Common use of Fractional Rights and Fractional Shares Clause in Contracts

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation Company shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation Company shall pay to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation TransAlta shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation TransAlta shall pay to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall will not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in In lieu of issuing such fractional Rights, the Corporation shall pay there will be paid to the registered holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant with regard to the provisions of Subsection 3.1(b), at the time which such fractional Rights Right would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one a whole Right that the fraction of a Right that which would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which that evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation TimeTime there shall be paid, in lieu of issuing such fractional Rights, the Corporation shall pay to the registered holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant with regard to the provisions of Subsection 3.1(b), at the time such which fractional Rights would otherwise be issuable), an amount in cash equal to the same fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay to the holders Holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection subsection 3.1(b), ) at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the same fraction of the Market Price of one whole Right that the fraction in lieu of a Right that would otherwise be issuable is of one whole Rightsuch fractional Rights.

Fractional Rights and Fractional Shares. (a) The Corporation Company shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation Company shall pay to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right, provided that the Company shall not be required or obligated to make any payment provided for above unless the amount payable by the Company to a certain holder exceeds $10.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay to the holders Holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), ) at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the same fraction of the Market Price of one whole Right that the fraction in lieu of a Right that would otherwise be issuable is of one whole Rightsuch fractional Rights.

Fractional Rights and Fractional Shares. (a) The Corporation Company shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation Company shall pay to the holders Holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), ) at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the same fraction of the Market Price of one whole Right that the fraction in lieu of a Right that would otherwise be issuable is of one whole Rightsuch fractional Rights.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in In lieu of issuing such fractional Rights, the Corporation there shall pay be paid to the registered holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant with regard to the provisions of Subsection 3.1(b), at the time which such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one a whole Right that the fraction of a Right that which would otherwise be issuable is of one whole RightRight at the date of such issuance.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay shall, subject to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection Section 3.1(b), at deliver Rights Certificates representing the time such fractional number of Rights would otherwise be issuable)to which each Holder is entitled, an amount in cash equal rounded down to the fraction of the Market Price of one nearest whole Right that the fraction and shall not be required to deliver any certificate or cash in lieu thereof in respect of a Right that would otherwise be issuable is any fractions of one whole RightRights.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation Time there shall pay be paid to the registered holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant with regard to the provisions of Subsection 3.1(b), at the time such which fractional Rights would otherwise be issuable), an amount in cash equal to the same fraction of the Market Price of one a whole Right that the fraction in lieu of a Right that would otherwise be issuable is of one whole Rightsuch Fractional Rights.

Fractional Rights and Fractional Shares. (a1) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(bSection 3.01(2), at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) 5.5.1 The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation TimeTime there shall be paid, in lieu of issuing such fractional Rights, the Corporation shall pay to the registered holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant with regard to the provisions of Subsection 3.1(b), at the time such which fractional Rights would otherwise be issuable), an amount in cash equal to the same fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall will not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation TimeTime there shall be paid, in lieu of issuing such fractional Rights, the Corporation shall pay to the registered holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant with regard to the provisions of Subsection 3.1(b), at the time such which fractional Rights would otherwise be issuable), an amount in cash equal to the same fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole RightRight at the date of such issuance.

Fractional Rights and Fractional Shares. (a) The Corporation Company shall not be required to issue fractions of Rights or to distribute Rights Right Certificates which evidence fractional Rights (i.e., Rights to acquire less than one one-hundredth of a share of Preferred Stock). If the Company shall determine not to issue such fractional Rights. After the Separation Time, then, in lieu of issuing such fractional Rights, the Corporation there shall pay be paid to the holders of record of the Rights Right Certificates (provided the Rights represented by such Rights Certificates are not void pursuant with regard to the provisions of Subsection 3.1(b), at the time which such fractional Rights would otherwise be issuable), an amount in cash equal to the same fraction of the Fair Market Price of one whole Right that the fraction Value of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation Company shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation TimeSeparation, in lieu of issuing such fractional Rights, the Corporation Company shall pay to the registered holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(bparagraph 3.01(b), at the time such fractional Rights would would-otherwise be issuable), an amount in cash equal to the same fraction of the Market Price Value of one a whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing such fractional Rights, the Corporation there shall pay be paid to the registered holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant with regard to the provisions of Subsection 3.1(b), at the time which such fractional Rights Right would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one a whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation Company shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights (i.e., Rights to acquire less than one one-thousandth of a share of Preferred Stock). If the Company shall determine not to issue such fractional Rights. After the Separation Time, then, in lieu of issuing such fractional Rights, the Corporation there shall pay be paid to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant with regard to the provisions of Subsection 3.1(b), at the time which such fractional Rights would otherwise be issuable), an amount in cash equal to the same fraction of the Fair Market Price of one whole Right that the fraction Value of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Right Certificates which evidence fractional Rights. After the Separation Time, in In lieu of issuing such fractional Rights, the Corporation there shall pay be paid to the registered holders of record of the Rights Right Certificates (provided the Rights represented by such Rights Certificates are not void pursuant with regard to the provisions of Subsection 3.1(b), at the time which such fractional Rights would otherwise be issuable), an amount in cash equal to the same fraction of the Market Price of one whole Right that the fraction current market value of a Right that would otherwise be issuable is of one whole Right.. For the purposes of this Section 14(a), the current market

