The Alabama Fourth Amendment to Amended Restated Credit Agreement is a legally binding document which outlines the modifications made to the existing credit agreement between Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus. This amendment serves to update and clarify certain terms and conditions governing the credit facility provided by the banks to Ray tel Medical Corp. Keywords: Alabama Fourth Amendment, Amended Restated Credit Agreement, Ray tel Medical Corp, Bank Boston, N.A., Banquet Paribus, modifications, credit facility. The Alabama Fourth Amendment to Amended Restated Credit Agreement can encompass various types of modifications or changes that have been agreed upon by the parties involved. These modifications can include but are not limited to the following: 1. Interest Rate Adjustment: The amendment may involve adjusting the interest rate applied to the outstanding loan balance. This change can be made to reflect changes in market conditions, the financial standing of Ray tel Medical Corp, or any other relevant factors affecting the credit facility. 2. Loan Term Extension: Another possible modification could be an extension of the loan term. This alteration would provide Ray tel Medical Corp with a longer period to repay the borrowed funds, which may be necessary considering the company's financial situation or business objectives. 3. Increase in Credit Limit: The amendment might involve an increase in the credit limit available to Ray tel Medical Corp under the credit agreement. This increase acknowledges the company's growing needs and financial stability, allowing them to access additional funds if required. 4. Collateral Reassessment: The amendment may involve a reassessment of the collateral provided by Ray tel Medical Corp to secure the credit facility. This reevaluation is conducted to ensure that the collateral adequately covers the loan amount and complies with any necessary regulations or criteria. 5. Amendment of Covenants: The amendment may include modifications to the various covenants outlined in the original credit agreement. These covenants serve to protect the interests of the banks while ensuring responsible and diligent financial management by Ray tel Medical Corp. It is important to note that the specific details and types of modifications within the Alabama Fourth Amendment to Amended Restated Credit Agreement between Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus will be explicitly stated within the document itself. Parties involved should carefully review and understand the terms before proceeding with the amendment.
Alabama Fourth Amendment to Amended Restated Credit Agreement between Raytel Medical Corp, Bank Boston, N.A. and Banque Paribas
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