Common use of Commitment Fee Shares Clause in Contracts

Commitment Fee Shares. Borrower shall fail to issue and deliver to Holder the Commitment Fee Shares prior to the tenth Trading Day after a Conversion Date pursuant to Sections 2.5 and 3.4 or Borrower shall provide at any time notice to Holder, including by way of public announcement, of Borrower’s intention to not honor requests for conversions of this Debenture in accordance with the terms hereof.

Appears in 2 contracts

Sources: Convertible Security Agreement (Tauriga Sciences, Inc.), Convertible Debenture (Tauriga Sciences, Inc.)