{"id":43836,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/opinion-letter-outside-counsel-f-3-registered-securities.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"opinion-letter-outside-counsel-f-3-registered-securities","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/securities\/opinion-letter-outside-counsel-f-3-registered-securities.html","title":{"rendered":"Opinion Letter &#8211; Outside Counsel &#8211; F-3 Registered Securities &#8211; Celestica Inc."},"content":{"rendered":"<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"50%\" valign=\"top\"><\/td>\n<td width=\"50%\" valign=\"top\">\n<p align=\"right\">Blake, Cassels &amp; Graydon LLP <br \/>\nBarristers &amp; Solicitors <br \/>\nPatent &amp; Trade-mark Agents <br \/>\n199 Bay Street <br \/>\nSuite 4000, Commerce Court West <br \/>\nToronto ON M5L 1A9 Canada <br \/>\nTel: 416-863-2400 Fax: 416-863-2653<\/p>\n<p align=\"right\">Reference: 57738\/17<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>November 14, 2011<\/p>\n<p>Celestica Inc. <br \/>\n844 Don Mills Road <br \/>\nToronto, Ontario M3C 1V7<\/p>\n<p>Re: Celestica Inc. <br \/>\nRegistration Statement on Form F-3<\/p>\n<p>Dear Sirs\/Mesdames:<\/p>\n<p>We have acted as Canadian counsel to Celestica Inc. (the &#8220;Company&#8221;) in<br \/>\nconnection with the Registration Statement on Form F-3 (the &#8220;Registration<br \/>\nStatement&#8221;) filed on November 14, 2011 by the Company with the U.S. Securities<br \/>\nand Exchange Commission (the &#8220;Commission&#8221;) under the U.S. Securities Act of<br \/>\n1933, as amended (the &#8220;Act&#8221;), relating to the registration by the Company for<br \/>\nits issue and sale from time to time of, among other securities, subordinate<br \/>\nvoting shares (the &#8220;SVS&#8221;) and preference shares (the &#8220;Preference Shares&#8221; and<br \/>\ntogether with the SVS, the &#8220;Securities&#8221;) in its capital.<\/p>\n<p>This opinion letter is being provided at the request of the Company. As<br \/>\nCanadian counsel for the Company, we have examined a copy of the Registration<br \/>\nStatement.<\/p>\n<p>We are solicitors qualified to practice law in the Province of Ontario and<br \/>\nthe opinions expressed herein relate only to the laws of the Province of Ontario<br \/>\nand the laws of Canada applicable therein as in effect on the date hereof.<\/p>\n<p>In connection with the opinions expressed in this opinion letter, we have<br \/>\nconsidered such questions of law, examined originals or copies of such statutes,<br \/>\nregulations, documents, records, certificates and instruments and conducted such<br \/>\nother examinations as we have considered necessary. In such examinations, we<br \/>\nhave assumed the legal capacity of all individuals, the genuineness of all<br \/>\nsignatures, the authenticity of all documents submitted to us as originals and<br \/>\nthe conformity to authentic original documents of all documents submitted to us<br \/>\nas certified, conformed, photostatic or facsimile copies.<\/p>\n<p>We have also assumed that at all relevant times:<\/p>\n<p>1. the Company is validly existing under the <em>Business Corporations Act<br \/>\n<\/em>(Ontario) and has the necessary corporate power and capacity to own its<br \/>\nproperty and assets and to carry on its business;<\/p>\n<p>2. the Company has the necessary corporate power and capacity to execute,<br \/>\ndeliver and perform its obligations under the terms and conditions of any<br \/>\npurchase, underwriting or other agreement,<\/p>\n<\/p>\n<p align=\"center\">\n<hr>\n<p><\/p>\n<\/p>\n<p>indenture or instrument relating to the Company153s creation, authentication,<br \/>\nissuance, sale and\/or delivery of the Securities to which the Company is party<br \/>\n(any such agreement, the &#8220;Agreement&#8221;);<\/p>\n<p>3. the Company has the necessary corporate power and capacity to authorize,<br \/>\ncreate, authenticate, validly issue, sell and deliver the Securities and perform<br \/>\nits obligations under the terms and conditions of the Securities;<\/p>\n<p>4. all necessary corporate action has been taken by the Company to duly<br \/>\nauthorize the execution and delivery by the Company of the Agreement and the<br \/>\nperformance of its obligations under the terms and conditions thereof;<\/p>\n<p>5. all necessary corporate action has been taken by the Company to duly<br \/>\nauthorize, create, authenticate, sell, deliver and validly issue the Securities<br \/>\nand to perform its obligations under the terms and conditions of the Securities;\n<\/p>\n<p>6. all necessary corporate action has been taken by the Company to duly<br \/>\nauthorize the terms