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/ 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 on such Put Date, which number of shares shall not exceed the Maximum Put Amount on such 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/ Compliance Certificate Notice in the form attached hereto as Exhibit D. 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 on such Put Date, which number of shares shall not exceed the Maximum Put Amount on such 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/ Compliance Certificate in the form attached hereto as Exhibit D. 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 on for such Valuation Period. The Investment Amount shall be at least equal to the Minimum Put Date, which number of shares shall Amount and not exceed the Maximum Put Amount on such datethe 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/ Compliance Certificate in the form attached hereto as Exhibit D. 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 on for such Put Date, which number of shares Valuation Period. The Investment Amount shall not exceed the Maximum Put Amount on such datethe 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/ 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 on such Put Date, which number of shares shall not exceed the Maximum Put Amount on such 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/ Compliance Certificate Notice in the form attached hereto as Exhibit D. 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 on such Put Date, which number of shares shall not exceed the Maximum Put Amount on such 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/ Compliance Certificate Notice in the form attached hereto as Exhibit D. 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 on such Put DatePrice, which number of shares shall not exceed the Maximum Put Amount on such date, nor the limitations 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 exercise a Put by the delivery of a Put Notice/ Compliance Certificate in the form attached hereto as Exhibit D. 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 on with respect to such Put Date, which number rounded to the nearest whole share but not in excess of shares shall not exceed the Maximum Put Amount on such dateAmount.

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/ Compliance Certificate Notice in the form attached hereto as Exhibit D. 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 on such Put Date, which number of shares . 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 such datethe Put Date.