Examples of Opinion Party in a sentence
The Guarantee of each Opinion Party that is a Guarantor has been duly authorized by all requisite corporate action on the part of such Opinion Party under the IBCL.
No consent or approval by, or any notification of or filing with, any New York state or Federal court, public body or authority is required pursuant to New York state or Federal law to be obtained or effected by any Opinion Party in connection with the execution, delivery and performance by such Opinion Party of each of the Basic Documents to which such Opinion Party is a party, except for such consents, approvals, notifications or filings that have been obtained or made.
Victoria Cobo participated by phone and represented the Division.
The execution and delivery by each of the Opinion Parties of the Basic Documents to which it is a party, and compliance by such Opinion Party, with the provisions thereof will not violate any statute, rule or regulation of the State of New York, or any federal statute, rule, or regulation, in each case that is applicable to such Opinion Party.
Based upon the foregoing and subject to the qualifications and assumptions stated herein, I am of the opinion that the Guarantee of each Opinion Party has been duly authorized by all requisite corporate or limited liability company, as applicable, action on the part of such Opinion Party under the laws of the State of Colorado.
Our opinion in paragraph 1 is based solely upon our review of certificates from the secretaries of state (or comparable office) of the jurisdiction in which the applicable Opinion Party is incorporated, organized or formed.
Each Opinion Party has taken all necessary corporate action to duly authorize the issuance of the Exchange Guarantees, and the performance of its obligations thereunder.
Each Opinion Party has the corporate power and capacity to issue the Exchange Guarantees and to perform its obligations thereunder.
The issuance by each Opinion Party of the Exchange Guarantees, and the performance of its obligations thereunder, do not violate, result in a breach of, or constitute a default under (i) the articles or by-laws of such Opinion Party, or (ii) any statute or regulation of the Province or any federal statute or regulation of Canada applicable therein which is applicable to such Opinion Party.
Relying solely on the Certificates of Compliance, each Opinion Party is a subsisting corporation under the federal laws of Canada.