Fractional Shares Contract Clauses (1,003)

Grouped Into 28 Collections of Similar Clauses From Business Contracts

This page contains Fractional Shares clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Fractional Shares. No fractional shares shall be issued upon the exercise of this Warrant as a consequence of any adjustment pursuant hereto. All Exercise Shares (including fractions) issuable upon exercise of this Warrant may be aggregated for purposes of determining whether the exercise would result in the issuance of any fractional share. If, after aggregation, the exercise would result in the issuance of a fractional share, the Company shall, in lieu of issuance of any fractional share, pay the Holder otherwis...e entitled to such fraction a sum in cash equal to the product resulting from multiplying the then current fair market value of an Exercise Share by such fraction. View More
Found in Progyny, Inc. contract
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Fractional Shares. No fractional shares shall be issued upon the exercise of this Warrant as a consequence of any adjustment pursuant hereto. All Exercise Shares (including fractions) issuable upon exercise of this Warrant may be aggregated for purposes of determining whether the exercise would result in the issuance of any fractional share. If, after aggregation, the exercise would result in the issuance of a fractional share, the Company shall, Holder, in lieu of issuance of any fractional share, pay shall exerc...ise its right to receive the Holder otherwise entitled to such fraction a sum Conversion Amount in cash equal to cash, as provided for in the product resulting from multiplying the then current fair market value of an Exercise Share by such fraction. Agreement. View More
Found in ODYSSEY MARINE EXPLORATION INC contract
Fractional Shares. No fractional shares shall be issued upon the exercise of this Warrant as a consequence of any adjustment pursuant hereto. All Exercise Shares (including fractions) issuable upon exercise of this Warrant may be aggregated for purposes of determining whether the exercise would result in the issuance of any fractional share. If, after aggregation, the exercise would result in the issuance of a fractional share, the Company shall, in lieu of issuance of any fractional share, at its election, either... pay the Holder otherwise entitled to such fraction a sum in cash equal to the product resulting from multiplying the then current fair market value of an Exercise Share by such fraction. fraction or the number of Exercise Shares to be issued shall be rounded up or down, as applicable, to the nearest whole number. View More
Found in CENTRUS ENERGY CORP contract
Fractional Shares. No fractional shares shall be issued upon the exercise of this Warrant as a consequence of any adjustment pursuant hereto. All Exercise Shares shares of Common Stock (including fractions) issuable to be issued upon exercise of this Warrant may shall be aggregated for purposes of determining whether the exercise of this Warrant would result in the issuance of any fractional share. If, after aggregation, the exercise would result in the issuance of a fractional share, the Company shall, in lieu of... issuance of any fractional share, pay the Holder otherwise entitled to such fraction a sum in cash equal to the product resulting from multiplying the then current fair market value of an Exercise Share one share of Common Stock by such fraction. View More
Found in Candel Therapeutics, Inc. contract
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Fractional Shares. In lieu of issuing a fraction of a share upon any exercise of the Option, resulting from an adjustment of the Option pursuant to the Plan or otherwise, the Company will be entitled to pay to the Participant an amount equal to the fair market value of such fractional share.
Found in Chardan Healthcare Acquisition Corp. contract
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Fractional Shares. In lieu of issuing a fraction of a share upon any exercise of the Option, share, resulting from an adjustment of the Option Performance Based Restricted Stock Award pursuant to paragraph 5.2(f) of the Plan or otherwise, the Company will be entitled to pay to the Participant an amount equal to the fair market value of such fractional share.
Found in Chubb Limited contract
Fractional Shares. In lieu of issuing a fraction of a share upon any exercise of the Option, resulting from an adjustment of the Option pursuant to Section 4.4 of the Plan or otherwise, the Company will be entitled to pay to the Participant an amount equal to Grantee the fair market value Fair Market Value of such fractional share.
Found in Dollar Tree contract
Fractional Shares. In lieu of issuing a fraction of a share upon any exercise of the Option, resulting from an adjustment of the Option pursuant to Section 4.2(f) of the Plan or otherwise, the Company will be entitled to pay to the Participant an amount equal to the fair market value of such fractional share.
Found in Hibbett Sports, Inc. contract
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Fractional Shares. Fractional shares shall not be issuable hereunder and, when any provision hereof may entitle Participant to a fractional share, such fraction shall be disregarded.
Found in Community Bankers Trust Corp contract
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Fractional Shares. Fractional shares of Common Stock shall not be issuable hereunder and, hereunder, and when any provision hereof or the Plan may entitle Participant to a fractional share, such fraction shall be disregarded.
