Mechanics of Fulfilling Holder’s Election. The Maker shall immediately send to the Holder, upon receipt of a Conversion Notice from the Holder, which cannot be fully satisfied as described in Section 3.6(a) above, a notice of the Maker’s inability to fully satisfy the Conversion Notice (the “Inability to Fully Convert Notice”). Such Inability to Fully Convert Notice shall indicate (i) the reason why the Maker is unable to fully satisfy the Holder’s Conversion Notice; and (ii) the amount of this Note which cannot be converted. The Holder shall notify the Maker of its election pursuant to Section 3.6(a) above by delivering written notice to the Maker (“Notice in Response to Inability to Convert”).
Mechanics of Fulfilling Holder’s Election. Upon receipt of a facsimile copy of an Optional Conversion Notice from the Holder which cannot be fully satisfied as described in Section 3.8(a) above, the Company shall within two (2) Trading Days send via facsimile to the Holder a notice of the Company’s inability to fully satisfy the Optional Conversion Notice (the “Inability to Fully Convert Notice”). Such Inability to Fully Convert Notice shall indicate (i) the reason why the Company is unable to fully satisfy the Holder’s Optional Conversion Notice, (ii) the amount of this Note which cannot be converted and (iii) the applicable Mandatory Prepayment Price. The Holder shall notify the Makers of its election pursuant to Section 3.8(a) above by delivering written notice via facsimile to the Makers (“Notice in Response to Inability to Convert”).
Mechanics of Fulfilling Holder’s Election. The Maker shall --------------------------------------------- immediately send via facsimile to the Holder, upon receipt of a facsimile copy of a Conversion Notice from the Holder which cannot be fully satisfied as described in Section 3.8(a) above, a notice of the Maker's inability to fully satisfy the Conversion Notice (the "Inability to Fully Convert Notice"). Such --------------------------------- Inability to Fully Convert Notice shall indicate (i) the reason why the Maker is unable to fully satisfy such holder's Conversion Notice, (ii) the amount of the Note which cannot be converted and (iii) the applicable Mandatory Prepayment Price. The Holder shall notify the Maker of its election pursuant to Section 3.8(a) above by delivering written notice via facsimile to the Maker ("Notice in --------- Response to Inability to Convert"). ------------------------------------ (c)
Mechanics of Fulfilling Holder’s Election. The Company shall immediately send via facsimile to a holder of Series C Preferred Stock, upon receipt of a facsimile copy of a Conversion Notice from such holder which cannot be fully satisfied as described in Section 9(a) above, a notice of the Company’s inability to fully satisfy such holder’s Conversion Notice (the “Inability to Fully Convert Notice”). Such Inability to Fully Convert Notice shall indicate (i) the reason why the Company is unable to fully satisfy such holder’s Conversion Notice, (ii) the number of Series C Preferred Stock which cannot be converted and (iii) the Applicable Redemption Price. Such holder shall notify the Company of its election pursuant to Section 9(a) above by delivering written notice via facsimile to the Company (“Notice in Response to Inability to Convert”).
Mechanics of Fulfilling Holder’s Election. BSTI shall send via facsimile to a holder of Common Stock, upon receipt of a facsimile copy of an Exchange Notice from such holder which cannot be fully satisfied as described in Section 11(a) above, a notice of BSTI's inability to fully satisfy such holder's Exchange Notice (the "INABILITY TO FULLY EXCHANGE NOTICE"). Such Inability to Fully Exchange Notice shall indicate (i) the reason why BSTI is unable to fully satisfy such holder's Exchange Notice, (ii) the number of shares of Common Stock which cannot be exchanged, and (iii) the Mandatory Redemption Price. Such holder must, within five (5) Trading Days of receipt of such Inability to Fully Exchange Notice, deliver written notice via facsimile to BSTI ("NOTICE IN RESPONSE TO INABILITY TO EXCHANGE") of its election pursuant to Section 11(a) above.
Mechanics of Fulfilling Holder’s Election. The Company shall immediately send via facsimile to the Holder, upon receipt of a facsimile copy of a Conversion Notice from the Holder which cannot be fully satisfied as described in Section 6(a) above, a notice of the Company's inability to fully satisfy the Holder's Conversion Notice (the "Inability to Fully Convert Notice"). Such Inability to Fully Convert Notice shall indicate (i) the reason why the Company is unable to fully satisfy the Holder's Conversion Notice, (ii) the portion of the Outstanding Principal Amount of the Note plus accrued interest thereon which cannot be converted and (iii) the applicable Mandatory Payment Price. The Holder must within five (5) Business Days after receipt of such Inability to Fully Convert Notice deliver written notice via facsimile to the Company ("Notice in Response to Inability to Convert") of its election pursuant to Section 6(a) above.
Mechanics of Fulfilling Holder’s Election. The Company shall immediately send via facsimile to a holder of Series A Preferred Stock, upon receipt of a facsimile copy of a Conversion Notice from such holder which cannot be fully satisfied as described in Section 8(a) above, a notice of the Company's inability to fully satisfy such holder's Conversion Notice (the "Inability to Fully Convert Notice"). Such Inability to Fully Convert Notice shall indicate (i) the reason why the Company is unable to fully satisfy such holder's Conversion Notice and (ii) the number of shares of Series A Preferred Stock which cannot be converted.
Mechanics of Fulfilling Holder’s Election. The Maker shall immediately send via facsimile to the Holder, upon receipt of a facsimile copy of a Conversion Notice from the Holder which cannot be fully satisfied as described in Section 3.8(a) above, a notice of the Maker's inability to fully satisfy the Conversion Notice (the "INABILITY TO FULLY CONVERT NOTICE"). Such Inability to Fully Convert Notice shall indicate (i) the reason why the Maker is unable to fully satisfy such holder's Conversion Notice, (ii) the amount of this Note which cannot be converted and (iii) the applicable Mandatory Prepayment Price. The Holder shall notify the Maker of its election pursuant to Section 3.8(a) above by delivering written notice via facsimile to the Maker ("NOTICE IN RESPONSE TO INABILITY TO CONVERT").
Mechanics of Fulfilling Holder’s Election. The Maker shall immediately send to the Holder, at any time the Maker cannot meet its obligation to issue any Investor Shares under this Note as described in Section 3.6(a) above, a notice of the Maker’s failure to issue any such Investor Shares (the “Inability to Issue Shares Notice”). Such Inability to Issue Shares Notice shall indicate (i) the reason why the Maker is unable to issue Investor Shares as required under the Note; and (ii) the number of Investor Shares which cannot be issued. The Holder shall notify the Maker of its election pursuant to Section 3.6(a) above by delivering written notice to the Maker (“Notice in Response to Inability to Issue Shares”).
Mechanics of Fulfilling Holder’s Election. Sage shall immediately send via facsimile to the Holder, upon receipt of a facsimile copy of a Conversion Notice from the Holder which cannot be fully satisfied as described in Section 3.7(a) above, a notice of Sage’s inability to fully satisfy the Conversion Notice (the “Inability to Fully Convert Notice”). Such Inability to Fully Convert Notice shall indicate (i) the reason why Sage is unable to fully satisfy such holder’s Conversion Notice, (ii) the amount of this Note for which conversion has been requested and which cannot be converted and (iii) the applicable Mandatory Prepayment Price. The Holder shall notify the Makers of its election pursuant to Section 3.7(a) above by delivering written notice via facsimile to the Makers (“Notice in Response to Inability to Convert”).
