Opinion of Borrower definition

Opinion of Borrower s Legal Counsel” means a written opinion of Borrower’s legal counsel delivered to Agent for the benefit of Agent and Lenders in form and substance acceptable to Agent.
Sample 1
Opinion of Borrower s Counsel ” shall mean an opinion from Borrower’s counsel, dated the Effective Date and addressed to Lender, substantially in form and content as set forth on Schedule “1.31” hereto.”
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Opinion of Borrower s Counsel. Receipt by the Agent, on behalf of the Banks, of a signed favorable opinion of Eckexx Xxxmxxx Xxxxxx & Xellxxx, xxunsel to the Borrower and its Subsidiaries, substantially in the form of Exhibit "I" attached hereto.
Sample 1

Examples of Opinion of Borrower in a sentence

  • The original executed Borrower and Operating Company Certification (SBA Form 2289); Insert item 23 if there is an Opinion of Borrower and/or Guarantor Counsel; otherwise list as item 23 Borrower and/or Guarantor organizational documents reviewed and relied upon.

  • Lender certifies that all of the HUD form Loan Documents (with the exception of the Opinion of Borrower Counsel (Form HUD-91725-ORCF) and the accompanying Certification by Borrower (Form HUD-91725-CERT-ORCF)) conform to those documents Lender obtained from HUD and such documents have not been changed or modified in any manner except as suitably identified and approved by HUD as evidenced by the Closing Documents Memorandum attached as Exhibit .

  • By October 15th, close out the books and report final cost reports to the Executive Board.


More Definitions of Opinion of Borrower

Opinion of Borrower s counsel in form acceptable to Lender with respect to the authority of Borrower and enforceability of the Loan Documents other than the Mortgages, with such opinion assuming, among other things that the law purportedly governing the documents is the same as Pennsylvania law and excepting, among other things, any opinion regarding usury;
Sample 1
Opinion of Borrower s Counsel and Borrower's FCC Counsel
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Opinion of Borrower s Counsel Exhibit "G" - Compliance Certificate Exhibit "H" - Assignment Agreement Exhibit "I" - Transfer Instructions SCHEDULES --------- Schedule "1" - Lender Commitments and Addresses Schedule "2" - Significant Subsidiaries Schedule "3" - Insurance Licenses Schedule "4" - Pricing Grid CREDIT AGREEMENT This Credit Agreement, dated as of October 22, 1997, is among TORCHMARK CORPORATION, a Delaware corporation, the Lenders (as hereinafter defined) and The First National Bank of Chicago, individually and as Agent.
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Opinion of Borrower s Counsel Exhibit E-2. . . . . . . . . . . . . . . . . .
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Opinion of Borrower s outside Counsel;
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Related to Opinion of Borrower

  • Opinion of Bond Counsel means a written opinion of Bond Counsel.

  • Favorable Opinion of Bond Counsel means an opinion of Bond Counsel addressed to the Issuer and the Trustee to the effect that the action proposed to be taken is authorized or permitted by the laws of the Commonwealth and this Indenture and will not, in and of itself, adversely affect any exclusion of interest on the Bonds from gross income of the owners thereof for federal income tax purposes.

  • Withdrawal Opinion of Counsel has the meaning assigned to such term in Section 11.1(b).

  • Opinion of Counsel means a written opinion from legal counsel who is acceptable to the Trustee. The counsel may be an employee of or counsel to the Company or the Trustee.

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

  • Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

  • REMIC Opinion An Independent Opinion of Counsel, to the effect that the proposed action described therein would not, under the REMIC Provisions, (i) cause any REMIC created hereunder to fail to qualify as a REMIC while any regular interest in such REMIC is outstanding, (ii) result in a tax on prohibited transactions with respect to any REMIC created hereunder or (iii) constitute a taxable contribution to any REMIC created hereunder after the Startup Day.

  • Opinion of Independent Counsel means a written opinion of counsel issued by someone who is not an employee or consultant of the Company or any Guarantor and who shall be acceptable to the Trustee.

  • Borrower’s Counsel means Xxxxxx Xxxx Philips & Xxxxxxxx XXX, Xxxxxxx, Xxxxxxx or such other firm of legal counsel as the Borrowers may from time to time designate;

  • Insolvency Opinion means that certain non-consolidation opinion letter dated the date hereof delivered by Xxxxxx Xxxxxxxx Xxxxx & Xxxxxxxx LLP in connection with the Loan.

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

  • Original Borrower means, as the context requires, any of them;

  • New Borrower means (a) each New Company that is a Company Borrower, and (b) each other Company (including a New Company) acting on behalf of, and for the account of, each Series thereof that is a New Fund.

  • Qualified borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.

  • Borrowing Subsidiary Agreement means a Borrowing Subsidiary Agreement substantially in the form of Exhibit F-1.

  • Initial Borrower has the meaning set forth in the preamble hereto.

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

  • 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.

  • Borrower Pledge Agreement means the Pledge Agreement executed and delivered by the Borrower pursuant to Section 5.1.5, substantially in the form of Exhibit F-1 hereto, as amended, supplemented, restated or otherwise modified from time to time.

  • Borrower Joinder Agreement means a Borrower Joinder Agreement substantially in the form of Exhibit B-1.

  • International Borrower In connection with any Mortgage Loan, a borrower who is (a) a United States citizen employed in a foreign country, (b) a non-permanent resident alien employed in the United States or (c) a citizen of a country other than the United States with income derived from sources outside the United States.

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

  • Borrower’s Accountants means Deloitte & Touche LLP or another firm of independent nationally recognized public accountants.

  • FIRPTA Affidavit means the Foreign Investment in Real Property Tax Act Certification and Affidavit, substantially in the form of Exhibit D hereto.