Common use of and Terrorist Financing Act Clause in Contracts

and Terrorist Financing Act. (Canada) and the Purchaser acknowledges that the Issuer may in the future be required by law to disclose the Purchaser’s name and other information relating to this Subscription Agreement and the Purchaser’s subscription hereunder, on a confidential basis, pursuant to such Act. To the best of its knowledge: (a) none of the subscription funds to be provided by the Purchaser (i) have been or will be derived from or related to any activity that is deemed criminal under the law of Canada, the United States, or any other jurisdiction, or (ii) are being tendered on behalf of a person or entity who has not been identified to the Purchaser; and (b) the Purchaser shall promptly notify the Issuer if the Purchaser discovers that any of such representations ceases to be true, and to provide the Issuer with appropriate information in connection therewith.

Appears in 6 contracts

Samples: Subscription Agreement (Lexaria Bioscience Corp.), Private Placement Subscription Agreement (Enertopia Corp.), Private Placement Subscription Agreement (Enertopia Corp.)

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and Terrorist Financing Act. (Canada) (the “PCMLTFA”) and the Purchaser acknowledges that the Issuer Company may in the future be required by law to disclose the Purchaser’s name and other information relating to this Subscription Agreement and the Purchaser’s subscription purchase hereunder, on a confidential basis, pursuant to such Actthe PCMLTFA. To the best of its the Purchaser’s knowledge: (a) , none of the subscription funds to be provided by representing the Purchaser Subscription Amount (i) have been or will be derived from or related to any activity that is deemed criminal under the law of Canada, the United StatesStates of America, or any other jurisdiction, or (ii) are being tendered on behalf of a person or entity who has not been identified to the Purchaser; and (b) the Purchaser . The Subscriber shall promptly notify the Issuer Company if the Purchaser discovers that any of such representations ceases to be true, and to shall provide the Issuer Company with appropriate information in connection therewith.

Appears in 1 contract

Samples: Securities Purchase Agreement (Searchlight Minerals Corp.)

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