No Fractional Shares or Scrip. No fractional Warrant Shares or Warrant ADSs shall be issued upon the exercise of this Warrant. As to any fraction of an ADS 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 ADS.
Appears in 76 contracts
Samples: Securities Purchase Agreement (Safe-T Group Ltd.), Underwriting Agreement (Therapix Biosciences Ltd.), Underwriting Agreement (Therapix Biosciences Ltd.)
No Fractional Shares or Scrip. No fractional Warrant Shares or Warrant ADSs shall be issued upon the exercise of this Warrant. As to any fraction of an ADS 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 ADS; provided, however the fraction of an ADS shall not be rounded up to the next whole ADS if such rounding results in the issue price being lower than the par value of the Ordinary Shares.
Appears in 6 contracts
Samples: RedHill Biopharma Ltd., RedHill Biopharma Ltd., RedHill Biopharma Ltd.
No Fractional Shares or Scrip. No fractional Warrant Shares or Warrant ADSs shall be issued upon the exercise of this Warrant. As to any fraction of an ADS 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 ADS.
Appears in 5 contracts
Samples: Nano Dimension Ltd., Nano Dimension Ltd., Nano Dimension Ltd.
No Fractional Shares or Scrip. No fractional Warrant Shares or Warrant ADSs shall be issued upon the exercise of this Warrant. As to any fraction of an ADS 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 shall round up to the next whole ADS.
Appears in 3 contracts
Samples: Underwriting Agreement (The9 LTD), CollPlant Holdings Ltd., CollPlant Holdings Ltd.
No Fractional Shares or Scrip. No fractional Warrant Shares or Warrant ADSs shall be issued upon the exercise of this Warrant. As to any fraction of an ADS 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 ADS; provided, however, the fraction of an ADS shall not be rounded up to the next whole ADS if such rounding results in the issue price being lower than the nominal value of the ADS.
Appears in 2 contracts
Samples: Akari Therapeutics PLC, Akari Therapeutics PLC
No Fractional Shares or Scrip. No fractional Warrant Shares ADSs or Warrant scrip representing fractional ADSs shall be issued upon the exercise of this Warrant. As to any fraction of an ADS 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 ADS.
Appears in 2 contracts
Samples: Purchase Agreement (Kazia Therapeutics LTD), Kazia Therapeutics LTD
No Fractional Shares or Scrip. No fractional Warrant Shares ADRs or Warrant ADSs scrip representing fractional ADRs shall be issued upon the exercise of this Warrant. As to any fraction of an ADS ADR which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either shall pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the number of Ordinary Shares represented by one ADR, and then multiplied by the Exercise Price or round up to the next whole ADSPrice.
Appears in 1 contract
Samples: XTL Biopharmaceuticals LTD
No Fractional Shares or Scrip. No fractional Warrant Shares or Warrant ADSs shall be issued upon the exercise of this Warrant. As to any fraction of an a share or ADS 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 down to the next whole share or ADS.
Appears in 1 contract
Samples: Stealth BioTherapeutics Corp
