Delaware Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co and Merrill Lynch Capital Corp

• Category: Corporations - Public - Credit
• State: Multi-State
• Control #: US-EG-9197
• Format: Word; Rich Text

Description

Credit Agreement between Unilab Corporation, Various Lending Institutions, Bankers Trust Company and Merrill Lynch Capital Corporation dated November 23, 1999. 110 pages The Delaware Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is a legally binding document that outlines the terms and conditions of a credit arrangement between these parties. This agreement serves as a framework for the extension of credit to Unilab Corp by the lending institutions, with Bankers Trust Co and Merrill Lynch Capital Corp acting as the agents. The Delaware Credit Agreement outlines essential aspects such as the purpose, amount, and duration of the credit facility. It details the interest rates, fees, and repayment terms agreed upon by the parties involved. The agreement also includes provisions for events of default, remedies for default, and other contingencies that may arise during the term of the credit facility. There may be different types of Delaware Credit Agreements between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp, tailored to specific financing needs. These may include: 1. Revolving Credit Agreement: This type of credit agreement provides Unilab Corp with a revolving line of credit, allowing them to borrow and repay funds as needed within an agreed-upon limit. 2. Term Loan Agreement: In this agreement, Unilab Corp receives a lump sum loan from the lending institutions for a specific term. It typically carries a fixed interest rate and regular installment payments. 3. Syndicated Credit Agreement: This agreement involves multiple lenders pooling their funds to provide a large credit facility to Unilab Corp. The participating lenders share the risk and administration responsibilities. 4. Secured Credit Agreement: This type of agreement involves Unilab Corp providing collateral, such as real estate or inventory, as security for the credit facility. In case of default, the lenders have the right to seize and liquidate the collateral to recover their funds. 5. Unsecured Credit Agreement: In this agreement, Unilab Corp does not provide any collateral. Instead, the creditworthiness and financial standing of the company determine the lending terms. The Delaware Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is a crucial financial tool that enables Unilab Corp to access the necessary capital for its operations and growth. It ensures a clear understanding of the rights, responsibilities, and obligations of all parties involved, promoting transparency and a mutually beneficial relationship.

The Delaware Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is a legally binding document that outlines the terms and conditions of a credit arrangement between these parties. This agreement serves as a framework for the extension of credit to Unilab Corp by the lending institutions, with Bankers Trust Co and Merrill Lynch Capital Corp acting as the agents. The Delaware Credit Agreement outlines essential aspects such as the purpose, amount, and duration of the credit facility. It details the interest rates, fees, and repayment terms agreed upon by the parties involved. The agreement also includes provisions for events of default, remedies for default, and other contingencies that may arise during the term of the credit facility. There may be different types of Delaware Credit Agreements between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp, tailored to specific financing needs. These may include: 1. Revolving Credit Agreement: This type of credit agreement provides Unilab Corp with a revolving line of credit, allowing them to borrow and repay funds as needed within an agreed-upon limit. 2. Term Loan Agreement: In this agreement, Unilab Corp receives a lump sum loan from the lending institutions for a specific term. It typically carries a fixed interest rate and regular installment payments. 3. Syndicated Credit Agreement: This agreement involves multiple lenders pooling their funds to provide a large credit facility to Unilab Corp. The participating lenders share the risk and administration responsibilities. 4. Secured Credit Agreement: This type of agreement involves Unilab Corp providing collateral, such as real estate or inventory, as security for the credit facility. In case of default, the lenders have the right to seize and liquidate the collateral to recover their funds. 5. Unsecured Credit Agreement: In this agreement, Unilab Corp does not provide any collateral. Instead, the creditworthiness and financial standing of the company determine the lending terms. The Delaware Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is a crucial financial tool that enables Unilab Corp to access the necessary capital for its operations and growth. It ensures a clear understanding of the rights, responsibilities, and obligations of all parties involved, promoting transparency and a mutually beneficial relationship.