Common use of Sale of Common Shares Clause in Contracts

Sale of Common Shares. (i) The Investor shall not at any time during the Commitment Period sell Common Shares exceeding the number of Common Shares which it owns and/or has the right to subscribe for pursuant to outstanding Placement Notices. (ii) The Investor undertakes that it shall not on any Trading Day sell Common Shares exceeding such number as represent one 1/15th of the Common Shares which it owns and/or has the right to subscribe for pursuant to an outstanding Placement Notice. (iii) The Investor undertakes that during the Commitment Period it will not acquire, and the Investor shall not, notwithstanding any terms hereof, be obligated to acquire or subscribe for, any Common Shares which would in aggregate take its holding to more than 9.9 per cent of the outstanding Common Shares of the Company at any given time.

Sale of Common Shares. (i) The Investor shall not at any time during the Commitment Period sell Common Shares exceeding the number of Common Shares which it owns and/or has the right to subscribe for pursuant to outstanding Placement Draw Down Notices. (ii) The Investor undertakes that it shall not on any Trading Day sell Common Shares exceeding such number as represent one 1/15th of the Common Shares which it owns and/or has the right to subscribe for pursuant to an outstanding Placement Draw Down Notice. (iii) The Investor undertakes that during the Commitment Period it will not acquire, and the Investor shall not, notwithstanding any terms hereof, be obligated to acquire or subscribe for, any Common Shares which would in aggregate take its holding to more than 9.9 19.9 per cent of the outstanding Common Shares of the Resulting Company at any given time.

Sale of Common Shares. (i) The Investor shall not at any time during the Commitment Period sell Common Shares exceeding the number of Common Shares which it owns and/or has the right to subscribe for pursuant to outstanding Placement Draw Down Notices. (ii) The Investor undertakes that it shall not on any Trading Day sell Common Shares exceeding such number as represent one 1/15th of the Common Shares which it owns and/or has the right to subscribe for pursuant to an outstanding Placement Draw Down Notice. (iii) The Investor undertakes that during the Commitment Period it will not acquire, and the Investor shall not, notwithstanding any terms hereof, be obligated to acquire or subscribe for, any Common Shares which would in aggregate take its holding to more than 9.9 19.9 per cent of the outstanding Common Shares of the Resulting Company at any given timetime (not including any Underlying Common Shares received upon exercise of the Warrants).