Common use of Cash Paid Instead of Issuing Fractional Securities Clause in Contracts

Cash Paid Instead of Issuing Fractional Securities. No fractional securities shall be issued upon exercise of a Right (other than fractions of Preferred Shares that are integral multiples of one one-hundredth of a Preferred Share and that may, at the election of the Company, be evidenced by depositary receipts) and in lieu thereof, an adjustment in cash shall be made based on the market price of such securities on the last trading date prior to the date of exercise.

Cash Paid Instead of Issuing Fractional Securities. No fractional securities shall be issued upon exercise of a Right (other than fractions of Preferred Shares that are integral multiples of one one-hundredth thousandth of a Preferred Share and that Share, which fractions may, at the election of the Company, be evidenced by depositary receipts) and in lieu thereof, an adjustment in cash shall be made based on the market price of such securities on the last trading date prior to before the date of exercise.

Cash Paid Instead of Issuing Fractional Securities. No fractional securities shall will be issued upon exercise of a Right (other than fractions of Preferred Shares that are integral multiples of one onefour-hundredth thousandth of a Preferred Share and that may, at the election of the Company, be evidenced by depositary receipts) and in lieu thereof, an adjustment in cash shall will be made based on the market price of such securities on the last trading date prior to the date of exercisesecurities.

Cash Paid Instead of Issuing Fractional Securities. No fractional securities shall be issued upon exercise of a Right (other than fractions of Preferred Shares that are integral multiples of one one-hundredth ten thousandth of a Preferred Share and that may, at the election of the Company, be evidenced by depositary receipts) and in lieu thereof, an adjustment a payment in cash shall be made based on the market price of such securities on the last trading date prior to the date of exercise.

Cash Paid Instead of Issuing Fractional Securities. No fractional securities shall be issued upon exercise of a Right (other than fractions of Preferred Shares that are integral multiples of one onefour-hundredth of a Preferred Share and that may, at the election of the Company, be evidenced by depositary receipts) and in lieu thereof, an adjustment in cash shall be made based on the market price of such securities on the last trading date prior to the date of exercisesecurities.

Cash Paid Instead of Issuing Fractional Securities. No fractional securities shall be issued upon exercise of a Right (other than fractions of Preferred Shares that are integral multiples of one one-hundredth of a Preferred Share and that Share, which fractions may, at the election of the Company, be evidenced by depositary receipts) and in lieu thereof, an adjustment in cash shall be made based on the market price of such securities on the last trading date prior to the date of exercise.

Cash Paid Instead of Issuing Fractional Securities. No fractional securities shall be issued upon exercise of a Right (other than fractions of Preferred Shares that are integral multiples of one one-hundredth of a Preferred Share and that Share, which fractions may, at the election of the Company, be evidenced by depositary receipts) and in lieu thereof, an adjustment in cash shall be made based on the market price of such securities on the last trading date prior to before the date of exercise.

Cash Paid Instead of Issuing Fractional Securities. No fractional securities shall be issued upon exercise of a Right (other than fractions of Preferred Shares that are integral multiples of one one-one- hundredth of a Preferred Share and that may, at the election of the Company, be evidenced by depositary receipts) and in lieu thereof, an adjustment in cash shall be made based on the market price of such securities on the last trading date prior to the date of exercise.

Cash Paid Instead of Issuing Fractional Securities. No fractional securities shall be issued upon exercise of a Right (other than fractions of Preferred Shares that are integral multiples of one one-hundredth ten thousandth of a Preferred Share and that may, at the election of the Company, be evidenced by depositary receipts) and in lieu thereof, an adjustment in cash shall be made based on the market price of such securities on the last trading date prior to the date of exercise.

Cash Paid Instead of Issuing Fractional Securities. No fractional securities shall will be issued upon exercise of a Right (other than fractions of Preferred Shares that are integral multiples of one one-one- hundredth of a Preferred Share and that may, at the election of the Company, be evidenced by depositary receipts) and in lieu thereof, an adjustment in cash shall be made based on the market price of such securities on the last trading date prior to the date of exercise.

Cash Paid Instead of Issuing Fractional Securities. No fractional securities shall are required to be issued upon exercise of a Right (other than fractions of Preferred Shares that are integral multiples of one one-hundredth thousandth of a Preferred Share and that may, at the election of the Company, be evidenced by depositary receipts) and in lieu thereof, at the Company’s election, an adjustment in cash shall may be made based on the market price of such securities on the last trading date prior to the date of exercise.

Cash Paid Instead of Issuing Fractional Securities. No fractional securities shall be issued upon exercise of a Right (other than fractions of Preferred Shares that are integral multiples of one one-one- hundredth of a Preferred Share and that Share, which fractions may, at the election of the Company, be evidenced by depositary receipts) and in lieu thereof, an adjustment in cash shall be made based on the market price of such securities on the last trading date prior to the date of exercise.