Issuer’s Covenants. 6.1 The Issuer covenants and agrees with the Purchaser as follows: (a) on the Closing Date, the Issuer will have taken all necessary steps to duly and validly create and issue the Securities as fully paid and non-assessable; (b) the Issuer has been duly incorporated and organized and is a valid and subsisting company under the laws of the State of Nevada; (c) the Issuer has the full corporate right, power and authority to execute this Subscription Agreement, and to issue the Securities to the Purchaser pursuant to the terms of this Subscription Agreement; and (d) this Subscription Agreement constitutes a binding and enforceable obligation of the Issuer, enforceable in accordance with its terms.
Appears in 5 contracts
Samples: Private Placement Subscription Agreement (Enertopia Corp.), Private Placement Subscription Agreement (Enertopia Corp.), Private Placement Subscription Agreement (Enertopia Corp.)
