No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. In lieu of issuing fractional shares, the Company shall round up to the nearest whole share the number of Warrant Shares due upon exercise of this Warrant.
Appears in 7 contracts
Sources: Secured Convertible Note Purchase Agreement (Interiors Inc), Preferred Stock Purchase Agreement (Ijnt Net Inc), Convertible Debenture Agreement (Fonefriend Inc)
No Fractional Shares or Scrip. No fractional shares Shares or scrip representing fractional shares Warrant Shares shall be issued upon the exercise of this Warrant. In , but in lieu of issuing such fractional shares, Warrant Shares the Company shall round up issue an additional share of Common Stock to the nearest whole share Holder or pay the number Holder the fair market value of Warrant Shares due upon exercise such fractional share, as determined in the reasonable discretion of this Warrantthe Board of Directors of the Company, in the Company’s sole discretion.
Appears in 7 contracts
Sources: Common Stock Purchase Warrant (Mangoceuticals, Inc.), Trademark Acquisition Agreement (Agassi Sports Entertainment Corp.), Common Stock Purchase Warrant (Monaker Group, Inc.)
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares share shall be issued upon the exercise of this Warrant. In lieu of issuing any fractional sharesshare to which the Holder would otherwise be entitled, the Company shall round up such fraction to the nearest whole share the number of Warrant Shares due upon exercise of this Warrantnumber.
Appears in 6 contracts
Sources: Warrant Agreement (Pluristem Life Systems Inc), Warrant Agreement (Pluristem Life Systems Inc), Warrant Agreement (Pluristem Life Systems Inc)
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. In lieu of issuing any fractional sharesshare to which the Holder would otherwise be entitled, the Company shall round up the number of shares to the nearest whole share the number of Warrant Shares due upon exercise of this Warrantshare.
Appears in 4 contracts
Sources: Underwriting Agreement (Pacific Multimedia Inc), Common Stock Warrant (E Com International Inc), Common Stock Warrant (E Com International Inc)
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. In , but in lieu of issuing such fractional shares, shares the Company shall round up to the nearest whole share the number of Warrant Shares due upon exercise of this Warrantshare.
Appears in 4 contracts
Sources: Warrant Agreement (Neuropathix, Inc.), Warrant Agreement (Neuropathix, Inc.), Warrant Agreement (Globe Photos, Inc.)
No Fractional Shares or Scrip. No fractional shares Shares or scrip representing fractional shares Shares shall be issued upon the any exercise of Warrants evidenced by this WarrantWarrant Certificate. In lieu of issuing any fractional sharesShare that would otherwise be issued to a Warrantholder upon the exercise of any Warrants, the Company shall round up to the nearest whole share number the number of Warrant Shares due upon exercise of this Warrantto be issued to such Warrantholder.
Appears in 4 contracts
Sources: Warrant Agreement, Warrant Agreement (Horizon Lines, Inc.), Warrant Agreement (H-L Distribution Service, LLC)
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrantthe rights under any Warrants. In lieu of issuing such fractional sharesShare to which a Holder would otherwise be entitled, the Company shall round up down to the nearest whole share the number of Warrant Shares due upon exercise of this WarrantShare.
Appears in 4 contracts
Sources: Warrant Agreement (NEXGENT Inc.), Warrant Agreement (Crush Capital Inc.), Warrant Agreement (M&m Media, Inc.)
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. In Warrant and the Holder shall not be entitled to any cash or other consideration in lieu of issuing any fractional sharesinterest in a Warrant Share or claim thereto. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall round up such fraction down to the nearest next whole share the number of Warrant Shares due upon exercise of this Warrantshare.
Appears in 4 contracts
Sources: Common Share Purchase Agreement (Dragonwave Inc), Common Share Purchase Warrant (Dragonwave Inc), Common Share Purchase Warrant (Dragonwave Inc)
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. In lieu of issuing any fractional sharesshare to which the Holder would otherwise be entitled, the Company shall round up make a cash payment equal to the nearest whole fair market value of a share (as determined in good faith by the number Board of Warrant Shares due upon exercise Directors of this Warrantthe Company) multiplied by such fraction.
Appears in 3 contracts
Sources: Purchase Agreement (Tellium Inc), Purchase Agreement (Tellium Inc), Settlement Agreement (Ratexchange Corp)
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares of Common Stock shall be issued upon the exercise of this Warrant. In lieu As to any fraction of issuing fractional sharesa share of Common Stock which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall round up down to the nearest next whole share share. There shall be no prohibition on the number issuance of fractional Warrant Shares due upon exercise of this WarrantShares.
Appears in 3 contracts
Sources: Warrant Agreement (ImmunoCellular Therapeutics, Ltd.), Warrant Agreement (ImmunoCellular Therapeutics, Ltd.), Warrant Agreement (ImmunoCellular Therapeutics, Ltd.)
