Common use of Conversion Feature Clause in Contracts

Conversion Feature. The Debentures shall be automatically converted into such number of Common Shares as is equal to the aggregate Outstanding Principal of the Debentures being converted divided by the applicable Conversion Price (rounded down to the nearest whole Common Share), without any further action on behalf of the holder within five (5) Business Days after delivery by the holder of a Conversion Notice. In addition, upon the Maturity Date of the Debentures, subject to Section 2.3.4 below, the Debentures shall be automatically converted into such number of Common Shares as is equal to the aggregate Outstanding Principal of the Debentures being converted divided by the applicable Conversion Price (rounded down to the nearest whole Common Share), without any further action on behalf of the holder.

Conversion Feature. The Debentures shall be automatically converted into such number of Common Shares as is equal to the aggregate Outstanding Principal of the Debentures being converted divided by the applicable Conversion Price (rounded down to the nearest whole Common Share), without any further action on behalf of the holder within five two (52) Business Days trading days after delivery by the holder of a Conversion Notice. In addition, upon the Maturity Date of the Debentures, subject to Section 2.3.4 (e) below, the Debentures shall be automatically converted into such number of Common Shares as is equal to the aggregate Outstanding Principal of the Debentures being converted divided by the applicable Conversion Price (rounded down to the nearest whole Common Share), without any further action on behalf of the holder, unless the Corporation shall have provided five (5) business days’ notice that it has elected to reimburse one hundred percent (100%) of the Outstanding Principal of such Debentures for cash on the Maturity Date.

Conversion Feature. The Debentures shall be automatically converted into such number of Common Shares as is equal to the aggregate Outstanding Principal of the Debentures being converted divided by the applicable Conversion Price (rounded down to the nearest whole Common Share), without any further action on behalf of the holder within five (5) Business Days trading days after delivery by the holder of a Conversion Notice. In addition, upon the Maturity Date of the Debentures, subject to Section 2.3.4 (e) below, the Debentures shall be automatically converted into such number of Common Shares as is equal to the aggregate Outstanding Principal of the Debentures being converted divided by the applicable Conversion Price (rounded down to the nearest whole Common Share), without any further action on behalf of the holder, unless the Corporation shall have provided five (5) business days’ notice that it has elected to reimburse one hundred percent (100%) of the Outstanding Principal of such Debentures for cash on the Maturity Date.