Common use of Instructions to Transfer Agent Clause in Contracts

Instructions to Transfer Agent. The Company will issue to its transfer agent an irrevocable instruction letter to issue Common Stock upon conversion of the Preferred Shares (in accordance with the Certificate of Designation and, so long as Section 5(c) above is complied with, free of the Legend) upon receipt of a valid Notice of Conversion from the Purchaser and the certificates representing the Preferred Shares.

Instructions to Transfer Agent. The Company will issue to its transfer agent an irrevocable instruction letter to issue Common Stock upon conversion of the Preferred Shares (in accordance with the Certificate of Designation and, so Designation) and upon exercise of the Warrants upon receipt of a valid Notice of Conversion or Exercise Agreement from the Purchaser and the certificates representing the Preferred Shares or Warrants. So long as Section 5(c) above is complied with, the Conversion Shares and the Warrant Shares shall be issued free of the Regulation S Legend) upon receipt of a valid Notice of Conversion from the Purchaser and the certificates representing the Preferred Shares.