Found in NewMarket Corporation contract
Fractional Shares. Fractional shares shall not be issuable hereunder and, hereunder, and when any provision hereof or the Plan may entitle Participant to a fractional share, such fraction shall be disregarded.
Found in SHORE BANCSHARES INC contract
Fractional Shares. Fractional shares of Company Stock shall not be issuable hereunder and, hereunder, and when any provision hereof or the Plan may entitle Participant to a fractional share, such fraction shall be disregarded.
Found in Parkway Acquisition Corp. contract
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Fractional Shares. No fractional shares will be issued in connection with any exercise hereunder, but in lieu of such fractional shares, the Company shall make a cash payment therefor upon the basis of the Warrant Exercise Price then in effect.
Found in JRjr33, Inc. contract
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Fractional Shares. No fractional shares Warrant Shares will be issued in connection with any exercise hereunder, but in lieu of such fractional shares, shares the Company shall make a cash payment therefor upon on the basis of the Warrant Exercise Price then in effect.
Found in RedHawk Holdings Corp. contract
Fractional Shares. No fractional shares of the Company's capital stock will be issued in connection with any exercise hereunder, of this Warrant, but in lieu of such fractional shares, shares the Company shall make a cash payment therefor upon the basis of the Warrant Exercise Price then in effect.
Found in GI DYNAMICS, INC. contract
Fractional Shares. No fractional shares of Preferred Stock or Common Stock will be issued in connection with any exercise hereunder, but in lieu of such fractional shares, shares the Company shall make a cash payment therefor upon the basis of the Warrant Exercise Price then in effect.
Found in BRIGHTCOVE INC contract
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Fractional Shares. The Company shall not be required to issue any fractional Common Shares pursuant to this Plan. The Board may provide for the elimination of fractions or for the settlement of fractions in cash.
Found in WINDSTREAM HOLDINGS, INC. contract
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Fractional Shares. The Company shall not be required to issue any fractional Common Shares pursuant to this Plan. The Board Committee may provide for the elimination of fractions or for the settlement of fractions thereof in cash.
Found in CONSOLIDATED TOMOKA LAND CO contract
Fractional Shares. The Company shall not be required to issue any fractional Common Shares pursuant to this Plan. The Board may provide for the elimination of fractions fractional Shares or for the settlement of fractions in fractional Shares for cash.
Found in CinCor Pharma, Inc. contract
Fractional Shares. The Company shall not be required to issue any fractional shares of Common Shares Stock pursuant to this Plan. The Board Committee may provide for the elimination of fractions or for the settlement of fractions in cash.
Found in Community Bank System, Inc. contract
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Fractional Shares. No fractional shares of Common Stock will be issued in connection with any exercise hereunder, but in lieu of such fractional shares the Company shall make a cash payment therefor based on the fair market value of the Common Stock on the date of exercise as reasonably determined in good faith by the Company's Board of Directors.
Found in Celsion CORP contract
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Fractional Shares. No fractional shares of Common Stock Shares will be issued in connection with any exercise hereunder, but in lieu of such fractional shares the Company shall make a cash payment therefor based on the fair market value of the Common Stock a Share on the date of exercise as reasonably determined in good faith by the Company's Board of Directors.
Found in CVRx, Inc. contract
Fractional Shares. No fractional shares of Common Stock Shares will be issued in connection with any exercise hereunder, but in lieu of such fractional shares Shares the Company shall either (i) make a cash payment therefor based on the fair market value of the Common Stock Shares on the date of exercise as reasonably determined in good faith by the Company's Board of Directors. Directors, or (ii) round-up.
Found in Writ Media Group, Inc. contract
Fractional Shares. No fractional shares of Common Stock will be issued in connection with any exercise hereunder, but in lieu of such fractional shares the Company shall make a cash payment therefor based on the fair market value of the Common Stock on the date of exercise as reasonably determined in good faith by the Company's Board of Directors. exercise.
