Common use of Partial Exercise of Warrants; Fractions Clause in Contracts

Partial Exercise of Warrants; Fractions. (1) The holder of any Warrants may exercise his right to acquire a number of whole Warrant Shares less than the aggregate number which the holder is entitled to acquire. In the event of any exercise of a number of Warrants less than the number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection thereto, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Shares. Any fractional Warrant Shares shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Shares which is not issued.

Appears in 5 contracts

Samples: Warrant Indenture (Contact Gold Corp.), Warrant Indenture (Contact Gold Corp.), Warrant Indenture (Contact Gold Corp.)

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Partial Exercise of Warrants; Fractions. (1) The holder of any Warrants may exercise his its right to acquire a number of whole Warrant Common Shares less than the aggregate number which the holder is entitled to acquireacquire pursuant to the Warrants exercised in connection therewith. In the event of any exercise of a number of Warrants less than the maximum number which that the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1Article 4, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Common Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Common Shares. Any fractional Warrant Common Shares shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Shares Common Share which is not issued.

Appears in 4 contracts

Samples: Warrant Indenture (HEXO Corp.), Warrant Indenture (HEXO Corp.), Warrant Indenture (HEXO Corp.)

Partial Exercise of Warrants; Fractions. (1a) The holder of any Warrants may exercise his right to acquire a number of whole Warrant Subordinate Voting Shares less than the aggregate number which that the holder is entitled to acquire. In the event of any exercise of a number of Warrants less than the number which that the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a one or more new Warrant Certificate(s)Certificates, bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2b) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1, the Corporation shall not no fractional Subordinate Voting Shares will be required, issuable upon the any exercise of any WarrantsWarrant, and the holder of such Warrant will not be entitled to issue fractions any cash payment or compensation in lieu of Warrant Sharesa fractional Subordinate Voting Share. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Subordinate Voting Shares. Any fractional Warrant Subordinate Voting Shares shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Shares which is not issuednumber.

Appears in 4 contracts

Samples: Warrant Indenture (Trulieve Cannabis Corp.), Warrant Indenture (Harvest Health & Recreation Inc.), Warrant Indenture (Harvest Health & Recreation Inc.)

Partial Exercise of Warrants; Fractions. (1a) The holder of any Warrants may exercise his right to acquire a number of whole Warrant Shares Debentures less than the aggregate number which the holder is entitled to acquire. In the event of any exercise of a number of Warrants less than the number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(sCertificated Warrant(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2b) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1herein, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant SharesWarrrant Debentures. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant SharesWarrrant Debentures. Any fractional Warrant Shares Warrrant Debentures shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Shares Debenture which is not issued.

Appears in 3 contracts

Samples: Warrant Indenture (C21 Investments Inc.), Warrant Indenture (C21 Investments Inc.), Warrant Indenture (C21 Investments Inc.)

Partial Exercise of Warrants; Fractions. (1) The holder of any Warrants may exercise his or her right to acquire a number of whole Warrant Shares less than the aggregate number which the holder is entitled to acquire. In the event of any exercise of a number of Warrants that is less than the number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), bearing the same legendlegends, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1Article 4, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Shares. Any subscription for fractional Warrant Shares will be deemed to be a subscription for the closest whole number of Warrant Shares and shall be rounded down to the nearest whole number down, and the holder no cash or other consideration will be paid in lieu of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Shares which is not issuedshares.

Appears in 3 contracts

Samples: Warrant Indenture (Vizsla Silver Corp.), Warrant Indenture (Vizsla Silver Corp.), Warrant Indenture

Partial Exercise of Warrants; Fractions. (1a) The holder of any Warrants may exercise his its right to acquire a number of whole Warrant Common Shares less than the aggregate number which the holder is entitled to acquireacquire pursuant to the Warrants exercised in connection therewith. In the event of any exercise of a number of Warrants less than the maximum number which that the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2b) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1Article 4, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Common Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Common Shares. Any fractional Warrant Common Shares shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Shares Common Share which is not issued.

Appears in 2 contracts

Samples: Warrant Indenture (Organigram Holdings Inc.), Warrant Indenture (Organigram Holdings Inc.)

Partial Exercise of Warrants; Fractions. (1) The holder of any Warrants may exercise his his, her or its right to acquire a number of whole Warrant Shares less than the aggregate number which the holder is entitled to acquire. In the event of any exercise of a number of Warrants less than the number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), ) bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2) Notwithstanding anything herein contained to the contrary, including any adjustment provided for in Section 4.1Article 4, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Shares. Any fractional Warrant Shares shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Shares Share which is not issued.

