Common use of Preferred Exchange Clause in Contracts

Preferred Exchange. (a) On the terms and subject to the conditions set forth in this Agreement, upon the Closing (i) the Company agrees to issue to the Investor, in exchange for the Warrant and its 6,785 Preferred Shares, the Exchange Shares and (ii) the Investor agrees to deliver to the Company the Warrant and the Preferred Shares in exchange for the Exchange Shares.

Preferred Exchange. (a) On the terms and subject to the conditions set forth in this Agreement, upon the Closing (i) the Company agrees to issue to the Investor, in exchange for the Warrant and its 6,785 33,000 Preferred Shares, the Exchange Shares and (ii) the Investor agrees to deliver to the Company the Warrant and the Preferred Shares in exchange for the Exchange Shares.

Preferred Exchange. (a) On the terms and subject to the conditions set forth in this Agreement, upon the Closing (i) the Company agrees to issue to the Investor, in exchange for the Warrant and its 6,785 12,960 Preferred Shares, the 3,456,000 Exchange Shares Shares, and (ii) the Investor agrees to deliver to the Company the Warrant and certificate(s) or book-entry shares representing the Preferred Shares in exchange for the such number of Exchange Shares.

Preferred Exchange. (a) On the terms and subject to the conditions set forth in this Agreement, upon the Closing (i) the Company agrees to issue to the Investor, in exchange for the Warrant and its 6,785 [2,483,100] Preferred Shares, the [2,483,100] Exchange Shares Shares, and (ii) the Investor agrees to deliver to the Company the Warrant and the Preferred Shares marked cancelled in exchange for the such number of Exchange Shares.

Preferred Exchange. (a) On the terms and subject to the conditions set forth in this Agreement, upon the Closing (i) the Company agrees to issue to the Investor, in exchange for the Warrant and its 6,785 728,706 Preferred Shares, the 728,706 Exchange Shares Shares, and (ii) the Investor agrees to deliver to the Company the Warrant and certificate(s) or book-entry shares representing the Preferred Shares in exchange for the such number of Exchange Shares.

Preferred Exchange. (a) On the terms and subject to the conditions set forth in this Agreement, upon the Closing (i) the Company agrees to issue to the Investor, in exchange for the Warrant and its 6,785 1,185 Preferred Shares, the 316,000 Exchange Shares Shares, and (ii) the Investor agrees to deliver to the Company the Warrant and the Preferred Shares marked cancelled in exchange for the such number of Exchange Shares.

Preferred Exchange. (a) On the terms and subject to the conditions set forth in this Agreement, upon the Closing (i) the Company agrees to issue and deliver to the Investor, in exchange for the Warrant Preferred Shares (including all accrued and its 6,785 unpaid dividends payable on the Preferred SharesShares through and including the Closing Date), the Exchange Shares and the Cash Consideration and (ii) the Investor agrees to deliver to the Company the Warrant and the Preferred Shares in exchange for the Exchange SharesShares and the Cash Consideration.

Preferred Exchange. (a) On the terms and subject to the conditions set forth in this Agreement, upon the Closing (i) the Company agrees to issue to the Investor, in exchange for the Warrant and its 6,785 Preferred 4,500 Investor Shares, the Exchange Shares Consideration, and (ii) the Investor agrees to deliver to the Company the Warrant and the Preferred Investor Shares in exchange for the Exchange SharesConsideration.

Preferred Exchange. (a) On the terms and subject to the conditions set forth in this Agreement, upon the Closing (i) the Company agrees to issue to the Investor, in exchange for the Warrant and its 6,785 the Preferred SharesShares (including all accrued and unpaid dividends payable on the Preferred Shares through and including the Closing Date), the Exchange Shares and (ii) the Investor agrees to deliver to the Company the Warrant and the Preferred Shares in exchange for the Exchange Shares.

Preferred Exchange. (a) On the terms and subject to the conditions set forth in this Agreement, upon the Closing (i) the Company agrees to issue to the Investor, in exchange for the Warrant and its 6,785 6,858.75 Preferred Shares, the 1,829,000 Exchange Shares Shares, and (ii) the Investor agrees to deliver to the Company the Warrant and the Preferred Shares marked cancelled in exchange for the such number of Exchange Shares.

Preferred Exchange. (a) On the terms and subject to the conditions set forth in this Agreement, upon the Closing (i) the Company agrees to issue to the Investor, in exchange for the Warrant Preferred Shares (including all accrued and its 6,785 unpaid dividends payable on the Preferred SharesShares through and including the Closing Date), the Exchange Shares and (ii) the Investor agrees to deliver to the Company the Warrant and the Preferred Shares in exchange for the Exchange Shares.

Preferred Exchange. (a) On the terms and subject to the conditions set forth in this Agreement, upon the Closing (i) the Company agrees to issue to the Investor, in exchange for the Warrant and its 6,785 1,189,538 Preferred Shares, the 1,189,538 Exchange Shares Shares, and (ii) the Investor agrees to deliver to the Company the Warrant and the Preferred Shares marked cancelled in exchange for the such number of Exchange Shares.