Common use of Fractional Shares Clause in Contracts

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 352 contracts

Samples: Joinder Agreement (TLG Acquisition One Corp.), Securities Purchase Agreement (Trio Petroleum Corp.), Securities Purchase Agreement (Trio Petroleum Corp.)

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Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this NoteDebenture. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 309 contracts

Samples: Support Agreement (Creek Road Miners, Inc.), Support Agreement (Creek Road Miners, Inc.), Securities Purchase Agreement (Sigyn Therapeutics, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Borrower 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 Conversion Price or round up to the next whole share.

Appears in 175 contracts

Samples: AgEagle Aerial Systems Inc., Global Technologies LTD, Global Technologies LTD

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this NoteDebenture. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 105 contracts

Samples: Debt Purchase Agreement (Titan Iron Ore Corp.), Debt Purchase Agreement (Titan Iron Ore Corp.), Subscription Agreement (Trunity Holdings, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 62 contracts

Samples: Form of Note Purchase Agreement (Inspire Veterinary Partners, Inc.), White River Energy Corp., Alpha Healthcare Acquisition Corp Iii

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Fixed Conversion Price or round up to the next whole share.

Appears in 39 contracts

Samples: Endexx Corp, Permitted Indebtedness and Liens (Attis Industries Inc.), Registration Rights Agreement (Attis Industries Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which that the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 31 contracts

Samples: Dyadic International Inc, Ayala Pharmaceuticals, Inc., Ayala Pharmaceuticals, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Preferred Stock. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Corporation 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 Conversion Price or round up to the next whole share.

Appears in 25 contracts

Samples: Securities Purchase Agreement (Neuraxis, INC), Asset Purchase Agreement (Blue Water Biotech, Inc.), Securities Purchase Agreement (Madrigal Pharmaceuticals, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion Conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversionConversion, 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 Conversion Price or round up to the next whole share.

Appears in 14 contracts

Samples: Securities Purchase Agreement (Chromocell Therapeutics Corp), Securities Purchase Agreement (Chromocell Therapeutics Corp), Securities Purchase Agreement (Chromocell Therapeutics Corp)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which of Common Stock that the Holder would otherwise be entitled to purchase upon such conversion, 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 Calculated Conversion Price or the Alternative Conversion Price, as relevant, or round up to the next whole share.

Appears in 14 contracts

Samples: Securities Purchase Agreement (Cool Technologies, Inc.), Regen BioPharma Inc, Clean Vision Corp

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As If any conversion of this Note would create a fractional share or a right to any fraction of acquire a share which the Holder would otherwise be entitled to purchase upon such conversionfractional share, 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 Conversion Price or round up to the next nearest whole sharenumber.

Appears in 14 contracts

Samples: Bionik Laboratories Corp., Biotricity Inc., Bionik Laboratories Corp.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 13 contracts

Samples: chatAND, Inc., chatAND, Inc., chatAND, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which that the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 11 contracts

Samples: Uppercut Brands, Inc., Creative Medical Technology Holdings, Inc., Creative Medical Technology Holdings, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up the fraction to the next whole share as long as it does not violate the Beneficial Ownership Limitation in which case the fractional share shall be xxxxxxxxxxx.xx the next whole share.

Appears in 9 contracts

Samples: Securities Purchase Agreement (Innovation1 Biotech Inc.), Securities Purchase Agreement (Live Current Media Inc.), Securities Purchase Agreement (Live Current Media Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Fixed Conversion Price or Alternate Conversion Price, whichever is in effect, or round up to the next whole share.

Appears in 9 contracts

Samples: Securities Purchase Agreement (Lifelogger Technologies Corp), Ifan Financial, Inc., Greenhouse Solutions, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion Conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversionConversion, the Company Issuer 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 Conversion Price then in effect or the Automatic Conversion Price, as applicable or round up to the next whole share.

Appears in 8 contracts

Samples: Hightimes Holding Corp., Hightimes Holding Corp., Hightimes Holding Corp.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion Conversion of this NoteDebenture. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversionConversion, 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 Conversion Price or round up to the next whole share.

Appears in 6 contracts

Samples: Security Agreement (US Dry Cleaning Services Corp), Security Agreement (US Dry Cleaning Services Corp), Security Agreement (US Dry Cleaning Services Corp)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notehereof. As to any fraction of a share to which the Holder Noteholder would otherwise be entitled to purchase upon such conversion, the Company shall Borrower 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 Conversion Price or round up to the next whole share.

