Common use of Fractional Ordinary Shares Clause in Contracts

Fractional Ordinary Shares. (a) The Company shall not issue fractions of Warrants or distribute a Global Warrant or Warrant Certificates 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. (b) The Company shall not issue fractions of Ordinary Shares upon exercise of Warrants or distribute stock certificates that evidence fractional Ordinary Shares. Whenever any fraction of an Ordinary Share would otherwise be required to be issued or distributed, the actual issuance or distribution in respect thereof shall be made in accordance with Section 2(d)(v) of the Warrant.

Appears in 5 contracts

Samples: Warrant Agency Agreement (Reebonz Holding LTD), Warrant Agency Agreement (Reebonz Holding LTD), Warrant Agency Agreement (Reebonz Holding LTD)

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Fractional Ordinary Shares. (a) The Company shall not issue fractions of Warrants or distribute a Global Warrant or Warrant Certificates that 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 either up or down to the nearest whole WarrantWarrant (rounded down). (b) The Company shall not issue fractions of Ordinary Shares upon exercise of Warrants or distribute stock certificates that which evidence fractional Ordinary Shares. Whenever any fraction of an Ordinary Share would otherwise be required to be issued or distributed, the actual issuance or distribution in respect thereof shall be made in accordance with Section 2(d)(v) of the WarrantWarrant Certificate.

Appears in 3 contracts

Samples: Warrant Agency Agreement (Jiuzi Holdings, Inc.), Warrant Agency Agreement (Ucommune International LTD), Warrant Agency Agreement (Painreform Ltd.)

Fractional Ordinary Shares. (a) The Company shall not issue fractions of Warrants or distribute a Global Warrant or Warrant Certificates that 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 either up or down to the nearest whole WarrantWarrant (rounded down). (b) The Company shall not issue fractions of Ordinary Shares upon exercise of Warrants or distribute stock certificates that which evidence fractional Ordinary Shares. Whenever any fraction of an a share of Ordinary Share Shares would otherwise be required to be issued or distributed, the actual issuance or distribution in respect thereof shall be made in accordance with Section 2(d)(v) of the Warrantapplicable Warrant Certificate.

Appears in 3 contracts

Samples: Warrant Agency Agreement (Notable Labs, Ltd.), Warrant Agency Agreement (Notable Labs, Ltd.), Warrant Agency Agreement (Notable Labs, Ltd.)

Fractional Ordinary Shares. (a) The Company shall not issue fractions of Warrants or distribute a Global Warrant or Warrant Certificates that 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 either up or down to the nearest whole WarrantWarrant (rounded down). (b) The Company shall not issue fractions of Ordinary Shares upon exercise of Warrants or distribute stock share certificates that which evidence fractional Ordinary Shares. Whenever any fraction of an a Ordinary Share Shares would otherwise be required to be issued or distributed, the actual issuance or distribution in respect thereof shall be made in accordance with Section 2(d)(v) of the WarrantWarrant Certificate.

Appears in 1 contract

Samples: Warrant Agency Agreement (NeuroSense Therapeutics Ltd.)

Fractional Ordinary Shares. (a) The Company shall not issue fractions of Warrants or distribute a Global Warrant or Warrant Certificates that 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 either up or down to the nearest whole WarrantWarrant (rounded up). (b) The Company shall not issue fractions of Ordinary Shares upon exercise of Warrants or distribute stock share certificates that which evidence fractional Ordinary Shares. Whenever any fraction of an Ordinary Share would otherwise be required to be issued or distributed, the actual issuance or distribution in respect thereof shall be made in accordance with Section 2(d)(v) of the WarrantWarrant Certificate.

Appears in 1 contract

Samples: Warrant Agency Agreement (Galmed Pharmaceuticals Ltd.)

Fractional Ordinary Shares. (a) The Company shall not issue fractions of Warrants or distribute a Global Warrant or Warrant Certificates that 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 either up or down to the nearest whole WarrantWarrant (rounded down). (b) The Company shall not issue fractions of Ordinary Shares upon exercise of Warrants or distribute stock certificates that which evidence fractional Ordinary Shares. Whenever any fraction of an a Ordinary Share would otherwise be required to be issued or distributed, the actual issuance or distribution in respect thereof shall be made in accordance with Section 2(d)(v) of the WarrantWarrant Certificate.

Appears in 1 contract

Samples: Warrant Agency Agreement (Borqs Technologies, Inc.)

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Fractional Ordinary Shares. (a) The Company shall not issue fractions of Warrants or distribute a Global Warrant or Warrant Certificates that 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 either up or down to the nearest whole WarrantWarrant (rounded up). (b) The Company shall not issue fractions of Ordinary Shares upon exercise of Warrants or distribute stock certificates that which evidence fractional Ordinary Shares. Whenever any fraction of an Ordinary Share would otherwise be required to be issued or distributed, the actual issuance or distribution in respect thereof shall be made in accordance with Section 2(d)(v) of the WarrantWarrant Certificate.

Appears in 1 contract

Samples: Warrant Agency Agreement (Holdco Nuvo Group D.G Ltd.)

Fractional Ordinary Shares. (a) The Company shall not issue fractions of Warrants or distribute a Global Warrant or Warrant Certificates that 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 either up or down to the nearest whole WarrantWarrant (rounded up). (b) The Company shall not issue fractions of Ordinary Shares upon exercise of Warrants or distribute stock certificates that which evidence fractional Ordinary Shares. Whenever any fraction of an a Ordinary Share would otherwise be required to be issued or distributed, the actual issuance or distribution in respect thereof shall be made in accordance with [Section 2(d)(v) )] of the WarrantWarrant Certificate.

Appears in 1 contract

Samples: Warrant Agency Agreement (JE Cleantech Holdings LTD)

Fractional Ordinary Shares. (a) The Company Warrant Agent shall not issue fractions of Warrants or distribute a Global Warrant or Warrant Certificates that 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 either up or down to the nearest whole WarrantWarrant (rounded up). (b) The Company Warrant Agent shall not issue fractions of Ordinary Shares upon exercise of Warrants or distribute stock share certificates that which evidence fractional Ordinary Shares. Whenever any fraction of an a Ordinary Share would otherwise be required to be issued or distributed, the actual issuance or distribution in respect thereof shall be made in accordance with Section 2(d)(v) of the WarrantWarrant Certificate.

Appears in 1 contract

Samples: Warrant Agency Agreement (IceCure Medical Ltd.)

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