Proceeds of Crime. The funds representing the aggregate Purchase Price in respect of the Units that will be advanced by such Investor to the Company hereunder will not represent proceeds of crime for the purpose of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) (the “PCMLTF Act”), and such Investor acknowledges that the Company may in the future be required by law to disclose the Investor’s name and other information relating to this Agreement and such Investor’s subscription hereunder, on a confidential basis, pursuant to the PCMLTF Act; to the best of such Investor’s knowledge, none of the subscription funds to be provided hereunder (i) have been or will be obtained or derived, directly or indirectly, from or related to any activity that is deemed illegal under the laws of Canada or 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 such Investor. Such Investor shall promptly notify the Company if such Investor discovers that any such representation ceases to be true and shall provide the Company with appropriate information in connection therewith.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Olympus Pacific Minerals Inc), Securities Purchase Agreement (Olympus Pacific Minerals Inc)
Proceeds of Crime. The funds representing the aggregate Purchase Price in respect of the Units that which will be advanced by such the Investor to the Company hereunder will not represent proceeds of crime for the purpose of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) (the “PCMLTF Act”), ) and such the Investor acknowledges that the Company may in the future be required by law to disclose the Investor’s name and other information relating to this Agreement and such the Investor’s subscription hereunder, on a confidential basis, pursuant to the PCMLTF Act; to the best of such the Investor’s knowledge, none of the subscription funds to be provided hereunder (i) have been or will be obtained or derived, directly or indirectly, from or related to any activity that is deemed illegal under the laws of Canada or 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 such the Investor. Such ; the Investor shall promptly notify the Company if such the Investor discovers that any such representation ceases to be true true, and shall provide the Company with appropriate information in connection therewith.
Appears in 1 contract
Samples: Securities Purchase Agreement (Olympus Pacific Minerals Inc)
Proceeds of Crime. The funds representing the aggregate Purchase Price in respect of the Units that will be advanced by such the Investor to the Company hereunder will not represent proceeds of crime for the purpose of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) (the “PCMLTF Act”), and such the Investor acknowledges that the Company may in the future be required by law to disclose the Investor’s name and other information relating to this Agreement and such the Investor’s subscription hereunder, on a confidential basis, pursuant to the PCMLTF Act; to the best of such the Investor’s knowledge, none of the subscription funds to be provided hereunder (i) have been or will be obtained or derived, directly or indirectly, from or related to any activity that is deemed illegal under the laws of Canada or 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 such the Investor. Such The Investor shall promptly notify the Company if such the Investor discovers that any such representation ceases to be true and shall provide the Company with appropriate information in connection therewith.
Appears in 1 contract
Samples: Securities Purchase Agreement (Olympus Pacific Minerals Inc)