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Prepare a Resolution of the Directors authorizing a Warrant Indenture with this downloadable template for Alberta corporations.
- The Board of Directors authorizes the corporation to issue a warrant indenture and share warrants for common shares.
- The warrants are issued to investors as part of a private placement of securities, in order to raise capital for the corporation.
- Each warrant entitles the holder to one common share.
- The form is easy to download, fill in and print.
This Alberta Directors Resolutions Authorizing Warrant Indenture template is provided in MS Word format.
RESOLUTIONS OF THE DIRECTORS OF «CORPORATION» (the “Corporation”) WARRANT INDENTURE BE IT RESOLVED THAT: 1. The warrant indenture (the “Warrant Indenture”) to be entered into between the Corporation and ____________________ (the “Trustee”), substantially in the form and on the terms of the draft Warrant Indenture attached to this resolution, providing for the creation and issuance of warrants to purchase ___________ Class “A” Common Shares in the capital of the Corporation (the “Warrants”), is hereby approved, and the execution and delivery of the Warrant Indenture for and on behalf and under the seal of the Corporation by any one officer of the Corporation is hereby authorized and approved, such execution and delivery to be conclusive evidence that the Warrant Indenture so executed and delivered is the Warrant Indenture authorized by this resolution. 2. The Corporation hereby create upon and subject to the terms of the Warrant Indenture, the Warrants referred to therein, each such Warrant initially entitling the holder thereof to obtain upon the exercise thereof, one Class “A” Common Share in the capital of the Corporation during the term of such Warrants in accordance with the Warrant Indenture and subject to the provisions relating to the time of exercise contained therein, the number of such shares to be issued on exercise to be subject to adjustment all as provided in the Warrant Indenture. 3. The form of Warrant Certificate set forth in Schedule “A” to the Warrant Indenture be hereby approved, together with such changes to such form as may be authorized by the persons executing the Warrant Indenture and the execution of the Warrant Certificate for and on behalf of the Corporation in the manner to be set forth in the Warrant Indenture be hereby authorized. 4. The Cor
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