Fractional Interest. The Company shall not be required to issue fractional Shares or securities upon the exercise of the Soliciting Dealer Warrant. If any such fractional Share would, except for the provisions of this Section 9, be issuable upon the exercise of the Soliciting Dealer Warrant (or specified portion thereof), the Company may, at its election, pay an amount in cash equal to the then current market price multiplied by such fraction. For purposes of this Agreement, the term "
Appears in 16 contracts
Samples: Warrant Purchase Agreement (Inland Monthly Income Fund Iii Inc), Warrant Purchase Agreement (Wells Real Estate Investment Trust Inc), Warrant Purchase Agreement (CNL Health Care Properties Inc)
Fractional Interest. The Company shall not be required to issue fractional Shares or securities upon the exercise of the Soliciting Dealer WarrantWarrants. If any such fractional Share Shares would, except for the provisions of this Section 9, be issuable upon the exercise of the Soliciting Dealer Warrant Warrants (or any specified portion thereof), the Company may, at its election, pay an amount in cash equal to the then current market price per Share multiplied by such fraction. For purposes of this Agreement, the term "
Appears in 7 contracts
Samples: Warrant Purchase Agreement (Inland Retail Real Estate Trust Inc), Warrant Purchase Agreement (Inland Retail Real Estate Trust Inc), Warrant Purchase Agreement (Inland Retail Real Estate Trust Inc)
Fractional Interest. The Company shall not be required to issue fractional Shares or securities upon the exercise of the Soliciting Dealer WarrantWarrants. If any such fractional Share Shares would, except for the provisions of this Section 9, be issuable upon the exercise of the Soliciting Dealer Warrant Warrants (or any specified portion thereof), the Company may, at its election, pay an amount in cash equal to the then current market price per Share multiplied by such fraction. For purposes of this Agreement, the term "β
Appears in 4 contracts
Samples: Warrant Purchase Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Warrant Purchase Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Warrant Purchase Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)
