Virginia Underwriting Agreement between Advanta Equipment Receivable Series LLC and Advanta Bank Corporation

• Category: Corporations - Public - Agreements - Underwriting
• State: Multi-State
• Control #: US-EG-9171
• Format: Word; Rich Text

Description

Underwriting Agreement between Advanta Equipment Receivable Series 2000-_____ LLC and Advanta Bank Corp. dated 00/00. 14 pages Virginia Underwriting Agreement is a legally binding contract entered into between Advance Equipment Receivable Series LLC (hereinafter referred to as "Advance LLC") and Advance Bank Corporation (hereinafter referred to as "Advance Bank"). This agreement establishes the terms and conditions under which Advance LLC will underwrite certain securities issued by Advance Bank, following the guidelines specified by Virginia state laws. There are different types of Virginia Underwriting Agreements that exist between Advance LLC and Advance Bank, addressing specific aspects of the underwriting process. Some of these agreements include: 1. Equity Underwriting Agreement: This type of agreement outlines the terms and conditions for underwriting equity securities issued by Advance Bank, such as common stock or preferred stock. 2. Debt Underwriting Agreement: This agreement focuses on underwriting debt securities issued by Advance Bank, including bonds, notes, or other forms of debt instruments. 3. Municipal Underwriting Agreement: In the case of Advance Bank issuing municipal securities, such as municipal bonds, this agreement regulates the underwriting process and sets forth the obligations and responsibilities of both parties. 4. Public Offering Underwriting Agreement: This agreement specifically covers the underwriting of securities available to the public through an initial public offering (IPO) or subsequent offerings. 5. Private Placement Underwriting Agreement: In certain cases, Advance Bank may choose to issue securities through a private placement instead of a public offering. This agreement defines the terms and conditions of underwriting such privately placed securities. The Virginia Underwriting Agreement between Advance LLC and Advance Bank typically includes key provisions relating to the offering, such as the underwriter's commitment to purchase the securities, terms of payment, representations and warranties made by both parties, indemnification clauses, selling restrictions, governing law, and dispute resolution mechanisms. Furthermore, the agreement outlines the responsibilities of each party, including the due diligence process, marketing and distribution of the securities, regulatory compliance, and disclosure obligations. It also covers the allocation of risks and liabilities between Advance LLC and Advance Bank, aiming to provide a structured framework to ensure a fair, transparent, and efficient underwriting process. Overall, the Virginia Underwriting Agreement reflects the collaborative efforts and mutual understanding between Advance LLC and Advance Bank to facilitate the issuance and underwriting of securities in accordance with Virginia state laws and regulations.

Virginia Underwriting Agreement is a legally binding contract entered into between Advance Equipment Receivable Series LLC (hereinafter referred to as "Advance LLC") and Advance Bank Corporation (hereinafter referred to as "Advance Bank"). This agreement establishes the terms and conditions under which Advance LLC will underwrite certain securities issued by Advance Bank, following the guidelines specified by Virginia state laws. There are different types of Virginia Underwriting Agreements that exist between Advance LLC and Advance Bank, addressing specific aspects of the underwriting process. Some of these agreements include: 1. Equity Underwriting Agreement: This type of agreement outlines the terms and conditions for underwriting equity securities issued by Advance Bank, such as common stock or preferred stock. 2. Debt Underwriting Agreement: This agreement focuses on underwriting debt securities issued by Advance Bank, including bonds, notes, or other forms of debt instruments. 3. Municipal Underwriting Agreement: In the case of Advance Bank issuing municipal securities, such as municipal bonds, this agreement regulates the underwriting process and sets forth the obligations and responsibilities of both parties. 4. Public Offering Underwriting Agreement: This agreement specifically covers the underwriting of securities available to the public through an initial public offering (IPO) or subsequent offerings. 5. Private Placement Underwriting Agreement: In certain cases, Advance Bank may choose to issue securities through a private placement instead of a public offering. This agreement defines the terms and conditions of underwriting such privately placed securities. The Virginia Underwriting Agreement between Advance LLC and Advance Bank typically includes key provisions relating to the offering, such as the underwriter's commitment to purchase the securities, terms of payment, representations and warranties made by both parties, indemnification clauses, selling restrictions, governing law, and dispute resolution mechanisms. Furthermore, the agreement outlines the responsibilities of each party, including the due diligence process, marketing and distribution of the securities, regulatory compliance, and disclosure obligations. It also covers the allocation of risks and liabilities between Advance LLC and Advance Bank, aiming to provide a structured framework to ensure a fair, transparent, and efficient underwriting process. Overall, the Virginia Underwriting Agreement reflects the collaborative efforts and mutual understanding between Advance LLC and Advance Bank to facilitate the issuance and underwriting of securities in accordance with Virginia state laws and regulations.