Local Counsel Opinion definition

Local Counsel Opinion has the meaning assigned to it in Section 7.1;
Local Counsel Opinion an opinion letter delivered by local counsel reasonably acceptable to Agent and in the jurisdiction in which any Eligible Real Property is located with respect to the validity and enforceability of a Mortgage (and any Lien granted thereunder) and any related fixture filings and containing other such customary opinions of local counsel reasonably requested by Agent, in form and substance reasonably satisfactory to Agent.
Local Counsel Opinion means a legal opinion or memorandum from outside local counsel to the Originator or any Affiliate of the Originator qualified to practice in each jurisdiction in which the Originator intends to make Eligible Insurance Premium Loans addressed to the Originator or such Affiliate, which explicitly states that Lenders, the Agents and Early Bird Capital, Inc. may rely thereon, and dated, with respect to a Local Counsel Opinion related to the first Eligible Insurance Premium Loan to be issued in a particular jurisdiction, no earlier than sixty days prior to the date on which the Originator first makes an Eligible Insurance Premium Loan, and which shall be updated not less than once each year, addressing each of the questions set forth on Exhibit K hereto pursuant to the laws, rules and regulations of such jurisdiction as in effect as of the date of such Local Counsel Opinion.

Examples of Local Counsel Opinion in a sentence

  • EXHIBIT C Local Counsel Opinion Questions (Loan State) Exhibit C to this Agreement has been omitted in its entirety pursuant to a request for confidential treatment.


More Definitions of Local Counsel Opinion

Local Counsel Opinion means a legal opinion or memorandum from outside local counsel to the Originator or any Affiliate of the Originator qualified to practice in each jurisdiction in which the Originator intends to make Eligible Insurance Premium Loans addressed to the Originator or such Affiliate and dated, with the respect to a Local Counsel Opinion related to the first Eligible Insurance Premium Loan to be issued in a particular jurisdiction, no earlier than sixty days prior to the date on which the Originator first makes an Eligible Insurance Premium Loan, and which shall be updated not less than once each year, addressing each of the questions set forth on Exhibit H hereto pursuant to the laws, rules and regulations of such jurisdiction as in effect as of the date of such Local Counsel Opinion.
Local Counsel Opinion has the meaning ascribed to such term in the definition of "Local Counsel Opinion Requirement".
Local Counsel Opinion. [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT].. “Losses” [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT].
Local Counsel Opinion has the meaning set forth in Section 4.6.
Local Counsel Opinion means a legal opinion or legal memorandum obtained in connection with Insurance Premium Loans by Imperial PFC or an Affiliate of Imperial PFC from outside local counsel to Imperial PFC or such Affiliate, as applicable, qualified to practice in a jurisdiction in which the Originator made Insurance Premium Loans.

Related to Local Counsel Opinion

  • Special Counsel means an "independent legal counsel" as defined in Reg. §270.0-1(a)(6) promulgated under the 1940 Act, and such counsel shall be selected by a majority of the Independent Non-Party Directors.

  • Legal Opinion means any legal opinion delivered to the Agent under Clause 4.1 (Initial conditions precedent) or Clause 29 (Changes to the Obligors).

  • General Counsel means the General Counsel of the Corporation.

  • Company Counsel means Xxxxxxxx LLP, with offices located at 000 Xxxxx Xxxxxx Xxx, Xxxxx 000, Xxxxxxxxx, Xxxxxxxx 00000.

  • Second opinion means an opportunity or requirement to obtain a clinical evaluation by a provider other than the one originally making a recommendation for a proposed health service to assess the clinical necessity and appropriateness of the initial proposed health service.

  • Tax Counsel shall have the meaning set forth in Section 6.2 hereof.

  • Responsible Financial Officer means, with respect to any Person, the chief financial officer or treasurer of such Person or any other officer, partner or member having substantially the same authority and responsibility.

  • Financial Officer means the chief financial officer, principal accounting officer, treasurer or controller of the Borrower.

  • Agent’s Counsel means Xxxxxx Xxxxxx Xxxxxxx LLP;

  • Representation Letter Letters to, or agreements with, the Depository to effectuate a book entry system with respect to the Class A Certificates registered in the Register under the nominee name of the Depository.

  • Liaison Counsel means the law firm of Xxxx Xxxxx Xxxxxxxxxx, PC.

  • Professional counselor means a person who practices counseling as defined in § 54.1-3500.

  • Secretary’s Certificate has the meaning set forth in Section 2.2(a)(vi).

  • Chief Administrative Officer or “CAO” means the administrative head of a municipality as appointed by Council under clause 86(2)(c) of the Municipal Government Act.

  • Counsel means a barrister and/or solicitor or a firm of barristers and/or solicitors retained by the Warrant Agent or retained by the Corporation, which may or may not be counsel for the Corporation;