Underwrite definition

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

Underwrite means the acceptance or rejection of risk on

Underwrite means the authority to assume or reject risks on behalf of the insurer.

Examples of Underwrite in a sentence

• In our opinion, and viewed in isolation of the Underwrite and the Rights Issue, the MTL Reclassification and the MTL Distribution have limited practical impact on the MTL Associated Shareholders level of control over MEE.

• While there is a continuum of results subject to the level of participation of the Non-associated Shareholders in the Rights Issue, it is possible that the Shares issued to the MTL Associated Shareholders (pursuant to the Rights Issue and the Underwrite) will constitute more than 50% of all of the Shares to be issued in the Rights Issue.

• To give effect to the Underwrite BIT and SIT, as the Underwriters, will apply on behalf of MTL for its pro-rata entitlement and will then apply, on behalf of MTL, for additional Shares in the oversubscription facility such that the Underwriters combined applications will total $2.0 million.

• Because the Jarvis Trust owns more than 10% of the Voting Shares it is a Related Party and so shareholder approval is required.The Transaction is also a Material Transaction as the Underwrite and the MTL Associated Shareholders participation in the Rights Issue equates to the potential issue of equity securities above 10% of MEE’s Average Market Capitalisation.

• Although they do increase their voting control within the ‘no-fly’ zone of the Code, in the absence of the Underwrite and the Rights Issue the MTL Associated Shareholders’ level of control will remain dependent upon the voting patterns of the Non-associated Shareholders.

More Definitions of Underwrite

Underwrite means the authority to accept or reject risk on

Underwrite or “Underwriting” means the examination of an Applicant’s Application, credit history, income and financial resources, assets and appraisal for the purpose of determining whether to extend credit to the Applicant, under applicable Guidelines

Underwrite means to contract, with or without conditions, to subscribe for stocks, shares, bonds or debentures of an enterprise with a view to the resale of the whole or part of it.

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

Underwrite means the authority to accept or reject risk on behalf of the insurer. 91 Acts, ch 26, §2 Referred to in §510.6, 510.10 510.2 Contracts with managing general agents.

Underwrite means the authority to accept or reject risk on behalf of the insurer. 91 Acts, ch 26, §2Referred to in §510.6, 510.10

Underwrite or “Underwriting” means the examination of the Borrower’s application, credit history, income, and financial resources for the purpose of determining whether to extend credit to a Borrower.