Fractional Common Shares. (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded down).
Appears in 19 contracts
Samples: Warrant Agency Agreement (PreTam Holdings Inc.), Warrant Agency Agreement (Siyata Mobile Inc.), Warrant Agency Agreement (1847 Holdings LLC)
Fractional Common Shares. (a) The Company shall not issue fractions of Warrants or distribute a Global Warrant or Warrant Certificates which that evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction either up or down to the nearest whole Warrant (rounded down)Warrant.
Appears in 3 contracts
Samples: Warrant Agency Agreement (XORTX Therapeutics Inc.), Warrant Agency Agreement (XORTX Therapeutics Inc.), Warrant Agency Agreement (XORTX Therapeutics Inc.)
Fractional Common Shares. (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded downup).
Appears in 1 contract
Samples: Warrant Agency Agreement (Algernon Pharmaceuticals Inc.)
Fractional Common Shares. (a) The Company shall not issue fractions of Common Share Purchase Warrants or Pre-Funded Warrants or distribute Warrant Certificates which evidence fractional Common Share Purchase Warrants or Pre-Funded Warrants. Whenever any fractional Common Share Purchase Warrant or Pre-Funded Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded downup).
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