of the filing of the Financing Statement for purposes of Section 104.9509 of the UCC.
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Security Opinions. Not more than one hundred twenty (120) days after the Closing Date, the Borrowers shall furnish to the Bank an opinion or opinions (the "Security opinion") from Borrowers' counsel, in form of Exhibit F hereto, confirming that the nature and extent of the Borrowers' title to the portion of the Mortgaged Properties identified in Schedule 6.3 hereto (with such opinions expressly to include the Borrowers, working and net revenue interests therein) conform to the assumptions used by the Bank in determining the Production Borrowing Base and confirming that the Collateral Documents have duly created and perfected a first enforceable lien thereon in favor of the Bank. In addition, from time to time during the term hereof, the Borrowers will deliver such additional opinions regarding the Mortgaged Properties, from Borrowers' counsel and in form and content reasonably satisfactory to the Bank, as the Bank may reasonably request with respect to (i) actual or potential material defects in the Borrowers' title to a particular Mortgaged Property or, (ii) additional producing oil and gas properties included in the Production Borrowing Base.
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Related to Security Opinions

  • Second Opinions The Member may access a second opinion from a Network Provider regarding a medical diagnosis or treatment plan. The Member may request Preauthorization or may visit a KFHPWA-designated Specialist for a second opinion. When requested or indicated, second opinions are provided by Network Providers and are covered with Preauthorization, or when obtained from a KFHPWA-designated Specialist. Coverage is determined by the Member's EOC; therefore, coverage for the second opinion does not imply that the services or treatments recommended will be covered. Preauthorization for a second opinion does not imply that KFHPWA will authorize the Member to return to the physician providing the second opinion for any additional treatment. Services, drugs and devices prescribed or recommended as a result of the consultation are not covered unless included as covered under the EOC.

  • Recording and Opinions 54 Section 10.03.

  • Legal Opinions The Administrative Agent shall have received the following executed legal opinions:

  • Legal Opinions of Counsel The Administrative Agent shall have received an opinion or opinions (including, if requested by the Administrative Agent, local counsel opinions) of counsel for the Loan Parties, dated the Closing Date and addressed to the Administrative Agent and the Lenders, in form and substance acceptable to the Administrative Agent.

  • Opinions Counterparty shall deliver to Dealer an opinion of counsel, dated as of the Premium Payment Date, with respect to the matters set forth in Sections 8(a) through (c) of this Confirmation; provided that any such opinion of counsel may contain customary exceptions and qualifications. Delivery of such opinion to Dealer shall be a condition precedent for the purpose of Section 2(a)(iii) of the Agreement with respect to each obligation of Dealer under Section 2(a)(i) of the Agreement.

  • Solvency Opinion The Administrative Agent shall have received, with a counterpart for each Lender, a solvency opinion reasonably satisfactory to the Agents from an independent valuation firm reasonably satisfactory to the Agents which shall document the solvency of Holdings and its Subsidiaries (including the Borrower) individually and taken together as a single entity, after giving effect to the Asset Contribution, the making of the Loans, the issuance of the Subordinated Debt and the other transactions contemplated hereby and by the Transaction Documents.

  • Opinions and Comfort Letters The Company shall furnish to each holder of Registrable Securities included in any Registration Statement a signed counterpart, addressed to such holder, of (i) any opinion of counsel to the Company delivered to any Underwriter and (ii) any comfort letter from the Company’s independent public accountants delivered to any Underwriter. In the event no legal opinion is delivered to any Underwriter, the Company shall furnish to each holder of Registrable Securities included in such Registration Statement, at any time that such holder elects to use a prospectus, an opinion of counsel to the Company to the effect that the Registration Statement containing such prospectus has been declared effective and that no stop order is in effect.

  • Procedures Regarding Opinions and Rulings (a) If SpinCo notifies Parent that it desires to take one of the actions described in clauses (i) through (vi) of Section 7.02(d) (a “Notified Action”), Parent and SpinCo shall reasonably cooperate to attempt to obtain the Ruling or Unqualified Tax Opinion referred to in Section 7.02(d), unless Parent shall have waived the requirement to obtain such Ruling or Unqualified Tax Opinion.

  • Opinions of Borrower’s Counsel Lender shall have received opinions from Borrower’s counsel with respect to non-consolidation and the due execution, authority, enforceability of the Loan Documents and such other matters as Lender may require, including True-Lease Opinions, an opinion with respect to the priority and perfection of the Collateral and all such opinions shall be in form, scope and substance satisfactory to Lender and Lender’s counsel in their reasonable discretion.

  • Legal Opinion of Counsel The Administrative Agent shall have received an opinion or opinions (including, if requested by the Administrative Agent, local counsel opinions) of counsel for the Credit Parties, dated the Closing Date and addressed to the Administrative Agent and the Lenders, in form and substance acceptable to the Administrative Agent (which shall include, without limitation, opinions with respect to the due organization and valid existence of each Credit Party, opinions as to perfection of the Liens granted to the Administrative Agent pursuant to the Security Documents and opinions as to the non-contravention of the Credit Parties’ organizational documents and Material Contracts).

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