Acknowledgements, Representations and Warranties of the Purchaser Sample Clauses

Acknowledgements, Representations and Warranties of the Purchaser. 2.1 The Purchaser acknowledges, represents and warrants as of the date of this Agreement that the Purchaser is (check at least one): ¨ a director, officer, controlling shareholder or founder of the Issuer; ¨ a close personal friend or close business associate of a director, executive officer, controlling shareholder or founder of the Issuer; Length of Relationship: __________________________ Details of Relationship (attach additional sheets if necessary): __________________________­­­­­­­­­­­­­­­­______________________________ ¨ a spouse, parent, grandparent, brother, sister or child of a director, executive officer, founder or controlling shareholder of the Issuer; ¨ a parent, grandparent, brother, sister, or child of a spouse of a director, executive officer, founder or controlling shareholder of the Issuer; ¨ a company of which a majority of the voting securities are beneficially owned by, or a majority of the directors are, persons described above in this section; Length of Relationship: __________________________ Details of Relationship (attach additional sheets if necessary): __________________________­­­­­­­­­­­­­­­­______________________________ ¨ a person or entity that qualifies as an "accredited investor" as that term is defined in Canadian National Instrument 45-106 because he or she possesses: ▪ either alone or with a spouse, net assets of at least $5,000,000 ▪ an annual net income before taxes of more than $200,000 (or $300,000 together with a spouse) in each of the last 2 calendar years, and who reasonably expects to exceed that net income level this year ▪ either alone or with a spouse, net financial assets exceeding $1,000,000; ¨ a person or entity that otherwise qualifies as an "accredited investor" as that term is defined in Canadian National Instrument 45-106; or ¨ is investing a minimum amount of $150,000, paid in cash.
Sample 1
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Acknowledgements, Representations and Warranties of the Purchaser 
Sample 1

Related to Acknowledgements, Representations and Warranties of the Purchaser

  • Representations and Warranties of the Purchaser The Purchaser hereby represents and warrants to the Company as follows:

  • Representations and Warranties of the Purchasers Each Purchaser, for itself and for no other Purchaser, hereby represents and warrants as of the date hereof and as of the Closing Date to the Company as follows (unless as of a specific date therein, in which case they shall be accurate as of such date):

  • Representations and Warranties of the Vendor The Vendor hereby makes the following representations and warranties to the Purchaser and acknowledges that the Purchaser is relying on such representations and warranties in entering into this Agreement and completing the Transaction:

  • REPRESENTATIONS AND WARRANTIES OF THE VENDORS Each Vendor represents and warrants to the Purchaser, jointly and severally, as representations and warranties that are true at the date hereof, and acknowledges that the Purchaser is relying on each of the following representations and warranties in entering into this Agreement that:

  • REPRESENTATIONS AND WARRANTIES OF BUYERS Buyers represent and warrant to Sellers as follows:

  • Client Representations and Warranties You represent that you have the full legal power and authority to enter into this Agreement and that the terms of this Agreement do not violate any obligation or duty to which you are bound, whether arising out of contract, operation of law, or otherwise. If you are an entity (e.g., corporation, partnership, limited liability company, or trust), this Agreement has been duly authorized by the appropriate corporate or other action and when so executed and delivered shall be binding in accordance with its terms. You agree to promptly deliver such corporate resolution or other action authorizing this Agreement at our request. You acknowledge that you have provided us with the information set forth on the “Client Profile” (Exhibit C) and represent that such information is a complete and accurate representation of your financial position and of your investment needs, goals, objectives, and risk tolerance at the time of entering into this Agreement and warrant that you will promptly inform us in writing if and when such information becomes incomplete or inaccurate during the term of this Agreement. You also agree to provide us with any other information and/or documentation that we may request in furtherance of this Agreement or related to your investment needs, goals, objectives, and risk tolerance for the Account, either directly from you or through your designated attorney, accountant, or other professional advisers. You acknowledge that we are authorized to rely upon any information received from such attorney, accountant, or other professional adviser and are not required to verify the accuracy of the information.

  • REPRESENTATIONS AND WARRANTIES OF THE BUYERS The Buyers hereby represent and warrant to the Sellers as follows:

  • REPRESENTATIONS AND WARRANTIES OF BUYER Buyer represents and warrants to Seller as follows:

  • REPRESENTATIONS AND WARRANTIES OF THE BUYER The Buyer hereby represents and warrants to the Seller as follows:

  • Representations and Warranties of the Parties Each of the Parties hereby represents and warrants to each of the other Parties as follows:

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