Document ID: 16802

Text:
In connection with the foregoing, we advise you that a member of the Commissions staff has advised us by telephone that the Commission has entered an order declaring the Registration Statement effective under the Securities Act at ____ [a.m.][p.m.] on [___], 2017, and we have no knowledge, after telephonic inquiry of a member of the staff, that any stop order suspending its effectiveness has been issued or that any proceedings for that purpose are pending before, or threatened by, the Commission and the Registrable Securities are available for resale under the Securities Act pursuant to the Registration Statement. Based upon the foregoing, we are of the opinion that as of the date of this opinion, the Registrable Securities have been duly authorized and, when issued by you, will be validly issued, fully paid and non-assessable, and are registered for resale under the Securities Act under the effective Registration Statement and may be issued without a restrictive legend.

Named Entities:
35
36
Act

Tokenized Text:
In
connection
with
the
foregoing
,
we
advise
you
that
a
member
of
the
Commissions
staff
has
advised
us
by
telephone
that
the
Commission
has
entered
an
order
declaring
the
Registration
Statement
effective
under
the
Securities
Act
at
____
[
a
.
m
.
]
[
p
.
m
.
]
on
[
___
]
,
2017
,
and
we
have
no
knowledge
,
after
telephonic
inquiry
of
a
member
of
the
staff
,
that
any
stop
order
suspending
its
effectiveness
has
been
issued
or
that
any
proceedings
for
that
purpose
are
pending
before
,
or
threatened
by
,
the
Commission
and
the
Registrable
Securities
are
available
for
resale
under
the
Securities
Act
pursuant
to
the
Registration
Statement
.
Based
upon
the
foregoing
,
we
are
of
the
opinion
that
as
of
the
date
of
this
opinion
,
the
Registrable
Securities
have
been
duly
authorized
and
,
when
issued
by
you
,
will
be
validly
issued
,
fully
paid
and
non-assessable
,
and
are
registered
for
resale
under
the
Securities
Act
under
the
effective
Registration
Statement
and
may
be
issued
without
a
restrictive
legend
.