Common use of Compliance with Foreign Laws Clause in Contracts

Compliance with Foreign Laws. The Subscriber hereby represents that it has satisfied itself as to the full observance of the laws of the jurisdiction in which it resides in connection with its subscription for the Securities, including (i) the legal requirements within its jurisdiction for the purchase of the Securities, (ii) any foreign exchange restrictions applicable to such purchase, (iii) any governmental or other consents that may need to be obtained, and (iv) the income tax and other tax consequences, if any, that may be relevant to the purchase, holding, redemption, sale, or transfer of the Securities. The Subscriber’s subscription and payment for and continued beneficial ownership of the Securities will not violate any applicable securities or other laws of the Subscriber’s jurisdiction.

Appears in 4 contracts

Samples: Put Option Agreement (Healing Co Inc.), Securities Subscription Agreement (Healing Co Inc.), Securities Subscription Agreement (Healing Co Inc.)

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Compliance with Foreign Laws. The Subscriber hereby represents that it has satisfied itself as to the full observance of the laws of the jurisdiction in which it resides in connection with its subscription for the SecuritiesShares, including (i) the legal requirements within its jurisdiction for the purchase of the SecuritiesShares, (ii) any foreign exchange restrictions applicable to such purchase, (iii) any governmental or other consents that may need to be obtained, and (iv) the income tax and other tax consequences, if any, that may be relevant to the purchase, holding, redemption, sale, or transfer of the SecuritiesShares. The Subscriber’s subscription and payment for and continued beneficial ownership of the Securities Shares will not violate any applicable securities or other laws of the Subscriber’s jurisdiction.

Appears in 2 contracts

Samples: Common Stock Subscription Agreement (Aerkomm Inc.), Seed Preferred Stock Subscription Agreement (Healing Co Inc.)

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