Common use of Mechanics of Fulfilling Holder’s Election Clause in Contracts

Mechanics of Fulfilling Holder’s Election. The Maker shall --------------------------------------------- immediately send via facsimile to the Holder, upon receipt of a facsimile copy of a Conversion Notice from the Holder which cannot be fully satisfied as described in Section 3.8(a) above, a notice of the Maker's inability to fully satisfy the Conversion Notice (the "Inability to Fully Convert Notice"). Such --------------------------------- Inability to Fully Convert Notice shall indicate (i) the reason why the Maker is unable to fully satisfy such holder's Conversion Notice, (ii) the amount of the Note which cannot be converted and (iii) the applicable Mandatory Prepayment Price. The Holder shall notify the Maker of its election pursuant to Section 3.8(a) above by delivering written notice via facsimile to the Maker ("Notice in --------- Response to Inability to Convert"). ------------------------------------ (c)

Mechanics of Fulfilling Holder’s Election. The Maker shall --------------------------------------------- immediately send via facsimile to the Holder, upon Upon receipt of a ------------------------------------------ facsimile copy of a Conversion Notice from the Holder which cannot be fully satisfied as described in Section 3.8(a) above, the Maker shall within two (2) Trading Days send via facsimile to the Holder a notice of the Maker's inability to fully satisfy the Conversion Notice (the "Inability to Fully Convert ---------------------------- Notice"). Such --------------------------------- Inability to Fully Convert Notice shall indicate (i) the reason ------ why the Maker is unable to fully satisfy such holderthe Holder's Conversion Notice, (ii) the amount of the this Note which cannot be converted and (iii) the applicable Mandatory Prepayment Price. The Holder shall notify the Maker of its election pursuant to Section 3.8(a) above by delivering written notice via facsimile to the Maker ("Notice in --------- Response to Inability to Convert"). ------------------------------------ (c)------------------------------------------------

Mechanics of Fulfilling Holder’s Election. The Maker shall --------------------------------------------- ----------------------------------------- immediately send via facsimile to the Holder, upon receipt of a facsimile copy of a Conversion Notice from the Holder which cannot be fully satisfied as described in Section 3.8(a) above, a notice of the Maker's inability to fully satisfy the Conversion Notice (the "Inability to Fully Convert Notice"). Such --------------------------------- Inability to Fully Convert Notice shall indicate (i) the reason why the Maker is unable to fully satisfy such holder's Conversion Notice, (ii) the amount of the Note which cannot be converted and (iii) the applicable Mandatory Prepayment Price. The Holder shall notify the Maker of its election pursuant to Section 3.8(a) above by delivering written notice via facsimile to the Maker ("Notice in --------- Response to Inability to Convert"). ------------------------------------ (c)--------------------------------