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 that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the nearest whole number and the Company shall pay the Holder cash equal to the product of such fraction multiplied by the Closing Sale Price of one share of Common Stock on the Exercise Date.
Found in CYTORI THERAPEUTICS, INC. contract
CYTORI THERAPEUTICS, INC. Contracts

CYTORI THERAPEUTICS, INC. WARRANT TO PURCHASE COMMON STOCK (Filed With SEC on September 8, 2014)

CYTORI THERAPEUTICS, INC. WARRANT TO PURCHASE COMMON STOCK (Filed With SEC on May 30, 2014)

CYTORI THERAPEUTICS, INC. WARRANT TO PURCHASE COMMON STOCK (Filed With SEC on May 30, 2014)