Common use of Acknowledgment Regarding Buyer’s Purchase of the Convertible Debentures Clause in Contracts

Acknowledgment Regarding Buyer’s Purchase of the Convertible Debentures. The Company acknowledges and agrees that the Buyer is acting solely in the capacity of an arm's length purchaser with respect to this Agreement and the transactions contemplated hereby. The Company further acknowledges that the Buyer is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by the Buyer or any of their respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to the Buyer's purchase of the Convertible Debentures or the Conversion Shares. The Company further represents to the Buyer that the Company's decision to enter into this Agreement has been based solely on the independent evaluation by the Company and its representatives.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Smartire Systems Inc), Securities Purchase Agreement (Smartire Systems Inc)

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Acknowledgment Regarding Buyer’s Purchase of the Convertible Debentures. The Company acknowledges and agrees that the Buyer is acting solely in the capacity of an arm's ’s length purchaser with respect to this Agreement and the transactions contemplated hereby. The Company further acknowledges that the Buyer is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by the Buyer or any of their respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to the such Buyer's ’s purchase of the Convertible Debentures or the Conversion Shares. The Company further represents to the Buyer that the Company's ’s decision to enter into this Agreement has been based solely on the independent evaluation by the Company and its representatives.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Wherify Wireless Inc), Securities Purchase Agreement (Barnabus Energy, Inc.)

Acknowledgment Regarding Buyer’s Purchase of the Convertible Debentures. The Company acknowledges and agrees that the each Buyer is acting solely in the capacity of an arm's ’s length purchaser with respect to this Agreement and the transactions contemplated hereby. The Company further acknowledges that the each Buyer is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by the such Buyer or any of their respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to the such Buyer's ’s purchase of the Convertible Debentures Debentures, the Warrants, the Warrant Shares or the Conversion Shares. The Company further represents to the Buyer Buyers that the Company's ’s decision to enter into this Agreement has been based solely on the independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cromwell Uranium Corp.)

Acknowledgment Regarding Buyer’s Purchase of the Convertible Debentures. The Company acknowledges and agrees that the Buyer is Buyers are acting solely in the capacity of an arm's length purchaser with respect to this Agreement and the transactions contemplated hereby. The Company further acknowledges that the Buyer is Buyers are not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by the Buyer Buyers or any of their respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to the Buyer's such Buyers' purchase of the Convertible Debentures or the Conversion Shares. The Company further represents to the Buyer Buyers that the Company's decision to enter into this Agreement has been based solely on the independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (Smartire Systems Inc)

Acknowledgment Regarding Buyer’s Purchase of the Convertible Debentures. The Company acknowledges and agrees that the each Buyer is acting solely in the capacity of an arm's ’s length purchaser with respect to this Agreement and the transactions contemplated hereby. The Company further acknowledges that the each Buyer is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by the such Buyer or any of their respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to the such Buyer's ’s purchase of the Convertible Debentures Debentures, the Escrow Shares, the Warrants, the Warrant Shares or the Conversion Shares. The Company further represents to the Buyer Buyers that the Company's ’s decision to enter into this Agreement has been based solely on the independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (First Look Studios Inc)

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Acknowledgment Regarding Buyer’s Purchase of the Convertible Debentures. The Company acknowledges and agrees that the Buyer is acting solely in the capacity of an arm's ’s length purchaser with respect to this Agreement and the transactions contemplated hereby. The Company further acknowledges that the Buyer is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by the Buyer or any of their respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to the such Buyer's ’s purchase of the Convertible Debentures or the Conversion SharesSecurities. The Company further represents to the Buyer that the Company's ’s decision to enter into this Agreement has been based solely on the independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (Intellicell Biosciences, Inc.)

Acknowledgment Regarding Buyer’s Purchase of the Convertible Debentures. The Company acknowledges and agrees that the each Buyer is acting solely in the capacity of an arm's length purchaser with respect to this Agreement and the transactions contemplated hereby. The Company further acknowledges that the each Buyer is not acting as a financial advisor or fiduciary of the Company (or in any similar capacity) with respect to this Agreement and the transactions contemplated hereby and any advice given by the such Buyer or any of their respective representatives or agents in connection with this Agreement and the transactions contemplated hereby is merely incidental to the such Buyer's purchase of the Convertible Debentures Debentures, the Warrants, the Warrant Shares or the Conversion Shares. The Company further represents to the Buyer Buyers that the Company's decision to enter into this Agreement has been based solely on the independent evaluation by the Company and its representatives.

Appears in 1 contract

Samples: Securities Purchase Agreement (Foothills Resources Inc)

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