Non-Consolidation Opinion shall have the meaning provided in Section 2.5.5.
Non-Consolidation Opinion means that certain substantive non-consolidation opinion delivered to Lender by Bergxx Xxxxxx XXX in connection with the closing of the Loan.
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/or certificates delivered in connection therewith, are true, complete and correct.
More Definitions of Non-Consolidation Opinion
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 that certain bankruptcy nonconsolidation opinion letter dated the date hereof delivered by Xxxxxx & Bird LLP in connection with the Loan.
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. As defined in Section 2.19(t).
Non-Consolidation Opinion means that certain substantive non-consolidation opinion delivered to Lender in connection with the closing of the Loan.
Non-Consolidation Opinion has the meaning set forth in Section 4.41.