Common use of DTC Eligibility Clause in Contracts

DTC Eligibility. If the Company fails to maintain its status as “DTC Eligible” for any reason, the Principal Amount of the Note shall increase by ten thousand dollars ($10,000) (under Holder’s and Company’s expectation that any Principal Amount increase will tack back to the Issuance Date). In addition, the Conversion Price shall be redefined to equal the lesser of (a) $0.0225 or (b) 50% of the lowest trade occurring during the twenty (20) consecutive Trading Days immediately preceding the applicable Conversion Date on which the Holder elects to convert all or part of this Note, subject to adjustment as provided in this Note.

DTC Eligibility. If the Company fails to maintain its status as “DTC Eligible” for any reason, the Principal Amount of the Note shall increase by ten thousand dollars ($10,00015,000) (under Holder’s and Company’s expectation that any Principal Amount increase will tack back to the Issuance Date). In addition, the Conversion Price shall be redefined to equal the lesser of (a) $0.0225 0.05 or (b) 5040% of the lowest trade occurring during the twenty five (2025) consecutive Trading Days immediately preceding the applicable Conversion Date on which the Holder elects to convert all or part of this Note, subject to adjustment as provided in this Note.

DTC Eligibility. If the Company fails to maintain its status as “DTC Eligible” '' for any reason, reason the Principal Amount of the Note shall increase by y ten thousand dollars ($10,00015.000) (under Holder’s Holders and Companycompany’s expectation that any Principal Amount increase will tack back to the Issuance Date). In addition, addition the Conversion Price shall s II be redefined to equal the lesser of (a) $0.0225 0.020 or (b) 50% of the lowest trade occurring during the twenty five (2025) consecutive Trading Days immediately preceding the applicable Conversion Date on which the Holder elects to convert all or part of this Note, subject to adjustment as provided in this Note.

DTC Eligibility. If the Company fails to maintain its status as “"DTC Eligible” " for any reason, the Principal Amount of the Note shall increase by ten thousand dollars ($10,00015,000) (under Holder’s 's and Company’s 's expectation that any Principal Amount increase will tack back to the Issuance Date). In addition, the Conversion Price shall be redefined to equal the lesser of (a) $0.0225 0.020 or (b) 50% of the lowest trade occurring during the twenty five (2025) consecutive Trading Days immediately preceding the applicable Conversion Date on which the Holder elects to convert all or part of this Note, subject to adjustment as provided in this Note.

DTC Eligibility. If the Company fails to maintain its status as “DTC Eligible” for any reason, the Principal Amount of the Note shall increase by ten thousand dollars ($10,000) (under Holder’s and Company’s expectation that any Principal Amount increase will tack back to the Issuance Date). In addition, the Conversion Price shall be redefined to equal the lesser of (a) $0.0225 or (b) 5060% of the average of the three lowest trade closing prices occurring during the twenty five (2025) consecutive Trading Days immediately preceding the applicable Conversion Date on which the Holder elects to convert all or part of this Note, subject to adjustment as provided in this Note.

DTC Eligibility. If the Company fails to maintain its status as “DTC Eligible” for any reason, the Principal Amount of the Note shall increase by ten thousand dollars ($10,000) (under Holder’s and Company’s expectation that any Principal Amount increase will tack back to the Issuance Date). In addition, the Conversion Price shall be redefined to equal the lesser of (a) $0.0225 0.80 or (b) 50% of the lowest trade occurring during the twenty five (2025) consecutive Trading Days immediately preceding the applicable Conversion Date on which the Holder elects to convert all or part of this Note, subject to adjustment as provided in this Note.

DTC Eligibility. If the Company fails to maintain its status as “DTC Eligible” for any reason, the Principal Amount of the Note shall increase by ten thousand dollars ($10,000) (under Holder’s and Company’s expectation that any Principal Amount increase will tack back to the Issuance Date). In addition, the Conversion Price shall be redefined to equal the lesser of (a) $0.0225 0.025 or (b) 50% of the lowest trade occurring during the twenty five (2025) consecutive Trading Days immediately preceding the applicable Conversion Date on which the Holder elects to convert all or part of this Note, subject to adjustment as provided in this Note.

DTC Eligibility. If the Company fails to maintain loses its status as “"DTC Eligible” " for any reason, the Principal Amount of the Note shall increase by ten thousand dollars ($10,00015,000) (under Holder’s Xxxxxx's and Company’s 's expectation that any Principal Amount increase will tack back to the Issuance Date). In addition, the Conversion Price shall be redefined to equal the lesser of (a) $0.0225 or (b) 50% of the lowest trade occurring during the twenty five (2025) consecutive Trading Days immediately preceding the applicable Conversion Date on which the Holder elects to convert all or part of this Note, subject to adjustment as provided in this Note.