Underwriting Agreement to Control Clause Samples
The 'Underwriting Agreement to Control' clause establishes that the underwriter will have significant authority or control over certain aspects of a securities offering, typically during the underwriting process. In practice, this may include the underwriter's right to determine the timing, pricing, and allocation of the offered securities, as well as to make decisions regarding marketing strategies or the selection of other participants in the offering. The core function of this clause is to centralize decision-making with the underwriter, ensuring a coordinated and efficient offering process while reducing the risk of conflicting interests among the parties involved.
Underwriting Agreement to Control. Notwithstanding the foregoing provisions of this Section 2.4, to the extent that the provisions on indemnification and contribution contained in any underwriting agreement entered into in connection with the underwritten public offering of the Registrable Securities are in conflict with the foregoing provisions, the provisions in such underwriting agreement shall control.
