Common use of Entity Purchasers Clause in Contracts

Entity Purchasers. If PURCHASER is a partnership, corporation or trust, the person executing this Agreement on its behalf represents and warrants that: (i) He or she has made due inquiry to determine the truthfulness of the representations and warranties made pursuant to this Agreement. (ii) He or she is duly authorized (if the undersigned is a trust, by the trust agreement) to make this investment and to enter into and execute this Agreement on behalf of such entity.

Appears in 4 contracts

Sources: Offshore Securities Subscription Agreement (Female Health Co), Offshore Securities Subscription Agreement (Xoma Corp /De/), Offshore Securities Subscription Agreement (Immunogen Inc)

Entity Purchasers. If PURCHASER is a partnership, corporation limited liability company, limited liability partnership, corporation, trust, or trustsimilar entity, the person executing this Agreement on its behalf represents and warrants that: (i) He or she has made due inquiry to determine the truthfulness of the representations and warranties made pursuant to this Agreement. (ii) He or she is duly and validly authorized (if the undersigned is a trust, by the trust agreement) to make this investment and to enter into and execute this Agreement on behalf of such entity.

Appears in 1 contract

Sources: Offshore Securities Subscription Agreement (Big Smith Brands Inc)