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OSI COLLECTION SERVICES INC
·
S-1
Apr 9, 3:08 PM ET
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OSI COLLECTION SERVICES INC S-1
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Contents
15
A. SCOPE OF REVIEW AND RELIANCE
B. ASSUMPTIONS
(1) Each of the Georgia Documents is enforceable against each of the respective parties thereto;
(2) Each natural person acting on behalf of any party to the transaction contemplated by the Georgia Documents has sufficient legal competency to carry out such person’s role in such transaction;
(3) Each party will act in accordance with the terms and conditions of the Georgia Documents;
(4) There has been no mutual mistake of fact or fraud, undue influence or duress in connection with the Georgia Documents or the transactions contemplated thereby; and
(5) All documents presented to us as certified, photostatic, electronic or facsimile copies conform to the original documents.
C. OPINIONS
1. Based solely on a Certificate of Existence issued by the Secretary of State of Georgia on April 8, 2010, attached hereto, GaSub is a corporation validly existing under the laws of the State of Georgia.
2. GaSub:
3. The execution, delivery and issue, as the case may be, by GaSub of each of the Georgia Documents do not, and the performance by GaSub of its obligations under each of such Georgia Documents if it were now to perform them, would not, result in any violation of the articles of incorporation or by-laws of GaSub.
4. The execution, delivery and issue, as the case may be, by GaSub of each of the Georgia Documents do not, and the performance by GaSub of its obligations under each of such Georgia Documents if it were now to perform them would not, result in any violation of any present state law of the State of Georgia known to us to be applicable to GaSub.
D. LIMITATIONS AND QUALIFICATIONS
1. Our opinions are limited to the state laws of the State of Georgia.
2. In addition:
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