ELIMINATION OF FRACTIONS. The Company shall not be required to issue certificates representing fractional shares of Common Stock upon any exercise of Warrants, but will make a payment in cash, in lieu of issuing such fractional shares, based on the Current Market Price per share at the time.
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Samples: Warrant Purchase Agreement (Brantley Capital Corp), Warrant Purchase Agreement (Waterlink Inc), Warrant Agreement (Waterlink Inc)
ELIMINATION OF FRACTIONS. The After a Public Offering, the Company shall not be required to issue certificates representing fractional shares of Common Stock upon any exercise of Warrants, but will make a payment in cash, in lieu of issuing such fractional shares, based on the Current Market Price per share at the time.
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