Fractional Shares or Scrip. The Company may issue fractional Shares or scrip representing fractional Shares upon any exercise of this Warrant.
Appears in 4 contracts
Samples: Scio Diamond Technology Corp, Scio Diamond Technology Corp, Scio Diamond Technology Corp
Fractional Shares or Scrip. The Company may issue fractional Shares or scrip representing fractional Shares upon any exercise of this Warrant. In lieu of any fractional Share or scrip to which the Warrantholder would otherwise be entitled, the Company may pay to the Warrantholder a cash payment equal to the Market Price of the Common Stock on the last trading day preceding the date of exercise less the pro-rated Exercise Price for such fractional share.
Appears in 2 contracts
Samples: Subordinated Note and Warrant Purchase Agreement (First Community Corp /Sc/), First Community Corp /Sc/
Fractional Shares or Scrip. The Company may issue fractional Shares Fractional shares or scrip representing fractional Shares shares may be issued upon any the exercise of this Warrant.
Appears in 1 contract
