Common use of Illegal Use of Funds Clause in Contracts

Illegal Use of Funds. None of the funds being used to purchase the Purchased Shares are to the Purchaser’s or the Beneficial Purchaser’s, if any, knowledge proceeds obtained or derived directly or indirectly as a result of illegal activities. The funds being used to purchase the Purchased Shares which will be advanced by the Purchaser to the Company hereunder will not represent proceeds of crime for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) (the “PCMLTFA”) or the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (United States) (the “PATRIOT Act”) and the Purchaser acknowledges that the 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 hereunder, on a confidential basis, pursuant to the PCMLTFA and the PATRIOT Act. To the best of the Purchaser’s knowledge, none of the funds to be provided by the Purchaser or the Beneficial Purchaser, if any, are being tendered on behalf of a person or entity who has not been identified to the Purchaser, and the Purchaser shall promptly notify the Company if the Purchaser or the Beneficial Purchaser, if any, discovers that any of such representations cease to be true, and shall promptly provide the Company with all necessary information in connection therewith;

Appears in 4 contracts

Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement

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Illegal Use of Funds. None of the funds being used to purchase the Purchased Shares Purchaser’s Securities are to the Purchaser’s or knowledge of the Purchaser and each Beneficial Purchaser’s, if any, knowledge proceeds obtained or derived directly or indirectly as a result of illegal activities. The funds being used to purchase the Purchased Shares Purchaser’s Securities which will be advanced by the Purchaser to the Company hereunder will not represent proceeds of crime for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) (the “PCMLTFA”) or the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (United States) (the “PATRIOT Act”) and the Purchaser Purchaser, on its own behalf and on behalf of each Beneficial Purchaser, if any, acknowledges that the Company may in the future be required by law to disclose the Purchaser’s and any Beneficial Purchasers’ name and other information relating to this Subscription Agreement and the Purchaser’s subscription hereunder, on a confidential basis, pursuant to the PCMLTFA and the PATRIOT ActPCMLTFA. To the best of the Purchaser’s and each Beneficial Purchaser’s knowledge, none of the funds to be provided by the Purchaser or the a Beneficial Purchaser, if any, are is being tendered on behalf of a person or entity who has not been identified to the Purchaser, and the Purchaser shall promptly notify the Company if the Purchaser or the a Beneficial Purchaser, if any, discovers that any of such representations cease to be true, and shall promptly provide the Company with all necessary information in connection therewith;

Appears in 1 contract

Samples: Subscription Agreement (Neutron Enterprises Inc)

Illegal Use of Funds. None of the funds being used to purchase the Purchased Shares Purchaser’s Securities are to the Purchaser’s or knowledge of the Purchaser and each Beneficial Purchaser’s, if any, knowledge proceeds obtained or derived directly or indirectly as a result of illegal activities. The funds being used to purchase the Purchased Shares Purchaser’s Securities which will be advanced by the Purchaser to the Company hereunder will not represent proceeds of crime for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) (the “PCMLTFA”) or the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (United States) (the “PATRIOT Act”) and the Purchaser Purchaser, on its own behalf and on behalf of each Beneficial Purchaser, if any, acknowledges that the Company may in the future be required by law to disclose the Purchaser’s and any Beneficial Purchasers’ name and other information relating to this Subscription Agreement and the Purchaser’s subscription hereunder, on a confidential basis, pursuant to the PCMLTFA and the PATRIOT ActPCMLTFA. To the best of the Purchaser’s and each Beneficial Purchaser’s knowledge, none of the funds to be provided by the Purchaser or the a Beneficial Purchaser, if any, are is being tendered on behalf of a person or entity who has not been identified to the Purchaser, and the Purchaser shall promptly notify the Company if the Purchaser or the a Beneficial Purchaser, if any, discovers that any of such representations cease to be true, and shall promptly provide the Company with all necessary information in connection therewith;.

Appears in 1 contract

Samples: Subscription Agreement (Neutron Enterprises Inc)

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Illegal Use of Funds. None of the funds being used to purchase the Purchased Shares Securities are to the Purchaser’s or the Beneficial Purchaser’s, if any, knowledge proceeds obtained or derived directly or indirectly as a result of illegal activities. The funds being used to purchase the Purchased Shares Securities which will be advanced by the Purchaser to the Company hereunder will not represent proceeds of crime for the purposes of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) (the “PCMLTFA”) or the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (United States) (the “PATRIOT Patriot Act”) and the Purchaser acknowledges that the Company and the Agent 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 the PCMLTFA and the PATRIOT Patriot Act. To the best knowledge of the Purchaser’s knowledge, none of the funds to be provided by the Purchaser or the each Beneficial Purchaser, if any, are being tendered on behalf of a person or entity who has not been identified to the Purchaser, and the Purchaser shall promptly notify the Company and the Agent if the Purchaser or the each Beneficial Purchaser, if any, discovers that any of such representations cease to be true, and shall promptly provide the Company and the Agent with all necessary information in connection therewith;.

Appears in 1 contract

Samples: Agreement (JUVA LIFE INC./Canada)

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