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 Warrants, or fractions of shares 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: Representative's Warrant Agreement (Lasik America Inc), Representative's Warrant Agreement (Truevision International Inc), Underwriter's Warrant Agreement (Hawaiian Natural Water Co Inc)
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 WarrantsFinancial Advisor's Warrant, nor shall it be required to issue scrip or fractions pay cash in lieu of shares of Common Stock upon the exercise of the Redeemable Warrants underlying the Warrantsfractional 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, as the case may be, or other securities, properties or rights.
Appears in 5 contracts
Samples: Financial Advisor's Warrant Agreement (I Trax Inc), Financial Advisor's Warrant Agreement (I Trax Inc), Financial Advisor's Warrant Agreement (I Trax Inc)
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 Warrants, or fractions but instead shall pay cash in lieu of shares such fractional interests to the Holders entitled thereto based on the Fair Market Value of the Common Stock upon as determined in good faith by the exercise Board of Directors 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 rightsCompany.
Appears in 4 contracts
Samples: Warrant Agreement (Zymetx Inc), Warrant Agreement (Zymetx Inc), Warrant Agreement (Careside Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Class A Common Stock or Redeemable Warrants upon the exercise of the Warrants, nor shall it be required to issue scrip or fractions pay cash in lieu of shares of Common Stock upon the exercise of the Redeemable Warrants underlying the Warrantsfractional 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 Redeemable Warrants, as the case may be, or other securities, properties or rights.
Appears in 4 contracts
Samples: Representative's Warrant Agreement (Vaso Active Pharmaceuticals Inc), Representative's Warrant Agreement (Vaso Active Pharmaceuticals Inc), Representative's 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 or Redeemable Warrants upon the exercise of the Warrants, nor shall it be required to issue scrip or fractions pay cash in lieu of shares of Common Stock upon the exercise of the Redeemable Warrants underlying the Warrantsfractional 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, as the case may be, or other securities, properties or rights.
Appears in 2 contracts
Samples: Warrant Agreement (Smartserv Online Inc), Warrant Agreement (Integrated Biopharma Inc)
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 Warrants, or fractions of shares of Common Stock upon the exercise of the Redeemable Warrants underlying the 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, as the case may be, 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 or Redeemable Warrants upon the exercise of the WarrantsPlacement Agent's Warrant, nor shall it be required to issue scrip or fractions pay cash in lieu of shares of Common Stock upon the exercise of the Redeemable Warrants underlying the Warrantsfractional 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, as the case may be, or other securities, properties or rights.
Appears in 2 contracts
Samples: Placement Agent's Warrant Agreement (Casull Arms Corp), Placement Agent's 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 or Redeemable Class A Warrants upon the exercise of the WarrantsPurchase Option, nor shall it be required to issue scrip or fractions pay cash in lieu of shares of Common Stock upon the exercise of the Redeemable Warrants underlying the Warrantsany 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 Class A Warrants, shares of Common Stock or Redeemable Warrants, as the case may be, or other securities, properties or rights.
Appears in 2 contracts
Samples: Purchase Option Agreement (Unity Emerging Technology Venture One LTD), Unit Purchase Option Agreement (Grout Dianna)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock or Redeemable Warrants Ordinary Shares and ADSs upon the exercise of the Warrants, or fractions of shares 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, Ordinary Shares and ADSs or other securities, properties or rights.
Appears in 1 contract
Samples: Representative's Warrant Agreement (Town Pages Holdings PLC)
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 Warrants, or fractions of shares 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. 11.
Appears in 1 contract
Samples: Underwriter's Warrant Agreement (Cti Industries Corp)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock or Redeemable Underlying Warrants upon the exercise of the Warrants, nor shall it be required to issue scrip or fractions pay cash in lieu of shares of Common Stock upon the exercise of the Redeemable Warrants underlying the Warrantsfractional 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, as the case may be, or other securities, properties or rights.
Appears in 1 contract
Samples: Representatives' Warrant Agreement (Galacticomm Technologies Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock or Stock, Redeemable Warrants or Debentures upon the exercise of the Warrants, nor shall it be required to issue scrip or fractions pay cash in lieu of shares of Common Stock upon the exercise of the Redeemable Warrants underlying the Warrantsfractional 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, as the case may be, Warrants or principal amount of Debentures or other securities, properties or rights.
Appears in 1 contract
Samples: Representatives' 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 or Redeemable Warrants upon the exercise of the Representative Warrants, or fractions of shares of Common Stock upon the exercise of the Redeemable 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 Redeemable Warrants, as the case may be, or other securities, properties or rights.
Appears in 1 contract
Samples: Representative's Warrant Agreement (Eautoclaims Com Inc)
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 Warrants, nor shall it be required to issue scrip or fractions pay cash in lieu of shares of Common Stock upon the exercise of the Redeemable Warrants underlying the Warrantsfractional 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 Redeemable Warrants, as the case may be, Warrants or other securities, properties or rights.
Appears in 1 contract
Samples: Representative's Warrant Agreement (Prospect Medical Holdings Inc)
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 WarrantsPurchase option, nor shall it be required to issue scrip or fractions pay cash in lieu of shares of Common Stock upon the exercise of the Redeemable Warrants underlying the Warrantsany 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 Redeemable Warrants, as the case may be, or other securities, properties or rights.
Appears in 1 contract
Samples: Purchase Option Agreement (Harbor Acquisition Corp.)
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 Warrantsthis Warrant, nor shall it be required to issue scrip or fractions pay cash in lieu of shares of Common Stock upon the exercise of the Redeemable Warrants underlying the Warrantsany 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, 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 or Redeemable Warrants upon the exercise of the Placement Agent's Warrants, nor shall it be required to issue scrip or fractions pay cash in lieu of shares of Common Stock upon the exercise of the Redeemable Warrants underlying the Warrantsfractional 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 Redeemable Warrants, as the case may be, or other securities, properties or rights.
Appears in 1 contract
