Common use of ELECTRONIC COMMERCE ACT Clause in Contracts

ELECTRONIC COMMERCE ACT. Pursuant to subsection 3(1) and any other relevant provisions of the Electronic Commerce Act, 2000 (Ontario), as amended (or any successor or similar legislation): (i) the Purchaser acknowledges and agrees to use and accept any information and/or document to be provided by the Vendor and/or the Vendor's Solicitors in respect of this transaction in an electronic form if, when and in the form provided by the Vendor and/or the Vendor's Solicitors; and (ii) the Purchaser acknowledges and agrees to provide to the Vendor and/or its solicitors any information and/or document required in respect of this transaction in an electronic form as, when and in the form required by the Vendor and/or the Vendor's Solicitors, in the Vendor's sole and unfettered discretion. This Agreement may be executed by the parties electronically by DocuSign or any other platform or method approved by the Vendor (provided that the Vendor, in its discretion, is satisfied with the purchaser verification protocols in connection with verifying the party utilizing the electronic form of signature) and exchanged in an electronic format pursuant to electronic mail, drop box or other form of electronic communication as may be determined by the Vendor in its discretion. The Purchaser(s) hereby covenant(s) and agree(s) to provide identification, including secondary forms of identification such as a passport and/or copies of utility or property tax bills bearing the Purchaser(s) name and address, for example, and participate in live video web conference calls with the Vendor’s sales staff and/or the co-operating broker, if applicable, over web conferencing platforms such as Zoom or any other platform approved by the Vendor, at the Vendor’s request. The Purchaser(s) may also be required to provide email verification confirming their identity. All copies of this Agreement executed and/or exchanged electronically may be relied upon to the same extent as if it were an original. The Vendor and the Purchaser covenant and agree, upon the request of the other, to provide an originally executed copy of this Agreement to the requesting party.