Model Closing Opinion Letter (Annotated) - American Bar Association
Model Closing Opinion Letter (Annotated) - American Bar Association
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.