Common use of Xx Fractional Shares or Scrip Clause in Contracts

Xx Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up to the next whole share.

Appears in 41 contracts

Samples: Common Stock Purchase Warrant (NRX Pharmaceuticals, Inc.), Common Stock Purchase Warrant (Healthy Extracts Inc.), Common Stock Purchase (Athersys, Inc / New)

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Xx Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise conversion of this WarrantNote. As to any fraction of a share which the Holder would otherwise be entitled to purchase receive upon such exerciseconversion, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Conversion Price or round up to the next whole share.. ​

Appears in 12 contracts

Samples: Note and Security Agreement (Kiromic Biopharma, Inc.), Note and Security Agreement (Kiromic Biopharma, Inc.), Note and Security Agreement (Kiromic Biopharma, Inc.)

Xx Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise conversion of this WarrantNote. As to any fraction of a share which the Holder would otherwise be entitled to purchase receive upon such exerciseconversion, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Conversion Price or round up to the next whole share.

Appears in 6 contracts

Samples: Note and Security Agreement (Kiromic Biopharma, Inc.), Note and Security Agreement (Kiromic Biopharma, Inc.), Note and Security Agreement (Kiromic Biopharma, Inc.)

Xx Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up to the next whole share.. ​

Appears in 4 contracts

Samples: Loan and Security Agreement (Elevation Oncology, Inc.), Monogram Orthopaedics Inc, OceanPal Inc.

Xx Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this WarrantPreferred Investment Option. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up to the next whole share.

Appears in 2 contracts

Samples: NRX Pharmaceuticals, Inc., NRX Pharmaceuticals, Inc.

Xx Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up to the next whole shareshare of Common Stock.

Appears in 2 contracts

Samples: Athersys, Inc / New, Athersys, Inc / New

Xx Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an ​ ​ ​ amount equal to such fraction multiplied by the Exercise Price or round up to the next whole share.

Appears in 1 contract

Samples: Timber Pharmaceuticals, Inc.

Xx Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. As to any fraction of a share which the Holder would otherwise be ‌ ​ ​ entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up to the next whole share.

Appears in 1 contract

Samples: XCel Brands, Inc.

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Xx Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or shall round up down to the next nearest whole share.

Appears in 1 contract

Samples: OceanPal Inc.

Xx Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. As ​ ​ to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up to the next whole share.

Appears in 1 contract

Samples: S Warrant Agreement (Biostage, Inc.)

Xx Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, shall at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up to the next whole share.

Appears in 1 contract

Samples: Series D Common Stock Purchase (Omnireliant Holdings, Inc.)

Xx Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up to the next whole share.

Appears in 1 contract

Samples: Alpine 4 Holdings, Inc.

Xx Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final xxxxx fraction in an amount equal to such fraction multiplied by the Exercise Price or round up to the next whole share.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (NeoVolta Inc.)

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