Common use of Fractional Shares of Common Shares Clause in Contracts

Fractional Shares of Common Shares. (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded up).

Appears in 9 contracts

Samples: Warrant Agency Agreement (GREENPOWER MOTOR Co INC.), Warrant Agency Agreement (C3is Inc.), Warrant Agency Agreement (C3is Inc.)

AutoNDA by SimpleDocs

Fractional Shares of Common Shares. (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded updown).

Appears in 3 contracts

Samples: Warrant Agency Agreement (Elite Education Group International LTD), Warrant Agency Agreement (Castor Maritime Inc.), Warrant Agency Agreement (Castor Maritime Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.