Common use of No Requirement to Issue Fractional Common Shares Clause in Contracts

No Requirement to Issue Fractional Common Shares. The Corporation shall not be required to issue fractional Common Shares upon the conversion of Debentures pursuant to this Article. If more than one Debenture shall be surrendered for conversion at one time by the same Holder, the number of whole Common Shares issuable upon conversion thereof shall be computed on the basis of the aggregate principal amount of such Debentures to be converted. If any fractional interest in a Common Share would, except for the provisions of this Section, be deliverable upon the conversion of any principal amount of Debentures, any fraction of a Common Share that would otherwise be issued will be rounded down to the nearest whole number. For clarity, the Corporation will not be required to make any cash payment to any Debentureholder in respect of the conversion of Debentures in respect of any fractional Common Shares unless such amount is greater than $20.

No Requirement to Issue Fractional Common Shares. The Corporation shall not be required to issue fractional Common Shares upon the conversion of Debentures pursuant to this Article. If more than one Debenture shall be surrendered for conversion at one time by the same Holderholder, the number of whole Common Shares issuable upon conversion thereof shall be computed on the basis of the aggregate principal amount of such Debentures to be converted. If any fractional interest in a Common Share would, except for the provisions of this Section, be deliverable upon the conversion of any principal amount of Debentures, any fraction of a Common Share that would otherwise be issued will be rounded down to the nearest whole number. For clarity, number and the Corporation will not be required to shall, in lieu of delivering any certificate representing such fractional interest, make any a cash payment to any Debentureholder in respect the holder of such Debenture of an amount equal to the conversion of Debentures in respect of any fractional Common Shares unless such amount is greater than $20interest which would have been issuable multiplied by the Current Market Price.

No Requirement to Issue Fractional Common Shares. The Corporation shall not be required to issue fractional Common Shares upon the conversion of Debentures pursuant to this Article. If more than one Debenture shall be surrendered for conversion at one time by the same Holderholder, the number of whole Common Shares issuable upon conversion thereof shall be computed on the basis of the aggregate principal amount of such Debentures to be converted. If any fractional interest in a Common Share would, except for the provisions of this Section, be deliverable upon the conversion of any principal amount of Debentures, any fraction the number of a Common Share that would otherwise be issued will Shares so issuable shall be rounded down to the nearest whole number. For clarity, the Corporation will not be required to make any cash payment to any Debentureholder in respect of the conversion of Debentures in respect of any fractional Common Shares unless such amount is greater than $20.

No Requirement to Issue Fractional Common Shares. The Corporation shall not be required to issue fractional Common Shares upon the conversion of Debentures pursuant to this Article. If more than one Debenture shall be surrendered for conversion at one time by the same Holderholder, the number of whole Common Shares issuable upon conversion thereof shall be computed on the basis of the aggregate principal amount of such Debentures to be converted. If any fractional interest in a Common Share would, except for the provisions of this Section, be deliverable upon the conversion of any principal amount of Debentures, any fraction of a Common Share that would otherwise be issued will be rounded down to the nearest whole number. For clarity, number and the Corporation will shall, in lieu of delivering any certificate representing such fractional interest, make a cash payment to the holder of such Debenture of an amount equal to the fractional interest which would have been issuable multiplied by the Current Market Price (provided, however, that the Corporation shall not be required to make any cash payment to any Debentureholder in respect of the conversion of Debentures in respect of any fractional Common Shares unless such amount is greater less than $2010.00).

No Requirement to Issue Fractional Common Shares. The Corporation shall not be required to issue fractional Common Shares upon the conversion of Debentures pursuant to this Article. If more than one Debenture shall be surrendered for conversion at one time by the same Holderholder, the number of whole Common Shares issuable upon conversion thereof shall be computed on the basis of the aggregate principal amount of such Debentures to be convertedconverted plus all accrued and unpaid interest thereon. If any fractional interest in a Common Share would, except for the provisions of this Section, be deliverable upon the conversion of any principal amount and interest in respect of such Debentures, any fraction the number of a Common Share that would otherwise Shares to be issued will received by such holder shall be rounded down to the nearest whole number. For clarity, the Corporation will not be required to make any cash payment to any Debentureholder in respect of the conversion of Debentures in respect of any fractional Common Shares unless such amount is greater than $20Share.

