Residents of Other Jurisdictions. If the Subscriber is a resident of any jurisdiction not referred to in subsection 6(g) it complies with all requirements under applicable securities legislation and shall deliver to the Corporation such particulars of the exemption(s) and the Subscriber’s qualifications thereunder as the Corporation may reasonably request and it acknowledges that: (i) no securities commission or similar regulatory authority has reviewed or passed on the merits of the Common Shares; and (ii) there is no government or other insurance covering the Common Shares; and (iii) there are risks associated with the purchase of the Common Shares; and (iv) there are restrictions on the Subscriber’s (and if applicable, each beneficial purchaser for whom the Subscriber is contracting hereunder) ability to resell the Common Shares and it is the responsibility of the Subscriber (and if applicable, each beneficial purchaser for whom the Subscriber is contracting hereunder) to find out what those restrictions are and to comply with them before selling the Common Shares; and (v) the Corporation has advised the Subscriber that the Corporation is relying on exemptions from the requirements to provide the Subscriber with a prospectus under the applicable securities legislation of the province or territory in which the Subscriber is resident, and, as a consequence of acquiring Common Shares pursuant to these exemptions, certain protections, rights and remedies provided by the applicable securities legislation of the province or territory in which the Subscriber is resident, including statutory or contractual rights of rescission or damages, will not be available to the Subscriber; and
Appears in 2 contracts
Samples: Common Shares Subscription Agreement (Kodiak Energy, Inc.), Common Shares Subscription Agreement (Kodiak Energy, Inc.)
Residents of Other Jurisdictions. If the Subscriber is a resident of any jurisdiction not referred to in subsection 6(g7(g) it complies with all requirements under applicable securities legislation and shall deliver to the Corporation such particulars of the exemption(s) and the Subscriber’s qualifications thereunder as the Corporation may reasonably request and it acknowledges that:
(i) no securities commission or similar regulatory authority has reviewed or passed on the merits of the Common Flow-Through Shares; and
(ii) there is no government or other insurance covering the Common Flow-Through Shares; and
(iii) there are risks associated with the purchase of the Common Flow-Through Shares; and
(iv) there are restrictions on the Subscriber’s (and if applicable, each beneficial purchaser for whom the Subscriber is contracting hereunder) ability to resell the Common Flow-Through Shares and it is the responsibility of the Subscriber (and if applicable, each beneficial purchaser for whom the Subscriber is contracting hereunder) to find out what those restrictions are and to comply with them before selling the Common Flow-Through Shares; and
(v) the Corporation has advised the Subscriber that the Corporation is relying on exemptions from the requirements to provide the Subscriber with a prospectus under the applicable securities legislation of the province or territory in which the Subscriber is resident, and, as a consequence of acquiring Common Flow-Through Shares pursuant to these exemptions, certain protections, rights and remedies provided by the applicable securities legislation of the province or territory in which the Subscriber is resident, including statutory or contractual rights of rescission or damages, will not be available to the Subscriber; and
Appears in 2 contracts
Samples: Flow Through Subscription Agreement (Kodiak Energy, Inc.), Flow Through Subscription Agreement (Kodiak Energy, Inc.)