Common use of No Fractional Shares Clause in Contracts

No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will pay the cash value of any such fractional share, calculated on the basis of the Warrant Price.

Appears in 22 contracts

Samples: Purchase Agreement (Laredo Oil, Inc.), Warrant Purchase Agreement (Gric Communications Inc), Purchase Agreement (Laredo Oil, Inc.)

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No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, such fraction shall be rounded upwards or downwards to the Company will pay the cash value of any such fractional share, calculated on the basis of the Warrant Pricenearest whole number.

Appears in 17 contracts

Samples: Thirteenth Amendment Agreement (Aura Systems Inc), Registration Rights Agreement (Icm Asset Management Inc/Wa), Thirteenth Amendment Agreement (Icm Asset Management Inc/Wa)

No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will pay the cash value of any such fractional share, calculated on the basis of the Warrant Exercise Price.

Appears in 10 contracts

Samples: Inferx Corp, Champions Sports Inc, Inferx Corp

No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant in whole or in part, a fraction of a share resultswould otherwise result, the Company will pay the cash value then in lieu of any such fractional share, calculated on the basis Company shall pay to Holder an amount in cash equal to such fraction of a share multiplied by the applicable Warrant Price.

Appears in 9 contracts

Samples: Purchase Agreement (Robinhood Markets, Inc.), Purchase Agreement (Robinhood Markets, Inc.), Security Agreement (ArcLight Clean Transition Corp.)

No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant in whole or in part, a fraction of a share resultswould otherwise result, the Company will pay the cash value then in lieu of any such fractional share, calculated on the basis Company shall pay to Holder an amount in cash equal to such fraction of a share multiplied by the Fair Market Value of a Warrant Share as of the Warrant Priceeffective date of such exercise.

Appears in 9 contracts

Samples: Purchase Agreement (Tiptree Inc.), Purchase Agreement (Tiptree Inc.), Purchase Agreement (Tiptree Inc.)

No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will pay an amount equal to the cash value such fraction multiplied by the Fair Market Value of any such fractional share, calculated on the basis a share of the Warrant PriceStock.

Appears in 7 contracts

Samples: Common Stock Purchase Agreement (Icm Asset Management Inc/Wa), Rights Agreement (Icm Asset Management Inc/Wa), Registration Rights Agreement (Cross Media Marketing Corp)

No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will pay to the cash value Holder an amount equal to the such fraction multiplied by the Fair Market Value of any such fractional share, calculated on the basis a share of the Warrant PriceStock.

Appears in 6 contracts

Samples: Investors’ Rights Agreement (KFX Inc), Investors’ Rights Agreement (KFX Inc), Westcliff Capital Management LLC/Ca

No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will pay the cash value of any such fractional share, calculated on the basis of the then-effective Warrant Price.

Appears in 5 contracts

Samples: Purchase Agreement (24/7 Real Media Inc), Waechter Joseph, 24/7 Media Inc

No Fractional Shares. No fractional shares may be issued upon -------------------- any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will pay the cash value of any such fractional share, calculated on the basis of the Warrant Price.

Appears in 5 contracts

Samples: Note and Warrant Purchase Agreement (Lexar Media Inc), Convertible Note and Warrant Purchase Agreement (Lexar Media Inc), Homestore Com Inc

No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will pay the cash value of any such fractional share, calculated on the basis of the Warrant Price.

Appears in 5 contracts

Samples: General Security Agreement (ADESTO TECHNOLOGIES Corp), Letter Agreement (SuccessFactors, Inc.), General Security Agreement (ADESTO TECHNOLOGIES Corp)

No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will pay the cash value of any such fractional share, calculated on the basis of the difference between the Fair Market Value and the Warrant Price.

Appears in 4 contracts

Samples: Neuro-Hitech Pharmaceuticals Inc, Neuro-Hitech Pharmaceuticals Inc, Neuro-Hitech, Inc.

No Fractional Shares. No fractional shares may be issued upon any exercise of this WarrantWarrant or as a consequence of any adjustment pursuant to Section 7, and any fractions shall be rounded down upwards to the nearest whole number of shares. If upon any exercise or adjustment of this Warrant a fraction of a share results, the Company will pay to the Holder the cash value of any such fractional share, calculated on the basis of the Warrant Exercise Price.

Appears in 4 contracts

Samples: Credit Agreement and Guaranty (BioXcel Therapeutics, Inc.), Credit Agreement and Guaranty (BioXcel Therapeutics, Inc.), Athenex, Inc.

No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of sharesshares to determine the number of shares to be issued upon such exercise. If upon any exercise of this Warrant a fraction of a share resultswould otherwise result but for the prior sentence, the Company will pay the cash value of any such fractional share, calculated on the basis of the Warrant PriceFair Market Value of a share.

