Common use of Allocation of Registrable Securities Clause in Contracts

Allocation of Registrable Securities. The initial number of Registrable Securities included on any Registration Statement and each increase (if any) to the number of Registrable Securities included thereon shall be allocated pro rata among the Holders based on the number of Registrable Securities held by each Holder at the time of such establishment or increase, as the case may be. In the event a Holder shall sell or otherwise transfer any of such holder's Registrable Securities, each transferee shall be allocated a pro rata portion of the number of Registrable Securities included on a Registration Statement for such transferor. Any shares of Common Stock included on a Registration Statement and which remain allocated to any person or entity which does not hold any Registrable Securities shall be allocated to the remaining Holders, pro rata based on the number of shares of Registrable Securities then held by such Holders. For the avoidance of doubt, the number of Registrable Securities held by any Holder shall be determined as if all Shares issuable upon conversion of the Convertible Debenture and upon exercise of the Warrant were then Registrable Securities.

Allocation of Registrable Securities. The initial number of ------------------------------------ Registrable Securities included on in any Registration Statement and each increase (if any) to in the number of Registrable Securities included thereon therein shall be allocated pro rata among the Holders Investors based on the number of Registrable Securities held by each Holder Investor at the time of such establishment or increase, as the case may be. In the event a Holder an Investor shall sell or otherwise transfer any of such holder's Registrable Securities, each transferee shall be allocated a pro rata portion of the then remaining number of Registrable Securities included on a in such Registration Statement for such transferor. Any shares of Common Stock included on in a Registration Statement and which remain allocated to any person or entity which does not hold any Registrable Securities shall be allocated to the remaining HoldersInvestors, pro rata based on the number of shares of Registrable Securities then held by such HoldersInvestors. For the avoidance of doubt, the number of Registrable Securities held by any Holder Investor shall be determined as if all Preferred Shares issuable upon conversion of the Convertible Debenture and upon exercise of the Warrant then outstanding were then converted into or exercised for Registrable Securities.

Allocation of Registrable Securities. The initial number of Registrable Securities included on any Registration Statement filed pursuant to Section 2(a) or 3(c), and each increase (if any) to the number of Registrable Securities included thereon thereon, shall be allocated pro rata among the Holders Purchasers based on the number of Registrable Securities held by each Holder Purchaser at the time of such establishment or increase, as the case may be. In the event a Holder Purchaser shall sell or otherwise transfer any of such holderPurchaser's Registrable Securities, each transferee shall be allocated a pro rata portion of the number of Registrable Securities included on a Registration Statement for such transferor. Any shares of Common Stock included on a Registration Statement and which remain allocated to any person or entity which does not hold any Registrable Securities shall be allocated to the remaining HoldersPurchasers, pro rata based on the number of shares of Registrable Securities then held by such HoldersPurchasers. For the avoidance of doubt, the number of Registrable Securities held by any Holder Purchaser shall be determined as if all Shares issuable upon conversion of the Convertible Debenture and upon exercise of the Warrant Debentures then outstanding were then converted into or exercised for Registrable Securities.

Allocation of Registrable Securities. The initial number of Registrable Securities included on in any Registration Statement and each increase (if any) to in the number of Registrable Securities included thereon therein shall be allocated pro rata among the Holders Investors based on the number of Registrable Securities held by each Holder Investor at the time of such establishment or increase, as the case may be. In the event a Holder an Investor shall sell or otherwise transfer any of such holder's Registrable Securities, each transferee shall be allocated a pro rata portion of the then remaining number of Registrable Securities included on a in such Registration Statement for such transferor. Any shares of Common Stock included on in a Registration Statement and which remain allocated to any person or entity which does not hold any Registrable Securities shall be allocated to the remaining HoldersInvestors, pro rata based on the number of shares of Registrable Securities then held by such HoldersInvestors. For the avoidance of doubt, the number of Registrable Securities held by any Holder Investor shall be determined as if all Preferred Shares issuable upon conversion of the Convertible Debenture and upon exercise of the Warrant Warrants then outstanding were then converted into or exercised for Registrable Securities.

Allocation of Registrable Securities. The initial number of Registrable Securities included on any Registration Statement filed pursuant to Section 2(a) or 3(c), and each increase (if any) to the number of Registrable Securities included thereon thereon, shall be allocated pro rata among the Holders Purchasers based on the number of Registrable Securities held by each Holder Purchaser at the time of such establishment or increase, as the case may be. In the event a Holder Purchaser shall sell or otherwise transfer any of such holderPurchaser's Registrable Securities, each transferee shall be allocated a pro rata portion of the number of Registrable Securities included on a Registration Statement for such transferor. Any shares of Common Stock included on a Registration Statement and which remain allocated to any person or entity which does not hold any Registrable Securities shall be allocated to the remaining HoldersPurchasers, pro rata based on the number of shares of Registrable Securities then held by such HoldersPurchasers. For the avoidance of doubt, the number of Registrable Securities held by any Holder Purchaser shall be determined as if all Shares issuable upon conversion of the Convertible Debenture Debentures and upon exercise of the Warrant Warrants then outstanding were then converted into or exercised for Registrable Securities.

Allocation of Registrable Securities. The initial number of Registrable Securities included on in any Registration Statement and each increase (if any) to in the number of Registrable Securities included thereon therein shall be allocated pro rata among the Holders Investors based on the number of Registrable Securities held by each Holder Investor at the time of such establishment or increase, as the case may be. In the event a Holder an Investor shall sell or otherwise transfer any of such holder's Registrable Securities, each transferee shall be allocated a pro rata portion of the then remaining number of Registrable Securities included on a in such Registration Statement for such transferor. Any shares of Common Stock included on in a Registration Statement and which remain allocated to any person or entity which does not hold any Registrable Securities shall be allocated to the remaining HoldersInvestors, pro rata based on the number of shares of Registrable Securities then held by such HoldersInvestors. For the avoidance of doubt, the number of Registrable Securities held by any Holder Investor shall be determined as if all Series D Preferred Shares, Series F Preferred Shares issuable upon conversion of the Convertible Debenture and upon exercise of the Warrant Warrants then outstanding were then converted into or exercised for Registrable Securities, without regard to any limitations on conversions or exercises.

Allocation of Registrable Securities. The initial number of ------------------------------------ Registrable Securities included on in any Registration Statement and each increase (if any) to in the number of Registrable Securities included thereon therein shall be allocated pro rata among the Holders Investors based on the number of Registrable Securities held by each Holder Investor at the time of such establishment or increase, as the case may be. In the event a Holder an Investor shall sell or otherwise transfer any of such holder's Registrable Securities, each transferee shall be allocated a pro rata portion of the then remaining number of Registrable Securities included on a in such Registration Statement for such transferor. Any shares of Common Stock included on in a Registration Statement and which remain allocated to any person or entity which does not hold any Registrable Securities shall be allocated to the remaining HoldersInvestors, pro rata based on the number of shares of Registrable Securities then held by such HoldersInvestors. For the avoidance of doubt, the number of Registrable Securities held by any Holder Investor shall be determined as if all Preferred Shares issuable upon conversion of the Convertible Debenture and upon exercise of the Warrant Warrants then outstanding were then converted into or exercised for Registrable Securities.