Common use of No Fractional Exercise Clause in Contracts

No Fractional Exercise. Notwithstanding any provision contained in this Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall be issued upon the exercise of the Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, 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 to the next whole share.

Appears in 56 contracts

Samples: Warrant Agent Agreement (Nano Nuclear Energy Inc.), Warrant Agent Agreement (Nano Nuclear Energy Inc.), Warrant Agent Agreement (Sunshine Biopharma, Inc)

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No Fractional Exercise. Notwithstanding any provision contained in this Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall be issued upon the exercise of the Tradeable Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, 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 to the next whole share.

Appears in 10 contracts

Samples: Warrant Agency Agreement (Elate Group, Inc.), Warrant Agency Agreement (Elate Group, Inc.), Warrant Agency Agreement (Elate Group, Inc.)

No Fractional Exercise. Notwithstanding any provision contained in this No fractional Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall Shares will be issued upon the exercise of the Warrant. As to any fraction of a share which the a Holder would otherwise be entitled to purchase upon such exercise, the Company shall, 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 to the next whole share.

Appears in 7 contracts

Samples: Warrant Agent Agreement (ENDRA Life Sciences Inc.), Warrant Agent Agreement (Movano Inc.), Warrant Agent Agreement (Guardion Health Sciences, Inc.)

No Fractional Exercise. Notwithstanding any provision contained in this Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall be issued upon the exercise of the WarrantPre-funded Warrants. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, 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 to the next whole share.

Appears in 7 contracts

Samples: Warrant Agent Agreement (Bruush Oral Care Inc.), Warrant Agent Agreement (Wearable Devices Ltd.), Warrant Agent Agreement (Sharps Technology Inc.)

No Fractional Exercise. Notwithstanding any provision contained in this Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall be issued upon the exercise of the Warrant or Pre-funded Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, 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 to the next whole share.

Appears in 6 contracts

Samples: Warrant Agent Agreement (Azitra, Inc.), Warrant Agent Agreement (Avenue Therapeutics, Inc.), Warrant Agent Agreement (Avenue Therapeutics, Inc.)

No Fractional Exercise. Notwithstanding any provision contained in this Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall be issued upon the exercise of the WarrantPre-Funded Warrants. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, 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 to the next whole share.

Appears in 6 contracts

Samples: Warrant Agent Agreement (Infinite Group Inc), Warrant Agent Agreement (Jeffs' Brands LTD), Warrant Agent Agreement (Inspira Technologies OXY B.H.N. LTD)

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No Fractional Exercise. Notwithstanding any provision contained in this No fractional Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall Shares will be issued upon the exercise of the Warrant. As to any fraction of a share which the a Holder would otherwise be entitled to purchase upon such exercise, the Company shall, 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 to the next nearest whole shareWarrant Share to be issued to such Holder.

Appears in 3 contracts

Samples: Warrant Agent Agreement (Safe & Green Development Corp), Warrant Agent Agreement (Safe & Green Development Corp), Warrant Agent Agreement (Zivo Bioscience, Inc.)

No Fractional Exercise. Notwithstanding any provision contained in this Warrant Agreement to the contrary, no No fractional shares or scrip representing fractional shares shall be issued upon the exercise of the a Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, 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 to the next whole share.

Appears in 2 contracts

Samples: Warrant Agreement (Smart for Life, Inc.), Warrant Agreement (Smart for Life, Inc.)

No Fractional Exercise. Notwithstanding any provision contained in this No fractional Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall Shares will be issued upon the exercise of the WarrantWarrants. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, 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 to the next nearest whole sharenumber the number of shares of Common Stock to be issued to such Holder.

Appears in 1 contract

Samples: Warrant Agreement (Blue Sphere Corp.)

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