Common use of Authorization of Issue Clause in Contracts

Authorization of Issue. The Company will authorize the issue of up to $2,000,000 in aggregate principal amount of its 6% Senior Secured Subordinated Convertible Notes (the "Convertible Notes" or "Notes"). The Convertible Notes shall, with appropriate insertions, be substantially in the form attached as Exhibit A hereto, and shall mature on May __, 2007.

Authorization of Issue. The Company will authorize the issue of up to $2,000,000 750,000 in aggregate principal amount of its 615% Senior Secured Convertible Subordinated Convertible Notes (the "Convertible Notes" or "Notes"). The Convertible Notes shall, with appropriate insertions, be substantially in the form attached as Exhibit A hereto, and shall mature on May October __, 20072000.

Authorization of Issue. The Company will authorize the issue of up to $2,000,000 in aggregate principal amount of its 6% Senior Secured Subordinated Convertible Notes (the "“Convertible Notes" “ or "“Notes"”). The Convertible Notes shall, with appropriate insertions, be substantially in the form attached as Exhibit A hereto, and shall mature on May July __, 2007.

Authorization of Issue. The Company will authorize the issue of up to $2,000,000 in aggregate principal amount of its 6% Senior Secured Subordinated Convertible Notes (the "Convertible Notes" or "Notes"). The Convertible Notes shall, with appropriate insertions, be substantially in the form attached as Exhibit A hereto, and shall mature on May July __, 2007.