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. As to any fraction of a share which 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.)

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No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. As to any fraction of a share which 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. No fractional Warrants may be exercised only in whole numbers of Warrant Shares will be issued upon the exercise of the WarrantShares. As to any fraction of a share which a 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 shareWarrant Share.

Appears in 3 contracts

Samples: Warrant Agency Agreement (Rennova Health, Inc.), Warrant Agency Agreement (VistaGen Therapeutics, Inc.), Warrant Agency Agreement (VistaGen Therapeutics, Inc.)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. As to any fraction of a share which 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 or, round up or down, as applicable, to the next nearest whole shareWarrant Share to be issued to such Holder.

Appears in 1 contract

Samples: Warrant Agent Agreement (Syra Health Corp)

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No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the Warrant. As to any fraction of a share which 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 down to the next whole share.

Appears in 1 contract

Samples: Warrant Agent Agreement (Gain Therapeutics, Inc.)

No Fractional Exercise. No fractional Warrant Shares will be issued upon the exercise of the WarrantWarrants. As to any fraction of a share which a 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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