Alaska Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks and Financial Institutions

• Category: Corporations - Public - Credit
• State: Multi-State
• Control #: US-EG-9414
• Format: Word; Rich Text

Description

Second Amended and Restated Credit Agreement among SBA Communications, Corporation, SBA Telecommunications, Inc., Several Banks and Other Financial Institutions or Entities, Lehman Brothers, Inc., General Electric Capital Corporation, Toronto Dominion, Keywords: Alaska Second Amended and Restated Credit Agreement, SBA Communications, SBA Telecommunications, Banks, Financial Institutions. The Alaska Second Amended and Restated Credit Agreement is a legal document that outlines the terms and conditions of a credit facility among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions. This agreement serves as a framework for their financial relationship, establishing the rules and responsibilities regarding borrowing and lending. The agreement contains provisions related to the credit facility's purpose, amount, and repayment terms. It also covers interest rates, collateral, security interests, and guarantees provided by the borrower. These provisions are designed to protect the banks and financial institutions while providing SBA Communications and SBA Telecommunications with the necessary financial support. Furthermore, the Alaska Second Amended and Restated Credit Agreement outlines the conditions for borrowing and the repayment schedule, including any penalties or fees associated with late payments or defaults. It also specifies events of default and the remedies available to the lenders if such events occur. Types of the Alaska Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions may include: 1. Revolving Credit Facility: This type of credit agreement provides SBA Communications and SBA Telecommunications with the flexibility to borrow, repay, and borrow again within a predetermined credit limit. 2. Term Loan Agreement: In this type of credit agreement, SBA Communications and SBA Telecommunications borrow a specific amount for a fixed period, with scheduled repayments over time. 3. Bridge Loan Agreement: A bridge loan agreement provides short-term financing to bridge a temporary gap in funding, typically until a long-term financing arrangement is secured. 4. Asset-Based Loan Agreement: This type of credit agreement utilizes the borrower's assets, such as accounts receivable, inventory, or real estate, as collateral to secure the loan. In conclusion, the Alaska Second Amended and Restated Credit Agreement is a crucial financial instrument that outlines the terms and conditions of the credit relationship between SBA Communications, SBA Telecommunications, and several banks and financial institutions. It ensures transparency and establishes the framework for borrowing and lending, providing the necessary financial support for the growth and operations of the companies involved.

Keywords: Alaska Second Amended and Restated Credit Agreement, SBA Communications, SBA Telecommunications, Banks, Financial Institutions. The Alaska Second Amended and Restated Credit Agreement is a legal document that outlines the terms and conditions of a credit facility among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions. This agreement serves as a framework for their financial relationship, establishing the rules and responsibilities regarding borrowing and lending. The agreement contains provisions related to the credit facility's purpose, amount, and repayment terms. It also covers interest rates, collateral, security interests, and guarantees provided by the borrower. These provisions are designed to protect the banks and financial institutions while providing SBA Communications and SBA Telecommunications with the necessary financial support. Furthermore, the Alaska Second Amended and Restated Credit Agreement outlines the conditions for borrowing and the repayment schedule, including any penalties or fees associated with late payments or defaults. It also specifies events of default and the remedies available to the lenders if such events occur. Types of the Alaska Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions may include: 1. Revolving Credit Facility: This type of credit agreement provides SBA Communications and SBA Telecommunications with the flexibility to borrow, repay, and borrow again within a predetermined credit limit. 2. Term Loan Agreement: In this type of credit agreement, SBA Communications and SBA Telecommunications borrow a specific amount for a fixed period, with scheduled repayments over time. 3. Bridge Loan Agreement: A bridge loan agreement provides short-term financing to bridge a temporary gap in funding, typically until a long-term financing arrangement is secured. 4. Asset-Based Loan Agreement: This type of credit agreement utilizes the borrower's assets, such as accounts receivable, inventory, or real estate, as collateral to secure the loan. In conclusion, the Alaska Second Amended and Restated Credit Agreement is a crucial financial instrument that outlines the terms and conditions of the credit relationship between SBA Communications, SBA Telecommunications, and several banks and financial institutions. It ensures transparency and establishes the framework for borrowing and lending, providing the necessary financial support for the growth and operations of the companies involved.