Common use of No Fractional Shares or Scrip Clause in Contracts

No Fractional Shares or Scrip. No fractional Warrant Shares will be issued upon the exercise of this Warrant. If a Holder would be entitled, upon the exercise of this Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up or down, as applicable, to the nearest whole number the number of Warrant Shares to be issued to such Holder.

Appears in 7 contracts

Samples: Warrant Agent Agreement (Mobiquity Technologies, Inc.), Warrant Agent Agreement (PetVivo Holdings, Inc.), Warrant Agent Agreement (Altamira Therapeutics Ltd.)

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No Fractional Shares or Scrip. No fractional Warrant Shares will or scrip representing fractional shares shall be issued upon the exercise of this Warrantthe Warrants. If As to any fraction of a share that the Holder would otherwise be entitled, upon the exercise of this Warrant, entitled to receive a fractional interest in a share, the Company shall, purchase upon such exercise, the Company shall round up or down, as applicable, down to the nearest whole number the number of Warrant Shares to be issued to such Holdershare.

Appears in 6 contracts

Samples: Warrant Agency Agreement (Cazoo Group LTD), Warrant Agency Agreement (Cazoo Group LTD), Warrant Agency Agreement (Cazoo Group LTD)

No Fractional Shares or Scrip. No fractional Warrant Shares will shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. If As to any fraction of a share that the Holder would otherwise be entitled, upon the exercise of this Warrant, entitled to receive a fractional interest in a share, the Company shall, purchase upon such exercise, the Company shall round up or down, as applicable, to the nearest whole number the number of Warrant Shares issuable upon such exercise to be issued to such Holdernext whole number.

Appears in 5 contracts

Samples: Warrant Agreement (Magal Security Systems LTD), Memorandum of Agreement (Rada Electronic Industries LTD), Warrant Agreement (Rada Electronic Industries LTD)

No Fractional Shares or Scrip. No fractional Warrant Shares will be issued upon the exercise of this Warrant. If a Holder would be entitled, upon the exercise of this Warrant, to receive a fractional interest in a share, the Company shall, upon at its election, either pay a cash adjustment in respect of such exercise, final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up or down, as applicable, to the nearest next whole number the number of Warrant Shares to be issued to such Holdershare.

Appears in 5 contracts

Samples: Common Stock Purchase Warrant (QSAM Biosciences, Inc.), Warrant Agent Agreement (QSAM Biosciences, Inc.), Warrant Agent Agreement (QSAM Biosciences, Inc.)

No Fractional Shares or Scrip. No fractional Warrant Shares will or scrip representing fractional Warrant Shares shall be issued upon the exercise of this Warrant. If If, by reason of any adjustment made, a Holder would be entitled, upon the exercise of this such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up or down, as applicable, to the nearest whole number the number of Warrant Shares to be issued to such Holder.

Appears in 4 contracts

Samples: Common Stock Purchase Warrant (Elate Group, Inc.), Warrant Agency Agreement (SeqLL, Inc.), Warrant Agency Agreement (SeqLL, Inc.)

No Fractional Shares or Scrip. No fractional Warrant Shares will or scrip representing fractional Warrant Shares shall be issued upon the exercise of this Warrant. If As to any fraction of a Warrant Share which the Holder would otherwise be entitled, upon the exercise of this Warrant, entitled to receive a fractional interest in a share, the Company shall, purchase upon such exercise, the Company shall in lieu of the issuance of such fractional Warrant Share round up or down, as applicable, to the nearest next whole number the number of Warrant Shares to be issued to such HolderShare.

Appears in 4 contracts

Samples: Pre Funded Warrant Agreement (Qualigen Therapeutics, Inc.), Warrant to Purchase Ordinary Shares (Brenmiller Energy Ltd.), Warrant to Purchase Ordinary Shares (Brenmiller Energy Ltd.)

No Fractional Shares or Scrip. No fractional Warrant Shares will shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. If a Holder would be entitledIf, upon the exercise of this Warrant, the Holder would be entitled to receive a fractional interest in a shareWarrant Share, the Company shallwill, upon such exercise, round up or down, as applicable, down to the nearest whole number the number of Warrant Shares to be issued to such the Holder.

Appears in 3 contracts

Samples: Warrant Agreement (Niocorp Developments LTD), Warrant Agreement (Niocorp Developments LTD), Underwriting Agreement (Niocorp Developments LTD)

No Fractional Shares or Scrip. No fractional Warrant Shares will shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. If As to any fraction of a share which the Holder would otherwise be entitled, entitled to purchase upon the exercise of this Warrant, to receive a fractional interest in a sharesuch exercise, the Company shall, upon such exercise, round up or down, as applicable, to the nearest whole number the number of Warrant Shares to be issued to such the Holder.

