Common use of Rounding of Shares Clause in Contracts

Rounding of Shares. The number of shares of Series B Preferred Stock issued to each Purchaser pursuant to the terms of this Agreement shall be rounded in accordance with the terms of the Certificate of Designations to avoid fractional shares.

Appears in 5 contracts

Samples: Convertible Preferred Stock Purchase Agreement, Series B Convertible Preferred Stock Purchase Agreement (York Capital Management Global Advisors, LLC), Series B Convertible Preferred Stock Purchase Agreement (NextDecade Corp.)

AutoNDA by SimpleDocs

Rounding of Shares. The number of shares of Series B C Preferred Stock issued to each the Purchaser pursuant to the terms of this Agreement shall be rounded in accordance with the terms of the Certificate of Designations to avoid fractional shares.

Appears in 3 contracts

Samples: Series C Convertible Preferred Stock Purchase Agreement (NextDecade Corp.), Series C Convertible Preferred Stock Purchase Agreement (NextDecade Corp.), Series C Convertible Preferred Stock Purchase Agreement (NextDecade Corp.)

Rounding of Shares. The number of shares of Series B C Preferred Stock issued to each Purchaser pursuant to the terms of this Agreement shall be rounded in accordance with the terms of the Certificate of Designations to avoid fractional shares.

Appears in 2 contracts

Samples: Series C Convertible Preferred Stock Purchase Agreement (Bardin Hill Investment Partners LP), Series C Convertible Preferred Stock Purchase Agreement (York Capital Management Global Advisors, LLC)

Rounding of Shares. The number of shares of Series B A Preferred Preferred Stock issued to each the Purchaser pursuant to the terms of this Agreement shall be rounded in accordance with the terms of the Certificate of Designations to avoid fractional shares.

Appears in 2 contracts

Samples: Convertible Preferred Stock Purchase Agreement, Series a Convertible Preferred Stock Purchase Agreement (NextDecade Corp.)

AutoNDA by SimpleDocs

Rounding of Shares. The number of shares of Series B Preferred Stock issued to each the Purchaser pursuant to the terms of this Agreement shall be rounded in accordance with the terms of the Certificate of Designations to avoid fractional shares.

Appears in 2 contracts

Samples: Series B Convertible Preferred Stock Purchase Agreement (NextDecade Corp.), Series B Convertible Preferred Stock Purchase Agreement (NextDecade Corp.)

Rounding of Shares. The number of shares of Series B Preferred Stock Shares issued to each Purchaser pursuant to the terms of this Agreement shall be rounded up in accordance with the terms of the Certificate of Designations to avoid fractional shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Conversion Labs, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.