Appears in 2 contracts

Samples: Warrant Indenture, Warrant Indenture

Partial Exercise of Warrants; Fractions. (1a) The holder of any Warrants may exercise his right to acquire a number of whole Warrant Shares Debentures less than the aggregate number which the holder is entitled to acquire. In the event of any exercise of a number of Warrants less than the number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(sCertificated Warrant(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2b) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1herein, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant SharesWarrrant Debentures. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant SharesWarrrant Debentures. Any fractional Warrant Shares Warrrant Debentures shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Shares Debenture which is not issued.

Appears in 2 contracts

Samples: Warrant Indenture, Warrant Indenture

Partial Exercise of Warrants; Fractions. (1) The holder of any Warrants may exercise his right to acquire a number of whole Warrant Common Shares less than the aggregate number of Warrants which the holder is entitled to acquire. In the event of any exercise of a number of Warrants less than the aggregate number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Common Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Common Shares. Any fractional If the number of Common Shares to which a Warrantholder would otherwise be entitled upon exercise of a Warrant is not a whole number, then the number of Common Shares to be issued shall be rounded down up to the nearest next whole number and the holder of such Warrants Warrant shall not be entitled to any compensation in respect of any fractional Warrant Shares which is not issuedCommon Share.

Appears in 2 contracts

Samples: Warrant Indenture (MANAS PETROLEUM Corp), Warrant Indenture (MANAS PETROLEUM Corp)

Partial Exercise of Warrants; Fractions. (1) The holder of any Warrants may exercise his his, her or its right to acquire a number of whole Warrant Shares less than the aggregate number which the holder is entitled to acquire. In the event of any exercise of a number of Warrants less than the number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection thereto, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Shares. Any fractional Warrant Shares shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Shares which is not issued.

Appears in 1 contract

Samples: Warrant Indenture (Mogo Inc.)

Partial Exercise of Warrants; Fractions. (1) The holder of any Warrants may exercise his its right to acquire a number of whole Warrant Subordinate Voting Shares less than the aggregate number which the holder is entitled to acquire. In the event of any exercise of a number of Warrants less than the number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Subordinate Voting Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Subordinate Voting Shares. Any fractional Warrant Subordinate Voting Shares shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Shares Subordinate Voting Share which is not issued.

Appears in 1 contract

Samples: Warrant Indenture

Partial Exercise of Warrants; Fractions. (1) The holder of any Warrants may exercise his his, her or its right to acquire a number of whole Warrant Shares less than the aggregate number which the holder is entitled to acquire. In the event of any exercise of a number of Warrants less than the number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), ) bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2) . Notwithstanding anything herein contained to the contrary, including any adjustment provided for in Section 4.1Article 4, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Shares. Any fractional Warrant Shares shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Shares Share which is not issued.

Appears in 1 contract

Samples: Warrant Indenture

Partial Exercise of Warrants; Fractions. (1) 3.7.1 The holder of any Warrants may exercise his right to acquire a number of whole Warrant Common Shares less than the aggregate number which the holder is entitled to acquire. In the event of any exercise of a number of Warrants less than the number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretotherewith, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2) 3.7.2 Notwithstanding anything herein contained including any adjustment provided for in Section 4.1, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Common Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Common Shares. Any fractional Warrant Common Shares shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Common Shares which is are not issued.

Appears in 1 contract

Samples: Warrant Indenture

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Partial Exercise of Warrants; Fractions. (1) ‌ 3.7.1 The holder of any Warrants may exercise his right to acquire a number of whole Warrant Common Shares less than the aggregate number which the holder is entitled to acquire. In the event of any exercise of a number of Warrants less than the number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretotherewith, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2) 3.7.2 Notwithstanding anything herein contained including any adjustment provided for in Section 4.1, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Common Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Common Shares. Any fractional Warrant Common Shares shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Common Shares which is are not issued.

Appears in 1 contract

Samples: Warrant Indenture

Partial Exercise of Warrants; Fractions. (1) The holder of any Warrants may exercise his right to acquire Common Shares in part and may thereby acquire a number of whole Warrant Common Shares less than the aggregate number which the such holder is entitled to acquireacquire pursuant to the surrendered Warrant Certificate(s). In the event of any exercise of a number of Warrants less than the number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of the Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, ) in respect of the balance of the Warrants held represented by such holder the surrendered Warrant Certificate(s) and which were not then exercised. (2) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1Article 4, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant SharesUnderlying Securities or to distribute certificates or Warrants which evidence a fractional Underlying Security. Warrants may only be exercised in In the event that a sufficient number to acquire whole numbers fractional share results upon the exercise of Warrant Shares. Any fractional Warrant Shares any Warrants, the issuance shall be rounded down to the nearest whole Common Share. If more than one Warrant shall be presented for exercise in full at the same time by the same Warrantholder, the number and of Underlying Securities that shall be issuable upon the holder exercise thereof shall be computed on the basis of such the aggregate number of Underlying Securities purchasable on exercise of the Warrants shall not be entitled to any compensation in respect of any fractional Warrant Shares which is not issuedso presented.

