Kansas 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. Kansas Underwriting Agreement between Tel axis Communications Corp. and Credit Suisse First Boston Corp. is a legally binding document that outlines the terms and conditions of the issuance and sale of shares of common stock. This agreement serves as a crucial instrument in facilitating the offering process and ensuring a successful public offering for Tel axis Communications Corp. Within this underwriting agreement, Tel axis Communications Corp. agrees to issue and sell a certain number of shares of common stock to Credit Suisse First Boston Corp., acting as the underwriter for the offering. The underwriter, in turn, agrees to purchase the shares from Tel axis Communications Corp. and subsequently offer them to the public at a specified price and within a defined timeframe. The agreement contains several key provisions, including the underwriter's commitment to use its best efforts to sell the shares, the agreed-upon purchase price, and the allocation of expenses related to the offering. Additionally, the underwriting agreement may include details regarding any green shoe option granted to the underwriter, allowing for the potential purchase of additional shares to stabilize the stock price. There may be different types of Kansas Underwriting Agreements between Tel axis Communications Corp. and Credit Suisse First Boston Corp., each tailored to specific offerings or situations. These variations may include firm commitment underwriting agreements, the best efforts underwriting agreements, or standby underwriting agreements. A firm commitment underwriting agreement guarantees that the underwriter will purchase all shares being offered by Tel axis Communications Corp., even if it results in a financial loss. This type of agreement provides more certainty for the issuer but places more risk on the underwriter. The best efforts underwriting agreement, on the other hand, stipulates that the underwriter will make reasonable efforts to sell the shares but does not guarantee the purchase of any unsold shares. This type of agreement shifts the risk primarily onto the issuer, as the underwriter is not obligated to purchase any unsold shares. Lastly, a standby underwriting agreement is used when Tel axis Communications Corp. plans a rights offering to its existing shareholders. In this scenario, the underwriter agrees to purchase any shares not subscribed for by existing shareholders, ensuring the success of the offering. In summary, the Kansas Underwriting Agreement between Tel axis Communications Corp. and Credit Suisse First Boston Corp. regarding the issuance and sale of shares of common stock is a critical legal document that establishes the terms and conditions of the public offering. The specific type of underwriting agreement can vary depending on the circumstances, with options including firm commitment, the best efforts, or standby agreements.

Kansas Underwriting Agreement between Tel axis Communications Corp. and Credit Suisse First Boston Corp. is a legally binding document that outlines the terms and conditions of the issuance and sale of shares of common stock. This agreement serves as a crucial instrument in facilitating the offering process and ensuring a successful public offering for Tel axis Communications Corp. Within this underwriting agreement, Tel axis Communications Corp. agrees to issue and sell a certain number of shares of common stock to Credit Suisse First Boston Corp., acting as the underwriter for the offering. The underwriter, in turn, agrees to purchase the shares from Tel axis Communications Corp. and subsequently offer them to the public at a specified price and within a defined timeframe. The agreement contains several key provisions, including the underwriter's commitment to use its best efforts to sell the shares, the agreed-upon purchase price, and the allocation of expenses related to the offering. Additionally, the underwriting agreement may include details regarding any green shoe option granted to the underwriter, allowing for the potential purchase of additional shares to stabilize the stock price. There may be different types of Kansas Underwriting Agreements between Tel axis Communications Corp. and Credit Suisse First Boston Corp., each tailored to specific offerings or situations. These variations may include firm commitment underwriting agreements, the best efforts underwriting agreements, or standby underwriting agreements. A firm commitment underwriting agreement guarantees that the underwriter will purchase all shares being offered by Tel axis Communications Corp., even if it results in a financial loss. This type of agreement provides more certainty for the issuer but places more risk on the underwriter. The best efforts underwriting agreement, on the other hand, stipulates that the underwriter will make reasonable efforts to sell the shares but does not guarantee the purchase of any unsold shares. This type of agreement shifts the risk primarily onto the issuer, as the underwriter is not obligated to purchase any unsold shares. Lastly, a standby underwriting agreement is used when Tel axis Communications Corp. plans a rights offering to its existing shareholders. In this scenario, the underwriter agrees to purchase any shares not subscribed for by existing shareholders, ensuring the success of the offering. In summary, the Kansas Underwriting Agreement between Tel axis Communications Corp. and Credit Suisse First Boston Corp. regarding the issuance and sale of shares of common stock is a critical legal document that establishes the terms and conditions of the public offering. The specific type of underwriting agreement can vary depending on the circumstances, with options including firm commitment, the best efforts, or standby agreements.