Acknowledgements, Representations and Warranties of the Purchaser Sample Clauses

Acknowledgements, Representations and Warranties of the Purchaser. 2.1 The Purchaser acknowledges, represents and warrants as of the date of this Agreement that the Purchaser is (check at least one): ¨ a director, officer, controlling shareholder or founder of the Issuer; ¨ a close personal friend or close business associate of a director, executive officer, controlling shareholder or founder of the Issuer; Length of Relationship: __________________________ Details of Relationship (attach additional sheets if necessary): __________________________­­­­­­­­­­­­­­­­______________________________ ¨ a spouse, parent, grandparent, brother, sister or child of a director, executive officer, founder or controlling shareholder of the Issuer; ¨ a parent, grandparent, brother, sister, or child of a spouse of a director, executive officer, founder or controlling shareholder of the Issuer; ¨ a company of which a majority of the voting securities are beneficially owned by, or a majority of the directors are, persons described above in this section; Length of Relationship: __________________________ Details of Relationship (attach additional sheets if necessary): __________________________­­­­­­­­­­­­­­­­______________________________ ¨ a person or entity that qualifies as an "accredited investor" as that term is defined in Canadian National Instrument 45-106 because he or she possesses: ▪ either alone or with a spouse, net assets of at least $5,000,000 ▪ an annual net income before taxes of more than $200,000 (or $300,000 together with a spouse) in each of the last 2 calendar years, and who reasonably expects to exceed that net income level this year ▪ either alone or with a spouse, net financial assets exceeding $1,000,000; ¨ a person or entity that otherwise qualifies as an "accredited investor" as that term is defined in Canadian National Instrument 45-106; or ¨ is investing a minimum amount of $150,000, paid in cash.
Sample 1
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Acknowledgements, Representations and Warranties of the Purchaser 
Sample 1

Related to Acknowledgements, Representations and Warranties of the Purchaser

  • Representations and Warranties of the Purchaser As a material inducement to the Company to enter into this Agreement and issue and sell the Private Placement Warrants to the Purchaser, the Purchaser hereby represents and warrants to the Company (which representations and warranties shall survive each Closing Date) that:

  • Representations and Warranties of the Purchasers Each Purchaser, for itself and for no other Purchaser, hereby represents and warrants as of the date hereof and as of the Closing Date to the Company as follows (unless as of a specific date therein, in which case they shall be accurate as of such date):

  • Representations and Warranties of the Vendor The Vendor hereby makes the following representations and warranties to the Purchaser and acknowledges that the Purchaser is relying on such representations and warranties in entering into this Agreement and completing the Transaction:

  • REPRESENTATIONS AND WARRANTIES OF THE VENDORS The Vendors jointly and severally represent and warrant to the Purchaser the following, and acknowledge that the Purchaser is entitled to rely on such representations and warranties notwithstanding any due diligence investigation done by the Purchaser prior to the closing:

  • REPRESENTATIONS AND WARRANTIES OF BUYERS Buyers represent and warrant to Sellers as follows:

  • REPRESENTATIONS AND WARRANTIES OF THE BUYERS Each Buyer represents and warrants to the Sellers as follows:

  • REPRESENTATIONS AND WARRANTIES OF BUYER Buyer represents and warrants to Seller as follows:

  • REPRESENTATIONS AND WARRANTIES OF THE BUYER The Buyer represents and warrants to the Company that:

  • Representations and Warranties of the Parties Each of the Parties hereby represents and warrants to each of the other Parties as follows:

  • Investment Representations and Warranties The Purchaser understands and agrees that the offering and sale of the Securities has not been registered under the 1933 Act or any applicable state securities laws and is being made in reliance upon federal and state exemptions for transactions not involving a public offering which depend upon, among other things, the bona fide nature of the investment intent and the accuracy of the Purchaser’s representations as expressed herein.

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