Use this template to prepare a Warrant Indenture for use in Canada, between a corporation and a trustee, which 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). Provisions of the indenture include:

• 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.

This is a Canadian legal document in MS Word format.