Fractional Ordinary Shares. (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded down).
Appears in 6 contracts
Samples: Warrant Agency Agreement (Notable Labs, Ltd.), Warrant Agency Agreement (NeuroSense Therapeutics Ltd.), Warrant Agency Agreement (Jiuzi Holdings, Inc.)
Fractional Ordinary Shares. (a) The Company shall not issue fractions of Warrants or distribute a Global Warrant or Warrant Certificates which that evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction either up or down to the nearest whole Warrant (rounded down)Warrant.
Appears in 5 contracts
Samples: Warrant Agency Agreement (Reebonz Holding LTD), Warrant Agency Agreement (Reebonz Holding LTD), Warrant Agency Agreement (Reebonz Holding LTD)
Fractional Ordinary Shares. (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded downup).
Appears in 4 contracts
Samples: Warrant Agency Agreement (Holdco Nuvo Group D.G Ltd.), Warrant Agency Agreement (JE Cleantech Holdings LTD), Warrant Agency Agreement (Galmed Pharmaceuticals Ltd.)
Fractional Ordinary Shares. (a) The Company shall not issue fractions or scrip representing fractional shares of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributedIf, on Exercise of a Warrant, the actual issuance Holder would be entitled to a fractional Ordinary Share or distribution a right to acquire a fractional Ordinary Share, such fractional share shall reflect a rounding be disregarded and the number of such fraction to Ordinary Shares issuable upon Exercise shall be the nearest next higher whole Warrant (rounded down)number of shares.
Appears in 1 contract
Samples: Warrant Agency Agreement (Maxeon Solar Technologies, Ltd.)
Fractional Ordinary Shares. (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest next highest whole Warrant (rounded down)number of Warrants.
Appears in 1 contract