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. In , but in lieu of issuing such fractional sharesshares which would, otherwise be issuable, the Company shall round up to the nearest whole share the number of Warrant Shares due upon exercise of this Warrantissued to the Holder to the nearest whole number.
Appears in 2 contracts
Sources: Warrant Agreement (Frelii, Inc.), Warrant Agreement (Network Cn Inc)
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. In lieu If the issuance would result in the issuance of issuing a fractional share or scrip representing fractional shares, the Company shall round such fractional share up to the nearest whole share the number of Warrant Shares due upon exercise of this Warrantshare.
Appears in 2 contracts
Sources: Security Agreement (CorMedix Inc.), Security Agreement (CorMedix Inc.)
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of the rights under this Warrant. In lieu of issuing such fractional sharesshare to which Holder would otherwise be entitled, the Company shall round up make a cash payment equal to the nearest whole share the number of Warrant Shares due upon exercise of this WarrantPrice multiplied by such fraction.
Appears in 2 contracts
Sources: Loan and Security Agreement (Accolade, Inc.), Loan and Security Agreement (Accolade, Inc.)
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. In lieu of issuing any fractional sharesshare to which the Holder would otherwise be entitled, the Company shall make a cash payment equal to the fair market value multiplied by such fraction or, at the Company’s option, round up such fractional share to the nearest whole share share. The fair market value shall be determined by the number Company’s Board of Warrant Shares due upon exercise of this WarrantDirectors.
Appears in 2 contracts
Sources: Warrant Agreement (Worldgate Communications Inc), Warrant Agreement (Worldgate Communications Inc)
No Fractional Shares or Scrip. No The Company shall not issue any fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. In lieu of issuing any fractional sharesshare to which the Holder would otherwise be entitled, the Company shall round up make a cash payment equal to the nearest whole fair market value of one share the number of Warrant Shares due upon exercise of this Warrantcommon stock determined in accordance with Section 3 multiplied by such fraction.
Appears in 2 contracts
Sources: Warrant Agreement (Triumph Fuels Corp), Warrant Agreement (Triumph Fuels Corp)
No Fractional Shares or Scrip. No fractional shares of Purchaser Common Stock or other equity interests or scrip representing fractional shares shall be issued upon the exercise of this Warrant. In lieu of issuing any fractional sharesshare to which a Holder would otherwise be entitled, the Company Holder shall round up be entitled to receive a cash payment equal to the nearest whole Fair Market Value of such fractional share the number of Warrant Shares due upon exercise of this WarrantPurchaser Common Stock.
Appears in 1 contract
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. In , but in lieu of issuing such fractional shares, shares the Company shall round up all fractional shares to the nearest next whole share the number of Warrant Shares due upon exercise of this Warrantshare.
Appears in 1 contract
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. In , but in lieu of issuing such fractional shares, shares the Company shall round such fractional share up to the nearest next whole share the number of Warrant Shares due upon exercise of this Warrantshare.
Appears in 1 contract
No Fractional Shares or Scrip. No fractional shares Shares or scrip representing fractional shares Shares shall be issued upon the exercise of this Warrant. In , but in lieu of issuing such fractional shares, Shares the Company shall round up to the nearest issue one additional whole share the number Share of Warrant Shares due upon exercise of this WarrantCommon Stock.
Appears in 1 contract
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. In lieu of issuing any fractional sharesshare to which the Holder would otherwise be entitled, the Company shall round up pay to the nearest whole Holder the cash value of the fractional share based upon the number current market value of Warrant Shares due upon exercise Common Stock as determined in the sole discretion of this Warrantthe Company.
Appears in 1 contract
Sources: Loan Agreement (Heatwurx, Inc.)
No Fractional Shares or Scrip. No fractional shares Shares or scrip representing fractional shares Shares shall be issued upon the exercise of this Warrant. In , but in lieu of issuing such fractional shares, Shares the Company shall round up issue an additional share of common stock to the nearest whole share Holder or pay the number Holder the fair market value of Warrant Shares due upon exercise such fractional share, as determined in the reasonable discretion of this Warrantthe Board of Directors of the Company, in the Company’s sole discretion.
Appears in 1 contract
No Fractional Shares or Scrip. No fractional shares Shares or scrip representing fractional shares Shares shall be issued upon the exercise of this Warrant. In lieu of issuing any fractional sharesShare to which the Holder would otherwise be entitled, the Company shall round up pay to Holder the nearest whole share the number Fair Market Value of Warrant Shares due upon exercise of this Warrantany such fractional Share.
Appears in 1 contract
Sources: Warrant Agreement (Veriteq)
No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. In lieu of issuing any fractional sharesshare to which the Holder would otherwise be entitled, the Company shall make a cash payment equal to the fair market value multiplied by such fraction or, at the Company's option, round up such fractional share to the nearest whole share share. The fair market value shall be determined by the number Company's Board of Warrant Shares due upon exercise of this WarrantDirectors.
Appears in 1 contract