No Fractional Shares Required to Be Issued. The Company shall not be required to issue fractions of shares of Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this Section, be issuable upon final exercise of this Warrant, in lieu of such fractional share the Company may, at its option, pay to the Holder, in cash, an amount equal to the same fraction of the Fair Market Value of the Company per share of outstanding Common Stock on the Business Day immediately prior to the date of such exercise.
Appears in 5 contracts
Samples: Warrant Agreement (Mce Companies Inc), Warrant Agreement (Mce Companies Inc), Warrant Agreement (Mce Companies Inc)
No Fractional Shares Required to Be Issued. The Company shall not be required to issue fractions of shares of Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this Section, be issuable upon final exercise of this Warrant, in lieu of such fractional share share, the Company may, at its option, shall pay to the Holder, Holder in cash, cash an amount equal to the same fraction of the Fair Market Value of the Company per share of outstanding Common Stock on the Business Day immediately prior to the date of such exercise.
Appears in 4 contracts
Samples: Warrant Agreement (Advanced Life Sciences Holdings, Inc.), Warrant Agreement (Advanced Life Sciences Holdings, Inc.), Warrant Agreement (Medaphis Corp)
No Fractional Shares Required to Be Issued. The Company shall not be required to issue fractions of fractional shares of Common Stock upon exercise of this Warrant. If any fraction of a share of Common Stock would, but for this SectionSection 2.5, be issuable upon final exercise of this Warrant, in lieu of such fractional share of Common Stock, the Company may, at its option, shall pay to the Holder, Holder in cash, cash an amount equal to the same fraction of the Fair Market Value of the Company per share of outstanding Common Stock outstanding on the Business Day immediately prior to the date of such exercise.
Appears in 4 contracts
Samples: Investment Agreement (Diasys Corp), Common Stock Purchase Warrant (Diasys Corp), Warrant Agreement (Diasys Corp)
No Fractional Shares Required to Be Issued. The Company shall not be required to issue fractions of shares of Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this SectionSection 1.3, be issuable upon final exercise of this Warrant, in lieu of such fractional share share, the Company may, at its option, shall pay to the Holder, Holder in cash, cash an amount equal to the same fraction of the Fair Market Value of the Company per share of outstanding Common Stock Outstanding on the Business Day immediately prior to the date of such exercise.
Appears in 3 contracts
Samples: Warrant Agreement (Perma Fix Environmental Services Inc), Warrant Agreement (Finantra Capital Inc), Warrant Agreement (Finantra Capital Inc)
No Fractional Shares Required to Be Issued. The Company shall not be required to issue fractions of fractional shares of Common Stock upon exercise of this Warrant. If any fraction of a share of Common Stock would, but for this SectionSection 1.3, be issuable upon final exercise of this Warrant, in lieu of such fractional share of Common Stock, the Company may, at its option, shall pay to the Holder, Holder in cash, cash an amount equal to the same fraction of the Fair Market Value of the Company per share of outstanding Common Stock outstanding on the Business Day immediately prior to the date of such exercise. 3.
Appears in 2 contracts
Samples: Common Stock Purchase Warrant (Diasys Corp), Common Stock Purchase Warrant (Diasys Corp)
No Fractional Shares Required to Be Issued. The Company shall not be required to issue fractions of shares of Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this Section, be issuable upon final exercise of this Warrant, in lieu of such fractional share the Company may, at its option, shall pay to the Holder, in cash, an amount equal to the same fraction of the Fair Market Value of the Company closing price per share of outstanding the Common Stock on the Business Trading Day immediately prior to the date of such exercise.
Appears in 2 contracts
Samples: Warrant Agreement (Orbital Sciences Corp /De/), Warrant Agreement (Rite Aid Corp)
No Fractional Shares Required to Be Issued. The Company shall not be required to issue fractions of shares of Non-Voting Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this Section, be issuable upon final exercise of this Warrant, in lieu of such fractional share the Company may, at its option, shall pay to the Holder, in cash, an amount equal to the same fraction of the Fair Market Value of the Company per share of outstanding Common Stock on the Business Day immediately prior to the date of such exercise.
Appears in 2 contracts
Samples: Credit Agreement (Horizon Medical Products Inc), Warrant Agreement (Vistacare Inc)
No Fractional Shares Required to Be Issued. The Company shall not be required to issue fractions of shares of Non-Voting Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this Section, be issuable upon final exercise of this Warrant, in lieu of such fractional share share, the Company may, at its option, shall pay to the Holder, Holder in cash, cash an amount equal to the same fraction of the Fair Market Value of the Company per share of outstanding Common Stock on the Business Day immediately prior to the date of such exercise.
