Common use of Fractional Warrants and Fractional Shares Clause in Contracts

Fractional Warrants and Fractional Shares. (a) Notwithstanding ----------------------------------------- anything contained in this Agreement to the contrary, the Company shall not be required to issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants.

Appears in 2 contracts

Samples: Warrant Agreement (Tivo Inc), Warrant Agreement (Tivo Inc)

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Fractional Warrants and Fractional Shares. (a) ----------------------------------------- Notwithstanding ----------------------------------------- anything contained in this Agreement to the contrary, the Company shall not be required to issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants.

Appears in 1 contract

Samples: Warrant Agreement (Tivo Inc)

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Fractional Warrants and Fractional Shares. (a) Notwithstanding The ----------------------------------------- anything contained Company shall not be required to issue Warrant Certificates which evidence fractional Warrants. No consideration shall be paid in this Agreement to the contrary, the lieu of fractional Warrants. (b) The Company shall not be required to issue fractions of Warrants Shares or to distribute Warrant Certificates Share certificates which evidence fractional Shares upon the exercise of the Warrants. If fractional Shares are not issued, the Company will pay cash equal to the applicable percentage of the market price of a Share in lieu thereof.

Appears in 1 contract

Samples: Warrant Agreement (Cabot Noble Inc)

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