Health insurance The process of determining a person's insurability in terms of life, liability, home, and other insurance policies and whether it will accept an application for insurance. See Field underwriting, Medical malpractice underwriting.
The Company had entered into an Underwriting Agreement with Patersons Corporate Finance ("PCF") for the first $2 million of the offer to be underwritten by PCF, however due to Market conditions and in accordance with the terms of the Underwriting Agreement the balance will now not be taken up by PCF.
A agreed not to sell, otherwise dispose of or hedge any S common shares, options, warrants or convertible securities from May 5-November 2 of year 2 (lock-up period), as required under the underwriting agreement (and other agreements).
(NYSE: IM) said that it has entered into an underwriting agreement for the sale of USD500 million in principal amount of 4.950 percent senior unsecured notes due 2024 at an issue price of 99.649 perent.