Enforceability Opinion definition

Enforceability Opinion means an executed original of a written legal opinion from counsel for Seller (such counsel to be reasonably acceptable to Buyer), concerning this Agreement and the Ancillary Documents (including enforceability and due authorization thereof) and related matters, in form and substance satisfactory to Buyer and its counsel, dated as of the Effective Date and addressed to Buyer.
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Enforceability Opinion means a written opinion for the benefit of Tenant, in reasonable and customary form, which provides that (i) each Guarantor and the Reimbursement Obligor is duly organized, (ii) each Guarantor duly authorized the execution and delivery of the Guaranty, (iii) the Reimbursement
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Enforceability Opinion. The favorable legal opinion of counsel to the Borrower and the Guarantor reasonably acceptable to the Majority Banks qualified to practice in the State in which such Real Estate is located, addressed to the Banks and in form and substance satisfactory to the Majority Banks as to the enforceability of such Security Documents (including the opinion that the Special Security Documents and the agreement herein for the future recording thereof are enforceable between the parties thereto, with appropriate qualifications acceptable to the Majority Banks as to the enforceability against third parties prior to recordation thereof) and such other matters as the Majority Banks shall reasonably request.
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Examples of Enforceability Opinion in a sentence

  • Opinion of ▇▇▇▇▇▇▇▇’s Counsel on Origination of Mortgage Loan [with Enforceability Opinion] (6401).

  • Opinion of ▇▇▇▇▇▇▇▇’s Counsel on Origination of Delaware Statutory Trust Mortgage Loan With Enforceability Opinion (6401.DST) 7.

  • Opinion of ▇▇▇▇▇▇▇▇’s Counsel on origination of Manufactured Housing Community Mortgage Loan [with Enforceability Opinion] (6401.MHC).

  • Review the Contract and confirm it is covered by the Enforceability Opinion.

  • Opinion of ▇▇▇▇▇▇▇▇’s Counsel on origination of Manufactured Housing Community Mortgage Loan [with Enforceability Opinion] (6435).


More Definitions of Enforceability Opinion

Enforceability Opinion means a reasoned opinion of ▇▇▇▇▇▇’s outside legal counsel in a form reasonably acceptable to, and addressed to, ▇▇▇▇▇ as to the enforceability and due authorization of this Agreement.
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Related to Enforceability Opinion

  • Favorable Opinion of Bond Counsel means, with respect to any action the taking of which requires such an opinion, an unqualified opinion of Bond Counsel to the effect that such action will not adversely affect the exclusion of interest on the Bonds from gross income for federal income tax purposes (subject to the inclusion of any exceptions contained in the opinion delivered upon the original issuance of the Bonds).