Common use of Elimination of Fractional Interests Clause in Contracts

Elimination of Fractional Interests. The Company shall not be ----------------------------------- required to issue fractional shares of Common Stock upon the exercise of Warrants. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price of a share of Common Stock, determined in accordance with Section 4.3 hereof.

Elimination of Fractional Interests. The Company shall not be ----------------------------------- -------------------------------------- required to issue fractional shares of Common Stock or the Series C Warrant upon the exercise of Warrantsthe Series C Warrant. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants Series C Warrant shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Warrants Series C Warrant so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Series C Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price market value of a share of Common Stock, determined in accordance with Section 4.3 hereof.as follows:

Elimination of Fractional Interests. The Company shall not be ----------------------------------- required to issue fractional shares of Common Stock upon the exercise of Warrantsa Series V Warrant. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants Series V Warrant shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Series V Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Series V Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price of a share of Common Stock, determined as set forth in accordance with Section 4.3 hereof3.2 above.

Elimination of Fractional Interests. The Company shall not be ----------------------------------- -------------------------------------- required to issue fractional shares of Common Stock or the Series__ Warrant upon the exercise of Warrantsthe Series__ Warrant. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants Series__ Warrant shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Warrants Series__ Warrant so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Series__ Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price market value of a share of Common Stock, determined in accordance with Section 4.3 hereof.as follows:

Elimination of Fractional Interests. The Company shall not be ----------------------------------- required to issue fractional shares of Common Stock upon the exercise of Warrants. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price of a share of Common Stock, determined in accordance with Section 4.3 3.2 hereof.

Elimination of Fractional Interests. The Company shall not be ----------------------------------- required to issue fractional shares of Common Stock upon the exercise of Warrants. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price of a share of Common Stock, determined in accordance with Section 4.3 hereof.

Elimination of Fractional Interests. The Company shall not be ----------------------------------- --------------------------------------- required to issue fractional shares of Common Stock or the Series B Warrant upon the exercise of Warrantsthe Series B Warrant. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants Series B Warrant shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Warrants Series B Warrant so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Series B Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price market value of a share of Common Stock, determined in accordance with Section 4.3 hereof.as follows:

Elimination of Fractional Interests. The Company shall not be ----------------------------------- required to issue fractional shares of Common Stock upon the exercise of Warrantsa Series U Warrant. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants Series U Warrant shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Series U Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Series U Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price of a share of Common Stock, determined as set forth in accordance with Section 4.3 hereof3.2 above.

Elimination of Fractional Interests. The Company shall not be ----------------------------------- required to issue fractional shares of Common Stock upon the exercise of Warrants. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price market value of a share of Common Stock, determined in accordance with Section 4.3 hereof.as follows:

Elimination of Fractional Interests. The Company shall not be ----------------------------------- required to issue fractional shares of Common Stock or the Series B Warrant upon the exercise of Warrantsthe Series B Warrant. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants Series B Warrant shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Warrants Series B Warrant so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Series B Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price market value of a share of Common Stock, determined in accordance with Section 4.3 hereof.as follows:

Elimination of Fractional Interests. The Company shall not be ----------------------------------- -------------------------------------- required to issue fractional shares of Common Stock or the Series D Warrant upon the exercise of Warrantsthe Series D Warrant. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants Series D Warrant shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Warrants Series D Warrant so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Series D Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price market value of a share of Common Stock, determined in accordance with Section 4.3 hereof.as follows:

Elimination of Fractional Interests. The Company shall not be required ----------------------------------- required to issue fractional shares of Common Stock upon the exercise of Warrants. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price of a share of Common Stock, determined in accordance with Section 4.3 hereof.

Elimination of Fractional Interests. The Company shall not be ----------------------------------- -------------------------------------- required to issue fractional shares of Common Stock or the Series E Warrant upon the exercise of Warrantsthe Series E Warrant. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants Series E Warrant shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Warrants Series E Warrant so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Series E Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price market value of a share of Common Stock, determined in accordance with Section 4.3 hereof.as follows:

Elimination of Fractional Interests. The Company shall not be ----------------------------------- required to issue fractional shares of Common Stock or the Series A Warrant upon the exercise of Warrantsthe Series A Warrant. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants Series A Warrant shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Warrants Series A Warrant so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Series A Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price market value of a share of Common Stock, determined in accordance with Section 4.3 hereof.as follows:

Elimination of Fractional Interests. The Company shall not be ----------------------------------- required to issue fractional shares of Common Stock upon the exercise of Warrants. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Warrants so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price of a share of Common Stock, determined in accordance with Section 4.3 3.3 hereof.

Elimination of Fractional Interests. The Company shall not be ----------------------------------- -------------------------------------- required to issue fractional shares of Common Stock or the Series A Warrant upon the exercise of Warrantsthe Series A Warrant. Warrants may only be exercised in such multiples as are required to permit the issuance by the Company of one or more whole shares of Common Stock. If one or more Warrants Series A Warrant shall be presented for exercise in full at the same time by the same Holder, the number of whole shares of Common Stock which shall be issuable upon such exercise thereof shall be computed on the basis of the aggregate number of shares of Common Stock purchasable on exercise of the Warrants Series A Warrant so presented. If any fraction of a share of Common Stock would, except for the provisions provided herein, be issuable on the exercise of any Series A Warrant (or specified portion thereof), the Company shall pay an amount in cash equal to such fraction multiplied by the then current Market Price market value of a share of Common Stock, determined in accordance with Section 4.3 hereof.as follows: