No Fractional Warrants Other Than as Part of Units Sample Clauses

No Fractional Warrants Other Than as Part of Units. The Company shall not issue fractional Warrants other than as part of the Units, each of which is comprised of one share of Common Stock and one-half of one Public Warrant. If, upon the detachment of Public Warrants from Units or otherwise, a holder of Warrants would be entitled to receive a fractional Warrant, the Company shall round down to the nearest whole number the number of Warrants to be issued to such holder.
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No Fractional Warrants Other Than as Part of Units. The Company shall not issue fractional Warrants other than as part of Units, each of which is comprised of one share of Common Stock and one-
No Fractional Warrants Other Than as Part of Units. Section 2.5 of the Existing Warrant Agreement is hereby deleted and replaced with the following:
No Fractional Warrants Other Than as Part of Units. The Company shall not issue fractional Warrants other than as part of Units, each of which is comprised of one share of Common Stock and one-quarter of one Public Warrant, or Forward Purchase Units, each of which is comprised of one share of Common Stock and one-quarter of one Forward Purchase Warrant. If, upon the detachment of Public Warrants from Units, Forward Purchase Warrants from Forward Purchase Units or otherwise, a holder of Warrants would be entitled to receive a fractional Warrant, the Company shall round down to the nearest whole number the number of Warrants to be issued to such holder.
No Fractional Warrants Other Than as Part of Units. The Company shall not issue fractional Warrants. 3.
No Fractional Warrants Other Than as Part of Units. The Company shall not issue fractional Warrants other than as part of Units and Private Placement Units, each of which is comprised of one share of Common Stock and three-fourths of one Warrant. If, upon the detachment of Warrants from Units or Private Placement Units, as applicable, or otherwise, a holder of Warrants would be entitled to receive a fractional Warrant, the Company shall round down to the nearest whole number the number of Warrants to be issued to such holder. Accordingly, and for the avoidance of doubt, a holder of Warrants must purchase at least two Units or Private Placement Units, as applicable, in order to receive and/or trade a whole Warrant.
No Fractional Warrants Other Than as Part of Units. The Company shall not issue fractional Warrants other than as part of the Units, each of which is comprised of one Ordinary Share and one Public Warrant exercisable for one-half of an Ordinary Share (provided that if the Company has not consummated its initial Business combination within 18 months from the closing of the offering contemplated by the Prospectus, each warrant will entitle the holder thereof to purchase three-quarters of one Ordinary Share). If, upon the detachment of Public Warrants from Units or otherwise, a holder of Warrants would be entitled to receive a fractional Warrant, the Company shall round down to the nearest whole number the number of Warrants to be issued to such holder.
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Related to No Fractional Warrants Other Than as Part of Units

  • No Fractional Shares Notwithstanding any provision contained in this Agreement to the contrary, the Company shall not issue fractional shares of Common Stock upon the 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 down to the nearest whole number the number of shares of Common Stock to be issued to such holder.

  • No Fractional Shares or Scrip No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. As to any fraction of a share 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.

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