Common use of No Fractional Shares Clause in Contracts

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 958 contracts

Samples: Exercise Agreement (Mag Mile Capital, Inc.), Form of Exercise Agreement (Myson, Inc.), Exercise Agreement (Maverick Energy Group, Ltd.)

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No Fractional Shares. No fractional shares of Common Stock are to -------------------- be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 21 contracts

Samples: Exercise Agreement (Aura Systems Inc), Warrant And (Eastwind Group Inc), Warrant And (Eastwind Group Inc)

No Fractional Shares. No fractional shares of Common Stock are to will be issued upon the in connection with any exercise of this Warrant. In lieu of any fractional shares which would otherwise be issuable, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in the Holder an amount of cash equal to the same product of such fraction multiplied by the closing price of the Market Price of a one share of Common Stock as reported on the date principal trading market for the Common Stock on the Date of such exerciseExercise.

Appears in 19 contracts

Samples: Securities Purchase Agreement (Metabolix, Inc.), Securities Purchase Agreement (GTX Inc /De/), Securities Purchase Agreement (Vermillion, Inc.)

No Fractional Shares. No fractional shares of Common Stock are to will be issued upon the in connection with any exercise hereunder. In lieu of this Warrantany fractional shares which would otherwise be issuable, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same product of such fraction multiplied by the fair market value of the Market Price of a one share of Common Stock on the date of such exercise, as determined in good faith by the Company's Board of Directors.

Appears in 16 contracts

Samples: Purchase and Sale Agreement (Windrose Medical Properties Trust), Second Warrant and Senior Subordinated Convertible Note Purchase Agreement (Dynacs Inc), Promotion Agreement (Metra Biosystems Inc)

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the average Market Price of a per share of Common Stock on for the five (5) Trading Days immediately prior to the date of such exercise.

Appears in 15 contracts

Samples: Miller Petroleum Inc, Miller Petroleum Inc, Miller Petroleum Inc

No Fractional Shares. No fractional shares of Common Stock are to will be issued upon the exercise of in connection with any subscription under this Warrant. In lieu of any fractional shares which would otherwise be issuable, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same product of such fraction multiplied by the fair market value of the Market Price of a one share of Common Stock on the date of such exerciseexercise as determined in good faith by the Company's Board of Directors.

Appears in 15 contracts

Samples: Warrant And (Finet Com Inc), Warrant And (Finet Com Inc), Warrant And (Imatron Inc)

No Fractional Shares. No fractional shares of Common -------------------- Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 14 contracts

Samples: Securities Purchase Agreement (Knickerbocker L L Co Inc), Med Gen Inc, Med Gen Inc

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price current market value of a share of Common Stock Stock, which current market value shall be the last reported sale price (determined as provided in Paragraph 4(e) hereof) on the Trading Day immediately preceding the date of such the exercise.

Appears in 11 contracts

Samples: Source Media Inc, Source Media Inc, Source Media Inc

No Fractional Shares. No fractional shares of Common Stock are to shall be issued upon the in connection with any exercise of this Warrant. In lieu of any fractional shares which would otherwise be issuable, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in the Holder an amount of cash equal to the same product of such fraction multiplied by the Fair Market Value of the Market Price of a one share of Common Stock on the date Date of such exerciseExercise.

Appears in 9 contracts

Samples: OncoCyte Corp, OncoCyte Corp, OncoCyte Corp

No Fractional Shares. No fractional shares of Common Stock are to be -------------------- issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Electric Fuel Corp), Securities Purchase Agreement (Electric Fuel Corp), Torbay Holdings Inc

No Fractional Shares. No fractional shares of Common Stock are to will be issued upon the in connection with any exercise of this Warrant. In lieu of any fractional shares that would otherwise be issuable, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in the Holder an amount of cash equal to the same product of such fraction multiplied by the closing price of the Market Price of a one share of Common Stock as reported on the date principal trading market for the Common Stock on the Date of such exerciseExercise.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Vermillion, Inc.), Securities Purchase Agreement (Biolase, Inc), Securities Purchase Agreement (Vermillion, Inc.)

