Common use of No Fractional Share Clause in Contracts

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 591 contracts

Samples: Loan and Security Agreement (Contineum Therapeutics, Inc.), Financing Agreement (Spire Global, Inc.), Financing Agreement (Spire Global, Inc.)

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No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (ia) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (iib) the then-effective Warrant Price.

Appears in 33 contracts

Samples: Purchase Stock (Vapotherm Inc), Equity Line Agreement (Senseonics Holdings, Inc.), Appendix 1 (Augmedix, Inc.)

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down up to the nearest whole Share. If a fractional Share interest arises upon any exercise of the WarrantWarrant (including as a result of a cashless exercise pursuant to Section 2.2 above), the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value Fair Market Value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 11 contracts

Samples: Credit Agreement (Sonendo, Inc.), Voting Agreement (Sonendo, Inc.), Voting Agreement (Sonendo, Inc.)

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Exercise Price.

Appears in 9 contracts

Samples: Warrant to Purchase Stock (Verastem, Inc.), Vapotherm Inc, Vapotherm Inc

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the this Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 8 contracts

Samples: Novation and Amendment Agreement (MEI Pharma, Inc.), Funding Agreement (MEI Pharma, Inc.), Funding Agreement (Infinity Pharmaceuticals, Inc.)

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 1.2 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 8 contracts

Samples: Subscription Agreement (Acura Pharmaceuticals, Inc), Aemetis, Inc, Aemetis, Inc

No Fractional Share. No fractional Share shall be issuable upon exercise or conversion of this the Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise or conversion of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section Article 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 8 contracts

Samples: iRhythm Technologies, Inc., iRhythm Technologies, Inc., iRhythm Technologies, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the this Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (ia) the fair market value Fair Market Value (as determined in accordance with Section 1.3 above) of a full Share, less (iib) the then-effective Warrant Price.

Appears in 6 contracts

Samples: Beachbody Company, Inc., Beachbody Company, Inc., Beachbody Company, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value Fair Market Value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 6 contracts

Samples: Warrant And, Warrant And, Evelo Biosciences, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.. 2.6

Appears in 6 contracts

Samples: CVRx, Inc., CVRx, Inc., CVRx, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) Fair Market Value of a full Share, less (ii) the then-effective Warrant Price.

Appears in 4 contracts

Samples: Exchange and Purchase Agreement (Liveperson Inc), Liveperson Inc, SANUWAVE Health, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the this Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) Fair Market Value of a full Share, less (ii) the then-effective Warrant Price.

Appears in 4 contracts

Samples: Lombard Medical, Inc., Lombard Medical, Inc., Lombard Medical, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 3 contracts

Samples: Stock Purchase Agreement (MTBC, Inc.), MTBC, Inc., MTBC, Inc.

No Fractional Share. No fractional Share shall be is issuable upon exercise of this Warrant Warrant, and the number of the Shares to be issued shall will be rounded down to the nearest whole Share. If a fractional Share interest arises upon any an exercise of the this Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying that is the product of (a) the fractional interest by and (b) the difference between (i) the fair market value (as determined in accordance with Section 1.3 above) Fair Market Value of a full Share, less one Share and (ii) the then-effective Warrant Price.

Appears in 3 contracts

Samples: Related Agreement (Vitro Biopharma, Inc.), Vitro Biopharma, Inc., Vitro Biopharma, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value of a full Share (as determined in accordance with Section 1.3 above) of a full Share), less (ii) the then-effective Warrant Price.

Appears in 3 contracts

Samples: Phreesia, Inc., Phreesia, Inc., Phreesia, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full ShareShare on the date of exercise, less (ii) the then-effective Warrant Price.

Appears in 3 contracts

Samples: Durata Therapeutics, Inc., Relypsa Inc, Relypsa Inc

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full lull Share, less (ii) the then-effective Warrant Price.

