Fractional Securities Sample Clauses

Fractional Securities. If the number of shares of Common Stock and other securities purchasable upon the exercise of each Class A Warrant is adjusted as above provided, the Company, nevertheless, shall not be required to issue fractions of shares or Class B Warrants pertaining to fractional shares upon exercise of the Class A Warrants or otherwise, or to distribute certificates that evidence fractional shares or the right to purchase fractional shares. With respect to any fraction of a share or Class B Warrant that would relate to a fraction of a share called for upon any exercise hereof, the Company shall pay to the Registered Holder an amount in cash equal to such fraction multiplied by the current market value of such fractional share or Class B Warrants relating to fractional shares, determined as follows:

Fractional Securities. No holder of Western Copper Shares shall receive fractional securities of Western Amalco, NorthIsle or Copper North and no cash will be paid in lieu thereof. Any fractions resulting will be rounded to the nearest whole number, with fractions of one-half or greater being rounded to the next higher whole number and fractions of less than one-half being rounded to the next lower whole number.

Fractional Securities. No fractional common shares will be issued. Any fractional common shares that would otherwise have been issued shall be rounded down to the nearest whole number.

Fractional Securities. Notwithstanding any other provision of this Agreement, no fractional Acquirer Stock will be issued in the Takeover. In lieu of any such fractional securities, the Vendors will be entitled to have any such fraction of one–half or more rounded up to the nearest whole number and any such fraction of less than one-half rounded down to the nearest whole number of applicable Acquirer Stock and will receive from the Acquirer a certificate representing same.

Fractional Securities. If the number of shares of Common Stock and other securities purchasable upon the exercise of each Class B Warrant is adjusted as above provided, the Company, nevertheless, shall not be required to issue fractions of shares pertaining to fractional shares upon exercise of the Class B Warrants or otherwise, or to distribute certificates that evidence fractional shares or the right to purchase fractional shares. With respect to any fraction of a share that would relate to a fraction of a share called for upon any exercise hereof, the Company shall pay to the Registered Holder an amount in cash equal to such fraction multiplied by the current market value of such fractional share relating to fractional shares, determined as follows:

Fractional Securities. No fractional Conversion Shares shall be issued upon conversion of this Note.

Fractional Securities. No fractional shares of Common Stock shall be issued in connection with any conversion of Class B Preferred. In lieu of any fractional shares, the Company shall make a cash payment therefore equal in amount to the applicable fraction of the Conversion Price.

Fractional Securities. No fraction of a Parent Common Share will be issued in connection with the Merger. In lieu of such issuance, all Parent Common Shares issued to the Company stockholders shall be rounded up to the closest whole Parent Common Share.

Fractional Securities. No fractional securities of the Resulting Issuer will be issued. If a securityholder of Profound would otherwise be entitled to a fractional security upon the Amalgamation, the number of securities of the Resulting Issuer issued to such securityholder shall be rounded down to the next lesser whole number of such security. In calculating such fractional interests, all securities of the Resulting Issuer, as the case may be, registered in the name of or beneficially held by a Resulting Issuer securityholder or their nominee shall be aggregated.