Common use of No Fractional Shares or Scrip Clause in Contracts

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on the basis of the fair market value (as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in question.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares shares, the Company shall make a cash payment therefor on the basis of the fair market value (of any fractional shares as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in questiontime when entitlement to receive such fractional shares is determined.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in . In lieu of such any fractional shares share to which the Holder would otherwise be entitled, the Company shall make a cash payment therefor on the basis of equal to the fair market value of a share (as determined in good faith by the Company's Board of Directors) of one Warrant Share Directors of the type in questionCompany) multiplied by such fraction.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in . In lieu of such any fractional shares share to which Holder otherwise would be entitled, the Company shall make a cash payment therefor on equal to the basis Fair Market Value of the fair market value (as determined in good faith by one share of the Company's Board of DirectorsCommon Stock as determined under Section 3(c) of one Warrant Share of the type in questionmultiplied by such fraction.

No Fractional Shares or Scrip. No fractional shares Shares or scrip representing fractional shares Shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares Shares the Company shall make a cash payment therefor on the basis of the fair market value (as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in questionaccordance with Section 3.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on the basis of the fair market value (of any fractional shares as of the time when entitlement to receive such fractions is determined as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in questionaccordance with Section 4 above.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall will be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares a fraction of a share the Company shall will make a cash payment therefor on the basis of the then-current fair market value (of such fraction of a share, as determined in good faith by the Company's Board of Directors) of one Warrant Share Directors of the type in questionCompany.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in . In lieu of such any fractional shares share to which the Holder would otherwise be entitled, the Company shall make a cash payment therefor on the basis of equal to the fair market value of a share (as determined in good faith according to Section 3(c) above) multiplied by the Company's Board of Directors) of one Warrant Share of the type in questionsuch fraction.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in . In lieu of such any fractional shares share to which the Holder would otherwise be entitled, the Company shall make a cash payment therefor on the basis of equal to the fair market value of a share (as determined in good faith according to Section 4(c) above) multiplied by the Company's Board of Directors) of one Warrant Share of the type in questionsuch fraction.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on the basis of the fair market value (as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type then in questioneffect.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of the rights under this Warrant, but in . In lieu of such fractional shares share to which Holder would otherwise be entitled, the Company shall make a cash payment therefor on equal to the basis of the fair market value (as determined in good faith Warrant Price multiplied by the Company's Board of Directors) of one Warrant Share of the type in questionsuch fraction.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on the basis of the fair market value (as determined in good faith by the Company's Board of Directors) Fair Market Value of one Warrant Share share as of the type in questionsuch time of issuance.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of the rights under this Warrant, but in . In lieu of such fractional shares share to which Holder would otherwise be entitled, the Company shall make a cash payment therefor on equal to the basis of the fair market value (as determined in good faith Warrant Price multiplied by the Company's Board of Directors) of one Warrant Share of the type in question.such fraction

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on the basis of the fair market value (as determined in good faith by of the Company's Board of Directors) of one Warrant Share of the type in question’s Common Stock.

No Fractional Shares or Scrip. No fractional shares Shares or scrip representing fractional shares Shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares Shares the Company shall make a cash payment therefor on the basis of the fair market value (as of a Share determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in questionaccordance with Section 4.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in . In lieu of such any fractional shares share to which the Holder would otherwise be entitled, the Company shall make a cash payment therefor on the basis of equal to the fair market value (as multiplied by such fraction or, at the Company’s option, round such fractional share to the nearest whole share. The fair market value shall be determined in good faith by the Company's ’s Board of Directors) of one Warrant Share of the type in question.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on the basis of the fair market value (of the Company's Common Stock as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in question.

No Fractional Shares or Scrip. No The Company shall not issue any fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in . In lieu of such any fractional shares share to which the Holder would otherwise be entitled, the Company shall make a cash payment therefor on the basis of equal to the fair market value (as of one share of common stock determined in good faith accordance with Section 3 multiplied by the Company's Board of Directors) of one Warrant Share of the type in questionsuch fraction.

