Common use of No Fractional Units or Scrip Clause in Contracts

No Fractional Units or Scrip. No fractional units or scrip representing fractional units shall be issued upon the exercise of this Warrant. As to any fraction of a unit 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 4 contracts

Samples: Intuitive Machines, Inc., Intuitive Machines, Inc., Intuitive Machines, Inc.

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No Fractional Units or Scrip. No fractional units or scrip representing fractional units shall be issued upon the exercise of the rights under this Warrant. As In lieu of such fractional unit to any fraction of a unit which the Holder would otherwise be entitled to purchase upon such exerciseentitled, the Company shall, at its election, either pay shall make a cash adjustment in respect of such final fraction in an amount payment equal to such fraction multiplied by the Exercise Price or round up to the next whole sharemultiplied by such fraction.

Appears in 4 contracts

Samples: Triller Corp., Triller Corp., Triller Corp.

No Fractional Units or Scrip. No fractional units Units or scrip representing fractional units Units (or other securities) shall be issued upon the exercise of the rights under this Warrant. As In lieu of such fractional unit to any fraction of a unit which the Holder would otherwise be entitled to purchase upon such exerciseentitled, the Company shall, at its election, either pay shall make a cash adjustment in respect of such final fraction in an amount payment equal to such fraction multiplied by the Exercise Price or round up to the next whole sharemultiplied by such fraction.

Appears in 1 contract

Samples: Pluralsight, Inc.

No Fractional Units or Scrip. No fractional units or scrip representing fractional units shall be issued upon the exercise of this Warrant. As With respect to any fraction of a unit which called for upon the Holder would otherwise be entitled to purchase upon such exerciseexercise of this Warrant, 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 then current price at which each Common Unit may be purchased hereunder shall be paid in cash to the next whole shareHolder.

Appears in 1 contract

Samples: 800 Degrees Go, Inc.

No Fractional Units or Scrip. No fractional units or scrip representing fractional units shall be issued upon the exercise of this Warrant. As to any fraction of a unit which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, 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 shareunit.

Appears in 1 contract

Samples: CrossPoint Energy CO

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No Fractional Units or Scrip. No fractional units Units or scrip representing fractional units shares shall be issued upon the exercise of this Warrant. As to any fraction of a unit Unit 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 shareUnit.

Appears in 1 contract

Samples: Advanced Battery Technologies, Inc.

No Fractional Units or Scrip. No fractional units Units or scrip representing fractional units Units shall be issued upon the exercise of this Warrant. As to any fraction of a unit Unit 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 shareUnit.

Appears in 1 contract

Samples: Nexien Biopharma, Inc.

No Fractional Units or Scrip. No fractional units or scrip representing fractional units shall be issued upon the exercise of this Warrant. As to any fraction of a unit 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 shareunit.

Appears in 1 contract

Samples: WaferGen Bio-Systems, Inc.

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