Appears in 4 contracts

Samples: Warrant (Clean Diesel Technologies Inc), Large Scale Biology Corp, Superconductor Technologies Inc

No Fractional Shares. No fractional shares may be issued upon any -------------------- exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will pay the cash value of any such fractional share, calculated on the basis of the Warrant Price.

Appears in 3 contracts

Samples: Homestore Com Inc, Homestore Com Inc, Homestore Com Inc

No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will shall pay the cash value of any such fractional share, calculated on the basis of the Warrant Price.

Appears in 2 contracts

Samples: Share Purchase Agreement (Lecroy Corp), Lecroy Corp

No Fractional Shares. No fractional shares may will be issued upon any -------------------- exercise of rights to purchase under this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will pay the cash value of any such that fractional share, calculated on the basis of the Warrant Price.

Appears in 2 contracts

Samples: Shareholders' Agreement (SQL Financials International Inc /De), Clarus Corp

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No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will pay to the cash value Holder an amount equal to such fraction multiplied by the Fair Market Value of any such fractional share, calculated on the basis a share of the Warrant PriceStock.

Appears in 2 contracts

Samples: Common Stock and Warrant Purchase Agreement (KFX Inc), Common Stock and Warrant Purchase Agreement (KFX Inc)

No Fractional Shares. No fractional shares may be issued -------------------- upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will pay the cash value of any such fractional share, calculated on the basis of the Warrant Price.

Appears in 1 contract

Samples: Homestore Com Inc

No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will Company, in lieu of issuance of any fractional shares, shall pay the Holder the cash value of any such fractional share, calculated on by multiplying the basis then current fair market price value of the a share of Warrant PriceStock by such fraction.

Appears in 1 contract

Samples: Salmedix Inc

No Fractional Shares. No fractional shares may be issued upon any -------------------- exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will pay to the cash value Holder an amount equal to the such fraction multiplied by the Fair Market Value of any such fractional share, calculated on the basis a share of the Warrant PriceStock.

Appears in 1 contract

Samples: Rights Agreement (KFX Inc)

No Fractional Shares. No fractional shares may shall be issued upon any the exercise of this Warrant. In lieu of issuing fractional shares, and any fractions the Company shall be rounded down round up to the nearest whole share the number of shares. If Warrant Shares due upon any exercise of this Warrant a fraction of a share results, the Company will pay the cash value of any such fractional share, calculated on the basis of the Warrant PriceWarrant.

Appears in 1 contract

Samples: Mgi Pharma Inc

No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will company shall pay the cash value of any such fractional share, calculated on the basis of the Warrant Price.

Appears in 1 contract

Samples: Lecroy Corp

No Fractional Shares. No fractional shares may be issued upon any exercise or conversion of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise or conversion of this Warrant a fraction of a share results, the Company will pay the cash value of any such fractional share, calculated on the basis of the then fair market value of a share of Warrant PriceStock determined in good faith by the Board of Directors of the Company.

Appears in 1 contract

Samples: www.tmura.org

No Fractional Shares. No fractional shares may or script representing fractional shares shall be issued upon the exercise of the Warrant. With respect to any fraction of a Warrant Share required to be issued upon any exercise of this the Warrant, and any fractions shall be rounded down to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will shall pay to the Holder an amount in cash value equal to such fraction multiplied by the then Fair Market Value of any such fractional share, calculated on the basis of the Warrant PriceShare.

Appears in 1 contract

Samples: Warrant Agreement (Eyetech Pharmaceuticals Inc)

No Fractional Shares. No fractional shares may representing fractional shares shall be issued upon the exercise of this Warrant. With respect to any fraction of a share called for upon the exercise of this Warrant, and any fractions an amount equal to such fraction multiplied by the then current price at which each Share may be purchased hereunder shall be rounded down paid in cash to the nearest whole number of shares. If upon any exercise of this Warrant a fraction of a share results, the Company will pay the cash value of any such fractional share, calculated on the basis of the Warrant PriceHolder.

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (Glori Acquisition Corp.)

No Fractional Shares. No fractional shares may be issued upon any exercise of this Warrantthe Warrants, and any fractions shall be rounded down upwards to the nearest whole number of sharesshares of Common Stock. If upon any exercise of this Warrant the Warrants a fraction of a share results, the Company will pay to the applicable Registered Holder the cash value of any such fractional share, calculated on the basis of the Warrant PriceMarket Price (where the Valuation Date for purposes of calculating the Market Price is the Exercise Date).

Appears in 1 contract

Samples: Warrant Agreement (Casa Systems Inc)

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