Common use of The Conversion Notice Clause in Contracts

The Conversion Notice. (a) must request conversion into Common Shares of a Noteholder’s entire holding of Convertible Loan Notes; (b) shall specify the nominal amount of Convertible Loan Notes held by it; (c) shall be duly completed and signed by the Noteholder; (d) shall be accompanied by the certificate representing the Convertible Loan Notes to be converted; and (e) if applicable, must specify the Extended Maturity Conversion Date. A Conversion Notice shall not be withdrawn once given by the Noteholder.

The Conversion Notice. (a) must request conversion into Common Shares of a Noteholder’s entire holding of Convertible Loan Notes; (b) shall specify the nominal amount of Convertible Loan Notes held by it, plus the Noteholder’s estimate of the amount of any accrued interest as at the Conversion Date in respect of all of his or her Convertible Loan Notes; (c) shall be duly completed and signed by the Noteholder;; and (d) shall be accompanied by the certificate representing the Convertible Loan Notes to be converted; and (e) if applicable, must specify the Extended Maturity Conversion Date. A Conversion Notice shall not be withdrawn once given by the Noteholder.