Travis Texas Underwriting Agreement is a legal contract between ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. This agreement establishes the terms and conditions under which Prudential Securities, Inc. agrees to underwrite the issuance and sale of mortgage-backed securities offered by ABCs Mortgage Loan Trust 1999-4. Under this agreement, Prudential Securities, Inc. assumes the responsibility of purchasing the mortgage-backed securities from ABCs Mortgage Loan Trust 1999-4 at a predetermined price. The underwriting process involves assessing the risks associated with the mortgage-backed securities and determining an appropriate offering price. The Travis Texas Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. outlines various clauses, including but not limited to the following: 1. Offering Terms: Specifies the number and type of mortgage-backed securities being offered, the offering price, and any other pertinent terms related to the sale. 2. Representations and Warranties: ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. provide assurances regarding the accuracy of information provided in the offering documents and the absence of any misrepresentations or omissions. 3. Conditions of Closing: Outlines the conditions that must be met for the closing of the underwriting agreement. This may include regulatory approvals, satisfactory due diligence, and compliance with applicable laws and regulations. 4. Indemnification: Specifies the responsibilities of each party regarding indemnification for any losses, claims, or liabilities arising from misrepresentations, non-compliance, or breach of the agreement. It is important to note that the specific terms and conditions of the Travis Texas Underwriting Agreement may vary depending on the particular agreement entered into between ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. Different versions or amendments of the agreement may exist to accommodate unique circumstances or changes in market conditions. Overall, the Travis Texas Underwriting Agreement of ABCs Mortgage Loan Trust 1999-4 and Prudential Securities, Inc. is a crucial legal document that governs the underwriting process for mortgage-backed securities, providing clarity and protection for both parties involved.