Common use of REPRESENTATIONS AND WARRANTIES WILL BE RELIED UPON Clause in Contracts

REPRESENTATIONS AND WARRANTIES WILL BE RELIED UPON. 7.1 The Subscriber acknowledges that its representations and warranties contained herein and in the Questionnaires are made by it with the intention that such representations and warranties will be relied upon by the Issuer and the Issuer’s Counsel in determining the Subscriber’s eligibility to purchase the Securities under applicable laws, or (if applicable) the eligibility of others on whose behalf it is contracting hereunder to purchase the Securities under applicable laws. The Subscriber further agrees that, by accepting delivery of the Note Certificate, it will be representing and warranting that its representations and warranties contained herein and in the Questionnaires are true and correct 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 will survive the purchase by the Subscriber of the Securities and will continue in full force and effect notwithstanding any subsequent disposition by the Subscriber of the Securities.

Appears in 5 contracts

Samples: Private Placement Subscription Agreement, Subscription Agreement (Icox Innovations Inc.), Subscription Agreement (Icox Innovations Inc.)

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REPRESENTATIONS AND WARRANTIES WILL BE RELIED UPON. 7.1 The Subscriber acknowledges that its representations and warranties contained herein and in the Questionnaires are made by it with the intention that such representations and warranties will be relied upon by the Issuer and the Issuer’s Counsel in determining the Subscriber’s eligibility to purchase the Securities under applicable laws, or (if applicable) the eligibility of others on whose behalf it is contracting hereunder to purchase the Securities under applicable laws. The Subscriber further agrees that, by accepting delivery of the Note Certificatecertificates representing the Debentures, it will be representing and warranting that its representations and warranties contained herein and in the Questionnaires are true and correct 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 will survive the purchase by the Subscriber of the Securities and will continue in full force and effect notwithstanding any subsequent disposition by the Subscriber of the Securities.

Appears in 1 contract

Samples: Subscription Agreement (Global Crossing Airlines Group Inc.)

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REPRESENTATIONS AND WARRANTIES WILL BE RELIED UPON. 7.1 The Subscriber acknowledges that its representations and warranties contained herein and in the Questionnaires are made by it with the intention that such representations and warranties will be relied upon by the Issuer and the Issuer’s Counsel in determining the Subscriber’s eligibility to purchase the Securities Shares under applicable laws, or (if applicable) the eligibility of others on whose behalf it is contracting hereunder to purchase the Securities Shares under applicable laws. The Subscriber further agrees that, by accepting delivery of the Note Certificatecertificate for the Shares, it will be representing and warranting that its representations and warranties contained herein and in the Questionnaires are true and correct 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 will survive the purchase by the Subscriber of the Securities Shares and will continue in full force and effect notwithstanding any subsequent disposition by the Subscriber of the SecuritiesShares.

Appears in 1 contract

Samples: Appcoin Innovations (AppCoin Innovations Inc.)

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