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: Securities Purchase Agreement (Corphousing Group Inc.), Securities Purchase Agreement (Capstone Technologies Group Inc.), 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: Qualigen Therapeutics, Inc., Securities Purchase Agreement (Ads in Motion, Inc.), Unconditional Guaranty Agreement (Legacy Education Alliance, 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: Purchase Agreement (Harrison Vickers & Waterman Inc), Securities Purchase Agreement (Andalay Solar, Inc.), Purchase Agreement (Harrison Vickers & Waterman 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 105 contracts

Samples: Purchase Agreement (Octavian Global Technologies, Inc.), Securities Purchase Agreement (Concentric Energy Corp), Security Agreement (Capital Growth Systems Inc /Fl/)

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: Note Amendment Agreement (Magnolia Solar Corp), Second Note Amendment Agreement (Magnolia Solar Corp), Note Amendment Agreement (Magnolia Solar 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 Fixed Conversion Price or round up to the next whole share.

Appears in 39 contracts

Samples: Securities Purchase Agreement (CannaVEST Corp.), Registration Rights Agreement (Attis Industries Inc.), Permitted Indebtedness and Liens (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: Subordination Agreement (NXT-Id, Inc.), Subordination Agreement (NXT-Id, 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 (Madrigal Pharmaceuticals, Inc.), Securities Purchase Agreement (SANUWAVE Health, Inc.), Securities Purchase Agreement (Verde Bio Holdings, Inc.)

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: Biotricity Inc., Bionik Laboratories Corp., 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 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, Creatd, 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 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: POSITIVEID Corp, Uppercut Brands, Inc., POSITIVEID 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 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), Lifelogger Technologies Corp, Lifelogger Technologies 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 xxxxxxxxxxx.xx the next whole share.

Appears in 9 contracts

Samples: Securities Purchase Agreement (Live Current Media Inc.), Securities Purchase Agreement (Innovation1 Biotech Inc.), Securities Purchase Agreement (Live Current Media 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., Origo Acquisition 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 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 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 (NextPlat Corp)

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), Assisted Living Concepts 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 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 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: Securities Purchase Agreement (Ipsidy Inc.), 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 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 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 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: Merger and Share Exchange Agreement (Asta Holdings, Corp.), Securities Purchase Agreement (Asta Holdings, Corp.), Stock Exchange Agreement (Sibling Group 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 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: Voting Agreement (Cerecor Inc.), Voting Agreement (Aytu Bioscience, Inc), Registration Rights Agreement (Phunware, 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 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 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 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 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 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 (Santa Anita Realty Enterprises Inc), Indenture (Assisted Living Concepts 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: Securities Purchase Agreement (NewCardio, Inc.), Preferred Stock Purchase Agreement (Premier Power Renewable Energy, Inc.), Agreement (NewCardio, 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 dxxxxxxxxxx.xx the next whole share.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Innovation1 Biotech Inc.), American Rebel Holdings Inc, QHSLab, 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 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: Securities Exchange Agreement (Oncothyreon Inc.), Letter Agreement (Pieris Pharmaceuticals, 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 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 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: Jacksam Corp, Jacksam Corp, Grom Social Enterprises, 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 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: Hwn, Inc., Digital Health Acquisition Corp., Digital Health Acquisition Corp.

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: Registration Rights Agreement (Bain Capital Life Sciences Fund, L.P.), Securities Exchange Agreement (Oncothyreon Inc.), Securities Purchase Agreement (T2 Biosystems, 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 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: Verus International, Inc., Verus International, Inc., ARJ Consulting, LLC

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 (Alpine Immune Sciences, Inc.), Securities Purchase Agreement (Heska Corp), Letter Agreement (Cidara 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 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 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 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: Stockholders Agreement (General Devices Inc), Stock Purchase 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 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 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 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 (Avalanche International, Corp.), Share Exchange Agreement (DPW Holdings, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares of Common Stock shall be issued upon the conversion of this Notethe Series A 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 fractional share of Common Stock 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: Letter Agreement (Verastem, Inc.), Letter Agreement (Cullinan Oncology, 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 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 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 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 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 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.

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

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 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 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 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 1 contract

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

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

Appears in 1 contract

Samples: Securities Purchase Agreement (Emmaus Life Sciences, Inc.)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Amended 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 1 contract

Samples: Vivakor, 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 Automatic Conversion Price, as the case may be) or round up to the next whole share.

Appears in 1 contract

Samples: Rapid Therapeutic Science Laboratories, 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.. {00757963.DOCX;3 }

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 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 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 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 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 of this NoteSeries B Debenture or payment of interest on this Series B Debenture. 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: Mela Sciences, Inc. /Ny

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 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 such fractional share to the next whole share.

Appears in 1 contract

Samples: 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 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 volume weighted average price on the Conversion Price Date or round up to the next whole share.

Appears in 1 contract

Samples: Securities Purchase Agreement (Air Industries Group)

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 Any fraction of a share to which the Holder would otherwise be entitled to purchase upon such conversion, the Company conversion 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 be rounded up to the next whole share.

Appears in 1 contract

Samples: Iris Acquisition Corp

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 Hightimes 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 then applicable Conversion Price or round up to the next whole sharePer Share.

Appears in 1 contract

Samples: Hightimes Holding 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 down to the next whole share.

Appears in 1 contract

Samples: Heritage Distilling Group, Inc.

Fractional Shares. No fractional shares or scrip representing fractional shares of Common Stock shall be issued upon the conversion of this Notethe Class 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 1 contract

Samples: Securities Purchase Agreement (aTYR PHARMA INC)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion exchange of this Notethe Preferred Shares. As to any fraction of a share which the Holder would otherwise be entitled to purchase acquire upon such conversionexchange, 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 $0.33 (subject to adjustment for forward and reverse stock splits and the Conversion Price like) or round up to the next whole share.

Appears in 1 contract

Samples: Exchange Right Agreement (Inpixon)

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 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 1 contract

Samples: Note Amendment Agreement (Authentidate Holding Corp)

Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Notethe Series D 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 1 contract

Samples: Agreement and Plan of Merger (Great Plains Holdings, Inc.)

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 C 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: Securities Purchase Agreement (Mill City Ventures III, LTD)

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 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.)

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