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Document Id : 248
File Type : Microsoft Word
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Canada Warrant Indenture for Common Shares
Prepare a Warrant Indenture for Common Shares with this template form for Canadian corporations.
- The Warrant Indenture provides for the issuance of share purchase warrants for common shares in the capital of the issuing corporation on a one-for-one basis (1 warrant per common share).
- The exercise (purchase) price and the warrant holder's subscription rights will be adjusted accordingly in the event of subdivision or consolidation of the corporation's shares or the issue of convertible securities.
- A warrant holder may subscribe for less than the number of shares set out in their warrant certificate, and a new warrant certificate for the balance will be issued.
- The warrant holders and the trustee waive any right, cause of action or remedy as against the shareholders and directors of the corporation.
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