Continuing Breakouts Clause Samples

Continuing Breakouts. The Intermediary shall issue to Company a Series E Conversion Notice and a Senior Purchase Price Disbursement Report5 for each month after the Initial Breakout until the Senior Purchase Price proceeds have been fully released to the Working Account. Any Breakout must be preceded by and shall occur immediately after completion of those steps called for in 2.1.9.1-2.1.9.3.