Common use of Conversions of Fractional Shares Not Permitted Clause in Contracts

Conversions of Fractional Shares Not Permitted. Notwithstanding anything to the contrary in this Certificate of Designations, in no event will any Holder be entitled to convert a number of shares of Convertible Preferred Stock that is not a whole number.

Appears in 10 contracts

Samples: Investment Agreement (Rhythm Pharmaceuticals, Inc.), Securities Purchase Agreement (Azz Inc), Exchange Agreement (Comtech Telecommunications Corp /De/)

AutoNDA by SimpleDocs

Conversions of Fractional Shares Not Permitted. Notwithstanding anything to the contrary in this Certificate of DesignationsDesignation, in no event will any Holder be entitled to convert a number of shares of Convertible Preferred Stock that is not a whole number.

Appears in 4 contracts

Samples: Registration Rights Agreement (Upland Software, Inc.), Securities Purchase Agreement (APi Group Corp), Securities Purchase Agreement (APi Group Corp)

AutoNDA by SimpleDocs

Conversions of Fractional Shares Not Permitted. Notwithstanding anything to the contrary in this Certificate of DesignationsAmendment, in no event will any Holder be entitled to convert a number of shares of Convertible Preferred Stock Shares (taking into account all Convertible Preferred Shares held by such Holder to be converted in the aggregate) that is not a whole number.

Appears in 1 contract

Samples: Registration Rights Agreement (Agilysys Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.