CONVERSION DEFICIENCY; PREMIUM PRICE REDEMPTION FOR CONVERSION DEFICIENCY. In the event that the Company does not have a sufficient number of Common Shares available to satisfy the Company's obligations to any Holder upon receipt of a Conversion Notice (as defined in the Debenture) or is otherwise unable or unwilling to issue such Common Shares (including without limitation by reason of the limit described in Section 10 below) in accordance with the terms of the Debenture for any reason after receipt of a Conversion Notice, then:
Appears in 6 contracts
Samples: Registration Rights Agreement (Pharmos Corp), Registration Rights Agreement (U S Plastic Lumber Corp), Registration Rights Agreement (Appliedtheory Corp)