No Fractional Shares. No fractional shares of Common Stock are -------------------- to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 6 contracts

Samples: Aastrom Biosciences Inc, Airtech International Group Inc, Aastrom Biosciences Inc

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the average Market Price of a per share of the Common Stock on for the five (5) Trading Days immediately prior to the date of such exercise.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Sinofresh Healthcare Inc), Provectus Pharmaceuticals Inc, Sinofresh Healthcare Inc

No Fractional Shares. No fractional shares of Common Stock are to be ---------------------- issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 6 contracts

Samples: Mt Ultimate Healthcare Corp, Marketcentral Net Corp, Amanda Co Inc

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price closing bid price of a share of Common Stock on the Principal Market on the date of such exercise.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Simtek Corp), Securities Purchase Agreement (Bam Entertainment Inc), Securities Purchase Agreement (Bam Entertainment Inc)

No Fractional Shares. No fractional shares of Common Stock are to shall be issued upon the exercise of this Warrant. As to any fraction of a share of Common Stock which the Holder would otherwise be entitled to purchase upon such exercise, but the Company shall shall, at its election, either pay a cash adjustment in respect of any fractional share which would otherwise be issuable such final fraction in an amount equal to such fraction multiplied by the same fraction of Exercise Price or round to the Market Price of a nearest whole share of Common Stock on the date of such exerciseStock.

Appears in 5 contracts

Samples: Hancock Jaffe Laboratories, Inc., Hancock Jaffe Laboratories, Inc., Cure Pharmaceutical Holding Corp.

No Fractional Shares. No fractional shares of Common Stock are to will be issued upon the in connection with any exercise of this Warrant. In lieu of any fractional shares which would, but otherwise be issuable, the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market Price of a share of Common Stock on the date of such exercise.

Appears in 4 contracts

Samples: Underwriting Agreement (BioNano Genomics, Inc), Underwriting Agreement (BioNano Genomics, Inc), Underwriting Agreement (General Employment Enterprises Inc)

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share shares which would otherwise be issuable in an amount equal to the same fraction of the Market Price (as defined herein) of a share of Common Stock on the date of such exercise.

Appears in 4 contracts

Samples: Securities Purchase Agreement (New Visual Entertainment Inc), Registration Rights Agreement (New Visual Entertainment Inc), Bright Technologies Com Inc

No Fractional Shares. No fractional shares of the Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of the Common Stock on the date of such exercise.

Appears in 4 contracts

Samples: Lifepoint Inc, Lifepoint Inc, Lifepoint Inc

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on Stock; PROVIDED that in the date event that sufficient funds are not legally available for the payment of such exercisecash adjustment any fractional shares of Common Stock shall be rounded up to the next whole number.

Appears in 3 contracts

Samples: Bridge Loan Warrant Agreement (Styleclick Inc), Stock Purchase Warrant (Greenlight Capital LLC), Bridge Loan Warrant Agreement (Usani LLC)

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Class A Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the average Market Price of a per share of the Common Stock on for the five (5) Trading Days immediately prior to the date of such exercise.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Trestle Holdings, Inc.), Viscorp, Inc., Viscorp, Inc.

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this WarrantInvestment Option, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Ari Network Services Inc /Wi), Cybercash Inc, Cybercash Inc

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Class B Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the average Market Price of a per share of the Common Stock on for the five (5) Trading Days immediately prior to the date of such exercise.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Trestle Holdings, Inc.), Viscorp, Inc., Viscorp, Inc.

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on Stock; provided that in the date event that sufficient funds are not legally available for the payment of such exercisecash adjustment any fractional shares of Common Stock shall be rounded up to the next whole number.

Appears in 3 contracts

Samples: Bridge Loan Warrant Agreement (Usani LLC), Securities Purchase Agreement (Lasersight Inc /De), Rights Agreement (Intel Corp)

No Fractional Shares. No fractional shares of Common Stock are to shall be issued upon the exercise of this Warrant. In lieu of any fractional shares to which the Holder would otherwise be entitled, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same product of such fraction multiplied by the per share Market Value of the Market Price of a one share of Common Stock on the date of such exercise.

Appears in 3 contracts

Samples: Morgan Beaumont, Inc., Agreement and Plan of Merger (Procare Industries LTD), Morgan Beaumont Inc

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this WarrantOption, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Exercise Price of a share of Common Stock on the date of such exercise.

