standby underwriting definition
standby underwriting means Party B shall purchase the unsold bonds of current period to be offered by Party A at the end of the underwriting period under this agreement defined herein. (This clause applies to standby commitment approach)
standby underwriting means a standby underwriting agreement within the meaning of the Public Offering Act;
standby underwriting means an underwriting arrangement where the underwriter is legally bound to take and pay up to the underwritten percentage only if the Issue is not fully subscribed.