The purpose of the underwriting agreement is to ensure that all of the players understand their responsibility in the process, thus minimizing potential conflict.
The FCC defines advertising as material broadcast in definition underwriting agreement for any remuneration intended to promote any service, facility, or product of for profit entities. This definition covers thing you may not think are advertisements. Discussing a business that has supported your station can be advertising.
It does not have to be during a break in programming. Not being able to advertise though is a powerful thing.
Advertisements permeate throughout commercial stations. As a non-commercial station you are free from that and can produce rewarding content that is not sandwiched between cheesy advertisements. You may look at not being able to advertise as a curse, but it can be a gift.
Say Yes to Underwriting You are allowed to acknowledge contributors on-air. The FCC says this must be for identification purposes only and not promotion. This is known as underwriting. Underwriting can be a slippery slope and many times the FCC will issue a fine to stations for underwriting that sounds too much like an advertisement, but underwriting can be a great way to raise funds.
You must be careful though not to cross the line. Say No to Enhanced Underwriting You can get in trouble if your underwriting is enhanced to be more like an advertisement.
Remember underwriting is only identifying the contributor and not promoting them. Some things that clearly cross the line are: They do not give an exact duration of time, but have identified that underwriting longer than 30 seconds can appear to be an ad. It will be a case by case issue in regards to length but you do not want your underwriting anywhere close to 60 seconds.
There is no reason for them to even be longer than The FCC then assess that amount based on "the nature, circumstances, extent and gravity of the violation, and, with respect to the violator, the degree of culpability, any history of prior offenses, ability to pay, and such other matters as justice may require.
It is not worth it. Advertising is a very competitive market and commercial station want to make sure noncommercial stations are not stepping on their turf. Be careful what you are saying on air.
You should not be discussing the groups that have contributed to your station outside of underwriting. Do not have your on-air talent coming up underwriting announcements off the top of their heads.
Write a script for the announcement and then stick to it. According to these guidelines, underwriting credit pods the block of air-time used for underwriting should appear at the beginning or end of a program and should not be longer than 60 seconds, with no more than 15 seconds spent acknowledging each contributor.If you’re like most people who buy a home, you take out a mortgage to finance the purchase.
The process that lenders use to assess your creditworthiness is called underwriting.. Mortgage.
NEGOTIATED SALES In negotiated sales, municipal bonds are issued under an exclusive agreement with the underwriter or underwriting syndicate, which is selected by the issuer through a proposal.
The model underwriting agreement prescribed by SEBI also records underwriter’s agreement to underwrite/procure subscription. To cater to the transactions carried out in due course of business, the definition may be remodeled to read as “an agreement to subscribe to or procure subscription for securities, issued or offered for sale.
An agreement between a mortgage borrower in distress and the lender that allows the borrower to sell the house and remit the proceeds to the lender.
It is an alternative to . A service-level agreement (SLA) is a contract between a service provider and its internal or external customers that documents what services the provider will furnish and defines the service standards the provider is obligated to meet.
Underwriting Agreement means an Underwriting Agreement, Purchase Agreement or other similar agreement among the Underwriters, the Trust and certain other parties, approved by the Manager, providing for the purchase from time to time of Shares by the Underwriters.