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

No Requirement to Issue Fractional Shares. The Company shall not be required to issue fractional Common Shares upon the conversion rights pursuant to this Article 5. If any fractional interest in a Common Share would, except for the provisions of this Section 5.5, be deliverable upon the conversion of any principal amount of Debentures, the Company shall, in lieu of delivering any certificate of such fractional interest, satisfy such fractional interest by paying to the Holder of such surrendered Debentures an amount of lawful money of Canada equal (computed to the nearest whole cent, and one-half of a cent being rounded up) to the appropriate fraction of the deemed value of a Common Share.

No Requirement to Issue Fractional Shares. The Company shall not be required to issue fractional Common Shares upon the conversion rights pursuant to this Article 5. If any fractional interest in a Common Share would, except for the provisions of this Section 5.5, be deliverable upon the conversion of any principal amount of Debentures, the Company shall, in lieu of delivering any certificate of such fractional interest, satisfy such fractional interest by paying to the Holder of such surrendered Debentures an amount of lawful money of Canada United States equal (computed to the nearest whole cent, and one-half of a cent being rounded up) to the appropriate fraction of the deemed value of a Common Share.

No Requirement to Issue Fractional Shares. The Company Corporation shall not be required to issue fractional Common Shares upon the conversion rights pursuant to this Article 5of the Debenture into Common Shares. If any fractional interest in a Common Share would, except for the provisions of this Section 5.5Article 6, be deliverable upon the conversion of any principal amount of Debenturesthe Debenture, the Company Corporation shall, in lieu of delivering any certificate of such fractional interest, satisfy such the fractional interest by paying to the Holder of such surrendered Debentures an amount of lawful money of Canada equal (computed to the nearest whole cent, and one-half of a cent being rounded up) to the appropriate fraction principal amount of the deemed value Debenture remaining outstanding after so much of the principal amount as may be converted into a whole number of Common ShareShares has been so converted.

No Requirement to Issue Fractional Shares. The Company Corporation shall not be required to issue fractional Common Shares upon the conversion rights pursuant to this Article 5Conversion. If any fractional interest in a Common Share would, except for the provisions of this Section 5.5Article 5, be deliverable upon the conversion of any principal amount of DebenturesConversion, the Company Corporation shall, in lieu of delivering any certificate of such fractional interest, satisfy such the fractional interest by paying to the Holder of such surrendered Debentures an amount of lawful money of Canada equal (computed to the nearest whole cent, and one-half of a cent being rounded up) to the appropriate fraction Principal remaining outstanding after so much of the deemed value Principal, including any accrued and unpaid or uncapitalized interest thereon, as may be converted into a whole number of a Common ShareShares has been so converted.