No Fractional Warrants or Shares. No fractional Warrants will be issued hereunder. Additionally, notwithstanding any provision contained in this Warrant Agreement to the contrary, the Company shall not issue fractional shares upon exercise of Warrants. If, by reason of any adjustment made pursuant to this Section 4, the holder of any Warrant would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up to the nearest whole number of shares of Common Stock to be issued to the Warrant holder.
Appears in 4 contracts
Samples: Warrant Agreement (Nesco Holdings, Inc.), Warrant Agreement (Capitol Investment Corp. IV), Warrant Agreement (Capitol Acquisition Corp. III)
No Fractional Warrants or Shares. No fractional Warrants will be issued hereunder. Additionally, notwithstanding Notwithstanding any provision contained in this Warrant Agreement to the contrary, the Company shall not issue fractional shares of Common Stock upon exercise of Warrants. If, by reason of any adjustment made pursuant to this Section 4, the holder of any Warrant Warrants would be entitled, upon the exercise of such WarrantWarrants, to receive in respect of all such Warrants so exercised a number of shares of Common Stock that includes a fractional interest in a share, the Company shall, upon such exercise, round up down, to the nearest whole number of shares, the number of shares of Common Stock to be issued to the Warrant holder.
Appears in 4 contracts
Samples: Warrant Agreement (Northern Genesis Acquisition Corp. III), Form of Warrant Agreement (Northern Genesis Acquisition Corp. III), Warrant Agreement (Northern Genesis Acquisition Corp. II)
No Fractional Warrants or Shares. No fractional Warrants will be issued hereunder. Additionally, notwithstanding any provision contained in this Warrant Agreement to the contrary, the Company shall not issue fractional shares upon exercise of Warrants. Accordingly, a holder must exercise two warrants to receive a share of Common Stock. If, by reason of any adjustment made pursuant to this Section 4, the holder of any Warrant would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the Company shall, upon such exercise, round up to the nearest whole number of shares of Common Stock to be issued to the Warrant holder.
Appears in 2 contracts
Samples: Warrant Agreement (PMV Acquisition Corp.), Warrant Agreement (PMV Acquisition Corp.)
No Fractional Warrants or Shares. No fractional Warrants will be issued hereunder. Additionally, notwithstanding Notwithstanding any provision contained in this Warrant Agreement to the contrary, the Company shall not issue fractional shares of Ordinary Shares upon exercise of Warrants. If, by reason of any adjustment made pursuant to this Section 4, the holder of any Warrant Warrants would be entitled, upon the exercise of such WarrantWarrants, to receive in respect of all such Warrants so exercised a number of shares of Ordinary Shares that includes a fractional interest in a share, the Company shall, upon such exercise, round up down, to the nearest whole number of shares, the number of shares of Common Stock Ordinary Shares to be issued to the Warrant holder.
Appears in 1 contract
Samples: Warrant Agreement (Translational Development Acquisition Corp.)
