Common use of Conversion Disputes Clause in Contracts

Conversion Disputes. In the case of any dispute with respect to a conversion, the Corporation shall promptly issue such number of shares of Common Stock as are not disputed in accordance with subparagraph (i) above. If such dispute involves the calculation of the Conversion Price, the Corporation shall submit, at its sole cost, the disputed calculations to its outside accountant via facsimile within two (2) trading days of receipt of the Notice of Optional Conversion. The accountant shall audit the calculations and notify the Corporation and the Holder of the results no later than two (2) trading days from the date it receives the disputed calculations. The accountant's calculation shall be deemed conclusive, absent manifest error. The Corporation shall then issue the appropriate number of shares of Common Stock in accordance with subparagraph (i) above.

Conversion Disputes. In the case of any dispute with respect to a conversion, the Corporation shall promptly issue such number of shares of Common Stock as are not disputed in accordance with subparagraph (i) above. If such dispute only involves the calculation of the Conversion Price, the Corporation shall submit, at its sole cost, submit the disputed calculations to its outside accountant via facsimile within two (2) trading business days of receipt of the Notice of Optional Conversion. The accountant shall audit the calculations and notify the Corporation and the Holder of the results no later than two (2) trading business days from the date it receives the disputed calculations. The accountant's calculation shall be deemed conclusive, absent manifest error. The Corporation shall then issue the appropriate number of shares of Common Stock in accordance with subparagraph (i) above.

Conversion Disputes. In the case of any dispute with respect to a conversion, the Corporation shall promptly issue such number of shares of Class A Common Stock as are not disputed in accordance with subparagraph (i) above. If such dispute only involves the calculation of the Conversion Price, the Corporation shall submit, at its sole cost, submit the disputed calculations to its outside accountant via facsimile within two (2) trading business days of receipt of the Notice of Optional Conversion. The accountant shall audit the calculations and notify the Corporation and the Holder of the results no later than two (2) trading business days from the date it receives the disputed calculations. The accountant's calculation shall be deemed conclusive, absent manifest error. The Corporation shall then issue the appropriate number of shares of Class A Common Stock in accordance with subparagraph (i) above.

Conversion Disputes. In the case of any dispute with respect to a conversion, the Corporation shall promptly issue such number of shares of Common Stock as are not disputed in accordance with subparagraph (i) above. If such dispute involves the calculation of the Conversion Price, the Corporation shall submit, at its sole cost, submit the disputed calculations to its outside accountant via facsimile within two (2) trading business days of receipt of the Notice of Optional Conversion. The accountant shall audit issue a report regarding the calculations and notify the Corporation and the Holder holder of the results no later than two (2) trading business days from the date it receives the disputed calculations. The accountant's calculation shall be deemed conclusive, absent manifest error. The Corporation shall then issue the appropriate number of shares of Common Stock in accordance with subparagraph (i) above, it being understood and agreed that the Company shall not be in default because of its failure to issue shares of Common Stock which are subject to a dispute before the resolution of such dispute.

Conversion Disputes. In the case of any dispute with respect to a conversion, the Corporation shall promptly issue such number of shares of Common Stock and Warrants as are not disputed in accordance with subparagraph (i) above. If such dispute only involves the calculation of the Conversion Price, the Corporation shall submit, at its sole cost, submit the disputed calculations to its outside accountant via facsimile within two (2) trading business days of receipt of the Notice of Optional Conversion. The accountant shall audit the calculations and notify the Corporation and the Holder of the results no later than two (2) trading business days from the date it receives the disputed calculations. The accountant's calculation shall be deemed conclusive, absent manifest error. The Corporation shall then issue the appropriate number of shares of Common Stock and Warrants in accordance with subparagraph (i) above.

Conversion Disputes. In the case of any dispute with respect to a conversion, the Corporation shall promptly issue such number of shares of Common Stock as are not disputed in accordance with subparagraph (i) above. If such dispute involves the calculation of the Conversion PricePrice or the Conversion Amount, the Corporation shall submit, at its sole cost, submit the disputed calculations to its an independent outside accountant via facsimile within two (2) trading business days of receipt of the Notice of Optional Conversion. The accountant accountant, at the Corporation's sole expense, shall audit the calculations and notify the Corporation and the Holder of the results no later than two (2) trading business days from the date it receives the disputed calculations. The accountant's calculation shall be deemed conclusive, absent manifest error. The Corporation shall then issue the appropriate number of shares of Common Stock in accordance with subparagraph (i) above.

