Asbury Automotive Group, Inc.
August 14, 2020
Page 3
In giving the opinions set forth below, we have assumed the following facts that we do not know to be true:
A. All documents, certificates and instruments submitted to us as originals are authentic, and all documents, certificates and instruments submitted to us as certified, photostatic or pdf copies conform to the original documents, certificates and instruments which are themselves authentic.
B. We have not witnessed the execution or delivery of any of the Indentures or any other document executed pursuant thereto by any party. Accordingly, we have assumed that the signatures of the persons executing such documents on behalf of each party thereto and acknowledging any signatures are genuine. Further, we have assumed that all natural persons signing documents submitted to us were at the time of signing legally competent to do so.
C. Any certificate, representation, other confirmation or other document on which we have relied that was given or dated on or prior to the date hereof continues to remain accurate, insofar as relevant to our opinions from such earlier date through and including the date of this letter.
D. All minutes, written consents, organizational documents and related records provided to us for examination are accurate and complete and have not been repealed, revoked, rescinded or amended in any respect, and each remains in full force and effect as of the date hereof. Specifically, we have assumed that the Crown Acura Organizational Documents and the Crown Honda Organizational Documents (collectively, the “Organizational Documents”) are the current organizational documents for the North Carolina Subsidiaries, are accurate and complete and in full force and effect, and that none of the Organizational Documents nor the Written Consent have been amended, modified, altered, repealed, rescinded, revoked or terminated in any fashion.
E. All certificates and approvals of public officials have been properly given and were accurate and complete when given and remain accurate and complete on the date of this letter.
Based upon the foregoing, and subject to the limitations and qualifications expressed herein, we are of the opinion that:
1. Based solely upon the Crown Acura Certificate of Existence, Crown Acura/Nissan, LLC is a limited liability company in existence under the laws of the State of North Carolina. Based solely upon the Crown Honda Certificate of Existence, Crown Honda, LLC is a limited liability company in existence under the laws of the State of North Carolina.
2. Each of the North Carolina Subsidiaries has all requisite limited liability company power and authority to perform its obligations under the Indentures, including the Subsidiary Guarantees contained therein.