Massachusetts 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 Massachusetts Second Amended and Restated Credit Agreement is a legally binding contract among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions. This agreement outlines the terms and conditions under which these entities will provide credit facilities to the companies involved. Keywords: Massachusetts, Second Amended and Restated Credit Agreement, SBA Communications, Corp., SBA Telecommunications, Inc., banks, financial institutions The Massachusetts Second Amended and Restated Credit Agreement is an important financial document that governs the borrowing and lending activities between SBA Communications, Corp., and SBA Telecommunications, Inc., and a group of banks and financial institutions. This agreement serves to establish the terms, conditions, and covenants that both the borrowers and the lenders must adhere to. The agreement outlines the various credit facilities that will be made available to SBA Communications, Corp., and SBA Telecommunications, Inc. These credit facilities can take various forms, such as revolving lines of credit, term loans, or other types of financing. The specific terms and conditions of each credit facility, including interest rates, repayment schedules, and collateral requirements, are agreed upon in this document. The Massachusetts Second Amended and Restated Credit Agreement contains detailed provisions regarding the rights and obligations of all parties involved. It outlines the lenders' rights to receive repayment of the borrowed funds, including any accrued interests, fees, or expenses. It also establishes the borrowers' obligations, including timely repayment, compliance with financial covenants, and reporting requirements. Under this agreement, SBA Communications, Corp., and SBA Telecommunications, Inc. also agree to provide the financial institutions with regular financial statements, reports, and other information as required. This ensures transparency and allows the lenders to monitor the financial health and performance of the borrowers. Additionally, the agreement may include provisions such as an event of default clause, which outlines situations in which the lenders can declare the outstanding balance immediately due and payable. These events can include bankruptcy, breach of covenant, or material adverse changes in the borrower's financial condition. It is important to note that there may be multiple variations or types of the Massachusetts Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and different banks and financial institutions. This can arise from different financing needs, terms, or amendments made to the original agreement over time. In conclusion, the Massachusetts Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions is a comprehensive legal document that governs the borrowing and lending relationship between these parties. It establishes the terms, conditions, and obligations for both borrowers and lenders, ensuring transparency and accountability in their financial transactions.

The Massachusetts Second Amended and Restated Credit Agreement is a legally binding contract among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions. This agreement outlines the terms and conditions under which these entities will provide credit facilities to the companies involved. Keywords: Massachusetts, Second Amended and Restated Credit Agreement, SBA Communications, Corp., SBA Telecommunications, Inc., banks, financial institutions The Massachusetts Second Amended and Restated Credit Agreement is an important financial document that governs the borrowing and lending activities between SBA Communications, Corp., and SBA Telecommunications, Inc., and a group of banks and financial institutions. This agreement serves to establish the terms, conditions, and covenants that both the borrowers and the lenders must adhere to. The agreement outlines the various credit facilities that will be made available to SBA Communications, Corp., and SBA Telecommunications, Inc. These credit facilities can take various forms, such as revolving lines of credit, term loans, or other types of financing. The specific terms and conditions of each credit facility, including interest rates, repayment schedules, and collateral requirements, are agreed upon in this document. The Massachusetts Second Amended and Restated Credit Agreement contains detailed provisions regarding the rights and obligations of all parties involved. It outlines the lenders' rights to receive repayment of the borrowed funds, including any accrued interests, fees, or expenses. It also establishes the borrowers' obligations, including timely repayment, compliance with financial covenants, and reporting requirements. Under this agreement, SBA Communications, Corp., and SBA Telecommunications, Inc. also agree to provide the financial institutions with regular financial statements, reports, and other information as required. This ensures transparency and allows the lenders to monitor the financial health and performance of the borrowers. Additionally, the agreement may include provisions such as an event of default clause, which outlines situations in which the lenders can declare the outstanding balance immediately due and payable. These events can include bankruptcy, breach of covenant, or material adverse changes in the borrower's financial condition. It is important to note that there may be multiple variations or types of the Massachusetts Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and different banks and financial institutions. This can arise from different financing needs, terms, or amendments made to the original agreement over time. In conclusion, the Massachusetts Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions is a comprehensive legal document that governs the borrowing and lending relationship between these parties. It establishes the terms, conditions, and obligations for both borrowers and lenders, ensuring transparency and accountability in their financial transactions.