Alabama 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, The Alabama Second Amended and Restated Credit Agreement is a legal document that governs the financial arrangements between SBA Communications, Corp., SBA Telecommunications, Inc., and multiple banks and financial institutions. This agreement outlines the terms and conditions relating to credit facilities, loans, and other financial arrangements provided to SBA Communications and its subsidiary, SBA Telecommunications. The agreement is tailored to the specific needs of SBA Communications and SBA Telecommunications, addressing their financial requirements and objectives. It sets forth the maximum amount of credit available, the repayment terms, interest rates, and any fees associated with the credit facilities. Additionally, it may outline any collateral or guarantees that are required as security for the loans or credit extended. The Alabama Second Amended and Restated Credit Agreement will often cover various types of credit facilities, including revolving lines of credit, term loans, and letter of credit facilities. Each of these facilities will have their own specific terms and conditions within the agreement. Revolving lines of credit provide SBA Communications and SBA Telecommunications with the ability to borrow funds up to a predetermined limit. These funds can be drawn, repaid, and redrawn as needed, providing the companies with flexibility in managing their cash flow requirements. Term loans are fixed-amount loans that are scheduled to be repaid over a specific period. These loans typically have regular installment payments, including principal and interest, allowing SBA Communications and SBA Telecommunications to plan their financial obligations more accurately. Letter of credit facilities enable SBA Communications and SBA Telecommunications to establish credit with suppliers or other entities. These facilities typically provide a guarantee of payment to the recipient if certain conditions are met. The Alabama Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks and Financial Institutions is a crucial document that ensures effective coordination between the borrowing companies and the lending institutions. It protects the rights and obligations of all parties involved, providing a solid foundation for a successful financial relationship.

The Alabama Second Amended and Restated Credit Agreement is a legal document that governs the financial arrangements between SBA Communications, Corp., SBA Telecommunications, Inc., and multiple banks and financial institutions. This agreement outlines the terms and conditions relating to credit facilities, loans, and other financial arrangements provided to SBA Communications and its subsidiary, SBA Telecommunications. The agreement is tailored to the specific needs of SBA Communications and SBA Telecommunications, addressing their financial requirements and objectives. It sets forth the maximum amount of credit available, the repayment terms, interest rates, and any fees associated with the credit facilities. Additionally, it may outline any collateral or guarantees that are required as security for the loans or credit extended. The Alabama Second Amended and Restated Credit Agreement will often cover various types of credit facilities, including revolving lines of credit, term loans, and letter of credit facilities. Each of these facilities will have their own specific terms and conditions within the agreement. Revolving lines of credit provide SBA Communications and SBA Telecommunications with the ability to borrow funds up to a predetermined limit. These funds can be drawn, repaid, and redrawn as needed, providing the companies with flexibility in managing their cash flow requirements. Term loans are fixed-amount loans that are scheduled to be repaid over a specific period. These loans typically have regular installment payments, including principal and interest, allowing SBA Communications and SBA Telecommunications to plan their financial obligations more accurately. Letter of credit facilities enable SBA Communications and SBA Telecommunications to establish credit with suppliers or other entities. These facilities typically provide a guarantee of payment to the recipient if certain conditions are met. The Alabama Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks and Financial Institutions is a crucial document that ensures effective coordination between the borrowing companies and the lending institutions. It protects the rights and obligations of all parties involved, providing a solid foundation for a successful financial relationship.