Common use of WARRANTIES GIVEN BY YOU Clause in Contracts

WARRANTIES GIVEN BY YOU. 12.1 You warrant in favour of YeboYethu that: 12.1.1 You are an Eligible Person; 12.1.2 You will be the Beneficial Owner of Your YeboYethu Ordinary Shares or the YeboYethu Ordinary Shares will be registered in Your name as an Own Name Client, as the case may be; 12.1.3 each warranty provided by You in clauses 12.1.1 and 12.1.2 is and will be true from the date that You acquire Your YeboYethu Ordinary Shares and: 12.1.3.1 in respect of the warranty provided by You in clause 12.1.1, it will continue to be true for so long as You hold YeboYethu Ordinary Shares; and 12.1.3.2 in respect of the warranty provided by You in clause 12.1.2, it will continue to be true for so long as You hold Your YeboYethu Ordinary Shares as Beneficial Owner or Own Name Client, as the case may be. 12.2 You acknowledge that YeboYethu will rely on the truth and completeness of the above warranties when recording Your details as the Beneficial Owner of YeboYethu Ordinary Shares or an Own Name Client, as the case may be. 12.3 The warranties given by You in clause 12.1 are material. You undertake in favour of YeboYethu that, while Your YeboYethu Ordinary Shares are Beneficially Owned by You or registered in Your name as an Own Name Client, you will be and remain an Eligible Person.