Common use of Reliance, indemnity and notification of changes Clause in Contracts

Reliance, indemnity and notification of changes. The representations and warranties in this Subscription Agreement (including the first (cover) page and the other schedules and appendices incorporated by reference) are made by the Purchaser with the intent that they be relied upon by the Issuer in determining its suitability as a purchaser of the Securities, and the Purchaser hereby agrees to indemnify the Issuer and its directors, officers, agents and employees against all losses, claims, costs, expenses and damages or liabilities which any of them may suffer or incur as a result of reliance thereon. The Purchaser undertakes to notify the Issuer immediately of any change in any representation, warranty or other information relating to the Purchaser set forth in the Subscription Agreement (including the first (cover) page and the other schedules and appendices incorporated by reference) which takes place prior to the Closing.

Appears in 6 contracts

Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!