Common use of Holders Conversion Rights Clause in Contracts

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur.

Holders Conversion Rights. The Subject to Section 2.2, the Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount Principal Amount of this Note, together with interest and fees due hereon, into shares of Common Stock Stock, subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice Notice of conversion not less than one (1) day prior Conversion pursuant to the date upon which such conversion shall occurSection 3.3.

Holders Conversion Rights. The Subject to Section 2.2 and the mandatory conversion provisions therein, the Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount Principal Amount of this Note, together with interest and fees due hereon, into shares of Common Stock Stock, subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice Notice of conversion not less than one (1) day prior Conversion pursuant to the date upon which such conversion shall occurSection 3.3.

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur. The date upon which such conversion shall occur is (the "Conversion Date").

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) business day prior to the date upon which such conversion shall occur.

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur. The date upon which such conversion shall occur is (the “Conversion Date”).

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur. The shares of Common Stock to be issued upon such conversion are herein referred to as the "Conversion Shares."

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert at any time all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur.

Holders Conversion Rights. The Subject to Section 2.2, the Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount Principal Amount of this Note, together with interest and fees due hereon, into shares of Common Stock Stock, subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice Notice of conversion not less than one (1) day prior Conversion pursuant to the date Section 3.3. The shares of Common Stock to be issued upon which such conversion shall occurare herein referred to as the "Conversion Shares."

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereonaccrued thereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur. The date upon which such conversion shall occur is (the “Conversion Date”).

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion by facsimile or otherwise not less than one (1) business day prior to the date upon which such conversion shall occur.

Holders Conversion Rights. The Subject to Section 2.2, the Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount Principal Amount of this Note, together with interest and fees due hereon, into shares of Common Stock Stock, subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice Notice of conversion not less than one (1) day prior Conversion pursuant to the date Section 3.3. The shares of Common Stock to be issued upon which such conversion shall occurare herein referred to as the "CONVERSION SHARES."

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) business day prior to the date upon which such conversion shall occur. The shares of Common Stock to be issued upon such conversion are herein referred to as the "Conversion Shares."

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock or Registered Common Stock as applicable, subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur. The date upon which such conversion shall occur is (the "CONVERSION DATE").

Holders Conversion Rights. The Subject to Section 3.2, the Holder shall have the right, but not the obligationobligation at all times, to convert all or any portion of the then aggregate outstanding principal amount Principal Amount of this Note, together with interest and fees due hereon, into shares of Common Stock Stock, subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to III at the Borrower rate of a written notice of conversion not less than one $.60, (1) day prior to the date upon which such conversion shall occur“Fixed Conversion Price”).”

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur. The date upon which such conversion shall occur is the "Conversion Date".

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock Ordinary Shares subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion in the form of Exhibit A attached hereto (the “Notice of Conversion”) not less than one (1) business day prior to the date upon which such conversion shall occur. The date upon which such conversion shall occur is the “Conversion Date”.

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one three (13) day business days prior to the date upon which such conversion shall occur.

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur. The date upon which such conversion shall occur is the "CONVERSION DATE".

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur. The shares of Common Stock to be issued upon such conversion are herein referred to as the "CONVERSION SHARES."

Holders Conversion Rights. The Holder shall have the right, but not the obligationobligation at any time from the date of issuance of this Note, to convert all or any portion of the then aggregate outstanding principal amount Principal Amount of this Note, together with interest and fees due hereon, into shares of Common Stock Stock, subject to the terms and conditions set forth in this Article IIIII at a fixed conversion rate of $.001 per share. The Holder may exercise such right by delivery to the Borrower of a written notice Notice of conversion not less than one (1) day prior to the date upon which such conversion shall occurConversion pursuant hereto.

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Class A Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur.

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, Note into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur. The date upon which such conversion shall occur is (the "Conversion Date")."

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur. The date upon which such conversion shall occur is (the "Conversion Date").

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock (as hereinafter defined) subject to the terms and conditions set forth in this Article III4. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one three (13) day business days prior to the date upon which such conversion shall occur.

Holders Conversion Rights. The Subject to Section 2.2, the Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount Principal Amount of this Term Note, together with interest and fees due hereon, into shares of Common Stock Stock, subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice Notice of conversion not less than one (1) day prior Conversion pursuant to the date Section 3.3. The shares of Common Stock to be issued upon which such conversion shall occurare herein referred to as the “Conversion Shares.”

Holders Conversion Rights. The Holder shall have the rightright at all times, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount Principal Amount of this Note, together with interest and fees due hereonNote plus accrued interest, into shares of Common Stock Stock, subject to the terms and conditions set forth in this Article IIIIII at the rate of $0.15 per share of Common Stock (“Fixed Conversion Price”) as same may be adjusted pursuant to this Note and the Subscription Agreement. The Holder may exercise such right by delivery to the Borrower of a written notice Notice of conversion not less than one (1) day prior Conversion pursuant to the date upon which such conversion shall occurSection 3.2.

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock of the Borrower subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur.

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this NoteDebenture, together with interest and fees due hereonthereon, into shares of Common Stock Borrower’s common stock subject to the terms and conditions set forth in this Article III4. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur.

Holders Conversion Rights. The Holder shall have the right, but not -------------------------- the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur.

Holders Conversion Rights. The Subject to Section 2.2, the Holder shall will have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount Principal Amount of this Note, together with interest and fees due hereon, into shares of Common Stock Stock, subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice Notice of conversion not less than one (1) day prior Conversion pursuant to the date upon which such conversion shall occurSection 3.3.

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with accrued and unpaid interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur. The date upon which such conversion shall occur is (the “Conversion Date”).

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The shares of Common Stock to be issued upon such conversion are herein referred to as the "Conversion Shares." The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur.

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Common Stock subject to the terms and conditions set forth in this Article III. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur. The date upon which such conversion shall occur is (the "CONVERSION DATE").

Holders Conversion Rights. The Subject to Section 2.2, the Holder shall have the right, but not the obligationobligation at any time from the date of issuance of this Note, to convert all or any portion of the then aggregate outstanding principal amount Principal Amount of this Note, together with interest and fees due hereon, into shares of Common Stock Stock, subject to the terms and conditions set forth in this Article IIIII at a fixed conversion price of $.001 per share. The Holder may exercise such right by delivery to the Borrower of a written notice Notice of conversion not less than one (1) day prior Conversion pursuant to the date upon which such conversion shall occurterms hereof.