Common use of Representation and conflict Clause in Contracts

Representation and conflict. It is hereby acknowledged by each of the parties hereto that Xxxxxx Xxxxx XxxXxxxx Law Corporation, Barristers and Solicitors, acts solely for the Company, and that the Subscriber has obtained independent legal advice with respect to its review and execution of this Agreement. It is hereby further acknowledged and agreed by the parties hereto that Xxxxxx Xxxxx XxxXxxxx Law Corporation, Barristers and Solicitors, and certain or all of its principal owners or associates, from time to time, may have both an economic or securities interest in the Company or its business and/or a position as a director, officer or similar relationship arising at the request of the Company to act in such capacity while acting for the Company as counsel. Any conflict or appearance of conflict is hereby waived and it is agreed that such does not give rise to a duty to the Subscriber and the Subscriber does not rely upon such solicitors for any purpose.