Common use of No Fractional Exercise Clause in Contracts

No Fractional Exercise. This Warrant may be exercised only in whole numbers of Warrant Shares. No fractional Warrant Shares are to be issued upon the exercise of the Warrant, but rather the number of Warrant Shares to be issued shall be rounded up or down, as applicable, to the nearest whole number. If fewer than all of the Warrants evidenced by this Warrant are exercised, a notation shall be made to the records maintained by the Company evidencing the balance of the Warrants remaining after such exercise.

Appears in 7 contracts

Samples: Common Stock Purchase Warrant (Modular Medical, Inc.), Warrant Agreement (Verb Technology Company, Inc.), Warrant Agreement (Verb Technology Company, Inc.)

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No Fractional Exercise. This Warrant may be exercised only in whole numbers of Warrant Shares. No fractional Warrant Shares are to be issued upon the exercise of the Warrant, but rather the number of Warrant Shares to be issued shall be rounded up or down, as applicable, to the nearest whole number. If fewer than all of the Warrants evidenced by this Warrant are exercised, a notation shall be made to the records maintained by the Company evidencing the balance of the Warrants remaining after such exercise.

Appears in 5 contracts

Samples: Common Stock Purchase Warrant (Creative Realities, Inc.), Common Stock Purchase Warrant (Creative Realities, Inc.), Common Stock Purchase Warrant (Creative Realities, Inc.)

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No Fractional Exercise. This Warrant Warrants may be exercised only in whole numbers of Warrant Shares. No fractional Warrant Shares are to be issued upon the exercise of the Warrant, but rather the number of Warrant Shares to be issued shall be rounded up or down, as applicable, to the nearest whole number. If fewer than all of the Warrants evidenced by this a Warrant are exercised, a notation shall be made to the records maintained by the Company Depository, its nominee for each Warrant, or a Participant, as appropriate, evidencing the balance of the Warrants remaining after such exercise.

Appears in 5 contracts

Samples: Warrant Agency Agreement (Soligenix, Inc.), Warrant Agency Agreement (Soligenix, Inc.), Warrant Agency Agreement (U.S. Rare Earths, Inc)

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