bond-basics

Agreement Among Underwriters

Agreement used in the purchase of a Bond Issue by a Syndicate to set out the rights, obligations and purchase commitments of each Underwriter; to authorize one or more Underwriters to act as Manager(s); and to give the Manager(s) authority to act on behalf of the others in connection with the Bond Issue.

See Also

Manager or Co-Manager

One or more members of a bond underwriting syndicate that has primary responsibility for managing the syndicate.

Hudson Yards Rail Yards

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Call Provisions

Provisions in a bond that permit or require an issuer to prepay or redeem bonds before the stated maturity date. Such provisions are found in an Indenture or the bond resolution under “redemption.”