Common use of Updating of legal opinions Clause in Contracts

Updating of legal opinions. On each occasion when the Base Listing Particulars are updated or amended pursuant to subclause ‎5.2(a), the Issuer will procure that further legal opinions, in such form and with such content as the Dealers may reasonably require, are delivered, at the expense of the Issuer failing which the Guarantor, to the Dealers from legal advisers (approved by the Dealers) in the United States and England. In addition, on such other occasions as a Dealer so requests (on the basis of reasonable grounds which shall include, without limitation, the publication of a supplement to the Base Listing Particulars), the Issuer will procure that a further legal opinion or further legal opinions, as the case may be, in such form and with such content as the Dealers may reasonably require, is or are delivered, at the expense of the Issuer (failing which the Guarantor) to the Dealers from legal advisers (approved by the Dealers) in such jurisdictions (including the United States and/or England) as the Dealers may reasonably require. If at or prior to the time of any agreement to issue and purchase Notes under clause ‎2 such a request is made with respect to the Notes to be issued, the receipt of the relevant opinion or opinions by the relevant Dealer in a form satisfactory to the relevant Dealer shall be a further condition precedent to the issue of those Notes to that Dealer.

Appears in 2 contracts

Samples: Programme Agreement (Autoliv Inc), Programme Agreement (Autoliv Inc)

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Updating of legal opinions. On each occasion when the Base Listing Particulars are Prospectus is updated or amended pursuant to subclause ‎5.2(a5.2(a), the Issuer will procure that further legal opinions, in such form and with such content as the Dealers may reasonably require, are delivered, at the expense of the Issuer failing which the GuarantorGuarantors, to the Dealers and the Trustee from legal advisers (approved by the DealersDealers (such approval not to be unreasonably withheld or delayed)) in the Republic of Italy, the United States of America and England. In addition, on such other occasions as a Dealer so requests (on the basis of reasonable grounds which shall include, without limitation, the publication of a supplement to the Base Listing ParticularsProspectus in accordance with the Prospectus Directive), the Issuer Issuer, failing which the Guarantors, will procure that a further legal opinion or further legal opinions, as the case may be, in such form and with such content as the Dealers may reasonably require, is or are delivered, at the expense of the Issuer (failing which the Guarantor) Guarantors, to the Dealers and the Trustee from legal advisers (approved by the DealersDealers (such approval not to be unreasonably withheld or delayed)) in such jurisdictions (including the Republic of Italy, the United States of America and/or England) as the Dealers may reasonably require. If at or prior to the time of any agreement to issue and purchase Notes under clause ‎2 2 such a request is made with respect to the Notes to be issued, the receipt of the relevant opinion or opinions by the relevant Dealer and the Trustee in a form reasonably satisfactory to the relevant Dealer and the Trustee shall be a further condition precedent to the issue of those Notes to that Dealer.

Appears in 2 contracts

Samples: Programme Agreement (Luxottica Group Spa), Programme Agreement (Luxottica Group Spa)

Updating of legal opinions. On each occasion when the Base Listing Particulars are updated or amended pursuant to subclause ‎5.2(a5.2(a), the Issuer will procure that further legal opinions, in such form and with such content as the Dealers may reasonably require, are delivered, at the expense of the Issuer failing which the Guarantor, to the Dealers from legal advisers (approved by the Dealers) in the United States and England. In addition, on such other occasions as a Dealer so requests (on the basis of reasonable grounds which shall include, without limitation, the publication of a supplement to the Base Listing Particulars), the Issuer will procure that a further legal opinion or further legal opinions, as the case may be, in such form and with such content as the Dealers may reasonably require, is or are delivered, at the expense of the Issuer (failing which the Guarantor) to the Dealers from legal advisers (approved by the Dealers) in such jurisdictions (including the United States and/or England) as the Dealers may reasonably require. If at or prior to the time of any agreement to issue and purchase Notes under clause ‎2 2 such a request is made with respect to the Notes to be issued, the receipt of the relevant opinion or opinions by the relevant Dealer in a form satisfactory to the relevant Dealer shall be a further condition precedent to the issue of those Notes to that Dealer.

Appears in 1 contract

Samples: Programme Agreement (Autoliv Inc)

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Updating of legal opinions. On or before the first issue of Notes occurring after each occasion when the Base Listing Particulars are updated or amended pursuant to subclause ‎5.2(a)anniversary of this Agreement, the Issuer Issuers will procure that further legal opinions, in such form and with such content as the Dealers may reasonably require, are delivered, at the expense of the Issuers (failing which, where the Issuer failing which is STUF, the Guarantor, ) to the Dealers and the Trustee from legal advisers (approved by the Dealers) in the United States and England. In addition, on such other occasions as a Dealer so requests the Issuers (on the basis of reasonable grounds which shall include, without limitationgrounds) and the Issuers so agree, the publication of a supplement to the Base Listing Particulars), the Issuer Issuers will procure that a further legal opinion or further legal opinions, as the case may be, in such form and with such content as the Dealers may reasonably require, is or are delivered, at the expense of the Issuer Issuers (failing which which, in the case of STUF, the Guarantor) to the Dealers and the Trustee from legal advisers (approved by the Dealers) in such jurisdictions England (including or any other jurisdiction in which either Issuer or the United States and/or EnglandGuarantor carries on business) as the Dealers may reasonably require. If at or prior to the time of any agreement to issue and purchase Notes under clause ‎2 2 such a request is made with respect to the Notes to be issued, the receipt of the relevant opinion or opinions by the relevant Dealer in a form satisfactory to the relevant Dealer shall be a further condition precedent to the issue of those Notes to that Dealer.

Appears in 1 contract

Samples: Programme Agreement

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