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.
Appears in 4 contracts
Samples: Warrant Agreement (Brantley Capital Corp), Warrant 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.
Appears in 1 contract
Samples: Warrant Agreement (Athersys Inc /Oh)
