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 ?
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.
The standby fee was originally proposed in an attempt to encourage travellers to avoid restrictive low-fare tickets.
The company's credit facility shall mature on 1 August 2015 and bear interest at a rate of 15% per annum on all drawn advances alongside a standby fee of 3.
Recently bankrupted carrier, United Airlines has announced plans to eliminate an unpopular USD100 standby fee.
Customers of ECS will pay a low monthly standby fee and then only pay for service when or if they actually need it, and more importantly, the service is available when they really need it.