standby fee

Standby fee

Amount paid to an underwriter who agrees to purchase any stock that is not purchased by public investors in a rights offering.

Standby Fee

A fee paid to an underwriter in exchange for an agreement that the underwriter will purchase the remainder of a new issue that it does not place with investors. See also: Jointly and Severally.

standby fee

The fee paid to an underwriter that agrees to purchase unsold securities as part of a standby underwriting agreement.

standby fee

A fee charged for a standby commitment.
References in periodicals archive ?
It had a 4-year term maturing in January 2019, with extension rights on mutual consent, bearing a US-dollar London Interbank Offered Rate plus 3% (adjustable in certain circumstances) and a standby fee of 0.
Is that a standby fee in case wee Willie is asked to pull on the boots next season?
Customers will be able to stand by for alternate flights without incurring the standby fee if a satisfactory alternate itinerary cannot be confirmed.
This standby fee can increase by up to 900% the time it takes to pay back the purchase price of the equipment.
Delta Air Lines has introduced a USD25 standby fee for passengers who want to be placed on a different flight within three hours of its departure.
1 the major airlines will begin charging a $100 same-day standby fee to travelers who change a flight to a different time of day.
In addition to 3,075 customers, the district assessed a standby fee on about 1,900 undeveloped lots.
The standby fee was originally proposed in an attempt to encourage travellers to avoid restrictive low-fare tickets.
The brothers are trying to negotiate with the Newhall County Water District to lower the $44,000 hookup and the monthly standby fee - which would be charged regardless of whether the line is used, said Tom Shollenberger, the district's general manager.
75%, depending on the type of borrowing and the Company's Senior Debt to EBITDA ratio and the standby fee will range from 0.
Any amounts not drawdown on a draw down date will bear a standby fee equal to 3% of the undrawn portion of drawdown amount is payable to the Lender on such applicable drawdown date.
Recently bankrupted carrier, United Airlines has announced plans to eliminate an unpopular USD100 standby fee.