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

Reliance Upon Representations, Warranties and Covenants. The Subscriber acknowledges that the representations and warranties and covenants and acknowledgements contained in this Agreement are made with the intent that they may be relied upon by the Corporation in determining the Subscriber’s eligibility to purchase the Units and the Subscriber hereby agrees to indemnify the Corporation against all losses, claims, costs, expenses and damages or liabilities which it may suffer or incur caused or arising from its reliance thereon. The Subscriber further agrees that by accepting the Units the Subscriber shall be representing and warranting that the foregoing representations and warranties are true as at the Closing Date with the same force and effect as if they had been made by the Subscriber on the Closing Date and that they shall survive the purchase by the Subscriber of the Units and shall continue in full force and effect notwithstanding any subsequent disposition by the Subscriber of any of the Units.

Appears in 5 contracts

Samples: Geopetro Resources Company (Geopetro Resources Co), Geopetro Resources Company (Geopetro Resources Co), Geopetro Resources Company (Geopetro Resources Co)

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Reliance Upon Representations, Warranties and Covenants. The Subscriber acknowledges that the representations and warranties and covenants and acknowledgements contained in this Agreement are made with the intent that they may be relied upon by the Corporation Company and the Agent in determining the Subscriber’s its eligibility to purchase the Units Special Warrants and the Subscriber hereby agrees to indemnify the Corporation Company and the Agent against all losses, claims, costs, expenses and damages or liabilities which it they may suffer or incur that are caused by or arising arise from its the reliance thereonthereon by the Company and the Agent. The Subscriber further agrees that by accepting the Units Special Warrants the Subscriber shall be representing and warranting that the foregoing representations and warranties are true as at the Closing Date with the same force and effect as if they had been made by the Subscriber on at the Closing Date and that they shall survive the purchase by the Subscriber of the Units Special Warrants and shall continue in full force and effect notwithstanding any subsequent disposition by the Subscriber of any of the UnitsSpecial Warrants or the Shares.

Appears in 1 contract

Samples: Subscription Agreement (Genetronics Biomedical LTD)

Reliance Upon Representations, Warranties and Covenants. 8.1 The Subscriber acknowledges that the representations and warranties and covenants and acknowledgements contained in this Agreement are made with the intent that they may be relied upon by the Corporation in determining the Subscriber’s 's eligibility to purchase the Units and the Subscriber hereby agrees to indemnify the Corporation against all losses, claims, costs, expenses and damages or liabilities which it may suffer or incur caused or arising from its reliance thereon. The Subscriber further agrees that by accepting the Units the Subscriber shall be representing and warranting that the foregoing representations and warranties are true as at the date of AERA Closing Date with the same force and effect as if they had been made by the Subscriber on the date of AERA Closing Date and that they shall survive the purchase by the Subscriber of the Units and shall continue in full force and effect notwithstanding any subsequent disposition by the Subscriber of any of the UnitsSecurities.

Appears in 1 contract

Samples: Pacific Energy Resources LTD

Reliance Upon Representations, Warranties and Covenants. 8.1 The Subscriber acknowledges that the representations and warranties and covenants and acknowledgements acknowledgments contained in this Agreement are made with the intent that they may be relied upon by the Corporation in determining the Subscriber’s 's eligibility to purchase the Units Securities and the Subscriber hereby agrees to indemnify the Corporation against all losses, claims, costs, expenses and damages or liabilities which it may suffer or incur caused or arising from its reliance thereon. The Subscriber further agrees that by accepting the Units Securities, the Subscriber shall be representing and warranting that the foregoing representations and warranties are true as at the date of Closing Date and as at the dates of exercise of the Warrants, with the same force and effect as if they had been made by the Subscriber on the Closing Date each such date, and that they shall survive the purchase by the Subscriber of the Units Securities and shall continue in full force and effect notwithstanding any subsequent disposition by the Subscriber of any of the UnitsSecurities .

Appears in 1 contract

Samples: Pacific Energy Resources LTD

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Reliance Upon Representations, Warranties and Covenants. 8.1 The Subscriber acknowledges that the representations and warranties and covenants and acknowledgements contained in this Agreement are made with the intent that they may be relied upon by the Corporation in determining the Subscriber’s 's eligibility to purchase the Units Securities and the Subscriber hereby agrees to indemnify the Corporation against all losses, claims, costs, expenses and damages or liabilities which it may suffer or incur caused or arising from its reliance thereon. The Subscriber further agrees that by accepting the Units Securities the Subscriber shall be representing and warranting that the foregoing representations and warranties are true as at the date of Closing Date and as at the dates of exercise of the Warrants, with the same force and effect as if they had been made by the Subscriber on the Closing Date each such date, and that they shall survive the purchase by the Subscriber of the Units Securities and shall continue in full force and effect notwithstanding any subsequent disposition by the Subscriber of any of the UnitsSecurities.

Appears in 1 contract

Samples: Pacific Energy Resources LTD

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