Elimination of Fractional Interests. No fractional shares of Common Stock shall be issued upon conversion of this Note, nor shall the Company be required to pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated and that all issuances of Common Stock shall be rounded up to the nearest whole share.
Appears in 10 contracts
Samples: Securities Purchase Agreement (Imac Holdings LLC), Convertible Promissory Note (Wave Sync Corp.), Convertible Note (International Isotopes Inc)
Elimination of Fractional Interests. No fractional shares of Common Stock securities shall be issued upon conversion of this Note, nor shall the Company be required to pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated and that all issuances of Common Stock securities shall be rounded up to the nearest whole share.
Appears in 2 contracts
Samples: Secured Convertible Promissory Note (Vringo Inc), Subordinated Note (Vringo Inc)
Elimination of Fractional Interests. No fractional shares of Common Stock shall be issued upon conversion of this Note, nor shall the Company Maker be required to pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated and that all issuances of Common Stock shall be rounded up to the nearest whole share.
Appears in 2 contracts
Samples: Loan Agreement (Victory Oilfield Tech, Inc.), Loan Agreement (Victory Energy Corp)
Elimination of Fractional Interests. No fractional shares of Common Stock shall be issued upon conversion of this Note, nor shall the Company be required to pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated and that all issuances of shares of Common Stock shall be rounded up to the nearest whole share.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Olympus Pacific Minerals Inc), Securities Purchase Agreement (Olympus Pacific Minerals Inc)
Elimination of Fractional Interests. No fractional shares of Common Stock shall be issued upon conversion of this Note, nor shall the Company Maker be required to pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated and that all issuances of Common Stock shall be rounded up to the nearest whole share.
Appears in 1 contract
Elimination of Fractional Interests. No fractional shares of Common Stock shall be issued upon conversion of this Note, nor shall the Company be required to pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated and that all issuances of Common Stock shall be rounded up to the nearest whole shareshare of Common Stock.
Appears in 1 contract
Samples: Securities Purchase Agreement (Integrated Biopharma Inc)
Elimination of Fractional Interests. No fractional shares of Common Stock or Series C Preferred Stock shall be issued upon conversion of this Note, nor shall the Company be required to pay cash in lieu of fractional interests, it being the intent of the parties that all fractional interests shall be eliminated and that all issuances of Common Stock or Series C Preferred Stock shall be rounded up to the nearest whole share.
Appears in 1 contract
Samples: 8% Convertible Notes Amendment (International Isotopes Inc)