Appears in 2 contracts

Samples: Employment Agreement (Cowlitz Bancorporation), Option Agreement (Cowlitz Bancorporation)

No Fractional Shares. No fractional shares of Common Stock are to -------------------- be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on Stock; provided that in the date event that sufficient funds are not legally available for the payment of such exercisecash adjustment any fractional shares of Common Stock shall be rounded up to the next whole number.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Odetics Inc), Stock Purchase Warrant (Grace Development Inc)

No Fractional Shares. No fractional shares of Common Stock are to shall be issued upon the exercise of this Warrant. As to any fraction of a share of Common Stock which the Holder would otherwise be entitled to purchase upon such exercise, but the Company shall shall, at its election, either pay a cash adjustment in respect of any fractional share which would otherwise be issuable such final fraction in an amount equal to such fraction multiplied by the same fraction of Exercise Price or round up to the Market Price of a next whole share of Common Stock on the date of such exerciseStock.

Appears in 2 contracts

Samples: Vincerx Pharma, Inc., Joinder Agreement (Avantor, Inc.)

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but but, at the option of the Company, the Company either (i) shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exerciseexercise or (ii) shall round up such fraction to the next whole number of shares of Common Stock.

Appears in 2 contracts

Samples: Softnet Systems Inc, Softnet Systems Inc

No Fractional Shares. No fractional shares of Common Stock -------------------- are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 2 contracts

Samples: Epicus Communications Group Inc, Eastwind Group Inc

No Fractional Shares. No fractional shares of Common Stock are to be issued ---------------------- upon the exercise of this Warrant, but the Company shall pay a cash adjustment - in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.. -

Appears in 2 contracts

Samples: Imaging Technologies Corp/Ca, Imaging Technologies Corp/Ca

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Fixed Exercise Price of a share of Common Stock on the date of such exercise.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Vital Living Products Inc), Vital Living Products Inc

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Warrant Price of a share of Common Stock on the date of such exercise.

Appears in 2 contracts

Samples: Precision Optics Corporation Inc, Precision Optics Corporation Inc

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price current market value of a share of Common Stock Stock, which current market value shall be the last reported sale price (determined as provided in PARAGRAPH 4(E) hereof) on the Trading Day immediately preceding the date of such the exercise.

Appears in 2 contracts

Samples: Texoil Inc /Nv/, Santa Fe Energy Trust

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Closing Price of a share of Common Stock on the date of such exercise.

Appears in 1 contract

Samples: Smartserv Online Inc

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on Stock; provided that in the date of such exercise.event that

Appears in 1 contract

Samples: Rights Agreement (Intel Corp)

No Fractional Shares. No fractional shares of Common Stock are to -------------------- be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in other rights; -in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 1 contract

Samples: Eastwind Group Inc

No Fractional Shares. No fractional shares of Common Stock are to --------------------- be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price closing price of a share of the Company's Common Stock on the date of such exercise.

Appears in 1 contract

Samples: Nettaxi Inc

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No Fractional Shares. No fractional shares of Class A Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Class A Common Stock on the date of such exercise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Base Ten Systems Inc)

No Fractional Shares. No fractional shares of Common Stock are -------------------- to be issued upon the exercise of this WarrantNote, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on Stock; provided that in the date event that sufficient funds are not legally available for the payment of such exercisecash adjustment any fractional shares of Common Stock shall be rounded up to the next whole number.

Appears in 1 contract

Samples: Securities Purchase Agreement (Odetics Inc)

No Fractional Shares. No fractional shares of Common Stock are to shall be issued upon in connection with the exercise of this Warrant. In lieu of any fractional shares which would otherwise be issuable, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date product of such exercisefraction multiplied by the fair market value of one Share as determined in accordance with the valuation provisions set forth in Section 2.2.

Appears in 1 contract

Samples: Regen Biologics Inc

No Fractional Shares. No fractional shares of Common Stock -------------------- are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on Stock; provided that in the date event that sufficient funds are not legally available for the payment of such exercisecash adjustment any fractional shares of Common Stock shall be rounded up to the next whole number.

Appears in 1 contract

Samples: Securities Purchase Agreement (Odetics Inc)

No Fractional Shares. No fractional shares Shares of Common Stock are to will be issued upon the in connection with any exercise of this Interim Warrant. In lieu of any fractional Shares which would otherwise be issuable, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same product of such fraction multiplied by the fair market value of the Market Price of a one share of Common Stock on the date of such exerciseexercise as determined in good faith by the Company.

