Montana Underwriting Agreement between Telaxis Communications Corp. and Credit Suisse First Boston Corp. regarding issuance and sale of shares of common stock

• Category: Corporations - Public - Agreements - Underwriting
• State: Multi-State
• Control #: US-EG-9397
• Format: Word; Rich Text

Description

Underwriting Agreement between Telaxis Communications Corporation and Credit Suisse First Boston Corporation regarding the issuance and sale of shares of common stock dated 00/00. 25 pages. Montana Underwriting Agreement is a legal contract entered into between Tel axis Communications Corp. and Credit Suisse First Boston Corp. in relation to the issuance and sale of shares of common stock. This agreement serves as a significant document that outlines the terms and conditions governing the underwriting of these shares, ensuring a smooth and efficient transaction. The Montana Underwriting Agreement encompasses various key aspects, including the number of shares being offered, their price, and the timing of the offering. It details the obligations and responsibilities of both Tel axis Communications Corp. and Credit Suisse First Boston Corp. during the underwriting process, ensuring transparency and accountability. Keywords: Montana Underwriting Agreement, Tel axis Communications Corp., Credit Suisse First Boston Corp., issuance of shares, sale of shares, common stock. Different types of Montana Underwriting Agreement between Tel axis Communications Corp. and Credit Suisse First Boston Corp. may include: 1. Firm Commitment Underwriting Agreement: This type of agreement signifies that Credit Suisse First Boston Corp. commits to purchasing the entire offering of shares from Tel axis Communications Corp. This provides Tel axis Communications Corp. with the assurance of raising the necessary funds as all shares are guaranteed to be sold. 2. The Best Efforts Underwriting Agreement: In this agreement, Credit Suisse First Boston Corp. acts as the underwriter, making its best efforts to sell the shares on behalf of Tel axis Communications Corp. However, unlike the firm commitment agreement, Credit Suisse First Boston Corp. is not obliged to purchase any unsold shares, which places some risk on Tel axis Communications Corp. 3. All-or-None Underwriting Agreement: This agreement requires that all shares offered by Tel axis Communications Corp. are to be sold entirely, or the underwriting agreement becomes void. If the underwriter cannot sell all the shares within the specified time frame, the agreement is terminated, and no funds are raised. 4. Mini-Maxi Underwriting Agreement: This agreement establishes both a minimum and maximum number of shares that Tel axis Communications Corp. intends to sell. Credit Suisse First Boston Corp. agrees to use its best efforts to sell at least the minimum, but not exceeding the maximum, within the defined period. These variations in Montana Underwriting Agreement allow Tel axis Communications Corp. to choose an agreement that best fits its specific fundraising needs and risk tolerance.

Montana Underwriting Agreement is a legal contract entered into between Tel axis Communications Corp. and Credit Suisse First Boston Corp. in relation to the issuance and sale of shares of common stock. This agreement serves as a significant document that outlines the terms and conditions governing the underwriting of these shares, ensuring a smooth and efficient transaction. The Montana Underwriting Agreement encompasses various key aspects, including the number of shares being offered, their price, and the timing of the offering. It details the obligations and responsibilities of both Tel axis Communications Corp. and Credit Suisse First Boston Corp. during the underwriting process, ensuring transparency and accountability. Keywords: Montana Underwriting Agreement, Tel axis Communications Corp., Credit Suisse First Boston Corp., issuance of shares, sale of shares, common stock. Different types of Montana Underwriting Agreement between Tel axis Communications Corp. and Credit Suisse First Boston Corp. may include: 1. Firm Commitment Underwriting Agreement: This type of agreement signifies that Credit Suisse First Boston Corp. commits to purchasing the entire offering of shares from Tel axis Communications Corp. This provides Tel axis Communications Corp. with the assurance of raising the necessary funds as all shares are guaranteed to be sold. 2. The Best Efforts Underwriting Agreement: In this agreement, Credit Suisse First Boston Corp. acts as the underwriter, making its best efforts to sell the shares on behalf of Tel axis Communications Corp. However, unlike the firm commitment agreement, Credit Suisse First Boston Corp. is not obliged to purchase any unsold shares, which places some risk on Tel axis Communications Corp. 3. All-or-None Underwriting Agreement: This agreement requires that all shares offered by Tel axis Communications Corp. are to be sold entirely, or the underwriting agreement becomes void. If the underwriter cannot sell all the shares within the specified time frame, the agreement is terminated, and no funds are raised. 4. Mini-Maxi Underwriting Agreement: This agreement establishes both a minimum and maximum number of shares that Tel axis Communications Corp. intends to sell. Credit Suisse First Boston Corp. agrees to use its best efforts to sell at least the minimum, but not exceeding the maximum, within the defined period. These variations in Montana Underwriting Agreement allow Tel axis Communications Corp. to choose an agreement that best fits its specific fundraising needs and risk tolerance.