Underwritten. Notes which the defaulting Underwriter or Underwriters agreed but failed to purchase. As used in this Agreement, the term "Underwriter" includes any person substituted for an Underwriter under this Section. Nothing herein will relieve a defaulting Underwriter from liability for its default.
Appears in 2 contracts
Sources: Class a Note Underwriting Agreement (Case Receivables Ii Inc), Class C Note Underwriting Agreement (Case Receivables Ii Inc)