stand-by commitment definition
stand-by commitment means an agreement by a person to acquire the securities of an issuer not subscribed for under the basic subscription privilege or the additional subscription privilege;
stand-by commitment means an agreement by a person or company to acquire securities of an issuer not issued under the basic subscription privilege or the additional subscription privilege available under a rights offering; and
stand-by commitment means an agreement between an issuer and the stand-by guarantor who agrees to acquire the securities of the issuer not subscribed for under the basic subscription privilege or the additional subscription privilege;
More Definitions of stand-by commitment
stand-by commitment has the meaning assigned thereto in Section 5.03(2)(b)(i).
stand-by commitment has the meaning assigned to such term in Section 2.1(d) hereof.
stand-by commitment has the meaning set forth in Section 3(a).