No Fractional Shares Clause Example with 12 Variations from Business Contracts

This page contains No Fractional Shares clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
No Fractional Shares. No fractional Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash the fair market value (based on the Closing Sale Price) for any such fractional shares.
Found in Syndax Pharmaceuticals Inc contract

Variations of a "No Fractional Shares" Clause from Business Contracts

No Fractional Shares. No fractional Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares that which would otherwise be issuable, subject to Section 11, the number of Warrant Shares to be issued shall be rounded down up to the next whole number and the Company shall pay the Holder in cash the fair market value (based on the Closing Sale Price) for any such fractional shares. number.
Found in 3 Contracts from LM FUNDING AMERICA, INC.
No Fractional Shares. No fractional Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares that which would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next nearest whole number and the Company shall pay the Holder in cash the fair market value (based on the Closing Sale Price) for any such fractional shares. number.
Found in NEPHROS INC contract
No Fractional Shares. No fractional Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares that which would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down up to the next whole number and the Company shall pay the Holder in cash the fair market value (based on the Closing Sale Price) for any such fractional shares. number.
Found in 5 Contracts from 2 Companies
No Fractional Shares. No fractional Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash the fair market value (based on the Closing Sale Price) for any such fractional shares. shares; provided, however, the Company shall not be required to pay an amount for any fractional share less than $100.... View More
Found in Vigil Neuroscience, Inc. contract
No Fractional Shares. No fractional Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares that which would otherwise be issuable, issuable the number of Warrant Shares to be issued shall be rounded down to the next nearest whole number and the Company shall pay the Holder in cash the fair market value (based on the Closing Sale Price) for any such fractional shares. number.
Found in Zomedica Pharmaceuticals Corp. contract
No Fractional Shares. No fractional Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next nearest whole number and the Company shall pay the Holder in cash equal to the fair market value (based on product of such fraction multiplied by the Closing Sale Price) for any such fractional shares. Price of one share of Common Stock on the Exercise Date.
Found in 3 Contracts from CYTORI THERAPEUTICS, INC.
No Fractional Shares. No fractional Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash the fair market value (based on the Closing Sale Price) for any such fractional shares. number.
Found in 11 Contracts from 6 Companies
No Fractional Shares. No fractional Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash the fair market value (based on the Closing Sale Price) VWAP) for any such fractional shares.
Found in 2 Contracts from Aptevo Therapeutics Inc.
No Fractional Shares. No fractional Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares that would which would, otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash the fair market value (based on the Closing Sale Price) for any 7 such fractional shares.
Found in Jaguar Health, Inc. contract
No Fractional Shares. No fractional Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash the fair market value (based on the Closing Sale Price) Fair Market Value) for any such fractional shares.
Found in Neuraxis, INC contract