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Simple English definitions for legal terms

standby underwriting

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A quick definition of standby underwriting:

Standby underwriting is when someone agrees to buy any unsold shares of a new investment that is being offered to the public. This is done for a fee and is a way to ensure that the investment will be fully sold. It is one of three types of underwriting, which is when someone takes on the risk of insuring or buying a new investment.

A more thorough explanation:

Definition: Standby underwriting is a type of underwriting where the underwriter agrees to buy any unsold shares from the issuer after a public offering, for a fee.

Underwriting is the act of assuming a risk by insuring it or agreeing to buy all or part of a new issue of securities to be offered for public sale. There are three types of underwriting:

  • Best-efforts underwriting: Underwriting in which an investment banker agrees to direct, but not guarantee, the public sale of the issuer's securities.
  • Firm-commitment underwriting: Underwriting in which the underwriter agrees to buy all the shares to be issued and remain financially responsible for any securities not purchased.
  • Standby underwriting: Underwriting in which the underwriter agrees, for a fee, to buy from the issuer any unsold shares remaining after the public offering.

For example, if a company wants to issue 100,000 shares of stock to the public, they may hire an underwriter to help with the sale. If the underwriter is doing a standby underwriting, they will agree to buy any shares that are not sold to the public. So, if only 80,000 shares are sold, the underwriter will buy the remaining 20,000 shares from the company.

This type of underwriting provides a safety net for the issuer, as they are guaranteed to sell all of their shares, even if the public is not interested in buying them. However, it also comes at a cost, as the underwriter charges a fee for this service.

standby letter of credit | standby underwriting agreement

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Maybe, didnt happen last time.
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it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
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SEO is big money
2016 pushed the conservative party into populism irreversibly
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Maybe, but if this is populism, then every election is populist.
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@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
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Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
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