Appears in 1 contract

Samples: Warrant Indenture (North American Palladium LTD)

Partial Exercise of Warrants; Fractions. (1) The holder of any Warrants may exercise his their right to acquire a any number of whole Warrant Common Shares that is less than the aggregate number which of Common Shares that the holder is entitled to acquire. In the event of any exercise of a number of Warrants less than the number which of Warrants that the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Common Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Common Shares. Any fractional Warrant Common Shares shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Common Shares which is not issued.

Appears in 1 contract

Samples: Warrant Indenture

Partial Exercise of Warrants; Fractions. (1a) The holder of any Warrants may exercise his right to acquire a number of whole Warrant Common Shares less than the aggregate number which the holder is entitled to acquire. In the event of any exercise of a number of Warrants less than the number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2b) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Common Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Common Shares. Any fractional Warrant Notwithstanding anything herein contained, the Corporation shall not be required, upon the exercise of Warrants, to issue fractions of Common Shares. The number of Common Shares shall issued will be rounded down to the nearest whole number and the holder of such Warrants Corporation shall not be entitled pay any amounts to any compensation the holder in respect satisfaction of any fractional Warrant Shares which is not issuedthe right to otherwise have received a fraction of a Common Share.

Appears in 1 contract

Samples: Warrant Indenture

Partial Exercise of Warrants; Fractions. (1) The holder of any Warrants may exercise his right to acquire a number of whole Warrant Shares less than the aggregate number which the holder is entitled to acquire. In the event of any exercise of a number of Warrants less than the number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercised. (2) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Shares. Any fractional Warrant Shares shall be rounded up to the next greater whole number if the fractional entitlement is equal to or greater than 0.5 and shall, without any additional compensation, be rounded down to the nearest next lesser whole number and if the holder of fractional entitlement is less than 0.5 and, in calculating such Warrants shall not be entitled to any compensation in respect of any fractional interests, all Warrant Shares which is not issued.held by such Warrantholder shall be aggregated;

Appears in 1 contract

Samples: Warrant Indenture (Bunker Hill Mining Corp.)

Partial Exercise of Warrants; Fractions. (1) The holder of any Warrants may exercise his its right to acquire a number of whole Warrant Common Shares less than the aggregate number which the holder is entitled to acquireacquire pursuant to the Warrants exercised in connection therewith. In the event of any exercise of a number of Warrants less than the maximum number which that the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoacquire, the holder of Warrants upon such exercise shall, in addition, be entitled to receive, without charge therefor, a new Warrant Certificate(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by such holder and which were not then exercisedacquired in connection with the applicable exercise thereof. (2) Notwithstanding anything herein contained including any adjustment provided for in Section 4.1Article 4, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Common Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Common Shares. Any fractional Warrant Common Shares shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any compensation in respect of any fractional Warrant Shares Common Share which is not issued.

Appears in 1 contract

Samples: Warrant Indenture (Augusta Gold Corp.)

Partial Exercise of Warrants; Fractions. (1a) The holder of any Warrants may exercise his right to acquire a number of whole Warrant Common Shares less than the aggregate number which the holder is entitled to acquireacquire pursuant to the surrendered Warrants. In the event of any exercise of a number of Warrants less than the number which the holder is entitled to exercise pursuant to the Warrant Certificate surrendered in connection theretoexercise, the holder of the Warrants upon such exercise thereof shall, in addition, be entitled to receive, receive without charge therefor, a new Warrant Certificate(s), bearing the same legend, if applicable, or other appropriate evidence of Warrants, in respect of the balance of the Warrants held by which such holder was entitled to exercise pursuant to the surrendered Warrants and which were not then exercised. (2b) Notwithstanding anything herein contained contained, including any adjustment provided for in Section 4.1Article 4, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Warrant Common Shares or to distribute certificates which evidence fractional Common Shares. Warrants may only be exercised in a sufficient number to acquire whole numbers of Warrant Common Shares. Any fractional Warrant Common Shares shall be rounded down to the nearest whole number and the holder of such Warrants shall not be entitled to any new Warrant Certificate or other compensation in respect of any fractional Warrant Common Shares which is are not issued.

Appears in 1 contract

Samples: Warrant Indenture (Cenovus Energy Inc.)

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