Middlesex Massachusetts 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
• County: Middlesex
• 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. Middlesex Massachusetts Underwriting Agreement is a legal document that outlines the terms and conditions of the issuance and sale of shares of common stock between Tel axis Communications Corp. and Credit Suisse First Boston Corp. It serves as a contract between the two parties, governing the underwriting process and ensuring a smooth transaction. This agreement encompasses various important aspects, including the number of shares to be issued, the offering price, the responsibilities of both parties, and any additional terms and conditions that need to be fulfilled. Tel axis Communications Corp. appoints Credit Suisse First Boston Corp. as the underwriter, granting them the exclusive right to purchase and subsequently sell the shares to the public. The underwriting agreement between the two parties typically involves a firm commitment underwriting, where Credit Suisse First Boston Corp. agrees to purchase and sell all the offered shares, assuming the risk associated with the sale. This type of agreement provides Tel axis Communications Corp. with a guaranteed amount of funds raised through the issuance and sale of shares. Another type of underwriting agreement that may be present is a best-efforts underwriting agreement. In this scenario, Credit Suisse First Boston Corp. will use its best efforts to sell the shares but does not guarantee the sale of all the offered shares. The amount of funds raised will depend on the actual sales achieved through the underwriting process. The Middlesex Massachusetts Underwriting Agreement may also include provisions related to the underwriter's compensation, underwriting fees, and any expenses incurred during the process. It may also cover indemnification clauses, governing the responsibilities of each party in case of any legal disputes or claims arising from the agreement. In summary, the Middlesex Massachusetts Underwriting Agreement between Tel axis Communications Corp. and Credit Suisse First Boston Corp. outlines the terms and conditions for the issuance and sale of shares of common stock. The agreement may be of the firm commitment or best-efforts type, depending on the level of risk assumed by the underwriter. It covers various elements such as offering price, responsibilities, fees, and indemnification, ensuring a clear and transparent transaction between the two parties.

Middlesex Massachusetts Underwriting Agreement is a legal document that outlines the terms and conditions of the issuance and sale of shares of common stock between Tel axis Communications Corp. and Credit Suisse First Boston Corp. It serves as a contract between the two parties, governing the underwriting process and ensuring a smooth transaction. This agreement encompasses various important aspects, including the number of shares to be issued, the offering price, the responsibilities of both parties, and any additional terms and conditions that need to be fulfilled. Tel axis Communications Corp. appoints Credit Suisse First Boston Corp. as the underwriter, granting them the exclusive right to purchase and subsequently sell the shares to the public. The underwriting agreement between the two parties typically involves a firm commitment underwriting, where Credit Suisse First Boston Corp. agrees to purchase and sell all the offered shares, assuming the risk associated with the sale. This type of agreement provides Tel axis Communications Corp. with a guaranteed amount of funds raised through the issuance and sale of shares. Another type of underwriting agreement that may be present is a best-efforts underwriting agreement. In this scenario, Credit Suisse First Boston Corp. will use its best efforts to sell the shares but does not guarantee the sale of all the offered shares. The amount of funds raised will depend on the actual sales achieved through the underwriting process. The Middlesex Massachusetts Underwriting Agreement may also include provisions related to the underwriter's compensation, underwriting fees, and any expenses incurred during the process. It may also cover indemnification clauses, governing the responsibilities of each party in case of any legal disputes or claims arising from the agreement. In summary, the Middlesex Massachusetts Underwriting Agreement between Tel axis Communications Corp. and Credit Suisse First Boston Corp. outlines the terms and conditions for the issuance and sale of shares of common stock. The agreement may be of the firm commitment or best-efforts type, depending on the level of risk assumed by the underwriter. It covers various elements such as offering price, responsibilities, fees, and indemnification, ensuring a clear and transparent transaction between the two parties.