Common use of PUTS Clause in Contracts

PUTS. Upon the terms and conditions set forth herein ---- (including, without limitation, the provisions of Article VII hereof), on any Put Date the Company may make a Put by the delivery of a Put Notice. The number of Put Shares that the Investor shall receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price for such Valuation Period. The Investment Amount shall not exceed the Maximum Put Amount on the date of the Put Notice.

PUTS. Upon the terms and conditions set forth herein ---- (including, without limitation, the provisions of Article VII hereof), on any Put Date the Company may make a Put by the delivery of a Put Notice. Notice/ Compliance Certificate in the form attached hereto as Exhibit D. The number of Put Shares that the Investor shall receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price for on such Valuation Period. The Investment Amount Put Date, which number of shares shall not exceed the Maximum Put Amount on the date of the Put Noticesuch date.

PUTS. Upon the terms and conditions set forth herein ---- (including, without limitation, the provisions of Article VII hereof), on any Put Date the Company may make a Put by the delivery of a Put Notice. Notice in the form attached hereto as Exhibit C. The number of Put Shares that the Investor Investors shall receive pursuant to such Put shall be divided pro rata amongst the Investors, according to each Investors portion of the Initial Shares Investment Amount, and shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price for such Valuation Period. The Investment Amount Price, which number of shares shall not exceed the Maximum Put Amount on such date, nor the date of the Put Noticelimitations set forth in Sections 2.1(b) and 3.6 below.

PUTS. Upon the terms and conditions set forth herein ---- (including, without limitation, the provisions of Article VII hereof), on any Put Date the Company may make a Put by the delivery of a Put Notice. Notice in the form attached hereto as Exhibit C. The number of Put Shares that the Investor Investors shall receive pursuant to such Put shall be determined by dividing the Put Investment Amount specified in the Put Notice by the Purchase Price for on such Valuation Period. The Investment Amount Put Date, which number of shares shall not exceed the Maximum Put Amount on the date of the Put Noticesuch date.

PUTS. Upon the terms and conditions set forth herein ---- (including, without limitation, the provisions of Article VII hereof), on any Put Date the Company may make a Put by the delivery of a Put Notice. The number of Put Shares that the Investor shall receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price for such Valuation Period. The Investment Amount shall be at least equal to the Minimum Put Amount and not exceed the Maximum Put Amount on the date of the Put Notice.

PUTS. Upon the terms and conditions set forth herein ---- (including, without limitation, the provisions of Article VII hereof), on any Put Date the Company may make a Put by the delivery of a Put Notice. Notice/ Compliance Certificate in the form attached hereto as Exhibit D. The number of Put Shares that the Investor Investors shall receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price for on such Valuation Period. The Investment Amount Put Date, which number of shares shall not exceed the Maximum Put Amount on the date of the Put Noticesuch date.

PUTS. Upon the terms and conditions set forth herein ---- (including, without limitation, the provisions of Article VII hereof), on any Put Date the Company may make a Put by the delivery of a Put Notice. Notice in the form attached hereto as Exhibit C. The number of Put Shares that the Investor Investors shall receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price for on such Valuation PeriodPut Date. The Investment Amount for each Put as designated by the Company in the applicable Put Notice shall not exceed be less than $100,000 nor more than the Maximum Put Amount on the date of the Put NoticeDate.

PUTS. Upon the terms and conditions set forth herein ---- (including, without limitation, the provisions of Article VII hereof), on any Put Date the Company may make a Put by the delivery of a Put Notice. Notice in the form attached hereto as Exhibit C. The number of Put Shares that the Investor shall receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price for on such Valuation Period. The Investment Amount Put Date, which number of shares shall not exceed the Maximum Put Amount on the date of the Put Noticesuch date.