Common use of Canadian Exemptions Representations, Acknowledgements and Warranties Clause in Contracts

Canadian Exemptions Representations, Acknowledgements and Warranties. (a) The Subscriber understands that it is purchasing the Subscribed for Flow-Through Shares pursuant to certain exemptions from the registration and prospectus requirements of applicable securities legislation in Canada (the “Canadian Securities Laws”) afforded by, without limitation, Sections 2.3 [Accredited Investors], 2.5 [Family, friends and business associates], and 2.7 [Family, friends and business associates (Ontario)] of NI 45-106 and, as a consequence, (A) certain rights, remedies and protections under securities legislation will not be available to the Subscriber in connection with the purchase of the Shares; (B) the Subscriber may not receive information that would otherwise be required to be provided to it under securities legislation; and (C) the Company is relieved from certain obligations that would otherwise apply under securities legislation; and

Appears in 1 contract

Samples: Representation Letter (Mogul Energy International, Inc.)

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Canadian Exemptions Representations, Acknowledgements and Warranties. (a) The Subscriber understands that it is purchasing the Subscribed for Flow-Through Shares pursuant to certain exemptions from the registration and prospectus requirements of applicable securities legislation in Canada (the “Canadian Securities Laws”) afforded by, without limitation, Sections 2.3 [Accredited Investors], 2.5 2.4 [FamilyPrivate Issuers], 2.5[Family, friends and business associates], and 2.7 [Family, friends and business associates (Ontario)] of NI 45-106 and, as a consequence, (A) certain rights, remedies and protections under securities legislation will not be available to the Subscriber in connection with the purchase of the Shares; (B) the Subscriber may not receive information that would otherwise be required to be provided to it under securities legislation; and (C) the Company is relieved from certain obligations that would otherwise apply under securities legislation; and;

Appears in 1 contract

Samples: Mogul Energy International, Inc.

Canadian Exemptions Representations, Acknowledgements and Warranties. (a) The Subscriber understands that it is purchasing the Subscribed for Flow-Through Shares pursuant to certain exemptions from the registration and prospectus requirements of applicable securities legislation in Canada (the “Canadian Securities Laws”) afforded by, without limitation, the following sections of NI 45-106: Sections 2.3 [Accredited InvestorsInvestor], 2.5 2.4 [FamilyPrivate Issuer], 2.5[Family, friends and business associates], and 2.7 [Family, friends and business associates (Ontario)] of NI 45-106 and, as a consequence, (A) certain rights, remedies and protections under securities legislation will not be available to the Subscriber in connection with the purchase of the Shares; (B) the Subscriber may not receive information that would otherwise be required to be provided to it under securities legislation; and (C) the Company is relieved from certain obligations that would otherwise apply under securities legislation; and;

Appears in 1 contract

Samples: Agreement (Mogul Energy International, Inc.)

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Canadian Exemptions Representations, Acknowledgements and Warranties. (ao) The Subscriber understands that it is purchasing the Subscribed for Flow-Through Shares Units pursuant to certain exemptions from the registration and prospectus requirements of applicable securities legislation in Canada (the “Canadian Securities Laws”) afforded by, without limitation, Sections 2.3 [Accredited InvestorsSubscribers], 2.5 [Family, friends and business associates], and 2.7 [Family, friends and business associates (Ontario)] of NI 45-106 and, as a consequence, (A) certain rights, remedies and protections under securities legislation will not be available to the Subscriber in connection with the purchase of the Shares; (B) the Subscriber may not receive information that would otherwise be required to be provided to it under securities legislation; and (C) the Company is relieved from certain obligations that would otherwise apply under securities legislation; and

Appears in 1 contract

Samples: Subscription Agreement (Mogul Energy International, Inc.)

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