Common use of Covenants, Agreements and Acknowledgments Clause in Contracts

Covenants, Agreements and Acknowledgments. 3.1 The Purchaser covenants and agrees with the Company to: (a) concurrent with the execution of this Agreement, fully complete and execute the TSE questionnaire and, if the Purchaser is an individual (which means a natural person, but does not include a partnership, unincorporated association, unincorporated syndicate, unincorporated organization or trust, or a natural person in his capacity as a trustee, executor, administrator or personal or other legal representative), the Form 20A scheduled to this Agreement; and (b) hold and not sell, transfer or in any manner dispose of the Shares prior to midnight on the first anniversary of the Effective Date unless the Purchaser has obtained the prior written consent of the TSE to the sale, transfer or disposition, and the sale, transfer or disposition is made in accordance with all applicable Securities Rules. 3.2 The Purchaser acknowledges and agrees that the Shares will be subject to such trade restrictions as may be imposed by operation of the applicable Securities Rules, and the share certificate or certificates representing the Shares will bear such legends as may be required by the applicable Securities Rules and by the rules and policies of the TSE. 3.3 The Company covenants and agrees with the Purchaser to: (a) file the documents necessary to be filed under the applicable Securities Rules, including Forms 20 (or the forms equivalent thereto), within the required time; and (b) use its best efforts to obtain Regulatory Approval prior to the deadline referred to herein.

Appears in 3 contracts

Samples: Subscription Agreement (Optima Petroleum Corp), Subscription Agreement (Optima Petroleum Corp), Subscription Agreement (Optima Petroleum Corp)

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Covenants, Agreements and Acknowledgments. 3.1 The Purchaser covenants and agrees with the Company to: (a) concurrent with the execution of this Agreement, fully complete and execute the TSE questionnaire and, if the Purchaser is an individual (which means a natural person, but does not include a partnership, unincorporated association, unincorporated syndicate, unincorporated organization or trust, or a natural person in his capacity as a trustee, executor, administrator or personal or other legal representative), the Form 20A scheduled to this Agreementquestionnaire; and (b) hold and not sell, transfer or in any manner dispose of the Securities or Shares prior to midnight on for a period of six months from the first anniversary Closing Date (or twelve months, in the case of the Effective Date a Purchaser resident in Ontario) unless the Purchaser has obtained the prior written consent of the TSE or any other regulatory body having jurisdiction to the sale, transfer or disposition, and the sale, transfer or disposition is made in accordance with all applicable Securities Rules. 3.2 The Purchaser acknowledges and agrees that the Securities and Shares will be subject to such trade restrictions as may be imposed by operation of the applicable Securities Rules, and the Securities, share certificate or certificates representing the Shares will bear such legends as may be required by the applicable Securities Rules and by the rules and policies of the TSE. The Purchaser further acknowledges and agrees that it is the Purchaser's obligation to comply with the trade restrictions in all of the applicable jurisdictions and the Company offers no advice as to those trade restrictions except those applying in the jurisdictions in which the Company is a reporting issuer as set out in subparagraph 1.2(b) above. 3.3 The Company covenants and agrees with the Purchaser to: (a) file the documents necessary to be filed under the applicable Securities Rules, including Forms 20 (or the forms equivalent thereto), within the required time; and (b) use its best efforts to obtain Regulatory Approval prior to the deadline referred to herein.

Appears in 1 contract

Samples: Subscription Agreement (Bottin International Investments LTD)

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