No Fractional Shares or Scrip. No fractional shares Shares or scrip representing fractional shares Shares shall be issued upon the exercise or cancellation of rights under this any Warrant, but in lieu of such fractional shares Shares the Company shall make a cash payment therefor on the basis of the fair market value (as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in questionFair Market Value thereof.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in . In lieu of such any fractional shares share to which the Holder would otherwise be entitled, the Company shall make a cash payment therefor on the basis of equal to the fair market value (as determined in good faith multiplied by the Company's Board of Directors) of one Warrant Share of the type in questionsuch fraction.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on upon the basis of the then fair market value (as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in questionShare.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in Option. In lieu of such issuance of a fractional shares share upon any exercise hereunder, the Company shall make a will either round up to nearest whole number of shares or pay the cash payment therefor value of that fractional share calculated on the basis of the fair market value Fair Market Value (as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in questiondefined below).

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on the basis of therefor, proportional to the fair market value (of a share, as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type Directors in questiongood faith.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on the basis of the fair market value (of the Company’s Series D’ Preferred Stock as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in questionpursuant to Section 5 above.

No Fractional Shares or Scrip. No fractional shares or scrip representing requesting fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant. With respect to any fraction of a share called for upon the exercise of this Warrant, but in lieu an amount equal to such fraction multiplied by the then current value of such fractional shares the Company shall make a cash payment therefor on the basis share of the fair market value Warrant Common Stock (as determined in good faith by the Company's Board of Directors) of one Warrant Share Directors of the type Company) shall be paid to the Holder hereof in questioncash by the Company.

No Fractional Shares or Scrip. No fractional shares Shares or scrip representing fractional shares Shares shall be issued upon the exercise or cancellation of the Warrantholder's rights under this Warrantto purchase Shares, but in lieu of such fractional shares Shares the Company Corporation shall make a cash payment therefor on upon the basis of the then current fair market value (as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in questionShares.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in . In lieu of such any fractional shares to which the Holder would otherwise be entitled, the Company shall make a cash payment therefor on the basis of equal to the fair market value (as determined in good faith of a share multiplied by the Company's Board of Directors) of one Warrant Share of the type in questionsuch fraction.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in . In lieu of such any fractional shares share to which the Holder would otherwise be entitled, the Company shall make a cash payment therefor on the basis of equal to the fair market value (as multiplied by such fraction or, at the Company's option, round such fractional share to the nearest whole share. The fair market value shall be determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in question.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on the basis of the fair market value (of the Company’s Series D Preferred Stock as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in questionpursuant to Section 5 above.

No Fractional Shares or Scrip. No fractional shares Shares or scrip representing fractional shares Shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares Shares the Company shall make a cash payment therefor on the basis of the fair market value (as of a Share determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in questionaccordance with SECTION 4.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in . In lieu of such any fractional shares share to which the Holder would otherwise be entitled, the Company shall make a cash payment therefor on the basis of equal to the fair market value (as determined in good faith by the Company's Board of Directors) of one share of Warrant Share of the type in questionStock multiplied by such fraction.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on the basis of the fair market value (of the Company’s Common Stock as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type manner set forth in questionSection 3.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of rights under this Warrant, but in lieu of such fractional shares the Company shall make a cash payment therefor on the basis of the fair market value (of the Company’s Series E Preferred Stock as determined in good faith by the Company's Board of Directors) of one Warrant Share of the type in questionpursuant to Section 6 above.

No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued upon the exercise or cancellation of the rights under this Warrant, but in . In lieu of such fractional shares share to which the Holder would otherwise be entitled, the Company shall make a cash payment therefor on the basis of equal to the fair market value (as determined in good faith of a Share multiplied by the Company's Board of Directors) of one Warrant Share of the type in questionsuch fraction.