Mechanics and Effect of Conversion. (a) No fractional shares will be issued upon conversion of this Note. In lieu of any fractional share to which the Holder would otherwise be entitled, the Company will pay to the Holder in cash the unconverted balance that would otherwise be converted into such fractional share.
Appears in 5 contracts
Samples: Security Agreement (Geospatial Corp), Agreement and Amendment (Geospatial Corp), Note and Warrant Purchase Agreement (Geospatial Corp)
Mechanics and Effect of Conversion. (a) No fractional shares will be issued upon conversion of this Note. In lieu of any fractional share to which the Holder would otherwise be entitled, the Company will pay to the Holder in cash the unconverted balance portion of the Outstanding Amount that would otherwise be converted into such fractional share.
Appears in 3 contracts
Samples: Note and Warrant Purchase Agreement (Thar Pharmaceuticals Inc), Thar Pharmaceuticals Inc, Thar Pharmaceuticals Inc
Mechanics and Effect of Conversion. (a) No fractional shares will be issued upon conversion of this Note. In lieu of any fractional share to which the Holder would otherwise be entitled, the Company will Maker shall pay to the Holder in cash the unconverted balance principal amount that would otherwise be converted into such fractional share.
Appears in 2 contracts
Samples: Alpha Healthcare Acquisition Corp Iii, Alpha Healthcare Acquisition Corp Iii
Mechanics and Effect of Conversion. (a) No fractional shares will be issued upon conversion of this Note. In lieu of any fractional share to which the Holder would otherwise be entitled, the Company will pay to the Holder in cash the unconverted balance Outstanding Amount that would otherwise be converted into such fractional share.
Appears in 2 contracts
Samples: Joint Operating Agreement (International Microcomputer Software Inc /Ca/), Agreement and Plan of Merger (International Microcomputer Software Inc /Ca/)