Appears in 6 contracts

Samples: Consulting Agreement (JanOne Inc.), JanOne Inc., JanOne Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of all or any portion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or Amortization Conversion Price, as applicable, or round up to the next whole share.

Appears in 5 contracts

Samples: Registration Rights Agreement (Zoomcar Holdings, Inc.), Securities Purchase Agreement (Next.e.GO N.V.), Psyence Biomedical Ltd.

Fractional Shares. No fractional shares Shares or scrip representing fractional shares Shares shall be issued upon the conversion of this Note. As to any fraction of a share Share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole shareShare.

Appears in 5 contracts

Samples: Purchase Agreement (Ipsidy Inc.), Securities Purchase Agreement (Ipsidy Inc.), Securities Purchase Agreement (Ipsidy Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this NoteDebenture. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up down to the next whole share.

Appears in 5 contracts

Samples: Securities Purchase Agreement (NextPlat Corp), Securities Purchase Agreement (NextPlat Corp), Securities Purchase Agreement (Progressive Care Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the any conversion of this Notethe Securities. As to If any fraction such conversion would otherwise require the issuance of a fractional share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up current market price per share of Common Stock (determined as provided in paragraph (6) of Section 10.4) on the day of conversion shall be paid to the next whole shareHolder in cash by the Company.

Appears in 5 contracts

Samples: Indenture (Alternative Living Services Inc), Indenture (Rent Way Inc), Sterling House Corp

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Alternate Conversion Price Price, or round up to the next whole share.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Cachet Financial Solutions, Inc.), Cachet Financial Solutions, Inc., Cachet Financial Solutions, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this NoteDebenture. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Discovery Energy Corp.), Securities Purchase Agreement (Discovery Energy Corp.), Discovery Energy Corp.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this NoteSecurities. As to If any fraction such conversion would otherwise require the issuance of a fractional share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up current market price per share of common stock (determined as provided in paragraph (6) of Section 11.04) on the day of conversion shall be paid to the next whole shareHolder in cash by the Company.

Appears in 5 contracts

Samples: Sizeler Property Investors Inc, Sizeler Property Investors Inc, Sizeler Property Investors Inc

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Companies 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 Fixed Conversion Price or round up to the next whole share.

Appears in 4 contracts

Samples: Notis Global, Inc., Notis Global, Inc., Notis Global, Inc.

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

Appears in 4 contracts

Samples: Master Note Purchase Agreement (Acuitas Group Holdings, LLC), Master Note Purchase Agreement (Acuitas Group Holdings, LLC), Master Note Purchase Agreement (Acuitas Group Holdings, LLC)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Preferred Stock. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Corporation 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 Conversion Price or round up to the next whole share.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Cerecor Inc.), Voting Agreement (Aytu Bioscience, Inc), Voting Agreement (Cerecor Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this NoteDebenture. As to any fraction of a share which that the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 4 contracts

Samples: CrowdGather, Inc., CrowdGather, Inc., CrowdGather, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Series A Preferred. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Corporation 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 Conversion Price or round up to the next whole share.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Asta Holdings, Corp.), Merger and Share Exchange Agreement (Asta Holdings, Corp.), Merger and Share Exchange Agreement (Asta Holdings, Corp.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this NoteDebenture. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price then in effect or the Automatic Conversion Price, as applicable or round up to the next whole share.

Appears in 4 contracts

Samples: Protea Biosciences Group, Inc., Protea Biosciences Group, Inc., Protea Biosciences Group, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the any conversion of this NoteSecurities. As to If any fraction such conversion would otherwise require the issuance of a fractional share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up current market price per share of common stock (determined as provided in paragraph (6) of Section 10.04) on the day of conversion shall be paid to the next whole shareHolder in cash by the Company.

Appears in 3 contracts

Samples: Indenture (Assisted Living Concepts Inc), Indenture (Assisted Living Concepts Inc), Indenture (Santa Anita Realty Enterprises Inc)

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

Appears in 3 contracts

Samples: Sigyn Therapeutics, Inc., Sigyn Therapeutics, Inc., Sigyn Therapeutics, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this NoteDebenture. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 3 contracts

Samples: CollPlant Holdings Ltd., CollPlant Holdings Ltd., CollPlant Holdings Ltd.

