Common use of Fractional Warrant Shares Clause in Contracts

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.06, be issuable upon the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per Warrant Share, as determined on the day immediately preceding the date the Warrant is presented for exercise, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be ------------------------- required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.6, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current sum of (i) the Adjusted Market Value per for one Warrant Share, as determined on the day immediately preceding the date the Warrant is presented for exerciseShare and (ii) $1.00, multiplied by such fraction, computed rounded upwards or downwards, as the case may be, to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants (including fractional Warrants). If more than one Warrant shall be exercised in full at the same time by the same Holder, the The number of full Warrant Shares which that shall be issuable upon such an exercise of Warrants by a Holder at any time shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable purchased pursuant theretoto the Warrants being exercised by that Holder at that time. If any fraction of a Warrant Share would, except for the provisions of this Section 3.06, be issuable upon the exercise of any Warrant (or specified portion thereof)Warrants, the Company shall pay an amount in cash equal to the Current Market Value Closing Price per Warrant Share, as determined share of the Common Stock on the day Trading Day immediately preceding the date the Warrant is Warrants are presented for exercise, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.6, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay at the time of exercise an amount in cash equal to the Current Market Value per Warrant Share, as determined on the day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same HolderWarrantholder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.06, be issuable upon the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per Warrant Share, as determined on the day immediately preceding the date the Warrant is presented for exercise, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.4, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall may, at its option, pay an amount in cash equal to the Current Market Value per for one Warrant Share, as determined Share on the day Business Day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.06, be issuable upon the exercise of any Warrant (or specified portion thereof), the Company shall pay pay, in lieu of issuing fractional shares, an amount in cash equal to the Current Market Value per Warrant Share, as determined on the day immediately preceding the date the Warrant is presented for exercise, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.6, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per for one Warrant Share, as determined Share on the day Business Day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.6, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the same fraction of the Current Market Value per Warrant Sharefor one share of Common Stock less the portion of the Exercise Price attributable thereto, as determined on the day immediately preceding the date the Warrant is presented for exercise, multiplied by such fraction, computed rounded to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised presented for exercise in full at the same time by the same Holder, the number of full Warrant Shares which that shall be issuable upon such the exercise thereof shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant theretorepresented by the Warrants so presented. If any fraction of a Warrant Share would, except for the provisions of this Section 3.0611, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash by check equal to the Current Market Value current market price per Warrant Share, share of common stock (as determined on the day immediately preceding the date the Warrant is presented for exercise, defined in subsection 10.1(d) above) multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.06, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per Warrant Share, as determined on the day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.6, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per for one Warrant Share, as determined Share on the day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Credit Warrants. If more than one Credit Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.6, be issuable upon on the exercise of any Credit Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per for one Warrant Share, as determined Share on the day Business Day immediately preceding the date the Credit Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be -------------------------- required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.06, be issuable upon the exercise of any Warrant (or specified portion thereof), the Company shall may pay an amount in cash equal to the Current Market Value per for one Warrant Share, as determined Share on the day immediately preceding the date the Warrant is presented for exercise, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required ------------------------- to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.6, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current sum of (i) the Adjusted Market Value per for one Warrant Share, as determined on the day immediately preceding the date the Warrant is presented for exerciseShare and (ii) $1.00, multiplied by such fraction, computed rounded upwards or downwards, as the case may be, to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares beyond two decimal places on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share beyond two decimal places would, except for the provisions of this Section 3.06, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per for one Warrant Share, as determined Share on the day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed rounded up to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.05, be issuable upon the exercise of any Warrant (or specified portion thereof)Warrant, the Company shall pay an amount in cash equal to the Current Market Value per Warrant Share, as determined on the day immediately preceding the date the Warrant is presented for exercise, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.4, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall may, at its option, pay an amount in cash equal to the Current Market Value per for one Warrant Share, as determined Share on the day Business Day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole centU.S. Dollars.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.06, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per Price for one Warrant Share, as determined Share on the trading day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.7, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per for one Warrant Share, as determined Share on the day Business Day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.6, be issuable upon the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per Warrant Share, as determined on the day immediately preceding the date the Warrant is presented for exercise, multiplied by such fraction, computed to the nearest whole cent.. 4837-8257-1034.2

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.4, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall may, at its option, pay an amount in cash equal to the Current Market Value per for one Warrant Share, as determined Share on the day Business Day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.U.S.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which that shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.06, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per for one Warrant Share, as determined Share on the day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holderholder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.5, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per market price for one Warrant Share, as determined Share on the trading day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.6, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per for one Warrant Share, as determined Share on the trading day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of WarrantsWarrants (or specified portions thereof). If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.06, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per Warrant Share, as determined on the day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.06, be issuable upon the exercise of any Warrant (or specified portion thereof), the Company shall be entitled to pay an amount in cash equal to the Current Market Value per Warrant Share, as determined on the day immediately preceding the date the Warrant is presented for exercise, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be ------------------------- required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.6, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per for one Warrant Share, as determined Share on the trading day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.063.6, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value per market price for one Warrant Share, as determined Share on the trading day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants. If more than one Warrant shall be exercised in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant thereto. If any fraction of a Warrant Share would, except for the provisions of this Section 3.06, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay at the time of exercise an amount in cash equal to the Current Market Value per Warrant Share, as determined on the day immediately preceding the date the Warrant is presented for exerciseexercised, multiplied by such fraction, computed to the nearest whole cent.

Fractional Warrant Shares. The Company shall not be required to issue fractional Warrant Shares on the exercise of the Warrants. If more than one Warrant shall be exercised presented for exercise in full at the same time by the same Holder, the number of full Warrant Shares which shall be issuable issued upon such the exercise thereof shall be computed on the basis of the aggregate number of Warrant Shares which may be purchasable pursuant theretoissuable upon exercise of the Warrants so presented. If any fraction of a Warrant Share would, except for the provisions of this Section 3.064.05, be issuable upon on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to the Current Market Value Price per Warrant Share, as determined Share on the day immediately preceding the date the Warrant is presented for exercise, multiplied by such fraction, computed to the nearest whole cent.