Common use of Reliance Upon Representations, Warranties and Covenants Clause in Contracts

Reliance Upon Representations, Warranties and Covenants. The Purchaser acknowledges that the foregoing representations and warranties are made by it with the intent that they may be relied upon by the Company and its counsel in determining its eligibility to purchase the Units under the relevant securities laws. The Company and its counsel shall be entitled to rely on the representations and warranties of the Purchaser contained hereto and the Purchaser shall indemnify and hold harmless the Company and its counsel for any direct losses, claims, costs, expenses, damages or liabilities they may suffer or incur which are caused by or arise from, directly or indirectly, their reliance thereon.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Royal Energy Resources, Inc.), Securities Purchase Agreement (Rhino Resource Partners LP), Securities Purchase Agreement (Royal Energy Resources, Inc.)

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Reliance Upon Representations, Warranties and Covenants. The Purchaser acknowledges that the foregoing representations and warranties are made by it with the intent that they may be relied upon by the Company Issuer and its counsel in determining its eligibility to purchase the Units Shares under the relevant securities laws. The Company Issuer and its counsel shall be entitled to rely on the representations and warranties of the Purchaser contained hereto and the Purchaser shall indemnify and hold harmless the Company Issuer and its counsel for any direct losses, claims, costs, expenses, damages or liabilities they may suffer or incur which are caused by or arise from, directly or indirectly, their reliance thereon.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Bhatia Family Trust DTD), Securities Purchase Agreement (HealthWarehouse.com, Inc.), Securities Purchase Agreement (Spabra LTD)

Reliance Upon Representations, Warranties and Covenants. The Purchaser Subscriber acknowledges that the foregoing representations and warranties are made by it with the intent that they may be relied upon by the Company Issuer and its counsel in determining its eligibility to purchase the Units Shares under the relevant securities laws. The Company Issuer and its counsel shall be entitled to rely on the representations and warranties of the Purchaser Subscriber contained hereto and the Purchaser Subscriber shall indemnify and hold harmless the Company Issuer and its counsel for any direct losses, claims, costs, expenses, damages or liabilities they may suffer or incur which are caused by or arise from, directly or indirectly, their reliance thereon.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Nava Resources, Inc.)

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Reliance Upon Representations, Warranties and Covenants. The Purchaser Subscriber acknowledges that the foregoing representations and warranties are made by it with the intent that they may be relied upon by the Company Issuer and its counsel in determining its eligibility to purchase the Units Shares under the relevant securities laws. The Company Issuer and its counsel shall be entitled to rely on the representations and warranties of the Purchaser Subscriber contained hereto and the Purchaser Subscriber shall indemnify and hold harmless the Company Issuer and its counsel for any direct losses, claims, costs, expenses, damages or liabilities they may suffer or incur which are caused by or arise from, directly or indirectly, their reliance thereon.

Appears in 1 contract

Samples: Subscription Agreement (Gammon Gold Inc.)

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