Common use of Conversion Prohibited Under Certain Circumstances Clause in Contracts

Conversion Prohibited Under Certain Circumstances. The Note shall not be convertible into Conversion Shares as provided in this Condition 6 nor may it be redeemed for Shares as provided in Condition 7(B)(iii) herein if the Stock Exchange on which the Shares are listed requires the approval by the stockholders of the Company of the issuance of the Shares which may be issued upon the exercise of the conversion rights contained in this Condition 6 or issued pursuant to Condition 7(B)(iii) and the stockholders fail to approve such issuances of the Shares at an annual meeting or special meeting held to approve such issuances.

Conversion Prohibited Under Certain Circumstances. The Note shall not be convertible into Conversion Shares as provided in this Condition 6 nor may it be redeemed for Shares as provided in Condition 7(B)(iii) herein if the Stock Exchange on which the Shares are listed requires the approval by the stockholders of the Company of the issuance of the Shares which may be issued upon the exercise of the conversion rights contained in this Condition 6 or issued pursuant to Condition 7(B)(iii) and the stockholders fail to approve such issuances of the Shares at an annual meeting or special meeting held to approve such issuances.