Fractional Warrants and Fractional Shares. 9.1. If the number of shares of Common Stock purchasable upon the exercise of each Warrant is adjusted pursuant to Section 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 pay to the Holder an amount in cash equal to such fraction multiplied by the current market value of such fractional shares, determined as follows:
Appears in 8 contracts
Samples: Warrant Agreement, Warrant Agreement (A4s Security, Inc.), Warrant Agreement (Security With Advanced Technology, Inc.)
Fractional Warrants and Fractional Shares. 9.1. If the number of shares of Common Stock purchasable upon the exercise of each Warrant is adjusted pursuant to Section 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 pay to the Holder an amount in cash equal to such fraction multiplied by the current market value of such fractional sharesshare, determined as follows:
Appears in 6 contracts
Samples: Warrant Agreement (Worldgate Communications Inc), Warrant Agreement (Waverider Communications Inc), Warrant Agreement (Relm Wireless Corp)
Fractional Warrants and Fractional Shares. 9.1. If the number of shares of Common Stock purchasable upon the exercise of each Warrant is adjusted pursuant to Section 8 hereof10 of this Agreement, the Company nevertheless 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 pay to the Holder an amount in cash equal to such fraction multiplied by the current market value of such fractional sharesshare, determined as follows:
Appears in 3 contracts
Samples: Warrant Agreement (Radyne Comstream Inc), Warrant Agreement (Radyne Comstream Inc), Warrant Agreement (Radyne Comstream Inc)
Fractional Warrants and Fractional Shares. 9.1. If the number of shares of Common Stock purchasable upon the exercise of each Warrant is adjusted pursuant to Section 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 hereofof any Warrant, the Company shall pay to the Holder holder thereof an amount in cash equal to such fraction multiplied by the current market value price of such fractional sharesa share of Common Stock, determined as follows:
Appears in 2 contracts
Samples: Warrant Agreement (Omnicomm Systems Inc), Warrant Agreement (Omnicomm Systems Inc)
Fractional Warrants and Fractional Shares. 9.1. (a) If the number of shares of Common Preferred Stock purchasable upon the exercise of each Warrant is adjusted pursuant to Section 8 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 pay to the Holder an amount in cash equal to such fraction multiplied by the current market value of such fractional sharesshare, determined as follows:
Appears in 2 contracts
Samples: Warrant Agreement (Ifs International Inc), Warrant Agreement (Ifs International Inc)
Fractional Warrants and Fractional Shares. 9.1. If the number of shares of Common Stock purchasable upon the exercise of each Warrant is adjusted pursuant to Section 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 pay to the Holder an amount in cash equal to such fraction multiplied by the current market value of such fractional sharesshare, determined as follows:
Appears in 1 contract
Fractional Warrants and Fractional Shares. 9.1. If the number of shares of Common Stock purchasable upon the exercise of each Warrant is adjusted pursuant to Section 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 pay to the Holder an an, amount in cash equal to such fraction multiplied by the current market value of such fractional sharesshare, determined as follows:
Appears in 1 contract
Fractional Warrants and Fractional Shares. 9.1. If the number of shares of Common Stock purchasable upon the exercise of each Warrant is adjusted pursuant to Section 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 hereofof a Warrant, the Company shall pay to the Holder an amount in cash equal to such fraction multiplied by the current market value of such fractional sharesshare, determined as follows:
Appears in 1 contract
Samples: Warrant Agreement (Intraware Inc)
Fractional Warrants and Fractional Shares. 9.1. (a) If the number of shares of Common Stock purchasable upon the exercise of each Warrant is adjusted pursuant to Section 8 hereof, the Company nevertheless 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 the exercise of any exercise hereofWarrant, the Company shall pay to the Holder an amount in cash equal to such fraction multiplied by the current market value of such fractional sharesshare, determined as follows:
Appears in 1 contract
Fractional Warrants and Fractional Shares. 9.1. (a) If the number of shares of Common Stock purchasable upon the exercise of each Warrant is adjusted pursuant to Section 8 SECTION 9 hereof, the Company nevertheless 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 the exercise of any exercise hereofWarrant, the Company shall pay to the Holder an amount in cash equal to such fraction multiplied by the current market value of such fractional sharesshare, determined as follows:
Appears in 1 contract
Samples: Warrant Agreement (Careflow Net Inc)
Fractional Warrants and Fractional Shares. 9.1. (a) If the number of shares of Common Stock purchasable upon the exercise of each Class A Warrant is adjusted pursuant to Section 8 hereof, the Company nevertheless shall nevertheless not be required to issue fractions of shares, upon exercise of the Class A 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 pay to the Holder an amount in cash equal to such fraction multiplied by the current market value of such fractional sharesshare, determined as follows:
Appears in 1 contract