Common use of No Fractional Warrants Clause in Contracts

No Fractional Warrants. The Company shall not issue fractional Warrants or distribute Warrant Certificates which evidence fractional Warrants. If any fractional Warrant would otherwise be required to be issued or distributed pursuant to the Warrant Distribution, the Company or Warrant Agent, as applicable, shall round down the total number of Warrants to be issued to the relevant Holder to the nearest whole number and no cash or other adjustment will be made in lieu of the fraction of a Warrant so rounded down.

No Fractional Warrants. The Company shall not issue fractional Warrants or distribute Warrant Certificates which evidence fractional Warrants. If any fractional Warrant would otherwise be required to be issued or distributed pursuant to the Warrant Distribution, the Company or Warrant Agent, as applicable, shall round down first aggregate the total number of Warrants to be issued to the relevant Holder and then round down the total number to the nearest whole number Whole Number and no cash or other adjustment will be made in lieu of the fraction of a Warrant so rounded down.

No Fractional Warrants. The Company shall not issue fractional Warrants or distribute Warrant Certificates which evidence fractional Warrants. If any fractional Warrant would otherwise be required to be issued or distributed pursuant to the Warrant DistributionDividend or otherwise, the Company or relevant Holder will receive from the Warrant Agent, as applicableon behalf of the Company, shall round down the total a number of Warrants to that shall be issued to rounded up (if the relevant Holder number is .5 or above) or down (if the number is less than .5) to the nearest whole number and no cash or other adjustment will be made in lieu of the fraction of a Warrant so rounded downnumber.