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation Time there shall pay be paid to the registered holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection Section 3.1(b)) with regard to which fractional Rights would otherwise be issuable, at an amount in cash (rounded to the time nearest cent) equal to the same fraction of the Market Price of a whole Right in lieu of such fractional Rights as of the date such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay to the holders Holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), ) at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the same fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection subsection 3.1(b), at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights (or, if the Rights are maintained in Book Entry Form, confirmation of registrations of Rights). After the Separation Time, in In lieu of issuing such fractional Rights, the Corporation there shall pay be paid to the registered holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant with regard to the provisions of Subsection 3.1(b), at the time which such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one a whole Right that the fraction of a Right that which would otherwise be issuable is of one whole RightRight at the date of such issuance.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in In lieu of issuing such fractional Rights, the Corporation there shall pay be paid to the registered holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant with regard to the provisions of Subsection 3.1(b), at the time which such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one a whole Right that the fraction of a Right that which would otherwise be issuable is of one whole Right.Right at the date of such issuance. Theratechnologies 2019 Shareholder Rights Plan

Fractional Rights and Fractional Shares. (a) The Corporation Company shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation Company shall pay to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right., provided that the Company shall not be required or obligated to make any payment provided for above unless the amount payable by the Company to a certain holder exceeds $1O.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required in any circumstances to issue fractions of Rights or to distribute Rights Certificates (or, if the Rights are maintained in Book Entry Form, confirmation of registrations of Rights) which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay shall, subject to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), pay to the Holders of Rights Certificates at the time such fractional Rights would otherwise be issuable)are exercised as herein provided, an amount in cash equal to the same fraction of the Market Price of one whole Right that the fraction of a Right that which would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing issuingAny such fractional Rights, the Corporation CorporationRight shall pay to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not notbe null and void pursuant to toand the provisions of Subsection 3.1(b), at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole RightRightCorporation will not have any obligation in respect thereof.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection Subclause 3.1(b), at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Right Certificates which evidence fractional Rights (i.e., Rights to acquire less than one share of Common Stock). If the Corporation shall determine not to issue such fractional Rights. After the Separation Time, then, in lieu of issuing such fractional Rights, the Corporation there shall pay be paid to the holders of record of the Rights Right Certificates (provided the Rights represented by such Rights Certificates are not void pursuant with regard to the provisions of Subsection 3.1(b), at the time which such fractional Rights would otherwise be issuable), an amount in cash equal to the same fraction of the Fair Market Price of one whole Right that the fraction Value of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.Right.‌

Fractional Rights and Fractional Shares. (a) The Corporation Company shall not be required to issue fractions of Rights or to distribute Rights distributeRights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation Company shall pay to the holders Holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), ) at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the same fraction of the Market Price of one whole Right that the fraction in lieu of a Right that would otherwise be issuable is of one whole Rightsuch fractional Rights.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection Section 3.1(b), at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay to the holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the fraction of the Market Price of one whole Right that the fraction of a Right that would otherwise be issuable is of one whole Right.. Table of Contents

Fractional Rights and Fractional Shares. (a) The Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. After the Separation Time, in lieu of issuing fractional Rights, the Corporation shall pay to the holders Holders of record of the Rights Certificates (provided the Rights represented by such Rights Certificates are not void pursuant to the provisions of Subsection 3.1(b), subsection at the time such fractional Rights would otherwise be issuable), an amount in cash equal to the same fraction of the Market Price of one whole Right that the fraction in lieu of a Right that would otherwise be issuable is of one whole Rightsuch fractional Rights.