Elimination of Fractional Interest. The Company shall not be required to issue certificates representing fractions of Public Warrants upon the exercise of the Warrants, nor shall it be required to issue script or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests may be eliminated by rounding any fraction up to the nearest whole number of Public Warrants or other securities, properties or rights, or in lieu thereof paying cash equal to such fractional interest.
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Samples: Acquire Warrants Agreement (Opexa Therapeutics, Inc.), Acquire Warrants Agreement (Opexa Therapeutics, Inc.)
Elimination of Fractional Interest. The Company shall not be required to issue certificates representing fractions of Public Warrants shares of Common Stock upon the exercise of the Warrants and/or Underlying Warrants, nor shall it be required to issue script or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests may be eliminated eliminated, at the Company's option, by rounding any fraction up to the nearest whole number of Public Warrants shares of Common Stock or other securities, properties or rights, or in lieu thereof paying cash equal to such fractional interest.thereof
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Elimination of Fractional Interest. The Company shall not be required to issue certificates representing fractions of Public Warrants shares of Common Stock upon the exercise of the Warrants, nor shall it be required to issue script scrip or pay cash in lieu of fractional Factional interests, it being the intent of the parties that all fractional interests may shall be eliminated by rounding any fraction up to the nearest whole number of Public Warrants or other securities, properties or rights, or in lieu thereof paying cash equal to such fractional interestshares of Common Stock.
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Samples: Warrant Agreement (Protosource Corp)
Elimination of Fractional Interest. The Company shall not be required to issue certificates representing fractions of Public Warrants upon the exercise of the Warrants, nor shall it be required to issue script or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests may be eliminated eliminated, at the Company’s option, by rounding any fraction up to the nearest whole number of Public Warrants or other securities, properties or rights, or in lieu thereof paying cash equal to such fractional interestinterest multiplied by the Market Price of a Public Warrant.
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