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 Issuer and its counsel in determining its eligibility to purchase the Shares under the relevant securities laws. The 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 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.

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 Issuer Company and its counsel in determining its eligibility to purchase the Shares Units under the relevant securities laws. The Issuer 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 Issuer 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.

Reliance Upon Representations, Warranties and Covenants. The Purchaser Subscriber acknowledges that the foregoing representations representations, warranties agreements and warranties acknowledgments are made by it with the intent that they may be relied upon by the Issuer Company and its counsel in determining its eligibility to purchase the Shares Securities under the relevant securities lawsSecurities Laws. The Issuer Company and its counsel shall be entitled to rely on the representations representations, warranties, agreements and warranties acknowledgements of the Purchaser Subscriber contained hereto herein and the Purchaser Subscriber shall indemnify and hold harmless the Issuer 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.