Representations, Warranties and Covenants of the Optionee. 3.1 The Optionee hereby represents and warrants to and covenants with the Company (which representations, warranties and covenants shall survive the closing) that:
Representations, Warranties and Covenants of the Optionee. 3. (a) The Optionee represents and warrants to and covenants with the Optionor that:
Representations, Warranties and Covenants of the Optionee. The Optionee hereby represents and warrants to and covenants with the Company (which representations, warranties and covenants shall survive the closing) that:
Representations, Warranties and Covenants of the Optionee. The Optionee represents, warrants and covenants to and with the Optionor that:
Representations, Warranties and Covenants of the Optionee. All representations and warranties made in this Agreement by the Optionee shall be true and correct in all respects on the date when made and on and as of the date of the Effective Time (the “Closing Date”) with the same effect as if made on and as of the Closing Date, and the Optionee shall have performed or complied in all respects with all covenants and agreements to be performed by the Optionee under this Agreement at or prior to the Closing Date.
Representations, Warranties and Covenants of the Optionee. 3. (a) The Optionee represents and warrants to and covenants with the Optionors that: (i) it has been duly incorporated, amalgamated or continued and validly exists as a corporation in good standing under the laws of its jurisdiction of incorporation, amalgamation or continuation; (ii) it is lawfully authorized to hold mineral claims and real property under the laws of the jurisdiction in which the Property is situate; (iii) it has duly obtained all corporate authorizations for the execution of this Agreement and for the performance of this Agreement by it, and the consummation of the transactions herein contemplated will not conflict with or result in any breach of any covenants or agreements contained in, or constitute a default under, or result in the creation of any encumbrance under the provisions of the Articles or the constating documents of the Optionee or any shareholders' or directors' resolution, indenture, agreement or other instrument whatsoever to which the Optionee is a party or by which it is bound or to which it or the Property may be subject; and (iv) no proceedings are pending for, and the Optionee is unaware of any basis for the institution of any proceedings leading to, the dissolution or winding up of the Optionee or the placing of the Optionee in bankruptcy or subject to any other laws governing the affairs of insolvent corporations.
Representations, Warranties and Covenants of the Optionee. (a) The Optionee represents and warrants to and covenants with the Optionor, with the knowledge that the Optionor relies upon same in altering into this Agreement, that: it has been duly incorporated, amalgamated or continued and validly exists as a corporation in good standing with respect to the filing of annual reports under the laws of its jurisdiction of incorporation, amalgamation or continuation; it is lawfully authorized to hold mineral claims and real property under the laws of the jurisdiction in which the Alberta Sun Property is situated; it has duly obtained all corporate authorizations for the execution of this Agreement and for the performance of this Agreement by it, and the consummation of the transactions herein contemplated will not conflict with or result in any breach of any covenants or agreements contained in, or constitute a default under, or result in the creation of any encumbrance under the provisions of the Articles or the constating documents of the Optionee or any shareholders' or directors' resolution, indenture, agreement or other instrument whatsoever to which the Optionee is a party or by which it is bound or to which it or the Alberta Sun Property may be subject; no proceedings are pending for, and the Optionee is unaware of any basis for the institution of any proceedings leading to the dissolution or winding up of the Optionee or the placing of the Optionee in bankruptcy or subject to any other laws governing the affairs of insolvent corporations; the Black Hawk Shares issuable to the Optionor pursuant to the terms hereof will, at the time of delivery, be duly authorized and validly allotted and issued as fully paid and non-assessable, free of any liens, charges or encumbrances; it will file registration statements with respect to the Black Hawk Shares issued and to be issued hereunder to the Optionor as soon as possible after the issuance of each tranche of Black Hawk Shares; as at the date hereof, and as of the date it issues each tranche of Black Hawk Shares pursuant to the terms hereof, after giving effect to the issuance of the Black Hawk Shares on each specific distribution date, residents of Canada do not and will not: own directly or indirectly more than ten (10%) percent of the total number of outstanding Black Hawk Shares; and represent in number more than ten (10%) percent of the total number of owners directly or indirectly of Black Hawk Shares. The representations, warranties and covenants contained in this ...
Representations, Warranties and Covenants of the Optionee. The Optionee and the Executive each represent, warrant and covenant to the Company, both as of the date hereof and upon exercise of this Stock Option from time to time, as follows:
Representations, Warranties and Covenants of the Optionee
Representations, Warranties and Covenants of the Optionee
