Example ContractsClausesFractional Shares; Effect of Conversion
Fractional Shares; Effect of Conversion
Fractional Shares; Effect of Conversion contract clause examples

Fractional Shares; Effect of Conversion. No fractional shares shall be issued upon conversion of this Note. In lieu of [[Loan Agreement:Organization]] issuing any fractional shares to Holder upon the conversion of this Note, [[Loan Agreement:Organization]] shall pay to Holder an amount equal to the product obtained by multiplying the Conversion Price by the fraction of a share not issued pursuant to the previous sentence. Upon conversion of this Note in full and the payment of the amounts specified in this [Section 9(f)], [[Loan Agreement:Organization]] shall be forever released from all its obligations and liabilities under this Note.

Fractional Shares; Effect of Conversion. No fractional shares shall be issued upon conversion of this Note. In lieu of [[Loan Agreement:Organization]] issuing any fractional shares to Holder upon the conversion of this Note, [[Loan Agreement:Organization]] shall pay to Holder an amount equal to the product obtained by multiplying the Conversion Price by the fraction of a share not issued pursuant to the previous sentence. Upon conversion of this Note in full and the payment of the amounts specified in this [Section 9(f)], [[Loan Agreement:Organization]] shall be forever released from all its obligations and liabilities under this Note.

Fractional Shares; Effect of Conversion. No fractional shares shall be issued upon conversion of this Note. In lieu of [[Loan Agreement:Organization]] issuing any fractional shares to Holder upon the conversion of this Note, [[Loan Agreement:Organization]] shall pay to Holder an amount equal to the product obtained by multiplying the Conversion Price by the fraction of a share not issued pursuant to the previous sentence. Upon conversion of this Note in full and the payment of the amounts specified in this [Section 9(f)], [[Loan Agreement:Organization]] shall be forever released from all its obligations and liabilities under this Note.

Fractional Shares; Effect of Conversion. No fractional shares shall be issued upon conversion of this Note. In lieu of [[Loan Agreement:Organization]] issuing any fractional shares to Holder upon the conversion of this Note, [[Loan Agreement:Organization]] shall pay to Holder an amount equal to the product obtained by multiplying the Conversion Price by the fraction of a share not issued pursuant to the previous sentence. Upon conversion of this Note in full and the payment of the amounts specified in this [Section 9(f)], [[Loan Agreement:Organization]] shall be forever released from all its obligations and liabilities under this Note.

Fractional Shares; Effect of Conversion. No fractional shares shall be issued upon conversion of this Note. In lieu of [[Loan Agreement:Organization]] issuing any fractional shares to Holder upon the conversion of this Note, [[Loan Agreement:Organization]] shall pay to Holder an amount equal to the product obtained by multiplying the Conversion Price by the fraction of a share not issued pursuant to the previous sentence. Upon conversion of this Note in full and the payment of the amounts specified in this [Section 9(f)], [[Loan Agreement:Organization]] shall be forever released from all its obligations and liabilities under this Note.

Fractional Shares; Effect of Conversion. No fractional shares shall be issued upon conversion of this Note. In lieu of [[Loan Agreement:Organization]] issuing any fractional shares to Holder upon the conversion of this Note, [[Loan Agreement:Organization]] shall pay to Holder an amount equal to the product obtained by multiplying the Conversion Price by the fraction of a share not issued pursuant to the previous sentence. Upon conversion of this Note in full and the payment of the amounts specified in this [Section 9(f)], [[Loan Agreement:Organization]] shall be forever released from all its obligations and liabilities under this Note.

Fractional Shares; Effect of Conversion. No fractional shares shall be issued upon conversion of this Note. In lieu of [[Loan Agreement:Organization]] issuing any fractional shares to Holder upon the conversion of this Note, [[Loan Agreement:Organization]] shall pay to Holder an amount equal to the product obtained by multiplying the Conversion Price by the fraction of a share not issued pursuant to the previous sentence. Upon conversion of this Note in full and the payment of the amounts specified in this [Section 9(f)], [[Loan Agreement:Organization]] shall be forever released from all its obligations and liabilities under this Note.

Fractional Shares; Effect of Conversion. No fractional shares shall be issued upon conversion of this Note. In lieu of [[Loan Agreement:Organization]] issuing any fractional shares to Holder upon the conversion of this Note, [[Loan Agreement:Organization]] shall pay to Holder an amount equal to the product obtained by multiplying the Conversion Price by the fraction of a share not issued pursuant to the previous sentence. Upon conversion of this Note in full and the payment of the amounts specified in this [Section 9(f)], [[Loan Agreement:Organization]] shall be forever released from all its obligations and liabilities under this Note.

Fractional Shares; Effect of Conversion. No fractional shares shall be issued upon conversion of this Note. In lieu of [[Loan Agreement:Organization]] issuing any fractional shares to Holder upon the conversion of this Note, [[Loan Agreement:Organization]] shall pay to Holder an amount equal to the product obtained by multiplying the Conversion Price by the fraction of a share not issued pursuant to the previous sentence. Upon conversion of this Note in full and the payment of the amounts specified in this [Section 9(f)], [[Loan Agreement:Organization]] shall be forever released from all its obligations and liabilities under this Note.

Fractional Shares; Effect of Conversion. No fractional shares shall be issued upon conversion of this Note. In lieu of [[Loan Agreement:Organization]] issuing any fractional shares to Holder upon the conversion of this Note, [[Loan Agreement:Organization]] shall pay to Holder an amount equal to the product obtained by multiplying the Conversion Price by the fraction of a share not issued pursuant to the previous sentence. Upon conversion of this Note in full and the payment of the amounts specified in this [Section 9(f)], [[Loan Agreement:Organization]] shall be forever released from all its obligations and liabilities under this Note.

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