Partial Exercise of Warrants. (1) The Holder of any Warrants may exercise his right to acquire Common Shares in part and may thereby acquire a number of Common Shares less than the aggregate number which he is entitled to acquire pursuant to the Warrant Certificate(s) surrendered in connection therewith. In the event of any acquisition of a number of Common Shares less than the number which the Holder is entitled to acquire, he shall, upon exercise thereof, be entitled to receive, without charge therefor, a new Warrant Certificate(s) representing the balance of the Common Shares which he was entitled to acquire pursuant to the surrendered Warrant Certificate(s) and which were not then acquired. (2) Notwithstanding anything herein contained including any adjustment provided for in Article 4, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Common Shares or to distribute certificates which evidence the same. Any fractional Common Shares to which a Holder is entitled shall be aggregated to form whole Common Shares with any remaining fractional Common Shares rounded down to a whole Common Share.
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Samples: Warrant Indenture, Warrant Indenture (Dragonwave Inc), Warrant Indenture (Dragonwave Inc)
Partial Exercise of Warrants. (1) The 3.4.1 Any Holder of any Warrants may exercise his its right to acquire Common Warrant Shares in part and may thereby acquire a number of Common Warrant Shares less than the aggregate number to which he such Holder is entitled to acquire pursuant to the Warrant Certificate(s) surrendered Warrants exercised in connection therewith. In the event of any acquisition of a number of Common Warrant Shares less than the maximum number which that the Holder is entitled to acquire, he the Holder shall, upon exercise thereof, be entitled to receive, without charge therefor, a new Warrant Certificate(s) Certificate representing the balance of the Common Warrant Shares which he that the Holder was entitled to acquire pursuant to the surrendered Warrant Certificate(s) his, her or its Warrants and which were not then acquiredacquired in connection with the applicable exercise thereof.
(2) 3.4.2 Notwithstanding anything herein contained in this Indenture (including any adjustment provided for in Article 4), the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Common Shares or to distribute certificates which that evidence the same. Any fractional Common Shares to which a Holder is entitled shall be aggregated to form whole Common Shares with any remaining fractional Common Shares rounded down to a whole Common Share.
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Samples: Warrant Indenture (Dragonwave Inc)
Partial Exercise of Warrants. (1a) The Holder of any Warrants may exercise his / her / its right to acquire Common Shares in part and may thereby acquire a number of Common Shares less than the aggregate number which he is entitled to acquire pursuant to the Warrant Certificate(sWarrant(s) surrendered in connection therewith. In the event of any acquisition of a number of Common Shares less than the number which the Holder is entitled to acquire, he shall, upon exercise thereofof any Certificated Warrants, be entitled to receive, without charge therefor, a new Warrant Certificate(s) representing the balance of the Common Shares which he was entitled to acquire pursuant to the surrendered Warrant Certificate(s) and which were not then acquired.
(2b) Notwithstanding anything herein contained including any adjustment provided for in Article 4, the Corporation shall not be required, upon the exercise of any Warrants, to issue fractions of Common Shares or to distribute certificates which evidence the same. Any fractional Common Shares to which a Holder is entitled shall be aggregated to form whole Common Shares with any remaining fractional Common Shares rounded down to a whole Common Share.
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Samples: Warrant Indenture