Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of Shares on the exercise of this Warrant, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated pursuant to Section 5.2.
Appears in 4 contracts
Sources: Warrant Agreement (Bentley Pharmaceuticals Inc), Warrant Agreement (Belmac Corp /Fl/), Warrant Agreement (Telepad Corp)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of Warrant Shares on the exercise of this Warrant, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated pursuant to Section 5.2eliminated.
Appears in 1 contract
Sources: Services and License Agreement (Sinofresh Healthcare Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of Shares on upon the exercise of this Warrantthe Warrants, nor shall it be required to issue scrip or pay cash in lieu of fractional interests; provided, it being however, that if a Holder exercises all Warrants held of record by such Holder the intent of the parties that all fractional interests shall be eliminated pursuant by rounding any fraction up to Section 5.2the nearest whole number of Shares.
Appears in 1 contract
Sources: Underwriter's Warrant Agreement (All American Food Group Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of Warrant Shares on upon the exercise of this Warrantthe Warrants, nor shall it be required to issue scrip or pay cash in lieu of fractional interests; provided, it being however, that if a Holder exercises all Warrants held of record by such Holder the intent of the parties that all fractional interests shall be eliminated pursuant by rounding any fraction up to Section 5.2the nearest whole number of Shares.
Appears in 1 contract
Sources: Underwriters' Warrant Agreement (Startec Global Communications Corp)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of Shares on or fractions of Underlying Warrants upon the exercise of this Warrant, the Warrants nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated pursuant by rounding any fraction up to Section 5.2the nearest whole number of Shares and Underlying Warrants.
Appears in 1 contract
Sources: Warrant Agreement (Accent Software International LTD)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of Shares on the exercise of this WarrantShares, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated pursuant by rounding any fraction up to Section 5.2.the nearest whole number of Shares. AyurCore, Inc. Representative's Warrant Agreement
Appears in 1 contract
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of Shares on Class A Stock or fractions of warrants upon the exercise of this Warrantthe Representative's Warrants, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated pursuant by rounding any fraction up to Section 5.2the nearest whole number of Class A Stock and warrants.
Appears in 1 contract
Sources: Representative's Warrant Agreement (Bio Aqua Systems Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of Ordinary Shares on upon the exercise of this the Warrant, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated pursuant by rounding any fraction up to Section 5.2the nearest whole number of Ordinary Shares, or other securities, properties or rights.
Appears in 1 contract
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of Shares shares of Common Stock on the exercise of this Warrant, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated pursuant to Section 5.2.
Appears in 1 contract
Sources: Warrant Agreement (Pharmaprint Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of Warrant Shares on or Underlying Warrants upon the exercise of this Warrant, the Warrants nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated pursuant by rounding any fraction up to Section 5.2the nearest whole number of Warrant Shares or Underlying Warrants.
Appears in 1 contract
Sources: Warrant Agreement (Accent Software International LTD)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of Shares on or fractions of warrants upon the exercise of this Warrantthe Representative's Warrants, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated pursuant by rounding any fraction up to Section 5.2the nearest whole number of Shares and warrants.
Appears in 1 contract