Common use of Fractional Interest Clause in Contracts

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this Warrant. If more than one Warrant shall be presented for exercise at the same time by the Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price per share multiplied by such fraction computed to the nearest whole cent. The Holder by his acceptance of this Warrant expressly waives any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this WarrantWarrants. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price then current market value per share multiplied by such fraction computed to the nearest whole cent. The Holder Holders, by his their acceptance of this the Warrant Certificates, expressly waives waive any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this Warrant. If more than one Warrant shall be presented for exercise at the same time by the Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section 17, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price per share multiplied by such fraction computed to the nearest whole cent. The Holder by his acceptance of this Warrant expressly waives any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this Warrant. If more than one Warrant shall be presented for exercise at the same time by the Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION Section 15, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price per share multiplied by such fraction computed to the nearest whole cent. The Holder by his acceptance of this Warrant expressly waives any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this WarrantWarrants. If more than one Warrant shall be presented for exercise in full at the same time by the Holdersame holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall direct the transfer agent for the Common Stock to pay an amount in cash calculated by it the Company to be equal to the Purchase Price then Current Market Value per share (determined pursuant to Section 5.01(e)) multiplied by such fraction computed to the nearest whole cent. The Holder Holders of Warrants, by his acceptance their acceptances of this the Warrant Certificates, expressly waives waive any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this Warrant. If more than one Warrant shall be presented for exercise at the same time by the Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section 11, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price then current market price per share multiplied by such fraction computed to the nearest whole cent. The Holder by his acceptance of this Warrant expressly waives any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this WarrantWarrants. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section 13, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall direct the Transfer Agent to pay an amount in cash calculated by it to be equal to (i) the Purchase Price then current market price per share multiplied by such fraction computed to the nearest whole cent, less (ii) an amount equal to the Exercise Price multiplied by such fraction computed to the nearest whole cent. The Holder Holders, by his their acceptance of this the Warrant Certificates, expressly waives waive any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this WarrantWarrants. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15SECTION, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall direct the Transfer Agent to pay an amount in cash calculated by it to be equal to (i) the Purchase Price then current market price per share multiplied by such fraction computed to the nearest whole cent, less (ii) an amount equal to the Exercise Price multiplied by such fraction computed to the nearest whole cent. The Holder Holders, by his their acceptance of this the Warrant Certificates, expressly waives waive any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this Warrant. If more than one Warrant shall be presented for exercise at the same time by the Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section 13, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price per share multiplied by such fraction computed to the nearest whole cent. The Holder by his acceptance of this Warrant expressly waives any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to ------------------- issue -------------------- fractional shares of Common Stock on the exercise of this WarrantWarrants. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION Section 15, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall direct the Transfer Agent to pay an amount in cash calculated by it to be equal to the Purchase Price then current market price per share multiplied by such fraction computed to the nearest whole cent. The Holder Holders, by his their acceptance of this the Warrant Certificates, expressly waives waive any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this WarrantWarrants. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall direct the Transfer Agent to pay an amount in cash calculated by it to be equal to the Purchase Price then current market price per share multiplied by such fraction computed to the nearest whole centcent less such fraction of the Exercise Price. The Holder Holders, by his their acceptance of this the Warrant Certificates, expressly waives waive any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this Warrant. If more than one Warrant shall be presented for exercise at the same time by the Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 1517, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price per share multiplied by such fraction computed to the nearest whole cent. The Holder by his acceptance of this Warrant expressly waives any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required ------------------- to issue -------------------- fractional shares of Common Stock on the exercise of this WarrantWarrants. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall direct the Transfer Agent to pay an amount in cash calculated by it to be equal to (i) the Purchase Price then current market price per share multiplied by such fraction computed to the nearest whole cent, less (ii) an amount equal to the Exercise Price multiplied by such fraction computed to the nearest whole cent. The Holder Holders, by his their acceptance of this the Warrant Certificates, expressly waives waive any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this Warrant. If more than one Warrant shall be presented for exercise at the same time by the Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15, would be issuable ---------- on the exercise of any Warrant (or specified portion thereof), then the Company number of shares issuable shall pay an amount in cash calculated by it to be equal to the Purchase Price per share multiplied by such fraction computed rounded to the nearest whole centnumber of shares. The Holder by his acceptance of this Warrant expressly waives any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Price Per Share or round up to the next whole share.