Appears in 2 contracts

Samples: Warrant Agent Agreement (ComSovereign Holding Corp.), Warrant Agent Agreement (ComSovereign Holding Corp.)

No Fractional Shares or Scrip. No fractional Warrant Shares will shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. If any fraction of a Holder would Warrant Share would, except for the provisions of this Section, be entitled, issuable upon the exercise of this Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up or down, as applicable, to the nearest whole number the number of Warrant Shares to be issued will be rounded down to such Holderthe nearest whole share and the Company will pay cash for the fraction.

Appears in 2 contracts

Samples: Common Stock and Warrant Purchase Agreement (Corautus Genetics Inc), Common Stock and Warrant Purchase Agreement (Corautus Genetics Inc)

No Fractional Shares or Scrip. No fractional Warrant Shares will shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. If As to any fraction of a share which Holder would otherwise be entitled, upon the exercise of this Warrant, entitled to receive a fractional interest in a share, the Company shall, purchase upon such exercise, the Company shall round up or down, as applicable, to the nearest whole number the number of Warrant Shares shares to be issued to such Holderthe next highest number.

Appears in 1 contract

Samples: Warrant Agreement (PetroShare Corp.)

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No Fractional Shares or Scrip. No fractional Warrant Shares will or scrip representing fractional Warrant Shares shall be issued upon the exercise of this Warrant. If As to any fraction of a Warrant Share which the Holder would otherwise be entitled, upon the exercise of this Warrant, entitled to receive a fractional interest in a share, the Company shall, purchase upon such exercise, the Company round up or down, as applicable, to the nearest next whole number the number of Warrant Shares to be issued to such HolderShare.

Appears in 1 contract

Samples: Pre Funded Warrant Agreement (SharpLink Gaming Ltd.)

No Fractional Shares or Scrip. No fractional Warrant Shares will shall be issued upon the any exercise of this Warrant. If As to any fraction of a Warrant Share which the Holder would otherwise be entitled, upon the exercise of this Warrant, entitled to receive a fractional interest in a share, the Company shall, purchase upon such exercise, the Company shall round up or down, as applicable, down to the nearest whole number the number of Warrant Shares to be issued to the Holder to the next whole share and the aggregate Exercise Price for all such HolderWarrant Shares shall be reduced by an amount equal to such fraction of a Warrant Share, multiplied by the Exercise Price.

Appears in 1 contract

Samples: Ordinary Share Purchase Warrant (Procaps Group, S.A.)

No Fractional Shares or Scrip. No fractional Warrant Shares will or scrip representing fractional Warrant Shares shall be issued upon the exercise of this Warrant. If As to any fraction of a Warrant Share which the Holder would otherwise be entitled, upon the exercise of this Warrant, entitled to receive a fractional interest in a share, the Company shall, purchase upon such exercise, the Company shall round up or down, as applicable, to the nearest next whole number the number of Warrant Shares to be issued to such HolderShare.

Appears in 1 contract

Samples: Ordinary Shares Purchase Warrant (SharpLink Gaming Ltd.)

No Fractional Shares or Scrip. No fractional Warrant Shares will shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. If As to any fraction of a share that Holder would otherwise be entitled, upon the exercise of this Warrant, entitled to receive a fractional interest in a share, the Company shall, purchase upon such exercise, round up or down, as applicable, to the nearest whole number such fractional Warrant Share shall be disregarded and the number of Warrant Shares to issuable upon such exercise, in the aggregate, shall be issued to such Holderthe nearest whole number of Warrant Shares.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Sterling Mining CO)

No Fractional Shares or Scrip. No fractional Warrant Shares will shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. If As to any fraction of a share which the Holder would otherwise be entitled, entitled to purchase upon the exercise of this Warrant, to receive a fractional interest in a sharesuch exercise, the Company shall, upon such exercise, round up or down, as applicable, to the nearest whole number the number of Warrant Shares to be issued to such Holder.

Appears in 1 contract

Samples: Warrant Agent Agreement (Bionik Laboratories Corp.)

No Fractional Shares or Scrip. No fractional Warrant Shares will or Warrant Shares shall be issued upon the exercise of this Warrant. If a As to any fraction of an Ordinary Share which the Holder would otherwise be entitled, upon the exercise of this Warrant, entitled to receive a fractional interest in a share, the Company shall, purchase upon such exercise, the Company shall round up or down, as applicable, to the nearest next whole number the number of Warrant Shares to be issued to such HolderOrdinary Share.

Appears in 1 contract

Samples: Warrant Agreement (Sancai Holding Group Ltd.)

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