Tender Invitation: Company Requirements
Publisher one
ƵSource file
Jurisdiction
England and WalesCost
Free to useContract party
Relevant sectors
Type of legal document
💲 Invitation to tenderBusiness activity
Invite to tenderAn invitation to tender is a formal document that is issued by a government department or agency to potential suppliers. It sets out the terms and conditions under which the department or agency intends to award a contract for the supply of goods or services.
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The template typically covers various aspects of the underwriting agreement, including the scope of the underwriter's mandate, the underwriting commitment, and the underwriting fees or compensation to be paid. Additionally, it may address the conditions under which the underwriter is expected to source potential investors, market the securities, and potentially purchase any unsold portion of the securities.
The letter may also detail other significant clauses relevant to the underwriting arrangement, such as termination provisions, representations and warranties, indemnification, confidentiality, dispute resolution mechanisms, and applicable legal jurisdiction.
By providing a standardized framework for underwriting agreements, this legal template ensures clarity, professionalism, and legal compliance for all parties involved, promoting a fair and transparent underwriting process under the UK legal system.
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