Common use of Subscriber’s eligibility for subscription Clause in Contracts

Subscriber’s eligibility for subscription. The Subscriber acknowledges and warrants (and has made diligent inquiries to so determine or has the sophistication and knowledge to know his status without concern of error), on which the Company relies, that the Subscriber is purchasing the Shares on a private basis and without infraction of or impedance by his domicile laws due to one or more of the following: (a) is an eligible investor under the laws of the Subscriber’s domicile by virtue of the Subscriber’s wealth, income and investment knowledge and capacity; or (b) is subscribing for a value in Shares constituting an exempt investment under the laws of the Subscriber’s domicile; or (c) is an eligible investor under the Subscriber’s domicile laws.

Appears in 4 contracts

Sources: Subscription Agreement (Spectre Technology CORP), Subscription Agreement (Spectre Technology CORP), Subscription Agreement (Spectre Technology CORP)

Subscriber’s eligibility for subscription. The Subscriber acknowledges and warrants (and has made diligent inquiries to so determine or has the sophistication and knowledge to know his status without concern of error), on which the Company relies, that the Subscriber is purchasing the Shares Units on a private basis and without infraction of or impedance by his domicile laws due to one or more of the following: (a) is an eligible investor under the laws of the Subscriber’s domicile by virtue of the Subscriber’s wealth, income and investment knowledge and capacity; or (b) is subscribing for a value in Shares Units constituting an exempt investment under the laws of the Subscriber’s domicile; or (c) is an eligible investor under the Subscriber’s domicile laws.

Appears in 1 contract

Sources: Subscription Agreement (Pluris Energy Group Inc)

Subscriber’s eligibility for subscription. The Subscriber acknowledges and warrants (and has made diligent inquiries to so determine or has the sophistication and knowledge to know his status without concern of error), on which the Company relies, that the Subscriber is purchasing the Shares Units on a private basis and without infraction of or impedance by his domicile laws due to one or more of the following: (a) is an eligible investor under the laws of the Subscriber’s domicile by virtue of the Subscriber’s wealth, income and investment knowledge and capacity; or (b) is subscribing for a value in Shares Units constituting an exempt investment under the laws of the Subscriber’s domicile; or (c) is an eligible investor under the Subscriber’s domicile laws.

Appears in 1 contract

Sources: Subscription Agreement (Pluris Energy Group Inc)