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.
The success of the Global Fund has not gone unnoticed as a model for collaborative global funding: an expanded Global Fund for Health has been proposed, [ 23] as has a Framework Convention on Global Health, [ 24] each reliant on a global partnership that would commit to underwrite a global provision of essential health services.
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".
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.
For the children committed to a psychiatric ward, they helped underwrite the pet project of Dr. David DeMaso, the psychiatrist-in-chief of Children's Hospital Boston.
"The recession came along, and the network wasn't finding the underwriting dollars they had committed to," said Steve Rathe, president of Murray Street Enterprise, which created the program with WGBH in Boston.
Under the legally enforceable plan, retailers and apparel companies have committed to having rigorous, independent factory inspections, and to helping underwrite any fire safety and building repairs needed to correct violations.
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.
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.
Many on the trading floor considered Mr Corzine's fall a bad omen for their own future, though the firm insists that it is still as committed to trading as it is to its less risky advisory and underwriting businesses.
