Elimination of Fractional Interests. The Issuer shall not be required to issue certificates representing fractions of shares of Common Stock upon the exercise of 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 other securities, properties or rights.
Appears in 8 contracts
Samples: Warrant Agreement (Sun City Industries Inc), Warrant Agreement (Quetzal Capital I Inc), Warrant Agreement (Coast to Coast Equity Group, Inc.)
Elimination of Fractional Interests. The Issuer shall not be required to issue certificates representing fractions of shares of Common Stock upon the exercise of 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 other securities, properties or rights.. --------------------------------------------------------------------------------
Appears in 1 contract
Samples: Warrant Agreement (Ibx Group Inc)
Elimination of Fractional Interests. The Issuer shall not be required to issue certificates representing fractions of shares of Common Stock upon on the exercise of the Warrantsthis 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: Unit Subscription Agreement (Nhancement Technologies Inc)
Elimination of Fractional Interests. The Issuer shall not be required to issue certificates representing fractions of shares of Common Capital Stock upon the exercise of 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 Capital Stock or other securities, properties or rights.
Appears in 1 contract
Samples: Warrant Agreement (Colmena Corp)