Appears in 2 contracts
Samples: Warrant Agreement (Aps Healthcare Inc), Warrant Agreement (Aps Healthcare Inc)
No Fractional Shares Required to Be Issued. The Company shall not be required to issue fractions of shares of Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this SectionSection 1.3, be issuable upon final exercise of this Warrant, in lieu of such fractional share share, the Company may, at its option, shall pay to the Holder, Holder in cash, cash an amount equal to the same fraction of the Fair Market Value of the Company per share of outstanding Common Stock outstanding on the Business Day immediately prior to the date of such exercise.
Appears in 1 contract
No Fractional Shares Required to Be Issued. The Company shall not be required to issue any fractions of shares of Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this SectionSection 2.3, be issuable upon final exercise of this Warrant, in lieu of such fractional share the Company may, at its option, shall pay to the Holder, in cash, an amount equal to the same fraction of the Fair Market Value of the Company Price per share of outstanding Common Stock on the Business Day immediately prior to on the date of such exercise.
Appears in 1 contract
Samples: Warrant Agreement (Perini Corp)
No Fractional Shares Required to Be Issued. The Company shall ------------------------------------------ not be required to issue fractions of shares of Class C Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this Section, be issuable upon final exercise of this Warrant, in lieu of such fractional share share, the Company may, at its option, shall pay to the Holder, Holder in cash, cash an amount equal to the same fraction of the Fair Market Value of the Company per share of outstanding Common Stock on the Business Day immediately prior to the date of such exercise.
Appears in 1 contract
No Fractional Shares Required to Be Issued. The Company Holdings shall not be required to issue fractions of shares of Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this Section, be issuable upon final exercise of this Warrant, in lieu of such fractional share the Company may, at its option, Holdings shall pay to the Holder, in cash, an amount equal to the same fraction of the Fair Market Value of the Company Holdings per share of outstanding Common Stock on the Business Day immediately prior to the date of such exercise.
Appears in 1 contract
Samples: Warrantholders Rights Agreement (Lets Talk Cellular & Wireless Inc)
No Fractional Shares Required to Be Issued. The Company Holdings shall not be required to issue fractions of shares of Non-Voting Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this Section, be issuable upon final exercise of this Warrant, in lieu of such fractional share the Company may, at its option, Holdings shall pay to the Holder, in cash, an amount equal to the same fraction of the Fair Market Value of the Company Holdings per share of outstanding Common Stock on the Business Day immediately prior to the date of such exercise.
Appears in 1 contract
No Fractional Shares Required to Be Issued. The Company shall ------------------------------------------ not be required to issue fractions of shares of Non-Voting Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this Section, be issuable upon final exercise of this Warrant, in lieu of such fractional share share, the Company may, at its option, shall pay to the Holder, Holder in cash, cash an amount equal to the same fraction of the Fair Market Value of the Company per share of outstanding Common Stock on the Business Day immediately prior to the date of such exercise.
Appears in 1 contract
No Fractional Shares Required to Be Issued. The Company shall not be required to issue fractions of fractional shares of Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this Section, be issuable upon final such exercise of this Warrant, in lieu of such fractional share the Company may, at its option, shall pay to the Holder, in cash, Holder an amount in cash equal to such fraction multiplied by the same fraction Market Price of the Fair Market Value of the Company per one share of outstanding Common Stock on the Business Day immediately prior to the date of such exercise.
Appears in 1 contract
No Fractional Shares Required to Be Issued. The Company shall not be required to issue fractions of shares of Non-Voting Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this SectionSECTION, be issuable upon final exercise of this Warrant, in lieu of such fractional share the Company may, at its option, shall pay to the Holder, in cash, an amount equal to the same fraction of the Fair Market Value of the Company per share of outstanding Common Stock on the Business Day immediately prior to the date of such exercise.
Appears in 1 contract
No Fractional Shares Required to Be Issued. The Company shall not be required to issue fractions of shares of Common Stock upon exercise of this Warrant. If any fraction of a share would, but for this Section, be issuable upon final exercise of this Warrant, in lieu of such fractional share share, the Company may, at its option, shall pay to the Holder, Holder in cash, cash an amount equal to the same fraction of the Fair Market Value of the Company (as defined in Section 8) per share of outstanding Common Stock on the Business Day immediately prior to the date of such exercise.
Appears in 1 contract
Samples: Warrant Agreement (Us Lec Corp)
