STRATEGIC STORAGE TRUST VI, INC.
, 2021
Page 3
| E. | The Articles of Amendment and the Articles Supplementary, in substantially the form examined by us, shall have been timely filed with the SDAT in the form and manner prescribed by law. |
Based upon the foregoing, and subject to the assumptions, limitations, and qualifications stated in this Opinion, it is our opinion that the issuance of the Shares has been duly authorized and, when and if issued and delivered against payment therefor in accordance with the Resolutions, Charter, Articles of Amendment, Articles Supplementary, Subscription Agreement, the Registration Statement, and any applicable Blue Sky laws, the Shares will be validly issued, fully paid and non-assessable. No opinion is expressed in this Opinion as to any matter other than the legality of the Shares.
In addition to the assumptions, comments, qualifications, limitations, and exceptions set forth above, the opinions set forth in this Opinion are further limited by, subject to, and based upon the following assumptions, comments, qualifications, limitations, and exceptions:
The foregoing opinion is limited to the laws of the State of Maryland and we do not express any opinion in this Opinion concerning the laws of any other jurisdiction. We express no opinion as to compliance with any federal or state securities laws, including the securities laws of the State of Maryland. To the extent that any matter as to which our opinion is expressed in this Opinion would be governed by any jurisdiction other than the State of Maryland, we do not express any opinion on such matter.
The opinion expressed in this Opinion is limited to the matters specifically set forth in this Opinion and no other opinion shall be inferred beyond the matters expressly stated. The opinion set forth in this Opinion is made as of the date of this Opinion and is subject to, and may be limited by, future changes in factual matters, and we undertake no duty to advise you of the same. We assume no obligation to supplement this opinion if any applicable law changes by legislation, judicial decision, or otherwise after the date of this Opinion or if we become aware of any fact that might change the opinion expressed in this Opinion after the date of this Opinion.
The opinion contained in this Opinion may be limited by (a) applicable bankruptcy, insolvency, reorganization, receivership, moratorium, or similar laws affecting or relating to the rights and remedies of creditors generally including, without limitation, laws relating to fraudulent transfers or conveyances, preferences, and equitable subordination, (b) general principles of equity (regardless of whether considered in a proceeding in equity or at law), and (c) an implied covenant of good faith and fair dealing.
This opinion is being delivered by us in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the 1933 Act.
This opinion is being furnished to you for submission to the Commission as an exhibit to the Registration Statement. We assume no obligation to advise you of any changes in the foregoing subsequent to the date of this opinion.
We hereby consent to the filing of this opinion as Exhibit 5.1 to the Registration Statement and to the use of the name of our firm under the caption “Legal Matters” in the prospectus contained in the Registration Statement. In giving this consent, we do not admit that we are within the category of persons whose consent is required by Section 7 of the 1933 Act or the rules and regulations of the Commission promulgated thereunder.