Opinion of Borrower's Counsel means a legal opinion from Borrower's legal counsel including, without limitation, the opinions relating to Borrower and this loan transaction as set forth on Schedule "1.40" attached hereto.
Opinion of Borrower's Counsel means 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.”
Opinion of Borrower's Counsel means the written legal opinions of Xxxxxx X. Xxxx, Xx., General Counsel to Borrower and its Subsidiaries, and Xxxxxx & Xxxxxx L.L.P., counsel to Borrower and its Subsidiaries, substantially in the form of Exhibit E, to be delivered pursuant to Section 3.01(a)(iv).
Examples of Opinion of Borrower's Counsel in a sentence
See opinion 6 of form HUD-91725M, Opinion of Borrower’s Counsel, as well as Section (1) of form HUD-92478M, Borrower’s Oath.
If the opinion letter is split into multiple opinion letters, ensure that together, they equate to the full opinion letter required by the Guide for Opinion of Borrower’s Counsel (HUD-91725-ORCF).
For owner-operated projects, this opinion is required in addition to the Opinion of Borrower’s Counsel (HUD-91725-ORCF).
The closing may not occur until KHC has received and approved a draft of the Opinion of Borrower’s Counsel and the agreement of owner’s counsel to issue the title policy, or if owner’s counsel is not issuing the title policy, the agreement of the title agent issuing the policy that the policy will be issued in conformance with the marked-up title commitment for title insurance provided to owner’s counsel.
C-1 EXHIBIT D -- Opinion of Borrower’s Counsel ....................................................................
More Definitions of Opinion of Borrower's Counsel
Opinion of Borrower's Counsel means an opinion from Borrower's counsel, dated the Effective Date and addressed to Lender, which opinion shall be in form and content reasonably satisfactory to Lender and shall include, but not be limited to, the following: (a) Borrower has the authority and capacity to enter into and perform under the Loan Documents; (b) this Agreement and all other Loan Documents executed by Borrower in connection herewith are valid and binding obligations against Borrower, fully enforceable in accordance with their respective terms under applicable laws; (c) there are, to Borrower's counsel's knowledge, no actions or proceedings pending or threatened in any court or governmental department or agency which would affect the validity of this Agreement or any other Loan Documents; (d) the delivery by Borrower of this Agreement and the other Loan Documents and compliance by Borrower with the terms of this Agreement and all other Loan Documents do not conflict with or violate the constituent documents of Borrower; and (e) Borrower is a duly formed and validly existing limited partnership under the laws of the State of Delaware.
Opinion of Borrower's Counsel means the favorable written legal opinion of Debevoise & Xxxxxxxx, special counsel to Borrower, substantially in the form of Exhibit H, together with copies of all factual certificates and legal opinions upon which such counsel has relied.
Opinion of Borrower's Counsel means an opinion rendered to the Lender by Borrower's counsel in a form acceptable to the Lender and its counsel. Organizational Agreement shall mean (a) in respect of a corporation, the Articles of Incorporation certified to a current date by the Secretary of State in which such corporation is incorporated and the Bylaws of a corporation certified to a current date as true and correct by the secretary or assistant secretary of a corporation; (b) in respect of a general partnership, a partnership agreement; (c) in respect of a joint venture, a joint venture agreement; (d) in respect of a limited partnership, a partnership agreement and the certificate of limited partnership certified to a current date by an appropriate Governmental Authority of the state in which the limited partnership is organized; (e) in respect of a trust, a trust agreement; and (f) in respect of a limited liability company, the Articles of Organization certified to a current date by the Secretary of State in which such limited liability company is organized and the Operating Agreement of the limited liability company certified to a current date as true and correct by the manager of the limited liability company. Par Lot Amount shall mean $11,163, which is the amount of the Loan divided by the number of Developed Lots. Partners shall mean all current general partners of the Borrower and shall include all additional and substitute general partners, if any, admitted to such general partnership pursuant to such Organizational Agreement as it may be amended or supplemented in accordance with this Agreement.
Opinion of Borrower's Counsel. The Lender shall have received a favorable written opinion of counsel for the Borrower, dated the date of the Loan and satisfactory in form and substance to the Lender, as to the matters referred to in Xxxxxxx 0, xxxxxx xxxxxxxxxxxxx (x), (x), (x), (1) and (o). Lender may also request a favorable written opinion of counsel for Inmold, dated the date of the Loan and satisfactory in favor and substance to the Lender.
Opinion of Borrower's Counsel means the opinion of Benexxx, Xxiexxxxxxx Xxxlxx & Xronxxx, XXP, as counsel to Borrower, a copy of which is attached hereto as EXHIBIT AF and incorporated herein by reference.
Opinion of Borrower's Counsel means the written legal opinion of Bearman ----------------------------- Xxxxxxxxx & Xxxxxxx Professional Corporation, legal counsel to Borrower and its Subsidiaries, substantially in the form attached hereto as Exhibit G, to be --------- delivered to the Agent pursuant to Section 3.01(a)(vi) of the Credit Agreement. -------------------
Opinion of Borrower's Counsel means the opinion of counsel for the Borrower in the form of Exhibit C hereto.