Common use of Acknowledgement of Dilution Clause in Contracts

Acknowledgement of Dilution. The Company acknowledges that the issuance of Warrant Shares upon exercise of the Warrants may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligation to issue Warrant Shares upon exercise of the Warrants in accordance with the terms of the Warrants, is unconditional (other than with respect to the conditions set forth in the Warrants) regardless of the effect of any such dilution.

Acknowledgement of Dilution. The Company acknowledges that the issuance of Warrant Underlying Shares upon (i) conversion of the Debentures and as payment of interest thereon and (ii) exercise of the Warrants Warrant may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligation to issue Warrant Underlying Shares upon exercise of the Warrants in accordance with the terms of the Warrants, Debentures and the Warrant is unconditional (other than with respect to the conditions set forth in the Warrants) and absolute regardless of the effect of any such dilution.

Acknowledgement of Dilution. The Company acknowledges that the issuance of the Conversion Shares upon conversion of the Preferred Shares and issuance of Warrant Shares upon exercise of the Warrants may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligation to issue Conversion Shares and Warrant Shares upon exercise of the Warrants in accordance with the terms of the Certificate of Designation and Warrants, respectively, is unconditional (other than with respect to the conditions set forth in the Warrants) regardless of the effect of any such dilution.

Acknowledgement of Dilution. The Company acknowledges that the --------------------------- issuance of the Warrant Shares upon exercise of the Warrants may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligation to issue Warrant Shares upon exercise of the Warrants in accordance with the terms of the Warrants, thereof is unconditional (other than with respect to the conditions set forth in the Warrants) regardless of the effect of any such dilution.

Acknowledgement of Dilution. The Company acknowledges that the issuance of Warrant Underlying Shares upon (i) conversion of the Debentures and as payment of interest thereon and (ii) exercise of the Warrants Warrants, may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligation to issue Warrant Underlying Shares upon exercise of the Warrants in accordance with the terms of the Warrants, Debentures and the Warrants is unconditional (other than with respect to the conditions set forth in the Warrants) and absolute regardless of the effect of any such dilution.

Acknowledgement of Dilution. The Company acknowledges that the issuance of the Conversion Shares upon conversion of the Debenture and the issuance of the Warrant Shares upon exercise of the Warrants Warrant may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligation to issue Conversion Shares upon conversion of the Debenture in accordance with the terms of the Debenture, and to issue Warrant Shares upon exercise of the Warrants in accordance with the terms of the Warrants, is unconditional (other than with respect to the conditions set forth in the Warrants) regardless of the effect of any such dilution.

Acknowledgement of Dilution. The Company acknowledges that the issuance of Warrant Underlying Shares upon (i) conversion of the Preferred Stock and as payment of interest thereon and (ii) exercise of the Warrants may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligation to issue Warrant Shares upon exercise of Underlying Shares, as provided in the Warrants in accordance with the terms of the WarrantsTransaction Documents, is unconditional (other than with respect to the conditions set forth in the Warrants) regardless of the effect of not and shall not be effected by any such dilution.

Acknowledgement of Dilution. The Company acknowledges that the issuance of Warrant Shares upon exercise of the Warrants may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligation to issue Warrant Shares upon exercise of the Warrants in accordance with the terms of the Warrants, is unconditional (other than with respect to the conditions set forth in the Warrants) regardless of the effect of any such dilution.

Acknowledgement of Dilution. The Company acknowledges that the issuance of the Warrant Shares upon exercise of the Warrants Warrant may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligation to issue Warrant Shares upon exercise of the Warrants in accordance with the terms of the Warrants, Warrant is unconditional (other than with respect to the conditions set forth in the Warrants) regardless of the effect of any such dilution.

Acknowledgement of Dilution. The Company acknowledges that the issuance of the Warrant Shares upon exercise of the Warrants Warrant may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligation to issue the Warrant Shares upon exercise of the Warrants in accordance with the terms of the Warrants, Warrant is unconditional (other than with respect to the conditions set forth in the Warrants) regardless of the effect of any such dilution.

Acknowledgement of Dilution. The Company acknowledges that the issuance of Warrant Shares upon exercise of the Warrants may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligation to issue Warrant Shares upon exercise of the Warrants in accordance with the terms of the Warrants, Warrants is unconditional (other than with respect to the conditions set forth in the Warrants) regardless of the effect of any such dilution.

Acknowledgement of Dilution. The Company acknowledges that the issuance of the Debenture Shares, the Registrable Common Shares and the issuance of the Warrant Shares upon exercise of the Warrants may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligation to issue each of the Warrant Shares upon exercise of the Warrants in accordance with the terms of the Warrants, Warrants is unconditional (other than with respect to the conditions set forth in the Warrants) regardless of the effect of any such dilution).

Acknowledgement of Dilution. The Company acknowledges that the issuance of Common Warrant Shares upon exercise of the Common Warrants may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligation to issue Common Warrant Shares upon exercise of the Warrants in accordance with the terms of the Warrants, Common Warrants is unconditional (other than with respect to the conditions set forth in the Warrants) regardless of the effect of any such dilution.

Acknowledgement of Dilution. The Company acknowledges that the ---------------------------- issuance of the Warrant Shares upon exercise of the Warrants may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges that its obligation to issue Warrant Shares upon exercise of the Warrants in accordance with the terms of the Warrants, thereof is unconditional (other than with respect to the conditions set forth in the Warrants) regardless of the effect of any such dilution.

Acknowledgement of Dilution. The Company acknowledges that the issuance of Warrant Shares upon exercise in accordance with the provisions of the Warrants (including without limitation provisions that may, under certain circumstances, affect the exercise price and other terms of the Warrants) may result in dilution of the outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges , and that its obligation to issue Warrant Shares upon exercise of the Warrants in accordance with the terms of the Warrants, such provisions is unconditional (other than with respect to the conditions set forth in the Warrants) and absolute regardless of the effect of any such dilution.