PLAYBOOK TEMPLATES

Underwriting Agreement

An Underwriting Agreement governs the sale of securities by underwriters on behalf of an issuer. This playbook provides insights on indemnification, representations, and allocation of liability among underwriters.
Finance & Capital Markets
Issue & Concept List
Representations & Warranties
Covenants
Events of Default
Security & Collateral
Indemnification & Liability
Conditions Precedent
Interest Rate & Fees
Reporting Requirements
Governing Law & Disputes
Termination & Prepayment
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What you get in this playbook

1

Representations & Warranties

Statements of fact each party makes about its status, authority, and operations.
2

Covenants

Affirmative and negative obligations each party must perform or avoid during the life of the agreement.
3

Events of Default

Specific situations or breaches that entitle a party to remedies or termination rights.
4

Security & Collateral

Assets pledged to secure obligations under the transaction.
5

Indemnification & Liability

Allocation of losses, liabilities, and the extent of indemnity obligations between the parties.
6

Conditions Precedent

Requirements that must be satisfied or waived before funding or closing.
7

Interest Rate & Fees

Financial costs of the financing, including margin, commitment fees, and default interest.
8

Reporting Requirements

Ongoing financial, operational, and compliance information that the borrower must provide.
9

Governing Law & Disputes

Legal framework, venue, and procedures for resolving disagreements under the agreement.
10

Termination & Prepayment

Mechanisms allowing early exit, repayment, or termination of the financing.
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