Common use of No Fractional Warrant Shares or Scrip Clause in Contracts

No Fractional Warrant Shares or Scrip. No fractional Warrant Shares shall be issued upon the exercise of this Warrant. As to any fraction of a Share that the Holder would otherwise be entitled to purchase upon such exercise, the Corporation shall be entitled to round down such to the next whole Share.

Appears in 14 contracts

Sources: Warrant Agreement (Viewbix Inc.), Warrant Agreement (ScoutCam Inc.), Warrant Agreement (ScoutCam Inc.)

No Fractional Warrant Shares or Scrip. No fractional Warrant Shares shall be issued upon the exercise of this Warrant. As to any fraction of a Share that share of Common Shares which the Holder would otherwise be entitled to purchase upon such exercise, the Corporation Company shall be entitled to round down such to the next nearest whole Sharenumber of shares of Common Shares.

Appears in 2 contracts

Sources: Warrant Agreement (Pineapple Financial Inc.), Warrant Agreement (Pineapple Financial Inc.)

No Fractional Warrant Shares or Scrip. No fractional Warrant Shares shall be issued upon the exercise of this Warrant. As to any fraction of a Share that share of Class A Ordinary Shares which the Holder would otherwise be entitled to purchase upon such exercise, the Corporation Company shall be entitled to round down such to the next nearest whole Sharenumber of Class A Ordinary Shares.

Appears in 1 contract

Sources: Warrant Agreement (Decent Holding Inc.)