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Investing Glossary:
Agreement among underwriters
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Agreement among underwriters
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| Definition: |
| A Contract among participating members of a Syndicate that defines the members` proportionate liability, which is usually limited to and based On the participants` level of involvement. The contract outlines the payment schedule on the Settlement date. Compare: Underwriting agreement.
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