Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of the Warrants. With respect to any fraction of a share called for upon the exercise of the Warrants, an amount equal to such fraction multiplied by the current Warrant Price shall be paid in cash to Holder.
Appears in 3 contracts
Samples: Warrant Agreement (TRX Inc/Ga), Warrant Agreement (TRX Inc/Ga), Warrant Agreement (TRX Inc/Ga)
Fractional Shares or Scrip. No fractional shares or scrip representing will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares to which Holder would otherwise be entitled, the Company shall be issued upon the exercise of the Warrants. With respect to any fraction of make a share called for upon the exercise of the Warrants, an amount cash payment equal to such fraction the Warrant Price multiplied by the current Warrant Price shall be paid in cash to Holdersuch fraction.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Metastorm Inc), Stock Purchase Agreement (Metastorm Inc)
Fractional Shares or Scrip. No fractional shares or scrip representing will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares to which the Holder would otherwise be entitled, the Company shall be issued upon the exercise of the Warrants. With respect to any fraction of make a share called for upon the exercise of the Warrants, an amount cash payment equal to such fraction the Warrant Price multiplied by the current Warrant Price shall be paid in cash to Holdersuch fraction.
Appears in 1 contract
Samples: Warrant Agreement (Vaccinogen Inc)