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. Any such fractional Right shall be null and void and the Corporation will not have any obligation or liability in respect thereof.

Appears in 25 contracts

Samples: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement (ImmunoPrecise Antibodies Ltd.), Shareholder Rights Plan Agreement

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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. Any such fractional Right shall be null and void and the Corporation will not have any obligation or liability in respect thereof.

Appears in 20 contracts

Samples: Protection Rights Plan Agreement, Protection Rights Plan Agreement, Shareholder Protection Rights Plan Agreement (Cae Inc)

Fractional Rights and Fractional Shares. (a) The Corporation Company shall not be required to issue fractions of fractional Rights or to distribute Rights Certificates which evidence fractional Rights. Any such fractional Right shall be null and void and the Corporation will not have any obligation or liability in respect thereof.

Appears in 20 contracts

Samples: Rights Agreement (Spherix Inc), Rights Agreement (Spherix Inc), Rights Agreement (Spherix Inc)

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. Any such fractional Right shall be null and void Rights and the Corporation will shall not have be required to pay any obligation or liability amount to a holder of record of Rights Certificates in respect thereoflieu of such fractional Rights.

Appears in 13 contracts

Samples: Shareholder Rights Plan Agreement (ATS Corp /ATS), Shareholder Rights Plan Agreement (ATS Corp /ATS), Shareholder Rights Plan Agreement

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. Any In lieu of such fractional Rights, there shall be paid to the registered holders of the Rights Certificates with regard to which such fractional Rights would otherwise be issuable an amount in cash equal to the same fraction of the Market Price of a whole Right determined on the date on which such fractional Right shall would otherwise be null and void and the Corporation will not have any obligation or liability in respect thereofissuable.

Appears in 12 contracts

Samples: Shareholder Protection Rights Plan Agreement, Shareholder Protection Rights Plan Agreement, Shareholder Rights Plan Agreement (Hemisphere Energy Corp)

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. Any Rights and the Company shall not be required to pay any amount to a holder of record of Rights Certificates in lieu of such fractional Right shall be null and void and the Corporation will not have any obligation or liability in respect thereofRights.

Appears in 7 contracts

Samples: Shareholder Rights Plan Agreement (Kelso Technologies Inc), Shareholder Rights Plan Agreement (Silvercorp Metals Inc), Agreement (Animas Resources LTD)

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. Any such fractional Right shall be null and void and the Corporation will not have any obligation or liability in respect thereof.

Appears in 7 contracts

Samples: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement (Quaterra Resources Inc), Shareholder Rights Plan Agreement

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. Any such fractional Right shall be null and void Rights and the Corporation will shall not have be required to pay any obligation or liability amount to the holders of record of the Rights Certificates in respect thereoflieu of such fractional Rights.

Appears in 5 contracts

Samples: Shareholder Rights Plan Agreement (Alamos Gold Inc), Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement (Alamos Gold Inc)

Fractional Rights and Fractional Shares. 5.5 (a) The Corporation Company shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. Any Rights and the Company shall not be required to pay any amount to a holder of record of Rights Certificates in lieu of such fractional Right shall be null and void and the Corporation will not have any obligation or liability in respect thereofRights.

Appears in 4 contracts

Samples: Shareholder Rights Plan Agreement (Tahoe Resources Inc.), Shareholder Rights Plan Agreement (Tahoe Resources Inc.), Shareholder Rights Plan Agreement (Brigus Gold Corp.)

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. Any In lieu of such fractional Right Rights, there shall be null and void and the Corporation will not have any obligation or liability in respect thereof.be

Appears in 3 contracts

Samples: Rights Agreement (Verity Inc \De\), Rights Agreement (Verity Inc \De\), Rights Agreement (Union Texas Petroleum Holdings Inc)

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. Any Rights and no amount shall be paid to the registered holders of the Rights Certificates with regard to which such fractional Right shall Rights would otherwise be null and void and the Corporation will not have any obligation or liability in respect thereofissuable.

Appears in 3 contracts

Samples: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement (Postmedia Network Canada Corp.), Shareholder Rights Plan Agreement

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. Any such fractional Right shall be null and void Rights and the Corporation will shall not have be required to pay any obligation or liability amount to any holder of record of Rights Certificates in respect thereoflieu of such fractional Rights.

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement (Royal Standard Minerals Inc), Shareholder Rights Plan Agreement

Fractional Rights and Fractional Shares. (a) 5.5.1 The Corporation shall will not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. Any such fractional Right shall will be null and void and the Corporation will not have any obligation or liability in respect thereof.

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement (Nevada Geothermal Power Inc), Shareholder Rights Plan Agreement (Nevada Geothermal Power Inc)

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. Any In lieu of such fractional Right Rights, there shall be null and void and the Corporation will not have any obligation or liability in respect thereof.13

Appears in 2 contracts

Samples: Exhibit 99 (Mattel Inc /De/), Exhibit 99 (Mattel Inc /De/)

Fractional Rights and Fractional Shares. (a1) The Corporation shall not be required to issue fractions of Rights or to distribute Rights or to distribute Rights Certificates which evidence fractional Rights. Any such fractional Right shall be null and void voice and the Corporation will not have any obligation or liability in respect thereof.

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement (Great Panther Resources LTD), Shareholder Rights Plan Agreement (Great Panther Resources LTD)

Fractional Rights and Fractional Shares. (a) The Subject to clause 3.2(d) in respect of circumstances referred to in clause 3.2(a), the Corporation shall not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. Any Rights and no amount shall be paid to the registered holders of the Rights Certificates with regard to which such fractional Right shall Rights would otherwise be null and void and the Corporation will not have any obligation or liability in respect thereofissuable.

