Common use of No Contractual Right of Action for Rescission Clause in Contracts

No Contractual Right of Action for Rescission. 10.1 The Subscriber acknowledges that it is purchasing the Securities issued hereunder pursuant to an exemption which does not require delivery to the Subscriber of an offering memorandum, that it will not receive any offering memorandum in connection with this Subscription Agreement and therefore is not entitled to contractual rights of action or rescission.

Appears in 5 contracts

Samples: Warrant Subscription Agreement (Modern Mining Technology Corp.), Common Share Subscription Agreement (Siyata Mobile Inc.), Unit Subscription Agreement

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No Contractual Right of Action for Rescission. 10.1 7.1 The Subscriber acknowledges that it is purchasing the Securities issued hereunder pursuant to an exemption which does not require delivery to the Subscriber of an offering memorandum, that it will not receive any offering memorandum a copy of the Offering Memorandum in connection with this Subscription Agreement and therefore is not entitled to contractual rights of action or rescissionaction.

Appears in 4 contracts

Samples: Trans Orient Petroleum LTD/, Trans Orient Petroleum LTD/, Trans Orient Petroleum LTD/

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No Contractual Right of Action for Rescission. 10.1 9.1 The Subscriber acknowledges that it is purchasing the Securities issued hereunder pursuant to an exemption which does not require delivery to the Subscriber of an offering memorandummemorandum or similar document, that it will not receive any offering memorandum in connection with this Subscription Agreement and therefore is not entitled to contractual rights of action or rescission.

Appears in 1 contract

Samples: Subscription Agreement (Offshore Systems International LTD)

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