Common use of Fractional Securities Clause in Contracts

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

Appears in 1 contract

Samples: Share Purchase Agreement (Primus Knowledge Solutions Inc)

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

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Onhealth Network Co)

Fractional Securities. No fraction of a Parent Common Share --------------------- will be issued in connection with the Purchase and SaleMerger. In lieu of such issuance, all Parent Common Shares issued to the Shareholders Company shareholders shall be rounded up to the closest whole Parent Common Share.

Appears in 1 contract

Samples: Merger Agreement (Primus Knowledge Solutions Inc)

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

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Primus Knowledge Solutions Inc)

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