Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock upon the exercise of the Underwriter's Warrants, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Common Stock or other securities, properties or rights.
Appears in 9 contracts
Samples: 'S Warrant Agreement (Pacifichealth Laboratories Inc), Warrant Agreement (Jeremys Microbatch Ice Creams Inc), Underwriter's Warrant Agreement (Pacifichealth Laboratories Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock or Warrants upon the exercise or transfer of the Underwriter's WarrantsPurchase Option, nor shall it be required to issue scrip or pay cash in lieu of any fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up or down to the nearest whole number of Warrants, shares of Common Stock or other securities, properties or rights.
Appears in 8 contracts
Samples: Underwriting Agreement (Fusion Telecommunications International Inc), Millbrook Press Inc, Teardrop Golf Co
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock or Redeemable Warrants upon the exercise of the Underwriter's Warrants, nor shall it be required to issue scrip or pay cash in lieu fractions of fractional interestsshares of Common Stock upon the exercise of the Redeemable Warrants underlying the Warrants, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Common Stock or Redeemable Warrants, as the case may be, or other securities, properties or rights.
Appears in 8 contracts
Samples: Warrant Agreement (Innopet Brands Corp), Representative's Warrant Agreement (Truevision International Inc), Warrant Agreement (Lasik America Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock upon the exercise of the Underwriter's WarrantsWarrant, nor shall it be required to issue scrip or pay cash in lieu of fractional interests; provided, it being however, that if a Holder exercises all Underwriter's Warrant held of record by such Holder the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Common Stock or other securities, properties or rights.
Appears in 7 contracts
Samples: Warrant Agreement (Weststar Environmental Inc), Warrant Agreement (Nutriceuticals Com Corp), Warrant Agreement (Esafetyworld Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock Shares or Warrants upon the exercise of the Underwriter's WarrantsPurchase Option, nor shall it be required to issue scrip or pay cash in lieu of any fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up or down to the nearest whole number of shares of Warrants, Common Stock Shares or other securities, properties or rights.
Appears in 6 contracts
Samples: International Brands Management Group LTD, International Brands Management Group LTD, FMG Acquisition Corp
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock upon the exercise of the UnderwriterFinancial Advisor's WarrantsWarrant, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Common Stock or other securities, properties or rights.
Appears in 5 contracts
Samples: Warrant Agreement (Medical Technology Systems Inc /De/), Advisor's Warrant Agreement (I Trax Inc), Warrant Agreement (Medical Technology Systems Inc /De/)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock upon the exercise of the Underwriter's WarrantsWarrant, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Common Stock or other securities, properties or rights.
Appears in 5 contracts
Samples: Warrant Agreement (Amdiv Com Inc), Warrant Agreement (American Diversified Holdings Inc), Warrant Agreement (Base Ten Systems Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Class A Common Stock upon the exercise of the Underwriter's Warrants, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Class A Common Stock or other securities, properties or rights.
Appears in 4 contracts
Samples: Warrant Agreement (Vaso Active Pharmaceuticals Inc), Warrant Agreement (Vaso Active Pharmaceuticals Inc), Warrant Agreement (Vaso Active Pharmaceuticals Inc)
Elimination of Fractional Interests. The Company shall not be required ----------------------------------- to issue certificates representing fractions of shares of Common Stock upon the exercise of the Underwriter's Warrants, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Common Stock or other securities, properties or rights.
Appears in 2 contracts
Samples: Warrant Agreement (Fairfield Communities Inc), Warrant Agreement (Fairfield Communities Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock upon the exercise of the UnderwriterPlacement Agent's WarrantsWarrant, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Common Stock or other securities, properties or rights.
Appears in 2 contracts
Samples: Warrant Agreement (Casull Arms Corp), Warrant Agreement (Medical Technology Systems Inc /De/)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock Stock, Redeemable Warrants or Debentures upon the exercise of the Underwriter's Warrants, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Common Stock or Redeemable Warrants or principal amount of Debentures or other securities, properties or rights.
Appears in 1 contract
Samples: Warrant Agreement (Integrated Physician Systems Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock upon the exercise of the Underwriter's Underwriters' Warrants, nor shall it be required to issue scrip or pay cash in lieu of fractional interests; provided, it being however, that if a Holder exercises all Underwriters' Warrants held of record by such Holder, the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Common Stock or other securities, properties or rightsStock.
Appears in 1 contract
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock upon the exercise of the Underwriter's Underwriters Warrants, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Common Stock or other securities, properties or rights.
Appears in 1 contract
Samples: Underwriters Warrant Agreement (U S Laboratories Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock or Warrants upon the exercise of the Underwriter's WarrantsPurchase option, nor shall it be required to issue scrip or pay cash in lieu of any fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of Warrants, shares of Common Stock or other securities, properties or rights.
Appears in 1 contract
Samples: Harbor Acquisition Corp.
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock aSnd/or Redeemable Warrants upon the exercise of the Underwriter's Underwriters' Warrants, nor shall it be required to issue scrip or pay cash in lieu of fractional interests; provided, it being however, that if a Holder exercises all Underwriters' Warrants held of record by such Holder the intent of the parties that all fractional interests shall be eliminated by rounding (up or down) any fraction up to the nearest whole number of shares of Common Stock or other securities, properties or rights.
Appears in 1 contract
Samples: Warrant Agreement (Rockwell Medical Technologies Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock upon the exercise of the UnderwriterPlacement Agent's Warrants, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction of .5 or greater up to the nearest whole number of shares of Common Stock or other securities, properties or rights.
Appears in 1 contract
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock or Warrants upon the exercise of the Underwriter's Representative Warrants, nor shall it be required to issue scrip or pay cash in lieu fractions of fractional interestsshares of Common Stock upon the exercise of the Warrants underlying the Representative Warrants, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Common Stock or Warrants, as the case may be, or other securities, properties or rights.
Appears in 1 contract
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock upon the exercise of the Underwriter's WarrantsFinancial Advisor’s Warrant, nor shall it be required to issue scrip or pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Common Stock or other securities, properties or rights.
Appears in 1 contract
Elimination of Fractional Interests. The Company shall not ----------------------------------- be required to issue certificates representing fractions of shares of Common Stock upon the exercise of the Underwriter's WarrantsUnderwriters' Warrant, nor shall it be required to issue scrip or pay cash in lieu of fractional interests; provided, it being however, that if a Holder exercises all Underwriters' Warrant held of record by such Holder the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Common Stock or other securities, properties or rights.
Appears in 1 contract
Elimination of Fractional Interests. The Company shall not be -------------------------------------- required to issue certificates representing fractions of shares of Common Stock upon the exercise of the Underwriter's Warrantsthis Warrant, nor shall it be required to issue scrip or pay cash in lieu of any fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up to the nearest whole number of shares of Common Stock or other securities, properties or rights.
Appears in 1 contract
Samples: Absolutefuture Com
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock upon the exercise or transfer of the Underwriter's WarrantsPurchase Option, nor shall it be required to issue scrip or pay cash in lieu of any fractional interests, it being the intent of the parties that all fractional interests shall be eliminated by rounding any fraction up or down to the nearest whole number of shares of Common Stock or other securities, properties or rights.
Appears in 1 contract