VENDOR REPRESENTATION AND WARRANTIES. The Vendor represents and warrants to the Purchaser that:
VENDOR REPRESENTATION AND WARRANTIES. 3.1 Each of the Vendors acknowledges that any CVI Shares issued to it hereunder will be subject to certain resale restrictions under applicable securities law and the policies of the Canadian Venture Exchange. Each such Vendor also acknowledges that it has been advised to consult its own legal advisors with respect to applicable resale restrictions and that it is solely responsible for complying with such restrictions (and CVI is not in any manner responsible for ensuring compliance by any Vendor with such restrictions).