Found in CHEROKEE INC contract
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Fractional Shares. The Company shall not be required to issue or cause to be issued fractional Warrant Shares on the exercise of this Warrant. The number of full Warrant Shares that shall be issuable upon the exercise of this Warrant shall be computed on the basis of the aggregate number of Warrants Shares purchasable on exercise of this Warrant so presented. If any fraction of a Warrant Share would, except for the provisions of this Section 7, be issuable on the exercise of this Warrant, the Company shall, at its... option, (i) pay an amount in cash equal to the Exercise Price multiplied by such fraction or (ii) round the number of Warrant Shares issuable, up to the next whole number. View More
Found in BLUE SPHERE CORP. contract
Fractional Shares. The Company shall not be required to issue or cause to be issued fractional Warrant Shares on the exercise of this Warrant. The number of full Warrant Shares that shall be issuable upon the exercise of this Warrant shall be computed on the basis of the aggregate number of Warrants Shares purchasable on exercise of this Warrant so presented. If any fraction of a Warrant Share would, except for the provisions of this Section 7, 9, be issuable on the upon exercise of this Warrant, the Company shall..., at its option, (i) pay an amount in cash equal to the Exercise Price multiplied by such fraction or (ii) round then the number of Warrant Shares issuable, up to be issued will be rounded down to the next nearest whole number. share. View More
Found in Energous Corp contract
Fractional Shares. The Company shall not be required to issue or cause to be issued fractional Warrant Shares on the exercise of this Warrant. The number of full Warrant Shares that shall be issuable upon the exercise of this Warrant shall be computed on the basis of the aggregate number of Warrants Shares purchasable on exercise of this Warrant so presented. If any fraction of a Warrant Share would, except for the provisions of this Section 7, Section, be issuable on the upon exercise of this Warrant, the Company... shall, at its option, (i) pay an amount in cash equal to the Exercise Price multiplied by such fraction or (ii) round the number of Warrant Shares issuable, to be issued will be rounded up to the next nearest whole number. share. View More
Found in Sibling Group Holdings, Inc. contract
Fractional Shares. The Company shall not be required to issue or cause to be issued fractional Warrant Shares on the exercise of this Warrant. The number of full Warrant Shares that shall be issuable upon the exercise of this Warrant shall be computed on the basis of the aggregate number of Warrants Shares purchasable on exercise of this Warrant so presented. If any fraction of a Warrant Share would, except for the provisions of this Section 7, Section, be issuable on the upon exercise of this Warrant, the Company... shall, at its option, (i) pay an amount in cash equal to the Exercise Price multiplied by such fraction or (ii) round the number of Warrant Shares issuable, to be issued will be rounded up to the next nearest whole number. share. View More
Found in BLUE CALYPSO, INC. contract
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Fractional Shares. No fractional share shall be issued upon the conversion of any share or shares of Series A Preferred Stock. All shares of Class A Common Stock of the Corporation (including fractions thereof) issuable upon conversion of more than one share of Series A Preferred Stock by a Holder thereof shall be aggregated for purposes of determining whether the conversion would result in the issuance of any fractional share.
Found in iPower Inc. contract
Fractional Shares. No fractional share shall be issued upon the conversion of any share or shares of Series A B Preferred Stock. All shares of Class A Common Stock of the Corporation (including fractions thereof) issuable upon conversion of more than one share of Series A B Preferred Stock by a Holder thereof shall be aggregated for purposes of determining whether the conversion would result in the issuance of any fractional share.
Found in Boxlight Corp contract
Fractional Shares. No fractional share shall be issued upon the conversion of any share or shares of Series A B Preferred Stock. All shares of Class A Common Stock of the Corporation (including fractions thereof) issuable upon conversion of more than one share of Series A B Preferred Stock by a Holder holder thereof shall be aggregated for purposes of determining whether the conversion would result in the issuance of any fractional share.
