Board Resolutions: Adding Note Guarantors by Supplemental Indenture | Practical Law
Form of resolutions of a board of directors approving the addition of a new guarantor of existing debt securities under an existing indenture by executing a supplemental indenture. These resolutions are formatted as standard clauses and should be inserted into board minutes or a unanimous written consent. These Standard Clauses have integrated notes with important explanations and drafting tips.