Common use of No Fractional Interest Clause in Contracts

No Fractional Interest. No fractional shares will be issued in connection with any exercise hereunder, but in lieu of such fractional shares which would otherwise be issuable the number of shares shall rounded to the nearest whole number.

Appears in 12 contracts

Samples: Warrant (Retalix LTD), Lumenis LTD, Lumenis LTD

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