Common use of SUBSCRIBERS PURCHASING UNDER THE MINIMUM AMOUNT INVESTMENT Clause in Contracts

SUBSCRIBERS PURCHASING UNDER THE MINIMUM AMOUNT INVESTMENT. (a) the Subscriber is not an individual as that term is defined in applicable Canadian securities laws, (b) the Subscriber is purchasing the Common Shares as principal for its own account and not for the benefit of any other person, (c) the Common Shares have an acquisition cost to the Subscriber of not less than $150,000, payable in cash at the Closing, and (d) the Subscriber was not created and is not being used solely to purchase or hold securities in reliance on the prospectus exemption provided under Section 2.10 of NI 45-106, it pre-existed the Offering and has a bona fide purpose other than investment in the Common Shares.

Appears in 4 contracts

Samples: Private Placement Subscription Agreement (McEwen Mining Inc.), Private Placement Subscription Agreement (McEwen Mining Inc.), Private Placement Subscription Agreement (McEwen Mining Inc.)

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SUBSCRIBERS PURCHASING UNDER THE MINIMUM AMOUNT INVESTMENT. (a) the Subscriber is not an individual “individual” as that term is defined in applicable Canadian securities laws, (b) the Subscriber is purchasing the Common Shares Securities as principal for its own account and not for the benefit of any other person, (c) the Common Shares Securities have an acquisition cost to the Subscriber of not less than $150,000, payable in cash at the Closing, and (d) the Subscriber was not created and is not being used solely to purchase or hold securities in reliance on the prospectus exemption provided under Section 2.10 of NI 45-106, it pre-existed the Offering and has a bona fide purpose other than investment in the Common SharesSecurities.

Appears in 2 contracts

Samples: Private Placement Subscription Agreement, Private Placement Subscription Agreement

SUBSCRIBERS PURCHASING UNDER THE MINIMUM AMOUNT INVESTMENT. (a) the Subscriber is not an individual “individual” as that term is defined in applicable Canadian securities laws, (b) the Subscriber is purchasing the Common Shares Units as principal for its own account and not for the benefit of any other person, (c) the Common Shares Units have an acquisition cost to the Subscriber of not less than $150,000, payable in cash at the Closing, and (d) the Subscriber was not created and is not being used solely to purchase or hold securities in reliance on the prospectus exemption provided under Section 2.10 of NI 45-106, it pre-existed the Offering and has a bona fide purpose other than investment in the Common SharesUnits.

Appears in 2 contracts

Samples: Private Placement Subscription Agreement (ALKALINE WATER Co INC), Private Placement Subscription Agreement

SUBSCRIBERS PURCHASING UNDER THE MINIMUM AMOUNT INVESTMENT. (a) the Subscriber is not an individual "individual" as that term is defined in applicable Canadian securities laws, (b) the Subscriber is purchasing the Common Shares Units as principal for its own account and not for the benefit of any other person, (c) the Common Shares Units have an acquisition cost to the Subscriber of not less than $150,000, payable in cash at the Closing, and (d) the Subscriber was not created and is not being used solely to purchase or hold securities in reliance on the prospectus exemption provided under Section 2.10 of NI 45-106, it pre-existed the Offering and has a bona fide purpose other than investment in the Common SharesUnits.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (ALKALINE WATER Co INC)

SUBSCRIBERS PURCHASING UNDER THE MINIMUM AMOUNT INVESTMENT. (a) the Subscriber is not an individual “individual” as that term is defined in applicable Canadian securities laws, (b) the Subscriber is purchasing the Common Shares Subscription Receipts as principal for its own account and not for the benefit of any other person, (c) the Common Shares Subscription Receipts have an acquisition cost to the Subscriber of not less than $150,000, payable in cash at the Closing, and (d) the Subscriber was not created and is not being used solely to purchase or hold securities in reliance on the prospectus exemption provided under Section 2.10 of NI 45-106, it pre-existed the Offering and has a bona fide purpose other than investment in the Common SharesSubscription Receipts.

Appears in 1 contract

Samples: Private Placement Subscription Agreement

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SUBSCRIBERS PURCHASING UNDER THE MINIMUM AMOUNT INVESTMENT. (a) the Subscriber is not an individual “individual” as that term is defined in applicable Canadian securities laws, (b) the Subscriber is purchasing the Common Shares Units as principal for its own account and not for the benefit of any other person, (c) the Common Shares Securities have an acquisition cost to the Subscriber of not less than $150,000, payable in cash at the Closing, and (d) the Subscriber was not created and is not being used solely to purchase or hold securities in reliance on the prospectus exemption provided under Section 2.10 of NI 45-106, it pre-existed the Offering and has a bona fide purpose other than investment in the Common SharesUnits.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Western Magnesium Corp.)

SUBSCRIBERS PURCHASING UNDER THE MINIMUM AMOUNT INVESTMENT. (a) the Subscriber is not an individual “individual” as that term is defined in applicable Canadian securities laws, (b) the Subscriber is purchasing the Common Shares Securities as principal for its own account and not for the benefit of any other person, (c) the Common Shares Securities have an acquisition cost to the Subscriber of not less than $C$150,000, payable in cash at the Closing, and (d) the Subscriber was not created and is not being used solely to purchase or hold securities in reliance on the prospectus exemption provided under Section 2.10 of NI 45-106, it pre-existed the Offering and has a bona fide purpose other than investment in the Common SharesSecurities.

Appears in 1 contract

Samples: Private Placement Subscription Agreement for Debentures (Global Crossing Airlines Group Inc.)

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