underwriting agreement

underwriting agreement
USA
In a registered offering, the agreement between the company and the underwriters concerning the offering of the securities. The underwriting agreement contains an agreement by the underwriter(s) to purchase the offered securities from the issuer or other seller and to resell them to the public, the underwriting discount, representations and warranties of the parties, certain covenants, expense allocation and indemnification provisions.
For further information, see Practice Note, Underwriting Agreement Commentary (www.practicallaw.com/7-380-7925).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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