Common use of Limited Release Clause in Contracts

Limited Release. The Parties acknowledge and agree that, following the Lender’s receipt of the Conversion Shares, the Conversion Amount shall be considered paid in full, the Lender will be deemed to have released all claims held by it with respect to such Conversion Amount and the Company shall have no further repayment obligations to the Lender with respect to the Conversion Amount; provided, however, that the amount of principal and accrued and unpaid interest outstanding under the Facility Agreement (other than the Conversion Amount) shall, subject to the terms and conditions of the Facility Agreement, continue to be outstanding and the Company’s obligations in respect of such amounts shall not be impaired or otherwise affected by the Conversion.