Common use of Sale of Additional Debentures Clause in Contracts

Sale of Additional Debentures. The Purchaser acknowledges that between the date of this Agreement and the Closing Date, the Company shall have the right (but not the obligation) to issue and sell to $30,000,000 of Convertible Debentures (inclusive of the $17,385,210 of Convertible Debenture previously issued), as contemplated by Section 3.8(a) above.

Sale of Additional Debentures. The Purchaser acknowledges that between the date of this Agreement and the Closing Date, the Company shall have the right (but not the obligation) to issue and sell up to $30,000,000 45,000,000 of Convertible Debentures (inclusive of the $17,385,210 of all Convertible Debenture previously issued), as contemplated by Section 3.8(a) above.