No Fractions. In converting the principal indebtedness of the Loan into Units, the Borrower shall round fractions down to the nearest whole Unit, so that the Lender will not be entitled to receive a fraction of a Unit.
Appears in 4 contracts
Samples: Convertible Loan Agreement (Idaho Consolidated Metals Corp), Convertible Loan Agreement (Idaho Consolidated Metals Corp), Convertible Loan Agreement (Idaho Consolidated Metals Corp)
