Common use of Mechanics of Fulfilling Holder’s Election Clause in Contracts

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. Upon The Company shall immediately send via facsimile to the Holder, upon receipt of a facsimile copy of an Optional a Conversion Notice from the Holder which cannot be fully satisfied as described in Section 3.8(a3.7(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 Company of its election pursuant to Section 3.8(a3.7(a) above by delivering written notice via facsimile to the Makers Company (“Notice in Response to Inability to Convert”).

Mechanics of Fulfilling Holder’s Election. Upon receipt of a facsimile copy of an Optional a 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 '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 '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 Makers Maker of its election pursuant to Section 3.8(a) above by delivering written notice via facsimile to the Makers Maker (“"Notice in Response to Inability to Convert”").

Mechanics of Fulfilling Holder’s Election. Upon The Company shall immediately send via facsimile to the Holder, upon receipt of a facsimile copy of an Optional a Conversion Notice from the Holder which cannot be fully satisfied as described in Section 3.8(a3.7(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 Holdersuch 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 Company of its election pursuant to Section 3.8(a3.7(a) above by delivering written notice via facsimile to the Makers Company (“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 NoticeNotice ”). 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 ConvertConvert ”).

Mechanics of Fulfilling Holder’s Election. Upon The Company shall immediately send via facsimile to the Holder, upon receipt of a facsimile copy of an Optional a Conversion Notice from the Holder which cannot be fully satisfied as described in Section 3.8(a3.7(a) above, the Company shall within two (2) Trading Days send via facsimile to the Holder a notice of the Company’s '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 's Conversion Notice, (ii) the amount of this the applicable Note which cannot be converted and (iii) the applicable Mandatory Prepayment Price. The Holder shall notify the Makers Company of its election pursuant to Section 3.8(a3.7(a) above by delivering written notice via facsimile to the Makers Company (“the "Notice in Response to Inability to Convert”").

Mechanics of Fulfilling Holder’s Election. Upon receipt of a facsimile copy of an Optional a Conversion Notice from the Holder which cannot be fully satisfied as described in Section 3.8(a) above, the Company Maker shall within two (2) Trading Days send via facsimile to the Holder a notice of the Company’s Maker'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 Maker is unable to fully satisfy the Holder’s Optional '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 Makers Maker of its election pursuant to Section 3.8(a) above by delivering written notice via facsimile to the Makers Maker (“"Notice in Response to Inability to Convert”").

Mechanics of Fulfilling Holder’s Election. Upon receipt of a facsimile copy of an Optional a 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 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 '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 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. Upon The Company shall immediately send via facsimile to the Holder, upon receipt of a facsimile copy of an Optional a Conversion Notice from the Holder which cannot be fully satisfied as described in Section 3.8(a3.7(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 the applicable Note which cannot be converted and (iii) the applicable Mandatory Prepayment Price. The Holder shall notify the Makers Company of its election pursuant to Section 3.8(a3.7(a) above by delivering written notice via facsimile to the Makers Company (“the "Notice in Response to Inability to Convert”").