No Requirement to Issue Fractional Common Shares. The Corporation shall not be required to issue fractional Common Shares upon the conversion of Debentures pursuant to this ArticleArticle or to make any payment in lieu thereof. If more than one Debenture shall be surrendered for conversion at one time by the same Holderholder, the number of whole Common Shares issuable upon conversion thereof shall be computed on the basis of the aggregate principal amount of such Debentures to be converted. If any fractional interest in a Common Share would, except for the provisions of this Section, be deliverable upon the conversion of any principal amount of Debentures, any fraction the number of a Common Share that would otherwise be issued will Shares so issuable shall be rounded down to the nearest whole number. For clarity, the Corporation will not be required to make any cash payment to any Debentureholder in respect of the conversion of Debentures in respect of any fractional Common Shares unless such amount is greater than $20.

No Requirement to Issue Fractional Common Shares. The Corporation shall not be required to issue fractional Common Shares upon the conversion or repayment, as applicable, of Debentures pursuant to this Article. If more than one Debenture shall be surrendered for conversion or repayment, as applicable, at one time by the same Holderholder, the number of whole Common Shares issuable upon conversion or repayment, as applicable, thereof shall be computed on the basis of the aggregate principal amount of such Debentures to be convertedconverted or repaid, as applicable, plus all accrued and unpaid interest thereon. If any fractional interest in a Common Share would, except for the provisions of this Section, be deliverable upon the conversion or repayment, as applicable, of any principal amount and interest in respect of such Debentures, any fraction the number of a Common Share that would otherwise Shares to be issued will received by such holder shall be rounded down to the nearest whole number. For clarity, the Corporation will not be required to make any cash payment to any Debentureholder in respect of the conversion of Debentures in respect of any fractional Common Shares unless such amount is greater than $20Share.

No Requirement to Issue Fractional Common Shares. The Corporation shall not be required to issue fractional Common Shares upon the conversion of Debentures pursuant to this Article. If more than one Debenture shall be surrendered for conversion at one time by the same Holderholder, the number of whole Common Shares issuable upon conversion thereof shall be computed on the basis of the aggregate principal amount of such Debentures to be converted. If any fractional interest in a Common Share would, except for the provisions of this Section, be deliverable upon the conversion of any principal amount of Debentures, any fraction of a Common Share that would otherwise be issued will be rounded down to the nearest whole number. For clarity, the Corporation will not be required to make any cash payment to any Debentureholder in respect of the conversion of Debentures in respect of any fractional Common Shares unless such amount is greater than $20.

No Requirement to Issue Fractional Common Shares. ‌ The Corporation shall not be required to issue fractional Common Shares upon the conversion of Debentures pursuant to this ArticleArticle 6. If more than one Debenture shall be surrendered for conversion at one time by the same Holderholder, the number of whole Common Shares issuable upon conversion thereof shall be computed on the basis of the aggregate principal amount of such Debentures to be converted. If any fractional interest in a Common Share would, except for the provisions of this Section, be deliverable upon the conversion of any principal amount of Debentures, any fraction the number of a Common Share that would otherwise be issued will Shares so issuable shall be rounded down to the nearest whole number. For clarity, number without any compensation to the Corporation will not be required to make any cash payment to any Debentureholder in respect of the conversion of Debentures in respect of any fractional Common Shares unless such amount is greater than $20Debentureholder.

