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

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 within one (1) business day send via facsimile to the HolderHolder of this Debenture, upon receipt of a facsimile copy of a Conversion Notice from the such Holder which that cannot be fully satisfied as described in Section 6(a) aboveSubsection 4(a), a notice of the Company's inability to fully satisfy the 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 the such Holder's Conversion Notice, (ii) the portion of the Outstanding Principal Amount of the Note plus accrued interest thereon which this Debenture that cannot be converted and (iii) the applicable Mandatory Payment Redemption Price. The Holder must within five (5shall notify the Company of its election pursuant to Subsection 4(a) Business Days after receipt of such Inability to Fully Convert Notice deliver above by delivering written notice via facsimile to the Company (the "Notice in Election Response to Inability to ConvertNotice") of its election pursuant to Section 6(a) above).