of the offering of the Securities and related matters;<\/p>\n<p>7. the Agreement (i) has been duly authorized, executed and delivered by all<br \/>\nparties thereto and such parties had the capacity to do so; (ii) constitutes a<br \/>\nlegal, valid and binding obligation of all parties thereto; and (iii) is<br \/>\nenforceable in accordance with its terms against all parties thereto;<\/p>\n<p>8. the Securities have been duly authorized, created, authenticated, sold and<br \/>\ndelivered and validly issued by the Company and any other person signing or<br \/>\nauthenticating the Securities, as applicable;<\/p>\n<p>9. the terms of the offering of the Securities and related matters have been<br \/>\nduly authorized by the Company;<\/p>\n<p>10. the execution and delivery of the Agreement and the performance by the<br \/>\nCompany of its obligations under the terms and conditions thereunder do not and<br \/>\nwill not conflict with and do not and will not result in a breach of or default<br \/>\nunder, and do not and will not create a state of facts which, after notice or<br \/>\nlapse of time or both, will conflict with or result in a breach of or default<br \/>\nunder any of the terms or conditions of the articles or by-laws of the Company,<br \/>\nany resolutions of the Board of Directors or shareholders of the Company, any<br \/>\nagreement or obligation of the Company, or applicable law;<\/p>\n<p>11. the authorization, creation, authentication, sale, delivery and issuance<br \/>\nof the Securities and the Company153s performance of its obligations under the<br \/>\nterms and conditions of the Securities do not and will not conflict with and do<br \/>\nnot and will not result in a breach of or default under, and do not and will not<br \/>\ncreate a state of facts which, after notice or lapse of time or both, will<br \/>\nconflict with or result in a breach of or default under any of the terms or<br \/>\nconditions of the articles or by-laws of the Company, any resolutions of the<br \/>\nBoard of Directors or shareholders of the Company, any agreement or obligation<br \/>\nof the Company, or applicable law; and<\/p>\n<p>12. the terms of the offering of the Securities and related matters do not<br \/>\nand will not conflict with and do not and will not result in a breach of or<br \/>\ndefault under, and do not and will not create a state of facts which, after<br \/>\nnotice or lapse of time or both, will conflict with or result in a breach of or<br \/>\ndefault under any of the terms or conditions of the articles or by-laws of the<br \/>\nCompany, any resolutions of the Board of Directors or shareholders of the<br \/>\nCompany, any agreement or obligation of the Company, or applicable law.<\/p>\n<p>Based upon the foregoing, and subject to the qualifications, assumptions and<br \/>\nlimitations stated herein, we are of the opinion that, upon payment for the<br \/>\napplicable Securities provided for in the applicable Agreement and otherwise in<br \/>\naccordance with such Agreement, the Securities will be validly issued, fully<br \/>\npaid and non-assessable shares in the capital of the Company.<\/p>\n<\/p>\n<p align=\"center\">\n<p align=\"center\">2<\/p>\n<hr>\n<p><\/p>\n<\/p>\n<p>We hereby consent to the filing of this opinion letter as Exhibit 5.1 to the<br \/>\nRegistration Statement and to the use of our name under the caption &#8220;Legal<br \/>\nMatters&#8221; in the Prospectus included in the Registration Statement.<\/p>\n<table style=\"width: 100%; border-collapse: collapse;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"51%\" valign=\"top\"><\/td>\n<td width=\"48%\" valign=\"top\">\n<p>Yours very truly,<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"51%\" valign=\"top\"><\/td>\n<td width=\"48%\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td width=\"51%\" valign=\"top\"><\/td>\n<td width=\"48%\" valign=\"top\">\n<p>\/s\/ Blake, Cassels &amp; Graydon LLP<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"center\">3<\/p>\n<hr>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[7042],"corporate_contracts_industries":[9507],"corporate_contracts_types":[9629],"class_list":["post-43836","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-celestica-inc","corporate_contracts_industries-technology__equipment","corporate_contracts_types-securities"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/43836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=43836"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=43836"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=43836"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=43836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}