Illinois 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 Illinois Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions is an agreement that outlines the terms and conditions of a credit facility provided to SBA Communications, Corp. and its subsidiary, SBA Telecommunications, Inc., by multiple banks and financial institutions in the state of Illinois. This credit agreement is designed to provide SBA Communications, Corp. and SBA Telecommunications, Inc. with the necessary funding to meet their ongoing operational needs, capital expenditures, and expansion efforts. The agreement offers them a revolving credit facility, which means they can borrow, repay, and re-borrow funds as needed within the agreed-upon limits. The Illinois Second Amended and Restated Credit Agreement includes various key provisions, such as the borrowing capacity, interest rates, commitment fees, conditions precedent, representations and warranties, affirmative and negative covenants, events of default, and remedies for default. It also captures the roles and responsibilities of both the borrowing entities and the financial institutions involved. In terms of different types of Illinois Second Amended and Restated Credit Agreements, there may be variations depending on the purpose of the financing, specific terms and conditions, or the involvement of different banks and financial institutions. For example, there could be separate credit agreements for different subsidiaries or divisions within SBA Communications, Corp., or different credit facilities specifically tailored for acquisition financing, working capital, or specific projects. The intention behind the Second Amended and Restated Credit Agreement is to provide a comprehensive and updated document that reflects any changes, modifications, and amendments made to the original agreement. This ensures clarity and transparency for all parties involved and helps facilitate a smooth borrowing and lending relationship. Overall, the Illinois Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions serves as a crucial financial tool for SBA Communications, Corp. and SBA Telecommunications, Inc., enabling them to access the necessary funding to support their business operations and growth strategies.

The Illinois Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions is an agreement that outlines the terms and conditions of a credit facility provided to SBA Communications, Corp. and its subsidiary, SBA Telecommunications, Inc., by multiple banks and financial institutions in the state of Illinois. This credit agreement is designed to provide SBA Communications, Corp. and SBA Telecommunications, Inc. with the necessary funding to meet their ongoing operational needs, capital expenditures, and expansion efforts. The agreement offers them a revolving credit facility, which means they can borrow, repay, and re-borrow funds as needed within the agreed-upon limits. The Illinois Second Amended and Restated Credit Agreement includes various key provisions, such as the borrowing capacity, interest rates, commitment fees, conditions precedent, representations and warranties, affirmative and negative covenants, events of default, and remedies for default. It also captures the roles and responsibilities of both the borrowing entities and the financial institutions involved. In terms of different types of Illinois Second Amended and Restated Credit Agreements, there may be variations depending on the purpose of the financing, specific terms and conditions, or the involvement of different banks and financial institutions. For example, there could be separate credit agreements for different subsidiaries or divisions within SBA Communications, Corp., or different credit facilities specifically tailored for acquisition financing, working capital, or specific projects. The intention behind the Second Amended and Restated Credit Agreement is to provide a comprehensive and updated document that reflects any changes, modifications, and amendments made to the original agreement. This ensures clarity and transparency for all parties involved and helps facilitate a smooth borrowing and lending relationship. Overall, the Illinois Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions serves as a crucial financial tool for SBA Communications, Corp. and SBA Telecommunications, Inc., enabling them to access the necessary funding to support their business operations and growth strategies.