Appears in 1 contract

Samples: Loan and Investment Agreement (Redline Performance Products Inc)

No Fractional Shares. No fractional shares of Common Stock are to will be issued upon the exercise of this the Warrant, but the Company shall will pay a cash adjustment in respect of any fractional fraction of a share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a fair market value per share of Common Stock on the date day of such exerciseexercise as determined in good faith by the Company.

Appears in 1 contract

Samples: Security Agreement (Health Fitness Corp /Mn/)

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.respect

Appears in 1 contract

Samples: Hearx LTD

No Fractional Shares. No fractional shares of Common Stock are to shall be issued upon in connection with the exercise of this Warrant. In lieu of any fractional shares which would otherwise be issuable, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date product of such exercisefraction multiplied by the fair market value of one Share as determined in accordance with Section 3.2.

Appears in 1 contract

Samples: Regen Biologics Inc

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.. (o) (p)

Appears in 1 contract

Samples: Netplex Group Inc

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exerciseissuable.

Appears in 1 contract

Samples: Exercise Agreement (Biogold Fuels CORP)

No Fractional Shares. No fractional shares of Common Stock are to shall be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which that would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 1 contract

Samples: Aviation Holdings Group Inc/Fl

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 1 contract

Samples: Egpi Firecreek, Inc.

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this WarrantOption, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 1 contract

Samples: Infotopia Inc

No Fractional Shares. No fractional shares of Common Stock are ---------------------- to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 1 contract

Samples: Nettaxi Inc

No Fractional Shares. No fractional shares of Common Stock Shares are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price value of a share of Common Stock (as reasonably determined by the Board of Directors) on the date of such exercise.

Appears in 1 contract

Samples: Exercise Agreement (Enthrust Financial Services Inc)

No Fractional Shares. No fractional shares of Common Stock are to will be issued upon the in connection with any exercise of this Warrant. In lieu of any fractional shares which would otherwise be issuable, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in the Holder an amount of cash equal to the same product of such fraction multiplied by the Fair Market Value of the Market Price of a one share of Common Stock on the date Date of such exerciseExercise.

Appears in 1 contract

Samples: Securities Purchase Agreement (GTX Inc /De/)

No Fractional Shares. No fractional shares of Common Stock are -------------------- to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on Stock; provided that in the date event that sufficient funds are not legally available for the payment of such exercisecash adjustment any fractional shares of Common Stock shall be rounded up to the next whole number.

Appears in 1 contract

Samples: Securities Purchase Agreement (Odetics Inc)

No Fractional Shares. No fractional shares of Common Stock are to will be issued upon the in connection with any exercise of this Warrant. In lieu of any fractional shares which would otherwise be issuable, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in the Holder an amount of cash equal to the same product of such fraction multiplied by the Fair Market Value of the Market Price of a one share of Common Stock on as of the date Date of such exerciseExercise.

Appears in 1 contract

Samples: Securities Purchase Agreement (GTX Inc /De/)

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Class A Warrant, but the Company Corporation shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the average Market Price of a per share of the Common Stock on for the five (5) Trading Days immediately prior to the date of such exercise.

Appears in 1 contract

Samples: Securities Purchase Agreement (FUND.COM Inc.)

No Fractional Shares. No fractional shares of Common Stock are to -------------------- be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Average Price of a share of Common Stock on the date of such exercise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Identix Inc)

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which that would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 1 contract

Samples: American Superconductor Corp /De/

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price current market value of a share of Common Stock Stock, which current market value shall be the last reported sale price (determined as provided in Paragraph 4(e) hereof) on the Trading Day immediately preceding the date of such exercisethe exercise as reasonably determined by the Company.

Appears in 1 contract

Samples: Exercise Agreement (Worldquest Networks Inc)

No Fractional Shares. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price (as defined below) of a share of Common Stock on the date of such exercise.

Appears in 1 contract

Samples: Lidak Pharmaceuticals

No Fractional Shares. No fractional shares of Common Stock ---------------------- are to be issued upon the exercise of this Warrant, but the Company shall pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction of the Market Price of a share of Common Stock on the date of such exercise.

Appears in 1 contract

Samples: Exercise Agreement (Amnis Systems Inc)

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