Common use of Calculations Aggregated for Each Holder Clause in Contracts

Calculations Aggregated for Each Holder. The composition of the Exercise Consideration due upon exercise of any Warrant of any Holder will be computed based on the total number of Warrants of such Holder being exercised with the same Exercise Date. Any cash amounts due to such Holder in respect thereof will, after giving effect to the preceding sentence, be rounded to the nearest cent.

Appears in 4 contracts

Samples: Warrant Agreement (Kennedy-Wilson Holdings, Inc.), Warrant Agreement (Kennedy-Wilson Holdings, Inc.), Warrant Agreement (Kennedy-Wilson Holdings, Inc.)

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Calculations Aggregated for Each Holder. The composition of the Exercise Consideration due upon exercise Exercise of any Warrant of any Holder will be computed based on the total number of Warrants of such Holder being exercised Exercised with the same Exercise Date. Any cash amounts due to such Holder in respect thereof will, after giving effect to the preceding sentence, be rounded to the nearest cent.

Appears in 1 contract

Samples: Warrant Agreement (Redwood Trust Inc)

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