Common use of No Fractional Exercise Clause in Contracts

No Fractional Exercise. Notwithstanding any provision contained in this Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall be issued upon the exercise of the Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, 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 Exercise Price or round up to the next whole share.

Appears in 54 contracts

Samples: Warrant Agent Agreement (BioLife4D Corp), Warrant Agent Agreement (Inspira Technologies OXY B.H.N. LTD), Warrant Agent Agreement (Grom Social Enterprises, Inc.)

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No Fractional Exercise. Notwithstanding any provision contained in this Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall be issued upon the exercise of the Tradeable Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, 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 Exercise Price or round up to the next whole share.

Appears in 10 contracts

Samples: Warrant Agency Agreement (Elate Group, Inc.), Warrant Agency Agreement (Elate Group, Inc.), Warrant Agent Agreement (ParaZero Technologies Ltd.)

No Fractional Exercise. Notwithstanding any provision contained in this No fractional Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall Shares will be issued upon the exercise of the Warrant. As to any fraction of a share which the a Holder would otherwise be entitled to purchase upon such exercise, 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 Exercise Price or round up to the next whole share.

Appears in 7 contracts

Samples: Warrant Agent Agreement (Movano Inc.), Warrant Agent Agreement (Guardion Health Sciences, Inc.), Warrant Agent Agreement (NutriBand Inc.)

No Fractional Exercise. Notwithstanding any provision contained in this Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall be issued upon the exercise of the WarrantPre-funded Warrants. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, 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 Exercise Price or round up to the next whole share.

Appears in 7 contracts

Samples: Warrant Agent Agreement (Wearable Devices Ltd.), Warrant Agent Agreement (Sharps Technology Inc.), Warrant Agent Agreement (Maris Tech Ltd.)

No Fractional Exercise. Notwithstanding any provision contained in this Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall be issued upon the exercise of the WarrantPre-Funded Warrants. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, 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 Exercise Price or round up to the next whole share.

Appears in 6 contracts

Samples: Warrant Agent Agreement (Jeffs' Brands LTD), Warrant Agent Agreement (Inspira Technologies OXY B.H.N. LTD), Warrant Agent Agreement (Infinite Group Inc)

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No Fractional Exercise. Notwithstanding any provision contained in this Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall be issued upon the exercise of the Warrant or Pre-funded Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, 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 Exercise Price or round up to the next whole share.

Appears in 5 contracts

Samples: Warrant Agent Agreement (Avenue Therapeutics, Inc.), Warrant Agent Agreement (Avenue Therapeutics, Inc.), Warrant Agent Agreement (Avenue Therapeutics, Inc.)

No Fractional Exercise. Notwithstanding any provision contained in this Warrant Agreement to the contrary, no No fractional shares or scrip representing fractional shares shall be issued upon the exercise of the a Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, 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 Exercise Price or round up to the next whole share.

Appears in 2 contracts

Samples: Warrant Agreement (Smart for Life, Inc.), Warrant Agreement (Smart for Life, Inc.)

No Fractional Exercise. Notwithstanding any provision contained in this No fractional Warrant Agreement to the contrary, no fractional shares or scrip representing fractional shares shall Shares will be issued upon the exercise of the WarrantWarrants. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, 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 Exercise Price or round up to the next nearest whole sharenumber the number of shares of Common Stock to be issued to such Holder.

Appears in 1 contract

Samples: Warrant Agreement (Blue Sphere Corp.)

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