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Model Closing Opinion Letter (Annotated) - American Bar Association

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2 <strong>Model</strong> <strong>Closing</strong> <strong>Opinion</strong> <strong>Letter</strong> (<strong>Annotated</strong>)<br />

10. We hereby confirm to you that to our knowledge there<br />

are no actions or proceedings against the Company pending before<br />

any court, governmental agency or arbitrator, or overtly threatened<br />

in writing, that [(i)] seek to enjoin the performance of the<br />

Loan Documents [, or (ii) seek damages in excess of $___ from the<br />

Company {, or $___ in the case of any subsidiary of the Company}],<br />

except as disclosed in Schedule ___ to the Credit Agreement.<br />

[(A1) For purposes of this opinion letter, we have examined<br />

the following:<br />

118<br />

(i) the Credit Agreement;<br />

(ii) the [form of the] Notes;<br />

(iii) the Articles [Certificate] of Incorporation and all amendments<br />

thereto of the Company (the “Charter”);<br />

(iv) the Bylaws of the Company, as in effect from _________;<br />

(v) certified copies of resolutions of the Board of Directors of<br />

the Company relating to the Loan Documents;<br />

(vi) various certificates of public officials, and certificates of<br />

officers of the Company as to factual matters;<br />

(vii) documents furnished by the Company pursuant to Section<br />

__ of the Credit Agreement; and<br />

(viii) such other agreements, documents and records as we<br />

have deemed necessary as a basis for the opinions expressed<br />

below;<br />

and we have made such other investigation as we have deemed<br />

appropriate.]<br />

[(A2) For purposes of this opinion letter we have reviewed<br />

such documents and made such other investigation as we have<br />

deemed appropriate.]<br />

(B) As to certain matters of fact material to the opinions<br />

expressed herein,<br />

(B)(1) We have relied upon certificates of public officials and<br />

of officers of the Company [and others] with respect to the accuracy<br />

of factual matters contained therein, which we have not independently<br />

established.

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