Underwriting Agreement of ABFS Mortgage Loan Trust 1999-4 and Prudential Securities Incorporation dated October 21, 1999. 20 pages
Collin Texas is a county located in the state of Texas, known for its rapidly growing population, thriving economy, and vibrant community. Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4, in connection with Prudential Securities, Inc., refers to a specific legal agreement between ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. This underwriting agreement is a contract between the mortgage loan trust and the securities firm, outlining the terms and conditions under which Prudential Securities will purchase and sell the mortgage-backed securities issued by ABCs Mortgage Loan Trust 1999-4. It is a crucial document that governs the overall underwriting process, ensuring compliance with regulatory guidelines and protecting the interests of both parties. The Collin Texas Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. may have variations or types based on specific arrangements or modifications in each instance. For example: 1. Standard Underwriting Agreement: This is the primary type of underwriting agreement that defines the basic terms and obligations between ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. It typically includes details regarding the offering price, allocation of securities, underwriting commission, and representations and warranties of both parties. 2. Modified Underwriting Agreement: In certain cases, the agreement may be modified to include specific provisions, such as changes in the underwriting fees, allocation percentages, or other customizations based on the requirements of the parties involved. These modifications aim to address specific circumstances or market conditions. 3. Renewal or Extension Agreement: If the original underwriting agreement is set to expire, but both parties wish to continue their collaboration, a renewal or extension agreement can be executed. This agreement outlines the extended terms, adjusted fees, or changes to the underwriting process to ensure a seamless continuation of the business relationship. 4. Supplemental Underwriting Agreement: Sometimes, an existing underwriting agreement may require additional terms or provisions due to unforeseen circumstances or regulatory changes. In such cases, a supplemental underwriting agreement may be created to supplement the original agreement, ensuring compliance and addressing any new requirements or conditions. These various types of Collin Texas Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. provide flexibility and adaptability to cater to the specific needs and circumstances of the mortgage loan trust and the securities firm involved. It is essential for both parties to thoroughly understand the terms and obligations outlined in the agreement, ensuring a smooth and mutually beneficial underwriting process.
Collin Texas is a county located in the state of Texas, known for its rapidly growing population, thriving economy, and vibrant community. Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4, in connection with Prudential Securities, Inc., refers to a specific legal agreement between ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. This underwriting agreement is a contract between the mortgage loan trust and the securities firm, outlining the terms and conditions under which Prudential Securities will purchase and sell the mortgage-backed securities issued by ABCs Mortgage Loan Trust 1999-4. It is a crucial document that governs the overall underwriting process, ensuring compliance with regulatory guidelines and protecting the interests of both parties. The Collin Texas Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. may have variations or types based on specific arrangements or modifications in each instance. For example: 1. Standard Underwriting Agreement: This is the primary type of underwriting agreement that defines the basic terms and obligations between ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. It typically includes details regarding the offering price, allocation of securities, underwriting commission, and representations and warranties of both parties. 2. Modified Underwriting Agreement: In certain cases, the agreement may be modified to include specific provisions, such as changes in the underwriting fees, allocation percentages, or other customizations based on the requirements of the parties involved. These modifications aim to address specific circumstances or market conditions. 3. Renewal or Extension Agreement: If the original underwriting agreement is set to expire, but both parties wish to continue their collaboration, a renewal or extension agreement can be executed. This agreement outlines the extended terms, adjusted fees, or changes to the underwriting process to ensure a seamless continuation of the business relationship. 4. Supplemental Underwriting Agreement: Sometimes, an existing underwriting agreement may require additional terms or provisions due to unforeseen circumstances or regulatory changes. In such cases, a supplemental underwriting agreement may be created to supplement the original agreement, ensuring compliance and addressing any new requirements or conditions. These various types of Collin Texas Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. provide flexibility and adaptability to cater to the specific needs and circumstances of the mortgage loan trust and the securities firm involved. It is essential for both parties to thoroughly understand the terms and obligations outlined in the agreement, ensuring a smooth and mutually beneficial underwriting process.