Bronx New York Underwriting Agreement Tel axis Communications Corp. and Credit Suisse First Boston Corp. have entered into an underwriting agreement to facilitate the issuance and sale of shares of common stock. This agreement outlines the terms and conditions under which Credit Suisse First Boston Corp. will act as the underwriter for Tel axis Communications Corp.'s common stock offering. Under this agreement, Credit Suisse First Boston Corp. will purchase a specified number of shares of Tel axis Communications Corp.'s common stock at a predetermined price. The underwriter will then resell these shares to investors, assuming the risk of any unsold shares and receiving a commission for their underwriting services. This particular Bronx New York Underwriting Agreement ensures a smooth and efficient stock offering process for Tel axis Communications Corp. It brings together the expertise of Credit Suisse First Boston Corp. as a reputed underwriter and Tel axis Communications Corp.'s aim for raising capital through the sale of common stock. The agreement covers various essential aspects, including the size and price of the offering, the underwriter's responsibilities, and the disclosure obligations of Tel axis Communications Corp. It also includes provisions for the allocation of shares, the handling of any over allotments, and the settlement process. Different types of Bronx New York Underwriting Agreements may exist depending on the specific terms and characteristics of the stock offering. These may include: 1. Firm Commitment Underwriting: In this type of agreement, the underwriter agrees to purchase and resell a specific number of shares from Tel axis Communications Corp. regardless of the subscription from investors. The underwriter assumes the full financial responsibility for any unsold shares. 2. The Best Efforts Underwriting: In this arrangement, the underwriter agrees to make a reasonable effort to sell as many shares as possible but is not obligated to purchase any unsold shares. They act as a facilitator between Tel axis Communications Corp. and potential investors. 3. Bought Deal Underwriting: In this scenario, the underwriter agrees to purchase all the shares being offered by Tel axis Communications Corp. in a single transaction. The underwriter bears the risk of selling the shares to investors and assumes full financial responsibility for any unsold shares. Overall, the Bronx New York Underwriting Agreement between Tel axis Communications Corp. and Credit Suisse First Boston Corp. represents a significant step in the capital markets for Tel axis Communications Corp. It allows them to raise necessary funds while leveraging the expertise and network of Credit Suisse First Boston Corp. in facilitating the offering of common stock.