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 Placement Agent'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 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 upon the exercise of the Placement Agent's WarrantWarrants, 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 Corporation shall not be required to issue stock certificates representing fractions of shares of Common Stock upon the exercise of the Placement Agent's WarrantStock, nor shall it be required to issue scrip script 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 rightseliminated.
Appears in 2 contracts
Samples: Loan Agreement (Ontro Inc), Warrant Agreement (Ontro 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 Placement Agent's WarrantWarrants, 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 (Smartserv Online Inc), Warrant Agreement (Integrated Biopharma Inc)
Elimination of Fractional Interests. The Company company shall not be required to issue stock certificates representing fractions of shares of Common Stock upon the exercise of the Placement Agent's Warrantcommon stock, 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 rightseliminated.
Appears in 2 contracts
Samples: Common Stock Purchase Warrant (Globecomm Systems Inc), Common Stock Purchase Warrant (Globecomm Systems Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares Class A Stock or fractions of Common Stock warrants upon the exercise of the Placement AgentRepresentative's WarrantWarrants, 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 Class A Stock or other securities, properties or rightsand warrants.
Appears in 1 contract
Samples: Representative's Warrant Agreement (Bio Aqua Systems Inc)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares Shares or fractions of Common Stock warrants upon the exercise of the Placement AgentRepresentative's WarrantWarrants, 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 rightsShares and warrants.
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 Placement Agent's WarrantRepresentative 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
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 Placement Agent's WarrantWarrants, 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 or down to the nearest whole number of shares of Common Stock or Redeemable 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 upon the exercise of the Placement Agent's WarrantWarrants, nor shall it be required to issue scrip script 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 or shares of Common Stock or other securities, properties or rightsStock.
Appears in 1 contract
Samples: Warrant Agreement (Smart Choice Automotive Group Inc)
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 Placement Agent's WarrantWarrants, 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: 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 upon the exercise of the Placement Agent's this 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
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Preferred Stock upon the exercise of the Placement Agent's WarrantWarrants, nor shall it be required to issue scrip script 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 or shares of Common Stock or other securities, properties or rights.Preferred Stock
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 Warrant Shares on the exercise of the Placement Agent's this 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 rightseliminated.
Appears in 1 contract
Samples: Services and License Agreement (Sinofresh Healthcare 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 Placement Agent's WarrantShares, nor shall it be required to issue scrip script 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 rightsShares.
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 or transfer of the Placement Agent's WarrantPurchase 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
Samples: Purchase Option Agreement (Global Telecommunication Solutions 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 Placement Agent's Financial 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 Placement Agent's WarrantWarrants, 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 Warrant Shares or Underlying Warrants upon the exercise of the Placement Agent's Warrant, 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 Warrant Shares or other securities, properties or rightsUnderlying Warrants.
Appears in 1 contract
Samples: Warrant Agreement (Accent Software International LTD)
Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of Common Stock or Underlying Warrants upon the exercise of the Placement Agent's WarrantWarrants, 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: 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 Warrants upon the exercise of the Placement Agent's WarrantPurchase 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: Purchase Option Agreement (Harbor Acquisition Corp.)