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this Warrant. If more than one Warrant shall be presented for exercise at the same time by the Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section 11, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price per share multiplied by such fraction computed to the nearest whole cent. The Holder by his acceptance of this Warrant expressly waives any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this Warrant. If more than one Warrant shall be presented for exercise at the same time by the Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section 12, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price per share multiplied by such fraction computed to the nearest whole cent. The Holder by his acceptance of this Warrant expressly waives any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this Warrant. If more than one Warrant shall be presented for exercise at the same time by the Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section 16, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price per share multiplied by such fraction computed to the nearest whole cent. The Holder by his acceptance of this Warrant expressly waives any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- ------------------- fractional shares of Common Stock on the exercise of this Warrant. If more than one Warrant shall be presented for exercise at the same time by the Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 1517, be issuable ---------- on the exercise of any Warrant (or specified portion ----------- thereof), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price per share multiplied by such fraction computed to the nearest whole cent. The Holder by his acceptance of this Warrant expressly waives any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this WarrantWarrants. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price then current market price per share multiplied by such fraction computed to the nearest whole cent. The Holder Holders, by his their acceptance of this the Warrant Certificates, expressly waives waive any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this Warrant. If more than one Warrant shall be presented for exercise at the same time by the Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section 14, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price per share multiplied by such fraction computed to the nearest whole cent. The Holder by his acceptance of this Warrant expressly waives any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company may, but shall not be required to to, issue -------------------- fractional shares of Common Stock on the exercise of this WarrantWarrants. If Warrant Certificates evidencing, more than one Warrant shall be presented for exercise at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presentedto be exercised. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15, 5.4 be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall may, in lieu of issuing any fractional shares of Common Stock, pay an amount in cash calculated by it to be equal to the Purchase then Current Market Price per share of Common Stock on the date of such exercise multiplied by such fraction computed to the nearest whole cent. The Holder Holders, by his their acceptance of this the Warrant Certificates, expressly waives any and all rights waive their right to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common StockStock if such amount of cash is paid in lieu thereof.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this WarrantWarrants. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section, be issuable ---------- on the exercise of any Warrant (or specified portion thereofof a Warrant), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price then current market price per share multiplied by such fraction computed to the nearest whole cent. The Holder Holders, by his their acceptance of this the Warrant Certificates, expressly waives waive any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this WarrantWarrants. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall direct the Transfer Agent to pay an amount in cash calculated by it to be equal to the Purchase then Current Market Price per share multiplied by such fraction computed to the nearest whole centcent less such fraction of the Exercise Price. The Holder Holders, by his their acceptance of this the Warrant Certificates, expressly waives waive any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to ------------------- issue -------------------- fractional shares of Common Stock on the exercise of this WarrantWarrants. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall direct the Transfer Agent to pay an amount in cash calculated by it to be equal to the Purchase Price then current market price per share multiplied by such fraction computed to the nearest whole centcent less such fraction of the Exercise Price. The Holder Holders, by his their acceptance of this the Warrant Certificates, expressly waives waive any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company Warrant Issuers shall not be ------------------- required to issue -------------------- fractional shares of Common Stock on the exercise of this WarrantWarrants. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company Warrant Issuers shall direct the Transfer Agent to pay an amount in cash calculated by it to be equal to (i) the Purchase Price then current market price per share multiplied by such fraction computed to the nearest whole cent, less (ii) an amount equal to the Exercise Price multiplied by such fraction computed to the nearest whole cent. The Holder Holders, by his their acceptance of this the Warrant Certificates, expressly waives waive any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.

Fractional Interest. The Company shall not be required to issue -------------------- fractional shares of Common Stock on the exercise of this WarrantWarrants. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions of this SECTION 15Section, be issuable ---------- on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash calculated by it to be equal to the Purchase Price then Current Market Value per share multiplied by such fraction computed to the nearest whole cent. The Holder Holders, by his their acceptance of this the Warrant Certificates, expressly waives waive any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.