No Fractional Shares 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 any exercise of this Warrant, in lieu of such fractional share the Company shall issue to the Holder a whole share of Common Stock.
Appears in 10 contracts
Samples: Warrant Agreement (Kaizen Management, L.P.), Warrant Agreement (Tri-S Security Corp), Warrant Agreement (Tri-S Security Corp)
No Fractional Shares 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 any exercise of this Warrant, and if the Company shall have elected not to issue such fraction of a share, in lieu of such fractional share the Company shall issue pay to the Holder a whole Holder, in cash, an amount equal to such fraction of the Fair Market Value per share of outstanding Common StockStock of the Company on the Business Day immediately prior to the date of such exercise.
Appears in 9 contracts
Samples: Warrant Agreement (Freedom Financial Group Inc), Warrant Agreement (Freedom Financial Group Inc), Warrant Agreement (Freedom Financial Group Inc)
No Fractional Shares to Be Issued. The Company shall not be required to issue fractions of shares of Common Stock upon exercise of this the Investment Incentive Warrant. If any fraction of a share would, but for this Section, be issuable upon any exercise of this the Investment Incentive Warrant, in lieu if the fraction shall be less than one-half, the number of such fractional share the Company shares issuable shall issue be rounded downward to the Holder a nearest whole share number; otherwise the number of Common Stockshares issuable shall be rounded upward to the nearest whole number.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Canisco Resources Inc), Securities Purchase Agreement (SCC Investment I Lp), Securities Purchase Agreement (Mansfield Teddy L)
No Fractional Shares to Be Issued. The Company shall not be required to issue fractions of shares of Common Stock upon exercise of this WarrantOption. If any fraction of a share would, but for this SectionParagraph, be issuable upon any exercise of this WarrantOption, in lieu of such fractional share the Company shall issue pay to the Holder a whole Holder, in cash, an amount equal to such fraction of the Fair Market Value per share of Common StockStock of the Company on the Business Day immediately prior to the date of such exercise.
Appears in 3 contracts
Samples: Termination and Release Agreement (Viasystems Group Inc), Stock Option Grant Agreement (Hicks Muse Tate & Furst Equity Fund Ii L P), Stock Option Grant Agreement (Hicks Muse Tate & Furst Equity Fund Ii L P)
No Fractional Shares 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 any exercise of this Warrant, and if the Company shall have elected not to issue such fraction of a share, in lieu of such fractional share the Company shall issue pay to the Holder a whole share Holder, in cash, an amount equal to such fraction of Common Stock.the Fair
Appears in 2 contracts
Samples: Warrant Agreement (Florsheim Group Inc), Warrant Agreement (Florsheim Group Inc)
No Fractional Shares to Be Issued. The Company Corporation 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 The Holder may only elect to exercise this Section, be issuable upon any exercise of this Warrant, in lieu of such fractional share the Company shall issue Warrant with respect to the Holder a whole share number of shares of Common Stock.
Appears in 2 contracts
Samples: Warrant Agreement (Alfi, Inc.), Warrant Agreement (Alfi, Inc.)
No Fractional Shares 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 any exercise of this Warrant, in lieu of such fractional share the Company shall issue to the Holder a whole share of Common Stock.
Appears in 2 contracts
Samples: Warrant Agreement (Pennsylvania Physician Healthcare Plan Inc), Warrant Agreement (Pennsylvania Physician Healthcare Plan Inc)
No Fractional Shares 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 any exercise of this Warrant, in lieu of such fractional share the Company shall issue pay to the Holder a whole Holder, in cash, an amount equal to the same fraction of the Average Closing Price per share of outstanding shares of Common StockStock on the Business Day immediately prior to the date of such exercise.
Appears in 2 contracts
Samples: Merger Agreement (Verso Technologies Inc), Securities Purchase Agreement (Futurelink Corp)
No Fractional Shares 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 of Common Stock would, but for this Section, be issuable upon any exercise of this Warrant, in lieu of such fractional share of Common Stock the Company shall issue pay to the Holder a whole Holder, in cash an amount equal to the same fraction of the Fair Market Value of the Company per share of outstanding Common StockStock on the Business Day immediately prior to the date of such exercise.
Appears in 1 contract
No Fractional Shares to Be Issued. The Company shall will 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 any exercise of this Warrant, in lieu of such fractional share Company will pay to Holder, in cash, an amount equal to such fraction multiplied by the Company shall issue to the Holder a whole share of Common StockExercise Price.
Appears in 1 contract
No Fractional Shares 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 any exercise of this Warrant, in lieu of such fractional share the Company shall issue pay to the Holder a whole Holder, in cash, an amount equal to the same fraction of the Current Market Price per share of outstanding Common StockStock on the Business Day immediately prior to the date of such exercise.
Appears in 1 contract
No Fractional Shares 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 any exercise of this Warrant, in lieu of such fractional share the Company shall issue pay to the Holder a whole Holder, in cash, an amount equal to such fraction of the Fair Market Value per share of outstanding Common StockStock of the Company on the Business Day immediately prior to the date of such exercise.
Appears in 1 contract
No Fractional Shares 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 any exercise of this Warrant, in lieu if the fraction shall be less than one-half, the number of such fractional share the Company shares issuable shall issue be rounded downward to the Holder a nearest whole share number; otherwise the number of Common Stockshares issuable shall be rounded upward to the nearest whole number.
Appears in 1 contract
No Fractional Shares to Be Issued. The Company shall not be required to issue fractions of shares of Common Stock Warrant Shares upon exercise of this Warrant. If any fraction fractions of a share would, but for this Section, be issuable upon any exercise of this Warrant, in lieu of such fractional share the Company shall issue pay to the Holder a whole Holder, in cash, an amount equal to the same fraction of the fair market value of one share of Common Stock.
Appears in 1 contract
Samples: Warrant Agreement (Enumeral Biomedical Holdings, Inc.)
No Fractional Shares 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 any exercise of this Warrant, and if the Company shall have elected not to issue such fraction of a share, in lieu of such fractional share the Company shall issue to the Holder a whole share of Common Stock.share
Appears in 1 contract
No Fractional Shares 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 any exercise of this Warrant, in lieu of such fractional share the Company shall issue pay to the Holder a whole or Holders, as the case may be, in cash, an amount equal to the same fraction of the current market price per share of outstanding Common StockStock on the Business Day immediately prior to the date of such exercise.
Appears in 1 contract
No Fractional Shares 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 any exercise of this Warrant, in lieu of such fractional share the Company shall issue pay to the Holder a whole Holder, in cash, an amount equal to the same fraction of the Fair Market Value per share of Common StockStock outstanding on the Business Day immediately prior to the date of such exercise.
Appears in 1 contract
No Fractional Shares to Be Issued. The Company shall not be required to issue fractions of shares of Common Stock Shares upon exercise of this Warrant. If any fraction of a share Share would, but for this Section, be issuable upon any exercise of this Warrant, in lieu of such fractional share Share the Company number of shares issuable shall issue be rounded to the Holder a nearest whole share of Common Stockshare.
Appears in 1 contract
Samples: Debt Exchange Agreement (Performance Health Technologies Inc)
