Common use of Fractions of Shares Clause in Contracts

Fractions of Shares. No fractional Common Shares shall be issued upon conversion of any Note or Notes. If more than one Note shall be surrendered for conversion at one time by the same Holder, the number of full shares which shall be issued upon conversion thereof shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof) so surrendered. Instead of any fractional Common Shares which would otherwise be issued upon conversion of any Note or Notes (or specified portions thereof), the Issuer shall pay a cash adjustment in respect of such fraction (calculated to the nearest one-100th of a share) in an amount equal to the same fraction of the Closing Price of the Common Shares as of the Trading Day preceding the date of conversion.

Fractions of Shares. No fractional shares of Common Shares Stock shall be issued upon conversion of any Note or Notes. If more than one Note shall be surrendered for conversion at one time by the same Holder, the number of full shares which shall be issued upon conversion thereof shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof) so surrendered. Instead of any fractional share of Common Shares Stock which would otherwise be issued upon conversion of any Note or Notes (or specified portions thereof), the Issuer shall pay a cash adjustment in respect of such fraction (calculated to the nearest one-100th of a share) in an amount equal to the same fraction of the Closing Price quoted price of the Common Shares Stock as of the Trading Day preceding the date of conversion.

Fractions of Shares. No fractional shares of Common Shares Stock shall be issued upon conversion of any Note or Notes. If more than one Note shall be surrendered for conversion at one time by the same Holder, the number of full shares which shall be issued upon conversion thereof shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof) so surrendered. Instead of any fractional share of Common Shares Stock which would otherwise be issued upon conversion of any Note or Notes (or specified portions thereof), the Issuer Company shall pay a cash adjustment in respect of such fraction (calculated to the nearest one-100th of a share) in an amount equal to the same fraction of the Closing Price of the Common Shares Stock as of the Trading Day preceding the date of conversion.

Fractions of Shares. No fractional shares of Common Shares Stock shall be issued upon conversion of any Note or Notes. If more than one Note shall be surrendered for conversion at one time by the same Holder, the number of full shares which shall be issued upon conversion thereof shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof) so surrendered. Instead of any fractional share of Common Shares Stock which would otherwise be issued upon conversion of any Note or Notes (or specified portions thereof), the Issuer Company shall pay a cash adjustment in respect of such fraction (calculated to the nearest one-100th of a share) in an amount equal to the same fraction of the Closing Price per Share of the Common Shares Stock as of the Trading Day preceding the date of conversionConversion Date.

Fractions of Shares. No fractional Common Shares shall be issued upon conversion of any Note or Notes. If more than one Note shall be surrendered for conversion at one time by the same Holder, the number of full shares which shall be issued upon conversion thereof shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof) so surrendered. Instead of any fractional Common Shares Share which would otherwise be issued upon conversion of any Note or Notes (or specified portions thereof), the Issuer Company shall pay a cash adjustment in respect of such fraction (calculated to the nearest one-100th of a share) in an amount equal to the same fraction of the Closing Price quoted price of the Common Shares as of the Trading Day preceding the date of conversion.

Fractions of Shares. No fractional shares of Common Shares Stock shall be issued upon conversion of any Note or Notes. If more than one Note shall be surrendered for conversion at one time by the same Holder, the number of full shares which shall be issued upon conversion thereof shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof) so surrendered. Instead of any fractional share of Common Shares Stock which would otherwise be issued upon conversion of any Note or Notes (or specified portions thereof), the Issuer Issuers shall pay a cash adjustment in respect of such fraction (calculated to the nearest one-100th of a share) in an amount equal to the same fraction of the Closing Price quoted price of the Common Shares Stock as of the Trading Day preceding the date of conversion.

Fractions of Shares. No fractional shares of Common Shares Stock shall be issued upon conversion of any Note or Notes. If more than one Note shall be surrendered for conversion at one time by the same Holder, the number of full shares of Common Stock which shall be issued upon conversion thereof shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof) so surrendered. Instead of any fractional shares of Common Shares Stock which would otherwise be issued upon conversion of any Note or Notes (or specified portions thereof), the Issuer Company shall pay a cash adjustment in respect of such fraction (calculated to the nearest one-100th 1/100th of a share) in an amount equal to the same fraction of the Closing Trading Price of the shares of Common Shares Stock as of the Trading Day preceding the date of conversionConversion Date.

Fractions of Shares. No fractional shares of Common Shares Stock shall be issued upon conversion of any Note or Notes. If more than one Note shall be surrendered for conversion at one time by the same Holder, the number of full shares which shall be issued upon conversion thereof shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof) so surrendered. Instead of any fractional share of Common Shares Stock which would otherwise be issued upon conversion of any Note or Notes (or specified portions thereof), the Issuer Company shall pay a cash adjustment in respect of such fraction (calculated to the nearest one-100th of a share) in an amount equal to the same fraction of the Closing Price quoted price of the per Common Shares Stock as of the Trading Day immediately preceding the date of conversion.

Fractions of Shares. No fractional shares of Common Shares Stock shall be issued upon conversion of any Note or Notes. If more than one Note shall be surrendered for conversion at one time by the same Holder, the number of full shares which shall be issued upon conversion thereof shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof) so surrendered. Instead of any fractional share of Common Shares Stock which would otherwise be issued upon conversion of any Note or Notes (or specified portions thereof), the Issuer Company shall pay a cash adjustment in respect of such fraction (calculated to the nearest one-100th of a share) in an amount equal to the same fraction of the Closing Price per share of the Common Shares Stock as of the Trading Day immediately preceding the date of conversionConversion Date.

Fractions of Shares. No fractional shares of Common Shares Stock shall be issued upon conversion of any Note or Notes. If more than one Note shall be surrendered for conversion at one time by the same Holder, the number of full shares which shall be issued upon conversion thereof shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof) so surrendered. Instead of any fractional share of Common Shares Stock which would otherwise be issued upon conversion of any Note or Notes (or specified portions thereof), the Issuer Company shall pay a cash adjustment in respect of such fraction (calculated to the nearest one-100th of a share) in an amount equal to the same fraction of the Closing Price of the Common Shares Stock as of the Trading Day immediately preceding the date of conversion.

Fractions of Shares. No fractional shares of Common Shares Stock shall be issued upon conversion of any Note or Notes. If more than one Note shall be surrendered for conversion at one time by the same Holder, the number of full shares which shall be issued upon conversion thereof shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof) so surrendered. Instead of any fractional share of Common Shares Stock which would otherwise be issued upon conversion of any Note or Notes (or specified portions thereof), the Issuer Company shall pay a cash adjustment in respect of such fraction (calculated to the nearest one-100th one- 100th of a share) in an amount equal to the same fraction of the Closing Price of the Common Shares Stock as of the Trading Day preceding the date of conversion.