Appears in 2 contracts

Samples: Carbylan Therapeutics, Inc., Carbylan Therapeutics, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 2.4 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 2 contracts

Samples: Forescout Technologies, Inc, Forescout Technologies, Inc

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash or cash equivalents the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 2 contracts

Samples: ThredUp Inc., ThredUp Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 1.4 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 2 contracts

Samples: Warrant Agreement (Leo Holdings III Corp.), Warrant Agreement (Local Bounti Corporation/De)

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the this Warrant, the Company shall eliminate such fractional Share interest by paying the Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 2(b)(ii) above) of a full Share, less (ii) the then-effective Warrant Exercise Price.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Applovin Corp), Applovin Corp

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full frill Share, less (ii) the then-effective Warrant Price.

Appears in 2 contracts

Samples: Carbylan Therapeutics, Inc., Carbylan Therapeutics, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. , If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 2 contracts

Samples: Sientra, Inc., Sientra, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 2 contracts

Samples: Sutro Biopharma Inc, Sutro Biopharma Inc

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.,

Appears in 2 contracts

Samples: Switchback Energy Acquisition Corp, XOOM Corp

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No Fractional Share. No fractional Common Share shall be issuable upon exercise of this Warrant and the number of Common Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Common Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Common Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Common Share, less (ii) the then-effective Warrant Price.

Appears in 2 contracts

Samples: Decipher Biosciences, Inc., Decipher Biosciences, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (ia) the fair market value (as determined in accordance with Section 1.3 1.4 above) of a full Share, less (iib) the then-effective Warrant Price.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Eos Energy Enterprises, Inc.), Securities Purchase Agreement (Eos Energy Enterprises, Inc.)

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant then‑effective Exercise Price.

Appears in 1 contract

Samples: Adma Biologics, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 1 contract

Samples: 908 Devices Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective applicable Warrant Price.

Appears in 1 contract

Samples: Intuity Medical, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (ia) the fair market value Fair Market Value (as determined in accordance with Section 1.3 above) of a full Share, less (iib) the then-effective Warrant Price.

Appears in 1 contract

Samples: Tracon Pharmaceuticals, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying the Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value Fair Market Value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.. ​

Appears in 1 contract

Samples: Credit and Security Agreement (Greenbrook TMS Inc.)

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.. ​

Appears in 1 contract

Samples: Everspin Technologies Inc

No Fractional Share. No fractional Share shall be issuable upon exercise or conversion of this the Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise or conversion of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 1 contract

Samples: Principia Biopharma Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-then effective Warrant Price.

Appears in 1 contract

Samples: Tocagen Inc

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the this Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 1.4 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 1 contract

Samples: Warrant Agreement (Paymentus Holdings, Inc.)

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying the Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value Fair Market Value (as determined in accordance with Section 1.3 above or, upon an IPO or Direct Listing, in accordance with Section 1.5 or 1.6 above, as applicable) of a full Share, Share less (ii) the then-effective Warrant Exercise Price.

Appears in 1 contract

Samples: Toast, Inc.

No Fractional Share. No fractional Share shall be issuable issued upon exercise of this Warrant Warrant, and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the this Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the an amount computed equal to such fractional interest, multiplied by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) based on the closing price of such common stock on the day of exercise of a full Share) (the “Fractional Share Value”), less (ii) the then-effective Warrant Priceunless Holder otherwise elects, in its sole discretion, to waive such payment.

Appears in 1 contract

Samples: Calidi Biotherapeutics, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 1 contract

Samples: Sophiris Bio Inc.

No Fractional Share. No fractional Share shall be issuable issued upon exercise of this Warrant Warrant, and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the this Warrant, the Company shall eliminate such fractional Share interest by paying Holder in cash the an amount computed by multiplying the equal to (a) such fractional interest interest, multiplied by (ib)(i) the fair market value (as determined in accordance with Section 1.3 2.3 above) of a full Share, less (ii) the then-effective Warrant Exercise Price.

Appears in 1 contract

Samples: KORU Medical Systems, Inc.

No Fractional Share. No fractional Share shall be issuable upon exercise of this Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional Share interest arises upon any exercise of the Warrant, the Company shall eliminate such fractional Share interest by paying the Holder in cash the amount computed by multiplying the fractional interest by (i) the fair market value Fair Market Value (as determined in accordance with Section 1.3 above) of a full Share, less (ii) the then-effective Warrant Price.

Appears in 1 contract

Samples: Credit and Security Agreement (Greenbrook TMS Inc.)

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