Common use of Adjustment Certificates Clause in Contracts

Adjustment Certificates. Upon any adjustment of the ----------------------- Conversion Price or the number of shares of Common Stock issuable upon the Conversion or Mandatory Conversion of this Note, a certificate, signed by (i) the Borrower's President and Chief Financial Officer or (ii) any independent firm of certified public accountants of recognized national standing the Borrower selects at its own expense, setting forth in reasonable detail the events requiring the adjustment and the method by which such adjustment was calculated, shall be mailed to the Lender at the address set forth in Section 6 hereof and shall specify the adjusted Conversion Price and the number of shares of Common Stock issuable upon the Conversion or Mandatory Conversion of the Note after giving effect to the adjustment.

Adjustment Certificates. Upon any adjustment of the ----------------------- Conversion Price ----------------------- or the number of shares of Common Stock issuable upon the Conversion or Mandatory Conversion of this Note, a certificate, signed by (i) the Borrower's President and Chief Financial Officer or (ii) any independent firm of certified public accountants of recognized national standing the Borrower selects at its own expense, setting forth in reasonable detail the events requiring the adjustment and the method by which such adjustment was calculated, shall be mailed to the Lender at the address set forth in Section 6 hereof and shall specify the adjusted Conversion Price and the number of shares of Common Stock issuable upon the Conversion or Mandatory Conversion of the Note after giving effect to the adjustment.

Adjustment Certificates. Upon any adjustment of the Conversion ----------------------- Conversion Price or the number of shares of Common Stock issuable upon the Conversion or Mandatory Conversion of this Note, a certificate, signed by (i) the Borrower's President and Chief Financial Officer or (ii) any independent firm of certified public accountants of recognized national standing the Borrower selects at its own expense, setting forth in reasonable detail the events requiring the adjustment and the method by which such adjustment was calculated, shall be mailed to the Lender at the address set forth in Section 6 hereof and shall specify the adjusted Conversion Price and the number of shares of Common Stock issuable upon the Conversion or Mandatory Conversion of the Note after giving effect to the adjustment.