Fractional Shares. No fractional shares or scrip representing fractional shares of Common Stock shall be issued upon the conversion of this Notethe Series X Preferred Stock. As to any fraction of a share which the a Holder would otherwise be entitled to purchase receive upon such conversion, the Company Corporation 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 Conversion Price or round up to the next whole sharePrice.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Heska Corp), Securities Purchase Agreement (Alpine Immune Sciences, Inc.), Letter Agreement (Cidara Therapeutics, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to fair market value of the next whole shareCommon Stock.

Appears in 3 contracts

Samples: ARJ Consulting, LLC, Verus International, Inc., Verus International, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Noteany shares of Series A Preferred Stock. As to any fraction of Any fractional interest in a share which of Common Stock resulting from conversion of one or more shares of Series A Preferred Stock shall be paid in cash (computed to the Holder would otherwise be entitled to purchase upon such conversion, the Company shall at its election, either pay a cash adjustment in respect of such final fraction in an amount nearest cent) equal to such fraction multiplied equal to the fair market value of a share of Common Stock as of the date of such conversion, as reasonably determined by the Conversion Price or round up to the next whole shareCompany.

Appears in 3 contracts

Samples: Stock Purchase Agreement (General Devices Inc), Stockholders Agreement (General Devices Inc), Agreement and Plan of Merger (General Devices Inc)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share to which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 3 contracts

Samples: Promissory Note (Bridgeline Digital, Inc.), Bridgeline Digital, Inc., Bridgeline Digital, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder Lender would otherwise be entitled to purchase upon such conversion, the Company Parent 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 Conversion Price or round up to the next whole share.

Appears in 3 contracts

Samples: XpresSpa Group, Inc., XpresSpa Group, Inc., XpresSpa Group, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares of Common Stock shall be issued upon the conversion of this Notethe Series C Preferred Stock. As to any fraction of a share which the a Holder would otherwise be entitled to purchase receive upon such conversion, the Company Corporation 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 Conversion Price or round up to the next whole sharePrice.

Appears in 3 contracts

Samples: Securities Purchase Agreement (T2 Biosystems, Inc.), Registration Rights Agreement (Bain Capital Life Sciences Fund, L.P.), Securities Exchange Agreement (Oncothyreon Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 3 contracts

Samples: Grom Social Enterprises, Inc., Jacksam Corp, Jacksam Corp

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up the fraction to the next whole share as long as it does not violate the Beneficial Ownership Limitation in which case the fractional share shall be dxxxxxxxxxx.xx the next whole share.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Innovation1 Biotech Inc.), QHSLab, Inc., American Rebel Holdings Inc

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Preferred Stock. As to any fraction of a share which the a Holder would otherwise be entitled to purchase upon such conversion, the Company Corporation 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 Conversion Price or round up to the next whole share.

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (Premier Power Renewable Energy, Inc.), Securities Purchase Agreement (NewCardio, Inc.), Agreement (NewCardio, Inc.)

Fractional Shares. No fractional shares Conversion Shares or scrip representing fractional shares Conversion Shares shall be issued upon the conversion of this NoteDebenture. As If any conversion of this Debenture would create a fractional Conversion Share or a right to any fraction of acquire a share which the Holder would otherwise be entitled to purchase upon such conversionfractional Conversion Share, the Company shall at its election, either pay a cash adjustment in respect of such final fraction in an amount fractional Conversion Share equal to the fair market value of such fraction multiplied fractional interest as determined by the Conversion Price or round up to the next whole shareBoard.

Appears in 3 contracts

Samples: Diamondhead Casino Corp, Diamondhead Casino Corp, Diamondhead Casino Corp

Fractional Shares. No fractional shares or scrip representing fractional shares of Common Stock shall be issued upon the conversion of this Notethe Series B Preferred Stock. As to any fraction of a share which the a Holder would otherwise be entitled to purchase receive upon such conversion, the Company Corporation 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 Conversion Price or round up to the next whole sharePrice.

Appears in 3 contracts

Samples: Letter Agreement (Pieris Pharmaceuticals, Inc.), Securities Exchange Agreement (Oncothyreon Inc.), Underwriting Agreement (Oncothyreon Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up such fractional share to the next whole share.

Appears in 3 contracts

Samples: Security Agreement (Authentidate Holding Corp), Aeon Global Health Corp., Authentidate Holding Corp

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Series A Preferred Shares. As to any fraction of a share which the a Holder would otherwise be entitled to purchase upon such conversion, the Company Corporation 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 Conversion Price or round up to the next whole share.

