Common use of The Subscriber Clause in Contracts

The Subscriber. (a) is a resident of Manitoba, Northwest Territories, Nunavut, ▇▇▇▇▇▇ ▇▇▇▇▇▇ Island or Yukon, is subject to the Securities Laws of one of those jurisdictions and is purchasing more than $10,000 of Units; (b) is a resident of Alberta, New Brunswick, Nova Scotia, Ontario, Quebec or Saskatchewan, is subject to the Securities Laws of one of those jurisdictions and if the Subscriber is an individual, the acquisition cost of all securities acquired upon reliance on Section 2.9 of NI 45-106 by the Subscriber in the preceding twelve (12) months shall not exceed the following amounts: (i) $30,000; or (ii) $100,000 if the Subscriber has received advice from a portfolio manager, investment dealer or exempt market dealer that the investment is suitable; (c) is an “Eligible Investor” within the meaning of National Instrument 45-106 Prospectus Exemptions, by virtue of satisfying the indicated criterion as set out in Appendix 1 to this certificate (you must also initial Schedule A to this Certificate);