Bear ,Stearns had committed to underwrite the $1.75 billion bank loan, so if the firm cannot find other lenders willing to participate in the loan it would be obligated to finance the entire amount.
Mr. Zeitz has committed to underwriting the museum's running costs and providing an acquisition budget, described as "substantial" in the press materials.
Also touched on: The looming impact of Brexit, with the committee calling on the government to "commit to underwriting, and where necessary replacing, funding for European research and innovation programmes, after we have left the European Union".
THE HAGUE — The United States will commit $40 million to underwrite the cost of holding elections in Afghanistan this summer, Secretary of State Hillary Rodham Clinton said Monday, as she began selling the Obama administration's new Afghanistan policy to friends and foes.
The government announced that it had disrupted a terror cell that was training women to be suicide bombers and committing robberies to underwrite its activities and was affiliated with Al Qaeda.
But the company, the world's largest retailer, stopped short of committing to help underwrite the improvements — one of the crucial aspects of the Bangladesh safety agreement adopted by European companies.
They failed to underwrite their own underwriters at AIG.
The Warhol Foundation already gave $100,000 to underwrite Hide/Seek, and it has also committed in total $375,000 in the past three years to Smithsonian institutions.
· European Central Bank to intervene in attempt to boost liquidity · Eurozone governments to underwrite bank debt until end of next year · Governments to commit to prevent collapse of "systemically relevant institutions" through recapitalisation if necessary Map: State aid: how governments have intervened.
A further problem is that planning consent requires the mayor of London to underwrite the bridge's annual running costs, and Sadiq Khan has refused to commit any more public money to the project.
