No Fractional Shares Clause Example from Business Contracts

This example No Fractional Shares clause appears in 3 contracts from 1 company

No Fractional Shares. No fractional Warrant Securities will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares, which would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one share of Common Stock as reported by the applicable Trading Market on the date of exercise.
Found in APPLIED DNA SCIENCES INC contract
APPLIED DNA SCIENCES INC Contracts

APPLIED DNA SCIENCES, INC. COMMON STOCK PURCHASE WARRANT (Filed With SEC on November 3, 2016)

APPLIED DNA SCIENCES, INC. COMMON STOCK PURCHASE WARRANT (Filed With SEC on March 27, 2015)

APPLIED DNA SCIENCES, INC. COMMON STOCK PURCHASE WARRANT (Filed With SEC on November 23, 2015)