Common use of No Fractional Exercise Clause in Contracts

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason of any adjustment made pursuant to Section 4, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up or down, as applicable, to the nearest whole number the number of Warrant Shares to be issued to such Holder.

Appears in 87 contracts

Samples: Warrant Agent Agreement (Tonix Pharmaceuticals Holding Corp.), Warrant Agent Agreement (Tonix Pharmaceuticals Holding Corp.), Warrant Agent Agreement (Tonix Pharmaceuticals Holding Corp.)

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No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason of any adjustment made pursuant to Section 4, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up or down, as applicable, to the nearest next whole number the number of Warrant Shares to be issued to such Holdershare.

Appears in 15 contracts

Samples: Warrant Agent Agreement (Kindly MD, Inc.), Form of Warrant Agent Agreement (Green Circle Decarbonize Technology LTD), Form of Warrant Agent Agreement (Green Circle Decarbonize Technology LTD)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason As to any fraction of any adjustment made pursuant to Section 4, a share which a Holder would otherwise be entitled, upon the exercise of such Warrant, entitled to receive a fractional interest in a share, the Company shall, purchase upon such exercise, the Company shall round up or down, as applicable, to the nearest whole number the number of Warrant Shares Share to be issued to such Holder.

Appears in 12 contracts

Samples: Warrant Agent Agreement (Data443 Risk Mitigation, Inc.), Warrant Agent Agreement (Heart Test Laboratories, Inc.), Warrant Agent Agreement (Heart Test Laboratories, Inc.)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason of any adjustment made pursuant to Section 4, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest an amount in a share, the Company shall, upon such exercise, round up or down, as applicable, cash equal to the nearest whole number fractional amount multiplied by the exercise price or a number of Warrant Shares rounded up to be issued to such Holderthe next whole share.

Appears in 7 contracts

Samples: Amendment Agreement (AMERI Holdings, Inc.), Warrant Agent Agreement (AMERI Holdings, Inc.), Warrant Agent Agreement (AMERI Holdings, Inc.)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason of any adjustment made pursuant to Section 4, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up or down, as applicable, to the nearest whole number the number of Warrant Shares to be issued to such Holder.

Appears in 6 contracts

Samples: Warrant Agency Agreement (Nocera, Inc.), Warrant Agency Agreement (Nocera, Inc.), Warrant Agency Agreement (Harbor Custom Development, Inc.)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason of any adjustment made pursuant to Section 4, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon at its election, either pay a cash adjustment in respect of such exercise, final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up or down, as applicable, to the nearest next whole number the number of Warrant Shares to be issued to such Holdershare.

Appears in 6 contracts

Samples: Warrant Agent Agreement (Foremost Lithium Resource & Technology Ltd.), Warrant Agent Agreement (Odd Burger Corp), Warrant Agent Agreement (KWESST Micro Systems Inc.)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason of any adjustment made pursuant to Section 4, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up or down, as applicable, to the nearest next whole number the number of Warrant Shares to be issued to such Holdershare.

Appears in 4 contracts

Samples: Warrant Agreement (bioAffinity Technologies, Inc.), Warrant Agreement (bioAffinity Technologies, Inc.), Warrant Agreement (bioAffinity Technologies, Inc.)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason of any adjustment made pursuant to Section 4, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up or down, as applicable, down to the nearest whole number the number of Warrant Shares to be issued to such Holder.

Appears in 4 contracts

Samples: Warrant Agency Agreement (Pyxis Tankers Inc.), Warrant Agency Agreement (Pyxis Tankers Inc.), Warrant Agency Agreement (Pyxis Tankers Inc.)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason of any adjustment made pursuant to Section 45, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up or down, as applicable, down to the nearest whole number the number of Warrant Shares to be issued to such Holder.

Appears in 4 contracts

Samples: Series B Warrant Agent Agreement (Olb Group, Inc.), Series a Warrant Agent Agreement (Olb Group, Inc.), Series a Warrant Agent Agreement (Olb Group, Inc.)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason of any adjustment made pursuant to Section 45, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up or down, as applicable, to the nearest whole number the number of Warrant Shares to be issued to such Holder.

Appears in 4 contracts

Samples: Warrant Agent Agreement (Onfolio Holdings, Inc), Warrant Agent Agreement (MHHC Enterprises Inc.), Warrant Agent Agreement (Onfolio Holdings, Inc)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason of any adjustment made pursuant to Section 4, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up or down, as applicable, to the nearest next whole number the number of Warrant Shares to be issued to such Holdershare.

Appears in 3 contracts

Samples: Warrant Agent Agreement (Austin Gold Corp.), Warrant Agent Agreement (FlexEnergy Green Solutions, Inc.), Warrant Agent Agreement (RenovoRx, Inc.)

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No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason of any adjustment made pursuant to Section 4, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up or down, as applicable, to the nearest whole number the number of Warrant Shares to be issued to such Holder.

Appears in 3 contracts

Samples: Warrant Agent Agreement (Novusterra Inc), Warrant Agent Agreement (Novusterra Inc), Warrant Agent Agreement (Splash Beverage Group, Inc.)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason of any adjustment made pursuant to Section 4, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest shares, in a share, lieu thereof the Company shall, upon such exercise, round up or down, as applicable, Holder shall receive an amount in cash equal to the nearest whole number fractional amount multiplied by the exercise price or a number of Warrant Shares rounded up to be issued to such Holderthe next whole share.

Appears in 1 contract

Samples: Warrant Agent Agreement (Sun BioPharma, Inc.)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason of any adjustment made pursuant to Section 4, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exerciseexercise and at the Company’s election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up or down, as applicable, to the nearest next whole number the number of Warrant Shares to be issued to such Holdershare.

Appears in 1 contract

Samples: Warrant Agent Agreement (Tapinator, Inc.)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the a Warrant. If, by reason of any adjustment made pursuant to Section 4, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up or down, as applicable, to the nearest whole number the number of Warrant Shares to be issued to such Holder.

Appears in 1 contract

Samples: Warrant Agreement (Versus Systems Inc.)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the any Warrant. If, by reason of any adjustment made pursuant to Section 4, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up or down, as applicable, to the nearest whole number the number of Warrant Shares to be issued to such Holder.

Appears in 1 contract

Samples: Warrant Agreement (Versus Systems Inc.)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. If, by reason of any adjustment made pursuant to Section 4, a Holder would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up or down, as applicable, to the nearest whole number the number of Warrant Shares to be issued to such HolderHolder (unless rounding down to the nearest whole share is required by law).

Appears in 1 contract

Samples: Warrant Agent Agreement (PeerStream, Inc.)

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