A standby underwriting agreement is used in conjunction with a preemptive rights offering. All standby underwritings are done on a firm commitment basis. The standby underwriter agrees to purchase any shares that current shareholders do not purchase. The standby underwriter will then resell the securities to the public. Underwriters counsel typically insists on few to ...

Four years after its entry into force, the scope of the agreement will expand to cover an additional 175 GI names from both sides. The agreement also includes a mechanism to add more geographical indications thereafter. The European Commission has just announced that the EU and China have signed a bilateral agreement to protect Geographical ...

Stay on topic. The focus here isnt on women who come in with STAR orders and never worry about the minimum order. The focus is on thousands of women who dont intend to work the business at a higher level, women who honestly believed they could start collecting orders and profiting 50% instantly, even if ...

Managing your contracts and business relationships is very important. If one party fails to fulfill their duties under the agreement, that party has breached the contract. For example, suppose that you’ve hired a masonry contractor to construct a brick patio outside your restaurant. You pay the contractor half of the agreed-upon price upfront. The contractor ...

5.4 In respect of the execution of the contract, the client is obliged to do everything reasonably necessary or appropriate to ensure that the translation agency can to deliver on time. 9.3 Should the translation agency be compelled by force majeure to discontinue the execution of the contract, it reserves the right to payment for ...