No Requirement to Issue Fractional Common Shares. The Corporation shall not be required to issue fractional Common Shares upon the conversion of Debentures pursuant to this Article. If more than one Debenture shall be surrendered for conversion at one ​ ​ time by the same Holderholder, the number of whole Common Shares issuable upon conversion thereof shall be computed on the basis of the aggregate principal amount of such Debentures to be converted. If any fractional interest in a Common Share would, except for the provisions of this Section, be deliverable upon the conversion of any principal amount of Debentures, any fraction the number of a Common Share that would otherwise be issued will Shares so issuable shall be rounded down to the nearest whole number. For clarity, No compensation will be paid for the Corporation will not be required to make any cash payment to any Debentureholder in respect remainder balance as a result of the conversion of Debentures in respect of any fractional Common Shares unless such amount is greater than $20rounding.

No Requirement to Issue Fractional Common Shares. The Corporation shall not be required to issue fractional Common Shares upon the conversion of Debentures pursuant to this Article. If more than one Debenture shall be surrendered for conversion at one time by the same Holderholder, the number of whole Common Shares issuable upon conversion thereof shall be computed on the basis of the aggregate principal amount of such Debentures to be converted. If any fractional interest in a Common Share would, except for the provisions of this Section, be deliverable upon the conversion of any principal amount of Debentures, any fraction the number of a Common Share that would otherwise be issued will Shares so issuable shall be rounded down to the nearest whole number. For clarity, number and the Corporation will not be required to make any satisfy fractional interests by a cash payment equal to any Debentureholder in respect of the conversion of Debentures in respect Current Market Price on the relevant date of any fractional Common Shares unless such amount is greater than $20interest.

No Requirement to Issue Fractional Common Shares. ‌ The Corporation shall not be required to issue fractional Common Shares upon the conversion of Debentures pursuant to this Article. If more than one Debenture shall be surrendered for conversion at one time by the same Holderholder, the number of whole Common Shares issuable upon conversion thereof shall be computed on the basis of the aggregate principal amount of such Debentures to be converted. If any fractional interest in a Common Share would, except for the provisions of this Section, be deliverable upon the conversion of any principal amount of Debentures, any fraction the number of a Common Share that would otherwise be issued will Shares so issuable shall be rounded down to the nearest whole number. For clarity, the Corporation will not be required to make any cash payment to any Debentureholder in respect of the conversion of Debentures in respect of any fractional Common Shares unless such amount is greater than $20.

No Requirement to Issue Fractional Common Shares. The Corporation shall not be required to issue fractional Common Shares or Warrants upon the conversion of Debentures pursuant to this ArticleArticle or to make any payment in lieu thereof. If more than one Debenture shall be surrendered for conversion at one time by the same Holderholder, the number of whole Common Shares and Warrants issuable upon conversion thereof shall be computed on the basis of the aggregate principal amount of such Debentures to be converted. If any fractional interest in a Common Share or Warrant would, except for the provisions of this Section, be deliverable upon the conversion of any principal amount of Debentures, any fraction the number of a Common Share that would otherwise be issued will Shares and Warrants so issuable shall be rounded down to the nearest whole number. For clarity, the Corporation will not be required to make any cash payment to any Debentureholder in respect of the conversion of Debentures in respect of any fractional Common Shares unless such amount is greater than $20.

No Requirement to Issue Fractional Common Shares. ‌ The Corporation shall not be required to issue fractional Common Shares upon the conversion of Debentures pursuant to this Article. If more than one Debenture shall be surrendered for conversion at one time by the same Holder, the number of whole Common Shares issuable upon conversion thereof shall be computed on the basis of the aggregate principal amount of such Debentures to be converted. If any fractional interest in a Common Share would, except for the provisions of this Section, be deliverable upon the conversion of any principal amount of Debentures, any fraction of a Common Share that would otherwise be issued will be rounded down to the nearest whole number. For clarity, the Corporation will not be required to make any cash payment to any Debentureholder in respect of the conversion of Debentures in respect of any fractional Common Shares unless such amount is greater than $20.