Other Underwriters definition

Other Underwriters means the members of Lloyd's whether individuals, bodies corporate, or partnerships (other than the Underwriter) and such former members of Lloyd's as continue to have underwriting business at Lloyd's not fully wound up and the personal representatives or trustee in bankruptcy of any such member or former member who has died or become bankrupt.

Examples of Other Underwriters in a sentence

  • Nothing herein shall constitute a partnership between the Underwriter and the Agent or between the Underwriter and any of the Other Underwriters, the underwriting business of each Underwriter being carried on for his or its sole and separate account.

  • To the best of the Directors’ knowledge, information and belief, having made all reasonable enquiries, as at the date of this announcement, the Other Underwriters and their respective ultimate beneficial owners are independent third parties to the Company and its connected persons.

  • Only Alterations set out in the applicable Schedule Part 1 may be agreed by the Slip Leader alone on behalf of the Agreement Parties and Other Underwriters, each for its own individual signed proportion severally and not jointly.

  • Only Alterations set out in the applicable Schedule Part 2 may be agreed by the Slip Leader and Agreement Parties acting together on behalf of Other Underwriters, each for its own individual signed proportion severally and not jointly.

  • For the avoidance of doubt, no assets of the Trust Fund may be transferred out of such Trust Fund to pay a Reinsurance to Close premium unless such transaction is with the Underwriter and/or one or more of the Other Underwriters who have a Lloyd's United States Situs Credit for Reinsurance Trust that satisfies the requirements of the Domiciliary Commissioner.

  • The Trust Fund may, unless the Agent shall otherwise direct, be commingled with other Trust Funds of the Underwriter or any of the Other Underwriters and the assets of the Trust Fund may consist of an undivided percentage interest in the assets held on a commingled basis.

  • Date: 21 September 2017 Parties:(1)The Company; (2)Capital Securities; and (3)the Other Underwriters Capital Securities is a connected person of the Company pursuant to the Listing Rules.

  • MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED [Other Underwriters] By: MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED By: -------------------------------- Authorized Signatory For themselves and as Representatives of the other Underwriters named in SCHEDULE A hereto.

  • Other Underwriters in Syndicate: Alex, Brown & Sons Incorporated Banque Indosuez The Chicago Corporation Credit Lyonnais Securities Cowen & Company Daiwa Europe Limited Dain Bosworth Incorporated ING Bank N.V. Dean Witter Reynolds Inc.

  • Concurrently with the purchase of the Initial Securities by the Underwriters, the Company shall have issued, and the Other Underwriters shall have purchased and paid for, the Other Securities being sold pursuant to the Other Agreement.

Related to Other Underwriters

  • Underwriters includes the Representative(s), the Manager, and the Co-Managers. “Firm Securities” means the number or amount of Securities that the several Underwriters are initially committed to purchase under the Underwriting Agreement (which may be expressed as a percentage of an aggregate number or amount of Securities to be purchased by the Underwriters, as in the case of a standby Underwriting Agreement). “Additional Securities” means the Securities, if any, that the several Underwriters have an option to purchase under the Underwriting Agreement to cover sales of shares in excess of the number of Firm Securities. The number, amount, or percentage of Firm Securities set forth opposite each Underwriter’s name in the Underwriting Agreement plus any additional Firm Securities which such Underwriter has made a commitment to purchase, irrespective of whether such Underwriter actually purchases or sells such number, amount, or percentage of Securities under the Underwriting Agreement or Article XI hereof, is hereinafter referred to as the “Original Underwriting Obligation” of such Underwriter, and the ratio which such Original Underwriting Obligation bears to the total of all Firm Securities set forth in the Underwriting Agreement (or, in the case of a standby Underwriting Agreement, to 100%) is hereinafter referred to as the “Underwriting Percentage” of such Underwriter. For the avoidance of doubt, each Underwriter acknowledges and agrees that, for all purposes under this Agreement and otherwise (including, to the extent applicable, for purposes of Section 11(e) under the U.S. Securities Act of 1933 (the “1933 Act”)), each Underwriter’s Underwriting Percentage of the total number, amount, or percentage of Securities offered and sold in the Offering (including any Additional Securities), and only such number, amount, or percentage, constitutes the securities underwritten by such Underwriter and distributed to investors. 1 References herein to laws, statutory and regulatory sections, rules, regulations, forms, and interpretive materials will be deemed to include any successor provisions.

  • IPO Underwriter means each Person named as an underwriter in Schedule I to the IPO Underwriting Agreement who purchases Common Units pursuant thereto.

  • Participating Underwriter means any of the original underwriters of the Bonds required to comply with the Rule in connection with offering of the Bonds.

  • Underwriter means a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part of such dealer’s market-making activities.

  • Managing Underwriter means, with respect to any Underwritten Offering, the book running lead manager of such Underwritten Offering.

  • Loan processor or underwriter means an individual who performs clerical or support duties as an employee at the direction of and subject to the supervision and instruction of a person licensed, or exempt from licensing, under this chapter.

  • Underwrite means the authority to accept or reject risk on behalf of the insurer.

  • Underwriter Group shall have the meaning set forth in Section 9.2(b) hereof.

  • Underwritten Offering means a Registration in which securities of the Company are sold to an Underwriter in a firm commitment underwriting for distribution to the public.

  • Underwritten Shelf Takedown shall have the meaning given in subsection 2.3.3.