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

REPRESENTATIONS AND WARRANTIES WILL BE RELIED UPON. 7.1 The Issuer and the Subscriber each acknowledge that the acknowledgements, representations and warranties made by it contained herein are made with the intention that they may be relied upon by the parties and their legal counsel in determining (i) the Subscriber's willingness to purchase the Shares and (ii) the Subscriber's eligibility to purchase the Shares under applicable securities legislation, or (if applicable) the eligibility of others on whose behalf it is contracting hereunder to purchase the Shares under applicable securities legislation. The Subscriber further agrees that by accepting delivery of the certificates representing the Shares, it will be representing and warranting that the acknowledgements, representations and warranties contained herein are true and correct as of the date hereof and will continue in full force and effect notwithstanding any subsequent disposition by the Subscriber of such Shares.

Appears in 4 contracts

Samples: Private Placement Subscription Agreement (Shackelford Pharma Inc.), Private Placement Subscription Agreement (Shackelford Pharma Inc.), Adoption Agreement (Naqi Logix Inc.)

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REPRESENTATIONS AND WARRANTIES WILL BE RELIED UPON. 7.1 The Issuer and the Subscriber each acknowledge that the acknowledgements, representations and warranties made by it contained herein are made with the intention that they may be relied upon by the parties and their legal counsel in determining (i) the Subscriber's ’s willingness to purchase the Shares and (ii) the Subscriber's ’s eligibility to purchase the Shares under applicable securities legislation, or (if applicable) the eligibility of others on whose behalf it is contracting hereunder to purchase the Shares under applicable securities legislation. The Subscriber further agrees that by accepting delivery of the certificates representing the Shares, it will be representing and warranting that the acknowledgements, representations representations, and warranties contained herein are true and correct as of the date hereof and will continue in full force and effect notwithstanding any subsequent disposition by the Subscriber of such Shares.

Appears in 2 contracts

Samples: Private Placement Subscription Agreement (Caary Capital Ltd.), Subscription Agreement (SciMar Ltd.)

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REPRESENTATIONS AND WARRANTIES WILL BE RELIED UPON. 7.1 The Issuer and the Subscriber each acknowledge that the acknowledgements, representations and warranties made by it contained herein are made with the intention that they may be relied upon by the parties and their legal counsel in determining (i) the Subscriber's ’s willingness to purchase the Shares and (ii) the Subscriber's ’s eligibility to purchase the Shares under applicable securities legislation, or (if applicable) the eligibility of others on whose behalf it is contracting hereunder to purchase the Shares under applicable securities legislation. The Subscriber further agrees that by accepting delivery of the certificates representing the Shares, it will be representing and warranting that the acknowledgements, representations representations, and warranties contained herein and in the Questionnaires and other supporting documents provided by the Subscriber are true and correct as of the date hereof and will continue in full force and effect notwithstanding any subsequent disposition by the Subscriber of such Shares.

Appears in 1 contract

Samples: Subscription Agreement (SciMar Ltd.)

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