Common use of Fractional Warrants and Fractional Shares Clause in Contracts

Fractional Warrants and Fractional Shares. 1.1. If the number of shares of Common Stock purchasable upon the exercise of each Warrant is adjusted pursuant to Section 9 hereof, the Company shall nevertheless not be required to issue fractions of shares, upon exercise of the Warrants or otherwise, or to distribute certificates that evidence fractional shares. With respect to any fraction of a share called for upon any exercise hereof, the Company shall, upon such exercise, round up to the nearest whole number, the number of shares of Common Stock to be issued to such holder

Appears in 1 contract

Samples: Warrant Agreement (Adcare Health Systems Inc)

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Fractional Warrants and Fractional Shares. 1.110.1. If the number of shares of Common Stock purchasable upon the exercise of each Warrant is adjusted pursuant to Section 9 hereof, the Company shall nevertheless not be required to issue fractions of shares, upon exercise of the Warrants or otherwise, or to distribute certificates that evidence fractional shares. With respect to any fraction of a share called for upon any exercise hereof, the Company shall, upon such exercise, round up to the nearest whole number, the number of shares of Common Stock to be issued to such holder

Appears in 1 contract

Samples: Warrant Agreement (Adcare Health Systems Inc)

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Fractional Warrants and Fractional Shares. 1.19.1. If the number of shares of Common Stock purchasable upon the exercise of each Warrant is adjusted pursuant to Section 9 8 hereof, the Company shall nevertheless not be required to issue fractions of shares, upon exercise of the Warrants or otherwise, or to distribute certificates that evidence fractional shares. With respect to any fraction of a share called for upon any exercise hereof, the Company shall, upon such exercise, round up to the nearest whole number, the number of shares of Common Stock to be issued to such holder

Appears in 1 contract

Samples: Warrant Agreement (Adcare Health Systems Inc)

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