Appears in 3 contracts

Samples: The Arrangement Agreement (DecisionPoint Systems, Inc.), The Arrangement Agreement (Comamtech Inc.), The Arrangement Agreement (DecisionPoint Systems, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price applicable conversion price as provided herein, or round up to the next whole share.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Lifelogger Technologies Corp), Lifelogger Technologies Corp, Lifelogger Technologies Corp

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

Appears in 3 contracts

Samples: Securities Purchase Agreement (ObsEva SA), Securities Purchase Agreement (ObsEva SA), Securities Purchase Agreement (ObsEva SA)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this NoteDebenture. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Borrower 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 Conversion Price or Conversion Price for Accrued Interest, as applicable, or round up to the next whole share.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Western Magnesium Corp.), Securities Purchase Agreement (Western Magnesium Corp.), Securities Purchase Agreement (Western Magnesium Corp.)

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

Appears in 3 contracts

Samples: Digital Health Acquisition Corp., Digital Health Acquisition Corp., Hwn, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up or down to the next whole share.

Appears in 2 contracts

Samples: Fourth Extension and Amendment Agreement, Fourth Extension and Amendment Agreement (Envision Solar International, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this NoteDebenture. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 applicable Conversion Price or round up to the next whole share.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Rennova Health, Inc.), Rennova Health, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.. Secured Promissory Note – Viking – February, 2020 Private Placement 12

Appears in 2 contracts

Samples: Camber Energy, Inc., Camber Energy, Inc.

Fractional Shares. No fractional shares Common Shares or scrip representing fractional shares Common Shares shall be issued upon the conversion of this the Note. As to Instead of any fraction fractional Common Shares which otherwise would be issuable upon conversion of a share which the Holder would otherwise be entitled to purchase upon such conversionNote, the Company Borrower 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 Conversion Price or round up to the next whole sharesame fraction.

Appears in 2 contracts

Samples: Exchange Agreement (Commodore Applied Technologies Inc), Commodore Applied Technologies Inc

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Corporation 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 Conversion Price or round up such fractional share to the next whole share.

Appears in 2 contracts

Samples: Share Exchange Agreement (DPW Holdings, Inc.), Share Exchange Agreement (Avalanche International, Corp.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As In lieu of any fractional share to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversionentitled, the Company shall at its election, either will pay a to Holder in cash adjustment in respect the amount of the unconverted principal and interest balance of this Note that would otherwise be converted into such final fraction in an amount equal to such fraction multiplied by the Conversion Price or round up to the next whole fractional share.

Appears in 2 contracts

Samples: NightHawk Biosciences, Inc., NightHawk Biosciences, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Borrower 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 Conversion Price or round up such fractional share to the next whole share.

Appears in 2 contracts

Samples: Note Amendment Agreement, Note Amendment Agreement (Authentidate Holding Corp)

Fractional Shares. No fractional shares Conversion Shares or scrip representing fractional shares Conversion Shares shall be issued upon the conversion of this Notethe Conversion Amount. As to Instead of any fraction fractional Conversion Shares which otherwise would be issuable upon conversion of a share which the Holder would otherwise be entitled to purchase upon such conversionConversion Amount, the Company shall at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such the same fraction multiplied by times the Conversion Price or round up to the next whole sharePrice.

Appears in 2 contracts

Samples: Note Purchase Agreement (Neoprobe Corp), Note Purchase Agreement (Neoprobe Corp)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price applicable conversion price or round up to the next whole share.

Appears in 2 contracts

Samples: Taoping Inc., Taoping Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Preferred Stock. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Corporation 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 Conversion Price or round up to the next whole sharePrice.

Appears in 2 contracts

Samples: Amendment and Exchange Agreement (Cellectar Biosciences, Inc.), Securities Purchase Agreement (BioSig Technologies, Inc.)

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Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 QF Conversion Price or the Maturity Conversion Price, as applicable, or round up to the next whole share.

Appears in 2 contracts

Samples: Cell Source, Inc., Cell Source, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Series A Preferred Stock. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Corporation 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 Conversion Price or round up to the next whole share.

