Standby Agreement. An agreement between the issuer of a security and its underwriters stating that the underwriters are responsible for any unsold portion of the issue. That is, the underwriters agree to buy the remainder of a new issue if they are unable to place its entirety with investors.
A sponge has water flow in through the pores. The water contains the food and oxygen the sponge needs. Respiration. A sponge takes in water through its pores and in more advanced forms, with canals that move the water to all throughout the sponge.
collagen-like gel containing suspended cells that perform various functions in the sponge osculum large opening in the spongeâs body through which water leaves ostium pore present on the spongeâs body through which water enters pinacocyte epithelial-like cell that forms the outermost layer of sponges and encloses a jelly-like substance called mesohyl