Non-Consolidation Opinion definition

Non-Consolidation Opinion means that certain substantive non-consolidation opinion delivered to Lender by Xxxxx Day in connection with the closing of the Loan.

Non-Consolidation Opinion shall have the meaning provided in Section 2.5.5.

Non-Consolidation Opinion means that certain bankruptcy non-consolidation opinion dated the date hereof delivered by Xxxxxxx Xxxxxx LLP in connection with the Loan and relating to Borrower and Ashford Keys Senior Operating Lessee.

Examples of Non-Consolidation Opinion in a sentence

• All of the assumptions made in the Non-Consolidation Opinion, including, but not limited to, any exhibits attached thereto, and any certificates referred to therein are true and correct.

• All of the assumptions made in the Non-Consolidation Opinion, including any exhibits attached thereto, are true and correct, and Seller has complied or will comply after the date hereof with all of the assumptions made with respect to Seller in the Non-Consolidation Opinion.

• All of the assumptions made in the Non-Consolidation Opinion, including, but not limited to, any exhibits attached thereto, are true, complete and correct.

• Seller has complied or will comply after the date hereof with all of the assumptions made with respect to Seller in the Non-Consolidation Opinion.

• These standards are designed to protect and promote the general health, safety and welfare of the public in a manner consistent with the following objectives.

More Definitions of Non-Consolidation Opinion

Non-Consolidation Opinion means that certain bankruptcy non-consolidation opinion letter dated the date hereof delivered by Xxxxxxx Xxxxxxx Xxxxxx LLP in connection with the Loan.

Non-Consolidation Opinion means that certain substantive non-consolidation opinion delivered to Lender by Ropes & Xxxx LLP in connection with the closing of the Loan.

Non-Consolidation Opinion shall have the meaning given to such term in the definition of the term "Single-Purpose" in this SECTION 1.1.

Non-Consolidation Opinion means a reasoned opinion of Xxxxxx’s legal counsel, (such counsel to be reasonably acceptable to the Buyers), in form and substance acceptable to each Buyer, as to the non-consolidation of Seller in a Bankruptcy proceeding of any Upstream Equity Owner, addressed and delivered to the Buyers on or before the Commercial Operation Date.

Non-Consolidation Opinion means that certain substantive non-consolidation opinion delivered to Lender in connection with the closing of the Loan.

Non-Consolidation Opinion. As defined in Section 2.19(t).

Non-Consolidation Opinion has the meaning set forth in Section 4.41.