Common use of Fractional Share Rights Clause in Contracts

Fractional Share Rights. The Share Rights Agent will not issue fractional shares in connection with an exchange or transfer of rights. Fractional shares will either be rounded down to the nearest whole share or otherwise addressed in accordance with Cayman Islands law and the Articles. As a result, you must hold Share Rights in multiples of 15 in order to receive shares for all of your Share Rights upon closing of a business combination.

Fractional Share Rights. The Share Rights Agent will not issue fractional shares in connection with an exchange or transfer of rightsShare Rights. Fractional shares will either be rounded down to the nearest whole share or otherwise addressed in accordance with Cayman Islands law and the Articles. As a result, you must hold Share Rights in multiples of 15 10 in order to receive shares for all of your Share Rights upon closing of a business combinationthe Exchange Event.

Fractional Share Rights. The Share Rights Agent will not issue fractional shares in connection with an exchange or transfer of rights. Fractional shares will either be rounded down to the nearest whole share or otherwise addressed in accordance with Cayman Islands law and the Articleslaw. As a result, you must hold Share Rights in multiples of 15 10 in order to receive shares for all of your Share Rights upon closing of a business combination.