Found in Solaris Power Cells, Inc. contract
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Fractional Shares. The Company shall not be required upon the exercise of this Warrant to issue any fractional shares, but shall pay the value thereof to the Registered Holder in cash on the basis of the VWAP used in connection with the calculation set forth in Subsection 1(b) above upon the applicable exercise 4. Investment Representations. The Registered Holder represents and warrants to the Company as follows: (a) Investment. The Registered Holder is acquiring the Warrant, and (if and when the Registered Holder... exercises this Warrant) the Registered Holder will acquire the Warrant Shares, for the Registered Holder's own account for investment and not with a view to, or for sale in connection with, any distribution thereof, nor with any present intention of distributing or selling the same; and the Registered Holder has no present or contemplated agreement, undertaking, arrangement, obligation, indebtedness or commitment providing for the disposition thereof. (b) Accredited Investor. The Registered Holder is an "accredited investor" as defined in Rule 501(a) under the 1933 Act. (c) Experience. The Registered Holder has made such inquiry concerning the Company and its business and personnel as the Registered Holder has deemed appropriate; and the Registered Holder has sufficient knowledge and experience in finance and business that the Registered Holder is capable of evaluating the risks and merits of the Registered Holder's investment in the Company. 5. Transfers, etc. (a) This Warrant and the Warrant Shares shall not be sold or transferred unless either (i) they first shall have been registered under the 1933 Act, or (ii) the Company first shall have been furnished with an opinion of legal counsel, reasonably satisfactory to the Company, to the effect that such sale or transfer is exempt from the registration requirements of the 1933 Act. (b) The Registered Holder acknowledges and agrees that the Warrant Shares shall be subject to the restrictive legend requirements set forth in that certain Securities Purchase Agreement, dated February 19, 2021, between the Company and the investors named therein. (c) The Company will maintain a register containing the name and address of the Registered Holder of this Warrant. The Registered Holder may change the Registered Holder's address as shown on the warrant register by written notice to the Company requesting such change. (d) Subject to the provisions of this Section 5, this Warrant and all rights hereunder are transferable, in whole or in part, upon surrender of this Warrant with a properly executed assignment (in the form of Exhibit II hereto) at the principal office of the Company (or, if another office or agency has been designated by the Company for such purpose, then at such other office or agency). View More
Found in Ayala Pharmaceuticals, Inc. contract
Fractional Shares. The Company shall not be required upon the exercise of this Warrant to issue any fractional shares, but shall pay the value thereof to the Registered Holder in cash on the basis of the VWAP used in connection with the calculation set forth in Subsection 1(b) above upon the applicable exercise exercise. 4. Investment Representations. The Registered Holder represents and warrants to the Company as follows: (a) Investment. The Registered Holder is acquiring the Warrant, and (if and when the Registe...red Holder exercises this Warrant) the Registered Holder will acquire the Warrant Shares, for the Registered Holder's own account for investment and not with a view to, or for sale in connection with, any distribution thereof, nor with any present intention of distributing or selling the same; and the Registered Holder has no present or contemplated agreement, undertaking, arrangement, obligation, indebtedness or commitment providing for the disposition thereof. (b) Accredited Investor. The Registered Holder is an "accredited investor" as defined in Rule 501(a) under the 1933 Act. (c) Experience. The Registered Holder has made such inquiry concerning the Company and its business and personnel as the Registered Holder has deemed appropriate; and the Registered Holder has sufficient knowledge and experience in finance and business that the Registered Holder is capable of evaluating the risks and merits of the Registered Holder's investment in the Company. 5. Transfers, etc. (a) This Warrant and the Warrant Shares shall not be sold or transferred unless either (i) they first shall have been registered under the 1933 Act, or (ii) the Company first shall have been furnished with an opinion of legal counsel, reasonably satisfactory to the Company, to the effect that such sale or transfer is exempt from the registration requirements of the 1933 Act. (b) The Registered Holder acknowledges and agrees that the Warrant Shares shall be subject to the restrictive legend requirements set forth in that certain Securities Purchase Agreement, dated February 19, 2021, between the Company and the investors named therein. (c) The Company will maintain a register containing the name and address of the Registered Holder of this Warrant. The Registered Holder may change the Registered Holder's address as shown on the warrant register by written notice to the Company requesting such change. (d) Subject to the provisions of this Section 5, this Warrant and all rights hereunder are transferable, in whole or in part, upon surrender of this Warrant with a properly executed assignment (in the form of Exhibit II hereto) at the principal office of the Company (or, if another office or agency has been designated by the Company for such purpose, then at such other office or agency). View More
Found in Ayala Pharmaceuticals, Inc. contract
