Common use of Shareholding Limitation Clause in Contracts

Shareholding Limitation. (a) The Investor shall not be required by the Company to accept or be issued Amortisation Shares or Conversion Shares to the extent that the number of Investor’s Shares to be issued as a result of that Amortisation or Conversion would be greater than the Market Capitalisation Amount, unless the Investor gives its written consent (such consent to be given or withheld in the Investor’s sole and unfettered discretion and on any conditions determined by the Investor).

Shareholding Limitation. (a) The Notwithstanding any other provision of this Agreement, the Investor shall not be required by the Company to subscribe for Placement Shares, nor accept or be issued Amortisation Shares or Conversion Shares to the extent that the number of Investor’s Investment Shares to be issued as a result of that Amortisation Closing or Conversion would be greater than the Market Capitalisation Amount, unless the Investor gives its written consent (such consent to be given or withheld in the Investor’s sole and unfettered discretion and on any conditions determined by the Investor).