Illegal Use of Funds. None of the funds being used to purchase the Class F Units are to the knowledge of the Purchaser proceeds obtained or derived directly or indirectly as a result of illegal activities. The funds being used to purchase the Class F Units which will be advanced by the Purchaser to the Fund hereunder will not represent proceeds of crime for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) (the “PCMLTFA”) and the Purchaser acknowledges that the Fund may in the future be required by law to disclose the Purchaser’s name and other information relating to this Subscription Agreement and the Purchaser's subscription hereunder, on a confidential basis, pursuant to the PCMLTFA. To the best of its knowledge, none of the funds to be provided by the Purchaser (i) have been or will be derived from or related to any activity that is deemed criminal under the law of Canada, the United States, or any other jurisdiction, or (ii) are being tendered on behalf of a person or entity who has not been identified to the Purchaser. The Purchaser covenants to promptly notify the Fund if the Purchaser discovers that any of such representations ceases to be true, and to provide the Fund with appropriate information in connection therewith;
Appears in 1 contract
Samples: Subscription Agreement for Units
Illegal Use of Funds. None of the funds being used to purchase the Class F I Units are to the knowledge of the Purchaser proceeds obtained or derived directly or indirectly as a result of illegal activities. The funds being used to purchase the Class F I Units which will be advanced by the Purchaser to the Fund hereunder will not represent proceeds of crime for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) (the “PCMLTFA”) and the Purchaser acknowledges that the Fund may in the future be required by law to disclose the Purchaser’s name and other information relating to this Subscription Agreement and the Purchaser's subscription hereunder, on a confidential basis, pursuant to the PCMLTFA. To the best of its knowledge, none of the funds to be provided by the Purchaser (i) have been or will be derived from or related to any activity that is deemed criminal under the law of Canada, the United States, or any other jurisdiction, or (ii) are being tendered on behalf of a person or entity who has not been identified to the Purchaser. The Purchaser covenants to promptly notify the Fund if the Purchaser discovers that any of such representations ceases to be true, and to provide the Fund with appropriate information in connection therewith;
Appears in 1 contract
Samples: Subscription Agreement for Units
Illegal Use of Funds. None of the funds being used to purchase the Class F Units are to the knowledge of the Purchaser proceeds obtained or derived directly or indirectly as a result of illegal activities. The funds being used to purchase the Class F Units which will be advanced by the Purchaser to the Fund hereunder will not represent proceeds of crime for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) (the “PCMLTFA”) and the Purchaser acknowledges that the Fund may in the future be required by law to disclose the Purchaser’s name and other information relating to this Subscription Agreement and the Purchaser's ’s subscription hereunder, on a confidential basis, pursuant to the PCMLTFA. To the best of its knowledge, none of the funds to be provided by the Purchaser (i) have been or will be derived from or related to any activity that is deemed criminal under the law of Canada, the United States, or any other jurisdiction, or (ii) are being tendered on behalf of a person or entity who has not been identified to the Purchaser. The Purchaser covenants to promptly notify the Fund if the Purchaser discovers that any of such representations ceases to be true, and to provide the Fund with appropriate information in connection therewith;
Appears in 1 contract
Samples: Subscription Agreement
Illegal Use of Funds. None of the funds being used to purchase the Class F I Units are to the knowledge of the Purchaser proceeds obtained or derived directly or indirectly as a result of illegal activities. The funds being used to purchase the Class F I Units which will be advanced by the Purchaser to the Fund hereunder will not represent proceeds of crime for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) (the “PCMLTFA”) and the Purchaser acknowledges that the Fund may in the future be required by law to disclose the Purchaser’s name and other information relating to this Subscription Agreement and the Purchaser's ’s subscription hereunder, on a confidential basis, pursuant to the PCMLTFA. To the best of its knowledge, none of the funds to be provided by the Purchaser (i) have been or will be derived from or related to any activity that is deemed criminal under the law of Canada, the United States, or any other jurisdiction, or (ii) are being tendered on behalf of a person or entity who has not been identified to the Purchaser. The Purchaser covenants to promptly notify the Fund if the Purchaser discovers that any of such representations ceases to be true, and to provide the Fund with appropriate information in connection therewith;
Appears in 1 contract
Samples: Subscription Agreement