Borrower's Opinion Back-Up Certificate | Practical Law

Borrower's Opinion Back-Up Certificate | Practical Law

A form of a certificate to be furnished by a borrower to its outside legal counsel to support the legal opinion letter counsel delivers to the lenders in a loan transaction. This certificate includes certifications about the borrower's existence, material contracts, approvals and litigation, and its status as an investment company. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.

Borrower's Opinion Back-Up Certificate

Practical Law Standard Document 7-507-1890 (Approx. 11 pages)

Borrower's Opinion Back-Up Certificate

by Practical Law Finance
MaintainedUSA (National/Federal)
A form of a certificate to be furnished by a borrower to its outside legal counsel to support the legal opinion letter counsel delivers to the lenders in a loan transaction. This certificate includes certifications about the borrower's existence, material contracts, approvals and litigation, and its status as an investment company. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.