Common use of Other Conversion Limitations Clause in Contracts

Other Conversion Limitations. So long as no Event of Default has occurred (i) the Holder shall not effect any Conversions of this Debenture using the Variable Conversion Price prior to [___]2, (ii) thereafter, the Holder shall not convert more than an aggregate of $500,000 of Principal amount of this Debenture and any Other Debenture held by the Holder or an affiliate of the Holder in any thirty (30) day period utilizing the Variable Conversion Price (subject to the Floor Price as set out in Section 3(a)(ii)). This limitation may be waived with the consent of the Company. No limit shall apply with respect to Conversions using the Fixed Conversion Price.

Other Conversion Limitations. So long as no Event of Default has occurred (i) the Holder shall not effect any Conversions of this Debenture using the Variable Conversion Price prior to [___]2March 20, 2020, (ii) thereafter, the Holder shall not convert more than an aggregate of $500,000 of Principal amount of this Debenture and any Other Debenture held by the Holder or an affiliate of the Holder in any thirty (30) day period utilizing the Variable Conversion Price (subject to the Floor Price as set out in Section 3(a)(ii)). This limitation may be waived with the consent of the Company. No limit shall apply with respect to Conversions using the Fixed Conversion Price.