Relationships with Underwriters Clause Samples
The 'Relationships with Underwriters' clause defines the terms governing interactions and agreements between the contracting party and any underwriters involved in a transaction, such as those underwriting securities or insurance. This clause typically outlines the roles, responsibilities, and obligations of each party, and may address issues like compensation, disclosure requirements, and conflict of interest management. Its core function is to ensure transparency and set clear expectations, thereby minimizing misunderstandings and potential disputes between the parties and underwriters.
Relationships with Underwriters. Neither the Company nor any of the Subsidiaries (i) has any material lending or other relationship with any bank or lending affiliate of any of the Underwriters or (ii) intends to use any of the proceeds from the sale of the Securities hereunder to repay any outstanding debt owed to any affiliate of any of the Underwriters.
Relationships with Underwriters. The Company (i) does not have any material lending or other relationship with any bank or lending affiliate of any Underwriter and (ii) does not intend to use any of the proceeds from the sale of the Shares to repay any outstanding debt owed to any affiliate of any Underwriter. Any certificate signed by or on behalf of the Company and delivered to the Representatives or to counsel for the Underwriters shall be deemed to be a representation and warranty by the Company to each Underwriter as to the matters covered thereby. The Company has a reasonable basis for making each of the representations set forth in this Section 1. The Company acknowledges that the Underwriters and, for purposes of the opinions to be delivered pursuant to Section 6 hereof, counsel to the Company and counsel to the Underwriters, will rely upon the accuracy and truthfulness of the foregoing representations and hereby consents to such reliance.
Relationships with Underwriters. Except as disclosed in the Registration Statement and the Pricing Disclosure Package, none of the Partnership Entities (i) has any material lending or other relationship with any bank or lending affiliate of the Underwriters and (ii) intends to use any of the proceeds from the sale of the Units hereunder to repay any outstanding debt owed to any affiliate of the Underwriters or to settle any derivative position with any affiliate of the Underwriters.