Common use of Conversion Feature Clause in Contracts

Conversion Feature. The Debentures shall be automatically converted into such number of Common Shares as is equal to the aggregate Outstanding Principal of the Debentures being converted divided by the applicable Conversion Price (rounded down to the nearest whole Common Share), without any further action on behalf of the holder following the earlier of (a) three (3) trading days after delivery by the holder of a Conversion Notice or

Conversion Feature. The Debentures shall be automatically converted into such number of Common Shares as is equal to the aggregate Outstanding Principal of the Debentures being converted divided by the applicable Conversion Price (rounded down to the nearest whole Common Share), without any further action on behalf of the holder following the earlier of (a) three (3) trading days after delivery by the holder of a Conversion Notice oror (b) upon the applicable Maturity Date of the Debentures.