Appears in 2 contracts

Samples: Employment Agreement (1847 Goedeker Inc.), Employment Agreement (1847 Goedeker Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Series A Preference Shares. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company shall Corporation 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 Conversion Price or round up to the next whole share.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (CBD Energy LTD), Agreement and Plan of Merger (Westinghouse Solar, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this NoteDebenture. As to any fraction of a share to which the Holder would otherwise be entitled to purchase upon such conversiona voluntary conversion under this Section 4, 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 Conversion Price or round up to the next whole sharePrice.

Appears in 2 contracts

Samples: Warrant Agreement (KLDiscovery Inc.), Securities Purchase Agreement (Pivotal Acquisition Corp)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this the Note. As to any fraction of a share which that the Holder Payee would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 2 contracts

Samples: Whereas (Saint James CO), Saint James CO

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this NoteDebenture. As to any fraction of a share which the Holder Xxxxxx would otherwise be entitled to purchase receive upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 2 contracts

Samples: Tripath Technology Inc, Etelos, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Noteany shares of Series B Preferred Stock. As to any fraction of Any fractional interest in a share which of Common Stock resulting from conversion of one or more shares of Series B Preferred Stock shall be paid in cash (computed to the Holder would otherwise be entitled to purchase upon such conversion, the Company shall at its election, either pay a cash adjustment in respect of such final fraction in an amount nearest cent) equal to such fraction multiplied equal to the fair market value of a share of Common Stock as of the date of such conversion, as reasonably determined by the Conversion Price or round up to the next whole shareCompany.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (General Devices Inc), Stockholders Agreement (General Devices Inc)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Loans. As to any fraction of a share which the Holder a Lender would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 2 contracts

Samples: Senior Secured Term Loan Agreement (Nauticus Robotics, Inc.), Senior Secured Term Loan Agreement (Nauticus Robotics, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Series C Preferred. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price Rate or round up to the next whole share.

Appears in 2 contracts

Samples: Exercise Agreement (Star Mountain Resources, Inc.), Stock Purchase Agreement (Great Plains Holdings, Inc.)

Fractional Shares. No fractional shares of stock or scrip representing fractional shares shall be issued upon the conversion of this Note. As to Instead of any fraction fractional shares of a share stock which the Holder would otherwise be entitled to purchase issuable upon such conversionconversion of this Note, the Company shall at its election, either pay a cash adjustment in respect of such final fraction fractional interest in an amount equal to the then current market price of such fraction multiplied by the Conversion Price or round up to the next whole sharefractional interest.

Appears in 2 contracts

Samples: Subordination Agreement (Displaytech Inc), Subordination Agreement (Displaytech Inc)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase acquire upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 2 contracts

Samples: Spy Inc., Spy Inc.

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

Appears in 2 contracts

Samples: Form of Securities Purchase Agreement (Amyris, Inc.), Form of Security Holder Agreement (Amyris, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this the Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 2 contracts

Samples: Loan and Security Modification Agreement (Connexa Sports Technologies Inc.), Securities Purchase Agreement (Blue Sky Media Corp)

Fractional Shares. No fractional shares Conversion Shares or scrip representing fractional shares Conversion Shares shall be issued upon the conversion of this Note. As If any conversion of this Note would create a fractional Conversion Share or a right to any fraction of acquire a share which the Holder would otherwise be entitled to purchase upon such conversionfractional Conversion Share, the Company shall at its election, either pay a cash adjustment in respect of such final fraction in an amount fractional Conversion Share equal to the fair market value of such fraction multiplied fractional interest as determined by the Conversion Price or round up to the next whole shareBoard.

Appears in 2 contracts

Samples: Robotic Vision Systems Inc, Robotic Vision Systems Inc

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notehereof. As to any fraction of a share to which the Holder Lender would otherwise be entitled to purchase upon such conversion, the Company shall JanOne 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 Fixed Conversion Price or round up to the next whole share.

Appears in 2 contracts

Samples: JanOne Inc., JanOne Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Series I Preferred. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Corporation 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 Conversion Price or round up to the next whole share.

