No Fractional Warrants Other Than as Part of Units. The Company shall not issue fractional Private Warrants other than as part of Units, each of which is comprised of one Ordinary Share and one-third of one Private Warrant. If, upon the detachment of Private Warrants from Private Placement Units or otherwise, a holder of Private Warrants would be entitled to receive a fractional Private Warrant, the Company shall round down to the nearest whole number the number of Private Warrants to be issued to such holder.
Appears in 2 contracts
Sources: Warrant Agreement (Viking Acquisition Corp I), Warrant Agreement (Viking Acquisition Corp I)