Common use of and Section 6 Clause in Contracts

and Section 6. 4. If, by reason of any exercise of Warrants on a “cashless basis,” the holder of any Warrant would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share of Common Stock, the Company shall round down to the nearest whole number, the number of shares of Common Stock to be issued to such holder.

Appears in 4 contracts

Samples: Warrant Agreement (Jet.AI Inc.), Warrant Agreement (Oxbridge Acquisition Corp.), Warrant Agreement (Oxbridge Acquisition Corp.)

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and Section 6. 4. If, by reason of any exercise of Warrants on a “cashless basis,” ”, the holder Holder of any Warrant would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share of Common Stock, the Company shall round down to the nearest whole number, the number of shares of Common Stock to be issued to such holderHolder.

Appears in 1 contract

Samples: ] Agreement (Airspan Networks Holdings Inc.)

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