Common use of No Fractional Consideration Shares Clause in Contracts

No Fractional Consideration Shares. Notwithstanding any other provision of this Agreement, no fractional Consideration Shares will be issued in the Transaction. In lieu of any such fractional securities, any Target Vendor entitled to receive a fractional number of Consideration Shares will have such fraction rounded down to the nearest whole number of applicable Consideration Shares.

Appears in 2 contracts

Samples: Share Exchange Agreement, Share Exchange Agreement

AutoNDA by SimpleDocs

No Fractional Consideration Shares. Notwithstanding any other provision of this Agreement, no fractional Consideration Shares will be issued in the Transaction. In lieu of any such fractional securities, any Target Vendor entitled to receive a fractional number of Consideration Shares will have such fraction rounded down to the nearest whole number of applicable Consideration Shares.

Appears in 1 contract

Samples: Securities Exchange Agreement

No Fractional Consideration Shares. Notwithstanding any other provision of this Agreement, no fractional Consideration Shares will be issued in the Transaction. In lieu of any such fractional securities, any the Target Vendor is entitled to receive a fractional number of Consideration Shares and will have such fraction rounded down to the nearest whole number of applicable Consideration Shares.

Appears in 1 contract

Samples: Share Exchange Agreement

No Fractional Consideration Shares. Notwithstanding any other provision of this Agreement, no fractional Consideration Shares will be issued in the Transaction. In lieu of any such fractional securities, any Target Vendor Shareholder entitled to receive a fractional number of Consideration Shares will have such fraction rounded down to the nearest whole number of applicable Consideration Shares.

Appears in 1 contract

Samples: Share Exchange Agreement

AutoNDA by SimpleDocs

No Fractional Consideration Shares. Notwithstanding any other provision of this Agreement, no fractional Consideration Shares will be issued to a Vendor in exchange for the TransactionShares. In lieu of any such fractional securities, any Target Vendor entitled to receive a fractional number of Consideration Shares will have such fraction rounded down to the nearest whole number of applicable Consideration Shares.

Appears in 1 contract

Samples: Share Purchase Agreement (Adastra Holdings Ltd.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!