Common use of Mechanics and Effect of Conversion Clause in Contracts

Mechanics and Effect of Conversion. No fractional shares Ordinary Share shall be issued upon conversion of this Note. In lieu of the Company issuing any fractional shares to Holder upon the conversion of this Note, the Company shall pay to Holder the amount of outstanding principal and interest that is not so converted. Upon conversion of all amounts due under this Note, the Company shall be forever released from all of its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares Ordinary Share shall be issued upon conversion of this Note. In lieu of the Company issuing any fractional shares to the Holder upon the conversion of this Note, the Company shall pay to the Holder the amount of outstanding principal and interest that is not so converted. Upon conversion of the entire outstanding principal amount of and all amounts due under accrued interest on this Note, the Company shall be forever released from all of its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares Ordinary Share shall be issued upon conversion of this Note. In lieu of the Company issuing any fractional shares to Holder Purchaser upon the conversion of this Note, the Company shall pay to Holder Purchaser the amount of outstanding principal and or interest that is not so converted, such payment to be in cash as provided below. Upon conversion of all amounts due under principal of and accrued interest on this NoteNote and/or payment of all principal and accrued interest, the Company shall be forever released from all of its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares Ordinary Share of capital stock shall be issued upon conversion of this Note. In Upon the conversion of all of the principal and accrued interest outstanding under this Note, in lieu of the Company issuing any fractional shares to Holder upon the conversion of this NoteHolder, the Company shall pay to the Holder the amount of outstanding principal and interest that is not so converted. Upon full conversion of all amounts due under this Note, the Company shall be forever released from all of its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares Ordinary Share shall be issued upon conversion of this Note. In lieu of the Company issuing any fractional shares to the Holder upon the conversion of this Note, the Company shall pay to the Holder the amount of outstanding principal and interest that is not so converted. Upon conversion of the entire outstanding principal amount of and payment in cash of all amounts due under accrued but unpaid interest on this Note, the Company shall be forever released from all of its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares Ordinary Share shall be issued upon conversion of this Note. In lieu of the Company issuing any fractional shares to the Holder upon the conversion of this Note, the Company shall pay to the Holder the amount of outstanding principal and interest that is not so converted, such payment to be made in cash. Upon conversion of all amounts due under this Note, the Company shall be forever released from all of its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares Ordinary Share of the Company’s Conversion Shares shall be issued upon conversion or maturity of this Note. In lieu of the Company issuing any fractional shares to the Holder upon the conversion of this Noteconversion, the Company shall pay to the Holder the amount of outstanding principal and interest that is not so convertedconverted in cash. The Holder shall surrender this Note, duly endorsed, at the principal office of the Company after full conversion of this Note. Upon full conversion of all amounts due under this Note, the Company shall be forever released from all of its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares Ordinary Share of capital stock of the Company shall be issued upon conversion of this Note. In Upon the conversion of all of theprincipal and accrued interest outstanding under this Note, in lieu of the Company issuing any fractional shares to Holder upon the conversion of this NoteHolder, the Company shall pay to the Holder the amount of outstanding principal and accrued interest that is not so converted. Upon full conversion of all amounts due under this Note, the Company theCompany shall be forever released from all of its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares Ordinary Share of Common or Preferred Stock shall be issued upon conversion of this Note. In Upon the conversion of all of the principal and accrued interest outstanding under this Note, in lieu of the Company issuing any fractional shares to Holder upon the conversion of this NoteHolder, the Company shall pay to the Holder the amount of outstanding principal and interest that is not so converted. Upon full conversion of all amounts due under this Note, the Company shall be forever released from all of its obligations and liabilities under this Note.