Appears in 2 contracts

Samples: Underwriting Agreement (Towerstream Corp), Underwriting Agreement (Towerstream Corp)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Preferred Stock. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Corporation shall at its election, either (A) pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the greater of (x) the Closing Price as of the Conversion Date and (y) the Conversion Price or (B) round up to the next whole share.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Advanced Battery Technologies, Inc.), Securities Purchase Agreement (Advanced Battery Technologies, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Issuer 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 Conversion Price or round up to the next whole share.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Faraday Future Intelligent Electric Inc.), Securities Purchase Agreement (Faraday Future Intelligent Electric Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Preferred Stock. As to any fraction of a share which the a Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bridgeline Digital, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Series C Preferred Stock. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cachet Financial Solutions, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares of Common Stock shall be issued upon the conversion of this Notethe Preferred Stock. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Corporation 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 Conversion Price in effect on the relevant Conversion Date or round up to the next whole share.

Appears in 1 contract

Samples: Securities Purchase Agreement (Arrowhead Research Corp)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Series A Preferred. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company shall Corporation 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 Conversion Price Price, or round up to the next whole share.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tixfi Inc.)

Fractional Shares. No fractional shares or scrip representing fractional fractions of shares of Preferred Stock shall be issued upon the conversion of this Note. As to In lieu of any fraction of fractional interest in a share which the Holder of Preferred Stock that would otherwise be entitled to purchase deliverable upon such conversionthe conversion of the full remaining amount of this Note, the Company Co-Borrowers shall at its election, either pay a cash adjustment in respect of such final fraction in to the Holder an amount in cash equal to such fraction multiplied by the Conversion Price or round up to the next whole shareunconverted portion of this Note.

Appears in 1 contract

Samples: Fao Inc

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Preferred Stock. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company shall Corporation 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 VWAP on the Conversion Price Date or round up to the next whole share.

Appears in 1 contract

Samples: Exchange Agreement (Converted Organics Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Impact Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company shall at its election, either pay round down if less than 50% of a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Conversion Price or share and round up if 50% or greater to the next whole share.

Appears in 1 contract

Samples: uploads-ssl.webflow.com

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion issuance of this NoteAdditional Shares. As to any fraction of a share which the Holder would otherwise be entitled to purchase receive upon such conversionthe issuance of Additional Shares, 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 Conversion Price or round up to the next whole share.

Appears in 1 contract

Samples: Originoil Inc

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Series B Preferred Shares. As to any fraction of a share which the a Holder would otherwise be entitled to purchase upon such conversion, the Company Corporation 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 Conversion Price or round up to the next whole share.

Appears in 1 contract

Samples: The Arrangement Agreement (DecisionPoint Systems, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Preferred Shares. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.

Appears in 1 contract

Samples: Securities Purchase Agreement (LENSAR, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion in-kind payment of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversionin-kind payment, 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 Conversion Price or round up to the next whole share.

Appears in 1 contract

Samples: Probility Media Corp

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion Conversion of this NoteRefinancing Debenture. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversionConversion, 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 Conversion Price or round up to the next whole share.

Appears in 1 contract

Samples: Security Agreement (US Dry Cleaning Services Corp)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Series A Preferred Stock. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Corporation 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 Conversion Price or round up to the next whole share.

Appears in 1 contract

Samples: Registration Rights Agreement (Cerecor Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this NoteDebenture. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole sharePrice.

Appears in 1 contract

Samples: Securities Purchase Agreement (Edap TMS Sa)

Fractional Shares. No fractional shares or scrip representing fractional shares Conversion Shares shall be issued upon the conversion of this Notethe Series A Preferred Stock. As to any fraction of a share Conversion Share which the Holder would otherwise be entitled to purchase upon such conversion, the Company Corporation 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 Conversion Price or round up to the next whole share.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Modular Medical, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next whole share.. {00788291.DOCX;2 }

Appears in 1 contract

Samples: Force Protection Video Equipment Corp.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company shall at its election, either pay round down if less than 50% of a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Conversion Price or share and round up if 50% or greater to the next whole share.

Appears in 1 contract

Samples: American Resources Corp

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of all or any portion of this Note. As to any fraction of a share which the Holder Investor would otherwise be entitled to purchase upon such conversion, 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 Conversion Price Price, or round up to the next whole share.

Appears in 1 contract

Samples: AtlasClear Holdings, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up the fraction to the next whole share as long as it does not violate the Beneficial Ownership Limitation in which case the fractional share shall be dixxxxxxxxx.xx xhe next whole share.

Appears in 1 contract

Samples: Innovation1 Biotech Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up to the next nearest whole share.

Appears in 1 contract

Samples: AtheroNova Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, 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 Conversion Price or round up down to the next whole share.

Appears in 1 contract

Samples: Heritage Distilling Group, Inc.

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