Effect and Time of Representations. The representations, warranties and agreements made by Purchaser as set forth in this Subscription Agreement are true, and have been complied with, as of the date of the execution of this Subscription Agreement and shall be true, and shall have been complied with, until such time as the subscription is accepted or rejected. If in any respect such representations, warranties or agreements shall not be true, or shall not have been complied with, as of any date set forth in the preceding sentence, Purchaser will promptly give written notice of such fact to the Company and shall specify which representations, warranties or agreements are not true or have not been complied with, along with the reasons therefor. Purchaser acknowledges that the Company has relied and will rely upon Purchaser’s representations, warranties and agreements as set forth in this Subscription Agreement and that all such representations and agreements shall survive the issuance and delivery of the Securities hereunder and shall remain in effect thereafter. Purchaser hereby agrees and acknowledges that this subscription is irrevocable with respect to Purchaser and agrees and acknowledges that the agreements and representations herein set forth shall become effective and binding upon Purchaser and Purchaser’s heirs, legal representatives, successors and assigns upon the Company’s acceptance hereof.
Appears in 2 contracts
Samples: Subscription Agreement (Ocean Thermal Energy Corp), Subscription Agreement (Ocean Thermal Energy Corp)
Effect and Time of Representations. The representations, warranties and agreements made by Purchaser me as set forth in this Subscription Agreement are true, and have been complied with, as of the date of the execution of this Subscription Agreement and shall will be true, and shall will have been complied with, until such time as the subscription is accepted or rejected. If in any respect such representations, warranties or agreements shall are not be true, or shall have not have been complied with, as of any date set forth in the preceding sentence, Purchaser I will promptly give written notice of such fact to the Company and shall will specify which representations, warranties or agreements are not true or have not been complied with, along with the reasons therefor. Purchaser acknowledges I acknowledge that the Company has relied and will rely upon Purchaser’s my representations, warranties and agreements as set forth in this Subscription Agreement and that all such representations and agreements shall will survive the issuance and delivery of the Securities Shares hereunder and shall will remain in effect thereafter. Purchaser I hereby agrees agree and acknowledges acknowledge that this subscription is irrevocable with respect to Purchaser me and agrees agree and acknowledges acknowledge that the agreements and representations herein set forth shall will become effective and binding upon Purchaser me and Purchaser’s my heirs, legal representatives, successors and assigns upon the Company’s acceptance hereof.
Appears in 2 contracts
Samples: Subscription Agreement (T Bancshares, Inc.), Subscription Agreement (T Bancshares, Inc.)
Effect and Time of Representations. The representations, warranties and agreements made by Purchaser me as set forth in this Subscription Agreement are truetrue and correct, and have been complied with, as of the date of the execution of this Subscription Agreement and shall will be truetrue and correct, and shall will have been complied with, until such time as the subscription is accepted or rejected. If in any respect such representations, warranties or agreements shall are not be truetrue and correct, or shall have not have been complied with, as of any date set forth in the preceding sentence, Purchaser I will promptly give written notice of such fact to the Company and shall will specify which representations, warranties or agreements are not true and correct or have not been complied with, along with the reasons therefor. Purchaser acknowledges I acknowledge that the Company has relied and will rely upon Purchaser’s my representations, warranties and agreements as set forth in this Subscription Agreement and that all such representations and agreements shall will survive the issuance and delivery of the Securities Shares hereunder and shall will remain in effect thereafter. Purchaser I hereby agrees agree and acknowledges acknowledge that this subscription is irrevocable with respect to Purchaser me and agrees agree and acknowledges acknowledge that the agreements and representations herein set forth shall will become effective and binding upon Purchaser me and Purchaser’s my heirs, legal representatives, successors and assigns upon the Company’s acceptance hereof.
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