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777 E WISCONSIN AVE
MILWAUKEE, WI 53202-5306 414.271.2400 TEL
414.297.4900 FAX
FOLEY.COM
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AUSTIN | BOSTON | BRUSSELS | CHICAGO | DALLAS | DENVER | DETROIT | HOUSTON | JACKSONVILLE | LOS ANGELES | MADISON | MEXICO CITY | MIAMI
MILWAUKEE | NASHVILLE | NEW YORK | ORLANDO | RALEIGH | SACRAMENTO | SALT LAKE CITY | SAN DIEGO | SAN FRANCISCO | SILICON VALLEY
TALLAHASSEE | TAMPA | TOKYO | WASHINGTON, D.C.
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BorgWarner Inc.
February 13, 2026
Page 2
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BorgWarner Inc.
February 13, 2026
Page 3
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a. The Company’s Board of Directors, or a committee thereof or one or more officers of the Company, in each case duly authorized by the Board of
Directors, shall have taken action to establish the terms of such Debt Securities and to authorize the issuance and sale of such Debt Securities;
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b. The terms of such Debt Securities and of their issuance and sale shall have been established by supplemental indenture in conformity with the
relevant Base Indenture so as not to violate any applicable law or result in a default under or breach of any agreement or instrument binding upon the Company and so as to comply with any requirements or restrictions imposed by any court or
governmental entity having jurisdiction over the Company;
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c. Any such supplemental indenture shall have been duly executed and delivered by the Company and the relevant trustee (together with the relevant
Base Indenture, the “Indenture”);
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d. Such Debt Securities shall have been duly executed, authenticated and delivered in accordance with the terms and provisions of the applicable
Indenture; and
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e. Such Debt Securities shall have been issued and sold for the consideration contemplated by, and otherwise in conformity with, the Registration
Statement, as supplemented by a Prospectus Supplement with respect to such issuance and sale, and the acts, proceedings and documents referred to above.
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a. The Company’s Board of Directors, or a committee thereof duly authorized by the Board of Directors, shall have adopted appropriate resolutions
to authorize the issuance and sale of the Common Stock; and
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b. Such shares of Common Stock shall have been issued and sold for the consideration contemplated by, and otherwise in conformity with, the
Registration Statement, as supplemented by a Prospectus Supplement with respect to such issuance and sale, and the acts, proceedings and documents referred to above, provided that the consideration therefor is not less than the par value
per share of the Common Stock.
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BorgWarner Inc.
February 13, 2026
Page 4
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a. The Company’s Board of Directors, or a committee thereof duly authorized by the Board of Directors, shall have adopted appropriate resolutions
to establish the designations and the preferences, limitations and relative rights, in whole or part, and other terms of such shares as set forth in or contemplated by the Registration Statement, the exhibits thereto and any Prospectus
Supplement relating to the Preferred Stock, and to authorize the issuance and sale of such shares of Preferred Stock;
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b. A Certificate of Amendment to the Company’s Restated Certificate of Incorporation, as amended, or a Certificate of Designations, in each case
with respect to the designations and the preferences, limitations and relative rights, in whole or part, and other terms of such shares shall have been filed with the Division of Corporations of the State of Delaware in the form and manner
required by law; and
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c. Such shares of Preferred Stock shall have been issued and sold for the consideration contemplated by, and otherwise in conformity with, the
Registration Statement, as supplemented by a Prospectus Supplement with respect to such issuance and sale, and the acts, proceedings and documents referred to above, provided that the consideration therefor is not less than the par value
per share of the Preferred Stock.
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a. The Company’s Board of Directors, or a committee thereof duly authorized by the Board of Directors, shall have adopted appropriate resolutions
to establish the designations and the preferences, limitations and relative rights, in whole or part, and other terms of the shares of Preferred Stock underlying the Depositary Shares as set forth in or contemplated by the Registration
Statement, the exhibits thereto and any Prospectus Supplement relating to such Preferred Stock, and to authorize the issuance of such shares of Preferred Stock;
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b. A Certificate of Amendment to the Company’s Certificate of Incorporation, as amended, or a Certificate of Designations, in each case with
respect to the designations and the preferences, limitations and relative rights, in whole or part, and other terms of the Preferred Stock underlying the Depositary Shares shall have been filed with the Division of Corporations of the State
of Delaware in the form and manner required by law;
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BorgWarner Inc.
February 13, 2026
Page 5
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c. The Company’s Board of Directors, or a committee thereof or one or more officers of the Company, in each case duly authorized by the Board of
Directors, shall have taken action to approve and establish the terms of the Deposit Agreement and such Deposit Agreement shall have been duly executed and delivered;
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d. The Preferred Stock underlying the Depositary Shares shall have been duly issued and delivered to the Depositary;
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e. The terms of such Depositary Shares and depositary receipts evidencing the Depositary Shares and of their issuance and sale shall have been
established so as not to violate any applicable law or result in a default under or breach of any agreement or instrument binding upon the Company and so as to comply with any requirements or restrictions imposed by any court or
governmental entity having jurisdiction over the Company;
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f. Such Depositary Shares and depositary receipts evidencing the Depositary Shares shall have been duly executed, issued and delivered in
accordance with the Deposit Agreement and their respective terms and provisions; and
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g. Such Depositary Shares and depositary receipts evidencing the Depositary Shares shall have been issued and sold for the consideration
contemplated by, and otherwise in conformity with, the Registration Statement, as supplemented by a Prospectus Supplement with respect to such issuance and sale, and the acts, proceedings and documents referred to above.
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a. The Company’s Board of Directors, or a committee thereof or one or more officers of the Company, in each case duly authorized by the Board of
Directors, shall have taken action to approve and establish the terms and form of the Warrants and the documents, including any warrant agreements, evidencing and used in connection with the issuance and sale of the Warrants, and to
authorize the issuance and sale of such Warrants;
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b. The terms of such Warrants and of their issuance and sale shall have been established so as not to violate any applicable law or result in a
default under or breach of any agreement or instrument binding upon the Company and so as to comply with any requirements or restrictions imposed by any court or governmental entity having jurisdiction over the Company;
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c. Any such warrant agreements shall have been duly executed and delivered;
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d. Such Warrants shall have been duly executed and delivered in accordance with the terms and provisions of the applicable warrant agreement; and
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BorgWarner Inc.
February 13, 2026
Page 6
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e. Such Warrants shall have been issued and sold for the consideration contemplated by, and otherwise in conformity with, the Registration
Statement, as supplemented by a Prospectus Supplement with respect to such issuance and sale, and the acts, proceedings and documents referred to above.
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a. The Company’s Board of Directors, or a committee thereof or one or more officers of the Company, in each case duly authorized by the Board of
Directors, shall have taken action to approve and establish the terms of the Units and the documents evidencing and used in connection with the issuance and sale of the Units and to authorize the issuance and sale of such Units;
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b. The terms of such Units and of their issuance and sale shall have been established so as not to violate any applicable law or result in a
default under or breach of any agreement or instrument binding upon the Company and so as to comply with any requirements or restrictions imposed by any court or governmental entity having jurisdiction over the Company;
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c. Any such Units, and the underlying securities of such Units, shall be executed, as applicable and to the extent required, and delivered in
accordance with their respective terms and provisions;
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d. Such Units shall have been issued and sold for the consideration contemplated by, and otherwise in conformity with, the Registration Statement,
as supplemented by a Prospectus Supplement with respect to such issuance and sale, and the acts, proceedings and documents referred to above.
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BorgWarner Inc.
February 13, 2026
Page 7
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BorgWarner Inc.
February 13, 2026
Page 8
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