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 Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would otherwise be issuable, subject to Section 11, the number of Warrant Shares to be issued shall be rounded up to the next whole number.