Fractional Shares. The Company shall not be required upon the exercise of this Warrant to issue any fractional shares, but shall pay the value thereof to the Registered Holder in cash on the basis of the VWAP used in connection with the calculation set forth in Subsection subsection 1(b) above upon the applicable exercise exercise. 4. Investment Representations. (a) The initial Registered Holder represents and warrants to the Company as follows: (a) (i) Investment. The Registered Holder is acquiring the Warrant, a...nd (if and when the Registered Holder exercises this Warrant) the Registered Holder will acquire the Warrant Shares, for the Registered Holder's own account for investment and not with a view to, or for sale in connection with, any distribution thereof, nor with any present intention of distributing or selling the same; and the Registered Holder has no present or contemplated agreement, undertaking, arrangement, obligation, indebtedness or commitment providing for the disposition thereof. (b) (ii) Accredited Investor. The Registered Holder is an "accredited investor" as defined in Rule 501(a) under the 1933 Act. (c) (iii) Experience. The Registered Holder has made such inquiry concerning the Company and its business and personnel as the Registered Holder has deemed appropriate; and the Registered Holder has sufficient knowledge and experience in finance and business that the Registered Holder is capable of evaluating the risks and merits of the Registered Holder's investment in the Company. (b) The Company represents and warrants to the Registered Holder as follows: (a)The shares of Common Stock which may be issued upon the exercise of the Warrants represented by this Warrant will, upon issuance and payment therefor of the amount at which such shares of Common Stock may at the time be purchased pursuant to the provisions hereof (including pursuant to a cashless exercise), be validly issued, fully paid and non-assessable and in each case, be free and clear of any liens; (b)The Company shall use its commercially reasonable efforts to maintain a listing of its Common Stock on the Nasdaq Global Market or other Eligible Market, provided that nothing contained in this clause (c) shall be construed to limit (or to limit) the right of the Company to engage in a transaction that may result in it ceasing to be so listed; (c)The Company has taken and will take all such actions as may be reasonably necessary and as are within its power to ensure that all those shares of Common Stock and Warrants issued or issuable pursuant to this Warrant may be so issued without violation of applicable securities laws; and (d)The Company will promptly advise the Registered Holder of any defaults under this Warrant. 5. Transfers, etc. (a) This Warrant and the Warrant Shares shall not be sold or transferred unless either (i) they first shall have been registered under the 1933 Act, or (ii) the Company first shall have been furnished with an opinion of legal counsel, reasonably satisfactory to the Company, to the effect that such sale or transfer is exempt from the registration requirements of the 1933 Act. (b) The Registered Holder acknowledges and agrees that the Warrant Shares shall be subject to the restrictive legend requirements set forth in that certain Securities Purchase Agreement, dated February 19, 2021, between the Company and the investors named therein. Convertible Note. (c) The Company will maintain a register containing the name and address of the Registered Holder of this Warrant. The Registered Holder may change the Registered Holder's address as shown on the warrant register by written notice to the Company requesting such change. (d) Subject to the provisions of this Section 5, 5 hereof, this Warrant and all rights hereunder are transferable, in whole or in part, upon surrender of this Warrant with a properly executed assignment (in the form of Exhibit II hereto) at the principal office of the Company (or, if another office or agency has been designated by the Company for such purpose, then at such other office or agency). View More
Found in Entasis Therapeutics Holdings Inc. contract
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Fractional Shares. 5.1 No Requirement. The Company shall not be required to issue fractional shares of Common Stock on the exercise of Warrants. 5.2 Aggregation Calculation. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. 5.3 Nearest Whole Value.... If any fraction of a share of Common Stock would, except for the provisions of this Section, be issuable on the exercise of any Warrant (or specified portion thereof) then such fractional share shall be rounded up to the nearest whole share. View More
Found in SHARING SERVICES GLOBAL Corp contract
Fractional Shares. 5.1 No Requirement. The Company shall not be required to issue fractional shares of Common Stock on the exercise of Warrants. 5.2 Aggregation Calculation. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. 5.3 Nearest Whole Value.... If any fraction of a share of Common Stock would, except for the provisions of this Section, be issuable on the exercise of any Warrant (or specified portion thereof) then such fractional share shall be rounded up to the nearest whole share. View More
Found in Nestbuilder.com Corp. contract
Fractional Shares. 5.1 No Requirement. The Company shall not be required to issue fractional shares of Common Stock on the exercise of Warrants. 5.2 Aggregation Calculation. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. 5.3 Nearest Whole Value.... If any fraction of a share of Common Stock would, except for the provisions of this Section, be issuable on the exercise of any Warrant (or specified portion thereof) then such fractional share shall be rounded up to the nearest whole share. View More
Found in STANDARD PREMIUM FINANCE HOLDINGS, INC. contract
Fractional Shares. 5.1 No Requirement. The Company shall not be required to issue fractional shares of Common Stock on the exercise of Warrants. 5.2 Aggregation Calculation. If more than one Warrant shall be presented for exercise in full at the same time by the same Holder, the number of full shares of Common Stock which shall be issuable upon such exercise shall be computed on the basis of the aggregate number of shares of Common Stock acquirable on exercise of the Warrants so presented. 5.3 Nearest Whole Value.... If any fraction of a share of Common Stock would, except for the provisions of this Section, be issuable on the exercise of any Warrant (or specified portion thereof) then such fractional share shall be rounded up to the nearest whole share. View More
Found in SMART FOR LIFE, INC. contract
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