Common use of Fractions of Common Shares Clause in Contracts

Fractions of Common Shares. (1) To the extent that the holder of a -------------------------- Warrant is entitled to receive on the exercise or partial exercise thereof a fraction of a Common Share, such right may only be exercised in respect of such fraction in combination with another Warrant or other Warrants which in the aggregate entitle the holder to receive a whole number of Common Shares. No fractional Common Shares will be issued.

Appears in 4 contracts

Samples: Bid Com International Inc, Bid Com International Inc, Bid Com International Inc

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Fractions of Common Shares. (1) To the extent that the holder of a -------------------------- Warrant Warrantholder is entitled to receive on the exercise or partial exercise thereof of Warrants a fraction of a Common Share, such right may only be exercised in respect of such fraction only in combination with another Warrant or other Warrants which in the aggregate entitle the holder Warrantholder to receive a whole number of Common Shares. No fractional Common Shares will be issued.

Appears in 1 contract

Samples: Asset Purchase and Sale, Royalty and Indemnity Agreement (Seabridge Gold Inc)

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