Conversion Disputes. In the case of any dispute with respect to a ------------------- conversion, the Corporation shall promptly issue such number of shares of Common Stock as are not disputed in accordance with subparagraph (i) above. If such dispute involves the calculation of the Conversion Price, the Corporation shall submit, at its sole cost, submit the disputed calculations to its an independent outside accountant via facsimile within two (2) trading business days of receipt of the Notice of Optional Conversion. The accountant accountant, at the Corporation's sole expense, shall audit the calculations and notify the Corporation and the Holder holder of the results no later than two (2) trading business days from the date it receives the disputed calculations. The accountant's calculation shall be deemed conclusive, absent manifest error. The Corporation shall then issue the appropriate number of shares of Common Stock in accordance with subparagraph (i) above.

Conversion Disputes. In the case of any dispute with respect to a conversion, the Corporation shall promptly issue such number of shares of Common Stock as are not disputed in accordance with subparagraph (i) aboveabove as are not disputed. If such dispute involves the calculation of the Series C Series C Conversion Price, and such dispute is not promptly resolved by discussion between the relevant Holder and the Corporation, the Corporation and the Holder shall submit, at its sole cost, the submit their disputed calculations to its an independent outside accountant via facsimile within two (2) trading days three Business Days of receipt of the Notice of Optional Conversion. The accountant accountant, at the Corporation's sole expense, shall promptly audit the calculations and notify the Corporation and the Holder of the results no later than two (2) trading days three Business Days from the date it receives the disputed calculations. The accountant's calculation shall be deemed conclusive, absent manifest error. The Corporation shall then issue the appropriate number of shares of Common Stock in accordance with subparagraph (i) above.

Conversion Disputes. In the case of any dispute with respect to a conversion, the Corporation shall promptly issue such number of shares of Common Stock as are not disputed in accordance with subparagraph (i) above. If such dispute involves the calculation of the Conversion Price, the Corporation shall submit, at its sole cost, submit the disputed calculations to its outside accountant via facsimile within two (2) trading business days of receipt of the Notice of Optional Conversion. The accountant shall audit the calculations and notify the Corporation and the Holder holder of the results no later than two (2) trading business days from the date it receives the disputed calculations. The accountant's calculation shall be deemed conclusive, absent manifest error. The Corporation shall then issue the appropriate number of shares of Common Stock in accordance with subparagraph (i) above.

Conversion Disputes. In the case of any dispute with respect to a conversion, the Corporation Company shall promptly issue such number of shares of Common Stock Ordinary Shares as are not disputed in accordance with subparagraph (i) above. If such dispute involves the calculation of the Conversion Price, the Corporation Company shall submit, at its sole cost, submit the disputed calculations to its an independent outside accountant via facsimile within two (2) trading business days of receipt of the Notice of Optional Conversion. The accountant accountant, at the Company's sole expense, shall audit the calculations and notify the Corporation Company and the Holder holder of the results no later than two (2) trading business days from the date it receives the disputed calculations. The accountant's calculation shall be deemed conclusive, absent manifest error. The Corporation Company shall then issue the appropriate number of shares of Common Stock Ordinary Shares in accordance with subparagraph (i) above.

Conversion Disputes. In the case of any dispute with respect to a conversion, the Corporation shall promptly issue such number of shares of Common Stock as are not disputed in accordance with subparagraph (i) above. If such dispute involves the calculation of the Conversion Price, the Corporation shall submit, at its sole cost, submit the disputed calculations to its an independent outside accountant via facsimile within two (2) trading business days of receipt of the Notice of Optional Conversion. The accountant accountant, at the Corporation's sole expense, shall audit the calculations and notify the Corporation and the Holder of the results no later than two (2) trading business days from the date it receives the disputed calculations. The accountant's calculation shall be deemed conclusive, absent manifest error. The Corporation shall then issue the appropriate number of shares of Common Stock in accordance with subparagraph (i) above.