Due Execution Opinion definition
Due Execution Opinion an opinion issued by independent counsel acceptable to Lessor in the State of Incorporation confirming the due execution of the Agreement and each other Operative Document by Lessee and each relevant Lessee Affiliate, and that the Agreement and each other Operative Document constitutes the legal valid and binding obligations of Lessee and each relevant Lessee Affiliate enforceable in accordance with its terms subject to bankruptcy, insolvency and similar laws affecting the rights of creditors generally and general principles of equity;