BWI Closing Documents Clause Samples

BWI Closing Documents. At the Closing, BWI will tender to AQUASIL: (i) copies of resolutions of the directors of BWI in a form satisfactory to AQUASIL, acting reasonably, authorizing the transaction contemplated hereunder; (ii) share certificates, registered in the name of the AQUASIL Shareholder representing the BWI Shares; and (iii) a copy of the share issuance order of BWI showing the AQUASIL Shareholder as the registered owner of the BWI Shares; (iv) the resignation of ▇▇▇ Can as a director and officer of BWI; (v) a board resolution appointing the AQUASIL Shareholder as the President/Chief Executive Officer and a director of BWI; (vi) a copy of the board resolution of BWI showing the issuance of the Settlement Shares; (vii) copies of the Convertible Notes evidencing the transactions as required herein.