Appears in 2 contracts

Samples: Shareholder Protection Rights Plan Agreement (Haemacure Corp), Shareholder Protection Rights Plan Agreement (Surge Components Inc)

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. Any In lieu of such fractional Right Rights, there shall be null and void and paid to the Corporation will not have any obligation or liability in respect thereof.registered holders of the Right Certificates with regard to which

Appears in 2 contracts

Samples: Rights Agreement (Service Corporation International), Rights Agreement (Service Corporation International)

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. Any In lieu of such fractional Right Rights, there shall be null and void and paid to the Corporation will not have any obligation or liability registered holders of the Right Certificates with regard to which such fractional Rights would otherwise be issuable, an amount in respect thereof.cash equal to the same fraction of the current market value of a whole

Appears in 2 contracts

Samples: Rights Agreement (Ipalco Enterprises Inc), Rights Agreement (Ipalco Enterprises Inc)

Fractional Rights and Fractional Shares. (a) The Corporation Company shall not be required to issue fractions of fractional Rights or to distribute Rights Certificates which evidence represent fractional Rights. Any such fractional Right shall be null and void and the Corporation will not have any obligation or liability in respect thereof.

Appears in 2 contracts

Samples: Rights Agreement (Strategic Hotels & Resorts, Inc), Rights Agreement (Strategic Hotels & Resorts, Inc)

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. Any In lieu of such fractional Right Rights, there shall be null and void and paid to the Corporation will not have any obligation or liability in respect thereof.registered holders of the Rights Certificates with regard to which such

Appears in 1 contract

Samples: Rights Agreement (Cygnus Inc /De/)

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. Any such fractional Right shall be null and void and the Corporation Company will not have any obligation or liability in respect thereof.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Richmont Mines Inc)

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. Any Rights and all such fractional Right Rights shall be null and void and rounded down to the Corporation will not have any obligation or liability in respect thereofnearest whole number.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

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. Any such fractional Right shall be null and void and the Corporation will not have any obligation or liability in respect thereof.Rights (i. e. , Rights to acquire less than

Appears in 1 contract

Samples: Rights Agreement (Willamette Industries Inc)

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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. Any such fractional Right shall be null and void and the Corporation will not have any obligation or liability in respect thereof.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

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. Any In lieu of such fractional Right Rights, there shall be null and void and paid to the Corporation will not have any obligation or liability in respect thereof.registered holders of the Rights Certificates with regard to which such fractional Rights would

Appears in 1 contract

Samples: Rights Agreement (Adaptec Inc)

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. Any In lieu of such fractional Right Rights, there shall be null and void and paid to the Corporation will not have any obligation or liability in respect thereof.registered

Appears in 1 contract

Samples: Rights Agreement (Meritor Automotive Inc)

Fractional Rights and Fractional Shares. (a1) The Corporation shall not be required to issue fractions of Rights or to distribute Rights or to distribute Rights Certificates which evidence fractional Rights. Any such fractional Right shall be null and void and the Corporation will not have any obligation or liability in respect thereof.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Great Panther Silver LTD)

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. Any , but rather all such fractional Right Rights shall be null and void and rounded down to the Corporation will not have any obligation or liability in respect thereofnext whole Right, mutatis, mutandis.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Api Electronics Group Inc)

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. Any such fractional Right Rights shall be null and void and the Corporation will not have any obligation or liability in respect thereof.

Appears in 1 contract

Samples: Tax Benefit Preservation Plan Agreement (Kingsway Financial Services Inc)

Fractional Rights and Fractional Shares. 5.5 (a) The Corporation shall will not be required to issue fractions of Rights or to distribute Rights Certificates which evidence fractional Rights. Any such fractional Right shall will be null and void and the Corporation will not have any obligation or liability in respect thereof.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

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. Any such fractional Right shall will be null and void and the Corporation will not have any obligation or liability in respect thereof.

Appears in 1 contract

Samples: Spin Off Shareholder Rights Plan Agreement (Liminal BioSciences Inc.)

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. Any In lieu of such fractional Right Rights, there shall be null and void and paid to the Corporation will not have any obligation or liability in respect thereof.registered holders of the Rights Certificates with regard to which such fractional

Appears in 1 contract

Samples: Rights Agreement (Active Power Inc)

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. Any In lieu of such fractional Rights, there shall be paid to the registered holders of the Rights Certificates with regard to which such fractional Rights would otherwise be issuable an amount in cash equal to the same fraction of the Market Price of a whole Right determined on the date on which such fractional Right shall would otherwise be null and void and the Corporation will not have any obligation or liability in respect thereof.issuable.β€Œ

Appears in 1 contract

Samples: Shareholder Protection Rights Plan Agreement

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. Any In lieu of such fractional Right Rights, there shall be null and void and the Corporation will not have paid to any obligation or liability in respect thereof.registered holder of a Right Certificate with regard to which a fractional Right would otherwise be issuable, an amount in

Appears in 1 contract

Samples: Rights Agreement (Teledyne Technologies Inc)

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. Any such fractional Right shall be null and void and the Corporation will not have any obligation or liability in respect thereof.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

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. Any such fractional Right shall be null and void and the Corporation will not have any obligation or liability in respect thereof.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Aeterna Zentaris Inc.)

Fractional Rights and Fractional Shares. (a) The Corporation Company shall not be required to issue fractions of Rights or to distribute Rights any Right Certificates which evidence fractional Rights. Any such fractional Right shall be null and void and the Corporation will not have any obligation or liability in respect thereof.fractional

Appears in 1 contract

Samples: Rights Agreement (Lubrizol Corp)

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. Any In lieu of such fractional Right Rights, there shall be null and void and paid to the Corporation will not have any obligation or liability in respect thereof.registered holders of the Right Certificates with regard to which such fractional Rights

Appears in 1 contract

Samples: Rights Agreement (NCR Corp)

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