Common use of No Fractional Common Shares Clause in Contracts

No Fractional Common Shares. The Corporation shall not be required to issue fractions of Common Shares upon exercise of the Rights or to distribute certificates which evidence fractional Common Shares. In lieu of issuing fractional Common Shares, the Corporation shall pay to the holders of record of Right Certificates at the time such Rights are exercised as herein provided, an amount in cash equal to the same fraction of the Market Price of one Common Share that the fraction of a Common Share that would otherwise be issuable upon the exercise of such Right is of a whole Common Share.

No Fractional Common Shares. The Corporation Company shall not be required to issue fractions of Common Shares upon exercise of the Rights or to distribute certificates which evidence fractional Common Shares. In lieu of issuing fractional Common Shares, the Corporation Company shall pay to the holders of record of Right Certificates at the time such Rights are exercised as herein provided, an amount in cash equal to the same fraction of the Market Price of one Common Share that the fraction of a Common Share that would otherwise be issuable upon the exercise of such Right is of a whole Common Share.

No Fractional Common Shares. The Corporation shall not be required to issue fractions of Common Shares required, upon exercise of the Rights any Warrants, to issue fractional Common Shares or to distribute certificates which evidence fractional Common SharesShares in satisfaction of its obligations hereunder. In lieu of issuing If any fractional Common Shares, the Corporation shall pay to the holders of record of Right Certificates at the time such Rights are exercised as herein provided, an amount interest in cash equal to the same fraction of the Market Price of one Common Share that the fraction of a Common Share that would otherwise would, except for the provisions of this Section 4.4, be issuable deliverable upon the exercise of such Right is a Warrant, the number of a Common Shares issued shall be rounded down to the next smaller whole number of Common ShareShares.

No Fractional Common Shares. The Corporation shall not be required to issue fractions of Common Shares required, upon exercise of the Rights any Warrants, to issue fractional Common Shares or to distribute certificates which evidence fractional Common SharesShares in satisfaction of its obligations hereunder. In lieu of issuing If any fractional Common Shares, the Corporation shall pay to the holders of record of Right Certificates at the time such Rights are exercised as herein provided, an amount interest in cash equal to the same fraction of the Market Price of one Common Share that the fraction of a Common Share that would otherwise would, except for the provisions of this Section 4.5, be issuable deliverable upon the exercise of such Right is a Warrant, the number of a Common Shares issued shall be rounded down to the next smaller whole number of Common ShareShares.

No Fractional Common Shares. The Corporation shall not be required to issue fractions of Common Shares upon exercise of the Rights or to distribute certificates which evidence fractional Common Shares. In lieu of issuing fractional Common Shares, the Corporation shall pay to the holders of record of Right Rights Certificates at the time such Rights are exercised as herein provided, an amount in cash equal to the same fraction of the Market Price of one Common Share that the fraction of a Common Share that would otherwise be issuable upon the exercise of such Right is of a whole Common Share.

No Fractional Common Shares. The Corporation shall will not be required to issue fractions of fractional Common Shares upon exercise in satisfaction of the Rights or to distribute certificates which evidence its obligations hereunder. If any fractional Common Shares. In lieu of issuing fractional Common Shares, the Corporation shall pay to the holders of record of Right Certificates at the time such Rights are exercised as herein provided, an amount interest in cash equal to the same fraction of the Market Price of one Common Share that the fraction of a Common Share that would otherwise be issuable deliverable upon the exercise of such Right is the Agent’s Option, the Corporation will, in lieu of a whole delivering the fractional Common Share, satisfy the right to receive such fractional interest by delivery of that number of Common Shares to which the Holder is entitled rounded to the nearest whole number.