
A contract among participating members of a syndicate that defines the members` proportionate liability, which is usually limited to and based on the participants` level of involvement. The contract outlines the payment schedule on the settlement date. Compare: Underwriting agreement.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglosa.htm

A contract amoung participating members of a syndicate that defines the members' proportionate liabi
Found on
http://www.encyclo.co.uk/local/22402
No exact match found.