Common use of Delivery of Common Stock Upon Conversion Clause in Contracts

Delivery of Common Stock Upon Conversion. Upon delivery of a Conversion Notice, the Company shall, no later than the close of business on the fifth (5th) business day following the Conversion Date set forth in such Conversion Notice (the "Delivery Date"), issue and deliver or cause to be delivered to the Holder the number of shares of common stock ("Shares") determined pursuant to paragraph 3(c) above. The Company shall effect delivery of the Shares to the Holder no later than the close of business on such Delivery Date by delivering to the Holder or its nominee physical certificates representing such shares. If any Conversion would create a fractional share, such fractional share shall be disregarded and the number of shares issuable upon such Conversion, in the aggregate, shall be the nearest whole number.

Delivery of Common Stock Upon Conversion. Upon delivery receipt of a Conversion Notice, the Company shall, no later than the close of business on the fifth (5th) business Business day following the Conversion Date set forth in such Conversion Notice (the "“Delivery Date"”), issue and deliver or cause to be delivered to the Holder the number of shares of common stock ("Shares") Conversion Shares determined pursuant to paragraph 3(c) above. The Company shall effect delivery of the Conversion Shares to the Holder no later than the close of business on such Delivery Date by delivering to the Holder or its nominee physical certificates representing such sharesConversion Shares. If any Conversion would create a fractional shareConversion Share, such fractional share Conversion Share shall be disregarded and the number of shares Conversion Shares issuable upon such Conversion, in the aggregate, shall be the nearest whole numbernumber of Conversion Shares.

Delivery of Common Stock Upon Conversion. Upon delivery of a Conversion Notice, the Company shall, no later than the close of business on the fifth fifteenth (5th15th) business day following the Conversion Date set forth in such Conversion Notice (the "Delivery Date"), issue and deliver or cause to be delivered to the Holder the number of shares of common stock ("Shares") determined pursuant to paragraph 3(c) above. The Company shall effect delivery of the Shares to the Holder no later than the close of business on such Delivery Date by delivering to the Holder or its nominee physical certificates representing such shares. If any Conversion would create a fractional share, such fractional share shall be disregarded and the number of shares issuable upon such Conversion, in the aggregate, shall be the nearest whole number.