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

Reliance Upon Representations, Warranties and Covenants. The Purchaser acknowledges that the representations, warranties and covenants contained in this Subscription Agreement are made with the intent that they may be relied upon by the Agent and by the Corporation to, among other things, determine the Purchaser’s eligibility or (if applicable) the eligibility of others on whose behalf it is contracting hereunder to subscribe for the Purchased Shares. The Purchaser further agrees that by accepting the Purchased Shares, the Purchaser shall be representing and warranting that the foregoing representations and warranties are true as at the Closing Time with the same force and effect as if they had been made by the Purchaser at the Closing Time and that they shall survive the purchase by the Purchaser of the Purchased Shares and shall continue in full force and effect notwithstanding any subsequent disposition by it of any Purchased Shares.

Appears in 3 contracts

Samples: Subscription Agreement (Pathfinder Cell Therapy, Inc.), Subscription Agreement (SyntheMed, Inc.), Subscription Agreement (SyntheMed, Inc.)

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Reliance Upon Representations, Warranties and Covenants. The Purchaser acknowledges that the representations, warranties and covenants contained in this Subscription Agreement are made with the intent that they may be relied upon by the Agent and by the Corporation to, among other things, determine the Purchaser’s eligibility or (if applicable) the eligibility of others on whose behalf it is contracting hereunder to subscribe for the Purchased SharesUnits. The Purchaser further agrees that by accepting the Purchased SharesUnits (and the underlying securities), the Purchaser shall be representing and warranting that the foregoing representations and warranties are true as at the Closing Time with the same force and effect as if they had been made by the Purchaser at the Closing Time and that they shall survive the purchase by the Purchaser of the Purchased Shares Units and shall continue in full force and effect notwithstanding any subsequent disposition by it of any Purchased SharesUnits (or underlying securities).

Appears in 2 contracts

Samples: Subscription Agreement (SyntheMed, Inc.), Subscription Agreement (SyntheMed, Inc.)

Reliance Upon Representations, Warranties and Covenants. The Purchaser acknowledges that the representations, representations and warranties and covenants contained in this Subscription Agreement are made with the intent that they may be relied upon by the Agent and by the Corporation to, among other things, determine the Purchaser’s 's eligibility or (if applicable) the eligibility of others on whose behalf it is contracting hereunder to subscribe for the Purchased SharesUnits. The Purchaser further agrees that by accepting the Purchased SharesUnits, the Purchaser shall be representing and warranting that the foregoing representations and warranties are true as at the Closing Time with the same force and effect as if they had been made by the Purchaser at the Closing Time and that they shall survive the purchase by the Purchaser of the Purchased Shares Units and shall continue in full force and effect notwithstanding any subsequent disposition by it of any Preferred Shares, Series B Warrants or Additional Warrants comprising the Purchased SharesUnits.

Appears in 1 contract

Samples: Investor Rights Agreement (Life Medical Sciences Inc)

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Reliance Upon Representations, Warranties and Covenants. The Purchaser acknowledges that the representations, representations and warranties and covenants contained in this Subscription Agreement are made with the intent that they may be relied upon by the Agent and by the Corporation to, among other things, determine the Purchaser’s 's eligibility or (if applicable) the eligibility of others on whose behalf it is contracting hereunder to subscribe for the Purchased SharesUnits. The Purchaser further agrees that by accepting the Purchased SharesUnits, the Purchaser shall be representing and warranting that the foregoing representations and warranties are true as at the Closing Time with the same force and effect as if they had been made by the Purchaser at the Closing Time and that they shall survive the purchase by the Purchaser of the Purchased Shares Units and shall continue in full force and effect notwithstanding any subsequent disposition by it of any Preferred Shares, Short Term Warrants or Two Year Warrants comprising the Purchased SharesUnits.

Appears in 1 contract

Samples: Confidential Subscription Agreement (Life Medical Sciences Inc)

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