Agreement between a corporation issuing new securities and the lead underwriter of the syndicate. Makes explicit the public offering price, the underwriting spread, the net proceeds to the issuer, and the settlement date. see also agreement among underwriters.
The contract between the investment banker and the corporation, containing the final terms and prices of the issue. It is signed either on the evening before or early in the morning of the public offering date (effective date).
The underwriting agreement contains the details of the company's arrangements with the underwriters, including the type of offering (best efforts or firm commitment), the underwriters' compensation, the offering price and the number of shares or securities offered.
Agreement between the issuer and the managing underwriter.
an agreement to accept the risks under an insurance contract. The underwriters sign the agreement and indicate how much of the risk they are prepared to take and they receive a proportionate part of the premium.
An agreement between the company and the underwriters that details the nature, price, and size of the offering. It also specifies details about commissions and expense reimbursements.
The contract between a corporation issuing new publicly offered securities and the managing underwriter as agent for the underwriting group. Compare to agreement among underwriters.