The market flex provision in an underwriting/syndication agreement means that the underwriter/lead syndicator has the right to cancel the loan agreement. True False
The market flex provision in an underwriting/syndication agreement means that the underwriter/lead syndicator has the right to cancel the loan agreement. True False
Chapter16: Financially Troubled Ventures: Turnaround Opportunities?
Section: Chapter Questions
Problem 4DQ
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The market flex provision in an underwriting/syndication agreement means that the underwriter/lead syndicator has the right to cancel the loan agreement.
True
False
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