Colorado Amended and Restated Credit Agreement between ADAC Laboratories, various financial institution and ABN AMRO Bank

• Category: Corporations - Public - Credit
• State: Multi-State
• Control #: US-EG-9230
• Format: Word; Rich Text

Description

Amended and Restated Credit Agreement between ADAC Laboratories, various financial institution and ABN AMRO Bank, N.V. regarding the addition of a new person as a lender and to increase the amount available for borrowing dated March 29, 1999. 63 pages. The Colorado Amended and Restated Credit Agreement is a legal document that serves as a binding agreement between ADAC Laboratories, several financial institutions, and ABN AFRO Bank. This agreement outlines the terms and conditions regarding a credit facility extended to ADAC Laboratories by the participating financial institutions, with ABN AFRO Bank acting as the administrative agent. This credit agreement is designed to provide ADAC Laboratories with financial support and flexibility to meet its various funding needs. It involves a syndicated loan structure where multiple lenders collectively provide the credit facility. The agreement specifies the roles, responsibilities, and obligations of all parties involved, ensuring transparency and accountability. Keywords: Colorado Amended and Restated Credit Agreement, ADAC Laboratories, financial institution, ABN AFRO Bank, legal document, binding agreement, terms and conditions, credit facility, syndicated loan, financial support, flexibility, funding needs, administrative agent, roles, responsibilities, obligations, transparency, accountability. Different types of Colorado Amended and Restated Credit Agreement may exist depending on the specific terms and structures agreed upon by ADAC Laboratories, the financial institutions, and ABN AFRO Bank. These variations may include: 1. Term Loan Agreement: This type of credit agreement stipulates that the borrowed funds will be repaid over a predetermined period, usually with scheduled installment payments. It allows ADAC Laboratories to secure financing for a specific purpose, such as expansion plans or capital investment. 2. Revolving Credit Agreement: In contrast to a term loan, a revolving credit agreement provides ADAC Laboratories with flexibility by allowing them to borrow and repay funds at any time within an agreed-upon credit limit. This type of agreement is particularly advantageous for managing short-term working capital needs or unforeseen expenses. 3. Bridge Loan Agreement: A bridge loan agreement could be part of the Colorado Amended and Restated Credit Agreement when ADAC Laboratories requires immediate financing before a more permanent and long-term financing solution is secured. A bridge loan helps them bridge the gap until the permanent financing is in place. These are just a few potential scenarios regarding the types of Colorado Amended and Restated Credit Agreement that could be established between ADAC Laboratories, different financial institutions, including ABN AFRO Bank. The specific terms and conditions of each agreement will vary based on the unique requirements and financial objectives of ADAC Laboratories and the participating parties.

The Colorado Amended and Restated Credit Agreement is a legal document that serves as a binding agreement between ADAC Laboratories, several financial institutions, and ABN AFRO Bank. This agreement outlines the terms and conditions regarding a credit facility extended to ADAC Laboratories by the participating financial institutions, with ABN AFRO Bank acting as the administrative agent. This credit agreement is designed to provide ADAC Laboratories with financial support and flexibility to meet its various funding needs. It involves a syndicated loan structure where multiple lenders collectively provide the credit facility. The agreement specifies the roles, responsibilities, and obligations of all parties involved, ensuring transparency and accountability. Keywords: Colorado Amended and Restated Credit Agreement, ADAC Laboratories, financial institution, ABN AFRO Bank, legal document, binding agreement, terms and conditions, credit facility, syndicated loan, financial support, flexibility, funding needs, administrative agent, roles, responsibilities, obligations, transparency, accountability. Different types of Colorado Amended and Restated Credit Agreement may exist depending on the specific terms and structures agreed upon by ADAC Laboratories, the financial institutions, and ABN AFRO Bank. These variations may include: 1. Term Loan Agreement: This type of credit agreement stipulates that the borrowed funds will be repaid over a predetermined period, usually with scheduled installment payments. It allows ADAC Laboratories to secure financing for a specific purpose, such as expansion plans or capital investment. 2. Revolving Credit Agreement: In contrast to a term loan, a revolving credit agreement provides ADAC Laboratories with flexibility by allowing them to borrow and repay funds at any time within an agreed-upon credit limit. This type of agreement is particularly advantageous for managing short-term working capital needs or unforeseen expenses. 3. Bridge Loan Agreement: A bridge loan agreement could be part of the Colorado Amended and Restated Credit Agreement when ADAC Laboratories requires immediate financing before a more permanent and long-term financing solution is secured. A bridge loan helps them bridge the gap until the permanent financing is in place. These are just a few potential scenarios regarding the types of Colorado Amended and Restated Credit Agreement that could be established between ADAC Laboratories, different financial institutions, including ABN AFRO Bank. The specific terms and conditions of each agreement will vary based on the unique requirements and financial objectives of ADAC Laboratories and the participating parties.