Beneficial Purchaser definition

Beneficial Purchaser means a person for whom the Subscriber is acting in purchasing the Shares who will be the beneficial owner of the Securities within the meaning attributed to it by Rule 13d-3 adopted by the SEC under the 1934 Act;

Beneficial Purchaser means a person for whom the Subscriber is acting in purchasing the Units who will be the beneficial owner of the Securities within the meaning attributed to it by Rule 13d-3 adopted by the SEC under the 1934 Act;

Beneficial Purchaser has the meaning ascribed to such term on the face page of this Subscription Agreement;

Examples of Beneficial Purchaser in a sentence

• The Purchaser and each Beneficial Purchaser, if any, acknowledges and agrees that the acceptance of this offer will be conditional upon the issue and sale of the Units to the Purchaser and each Beneficial Purchaser, if any, being exempt from the requirement to file a prospectus or deliver an offering memorandum or any similar document under the Securities Laws and the equivalent provisions of securities laws of any other applicable jurisdiction.

• The Purchaser acknowledges and agrees (on its own behalf and, if applicable, on behalf of each Beneficial Purchaser) that the Units subscribed for by it hereunder form part of a larger brokered offering of an aggregate of 12,000 Units (the “Offering”).

• The Purchaser acknowledges that this Subscription Agreement requires the Purchaser to provide to the Company and the Agent certain Personal Information relating to the Purchaser and each Beneficial Purchaser, if any.

• The Purchaser and each Beneficial Purchaser, if any, acknowledges its consent and requests that all documents evidencing or relating in any way to its purchase of Units be drawn up in the English language only.

• The Purchaser acknowledges (on its own behalf and, if applicable, on behalf of each Beneficial Purchaser) that the Agent has been engaged by the Company to act as agent to the Company in connection with the Offering.

• The Purchaser and each Beneficial Purchaser, if any, has such knowledge and experience in financial and business affairs as to be capable of evaluating the merits and risks of the investment hereunder in the Units and is able to bear the economic risk of total loss of such investment.

• The Purchaser represents and warrants that it has the authority to provide the consents and acknowledgements set out in this paragraph on behalf of each Beneficial Purchaser, if any, for which the Purchaser is contracting hereunder.

• The Company shall be entitled to rely on delivery by portable document format of an executed copy of this Subscription Agreement, including the completed schedules attached hereto, and acceptance by the Company of such portable document format copy shall be legally effective to create a valid and binding agreement between the Purchaser and each Beneficial Purchaser, if any, and the Company in accordance with the terms hereof.

• The Purchaser and each Beneficial Purchaser, if any, acknowledge and agree that the Agent will have the benefit of all of the representations and warranties provided by, to or for the benefit of the Purchaser and Beneficial Purchaser under this Subscription Agreement.

• If the Offering does not close, the Purchaser and each Beneficial Purchaser, if any, understands that any funds, certified cheques and bank drafts delivered by the Purchaser representing the aggregate Purchase Price for Units will be promptly returned to the Purchaser without interest or deduction.

More Definitions of Beneficial Purchaser

Beneficial Purchaser has the meaning ascribed thereto on page 1 of this Subscription Agreement;

Beneficial Purchaser means each Person, other than Buyer (solely in its capacity as agent for the Beneficial Purchasers under the Transaction Documents), that is party to the Co-Purchaser Agreement.