Common use of Fractional time Clause in Contracts

Fractional time. Any amount due under this Warrant and calculated in respect of a fraction of a year shall be determined based on a year of three hundred and sixty (360) days and the number of days elapsed.

Appears in 3 contracts

Sources: Common Stock Warrant (IO Biotech, Inc.), Common Stock Warrant (IO Biotech, Inc.), Common Stock Warrant (IO Biotech, Inc.)

Fractional time. Any amount due under this Warrant Clause 23.3 (Interest) and calculated in respect of a fraction of a year shall be determined based on a year of three hundred and sixty (360) days and the number of days elapsed.

Appears in 1 contract

Sources: Warrant Issuance Agreement (IO Biotech, Inc.)