Maine Fourth Amendment to Amended Restated Credit Agreement between Raytel Medical Corp, Bank Boston, N.A. and Banque Paribas

• Category: Corporations - Public - Credit
• State: Multi-State
• Control #: US-EG-9130
• Format: Word; Rich Text

Description

Fourth Amendment to Amended and Restated Credit Agreement between Raytel Medical Corporation, Bank Boston, N.A. and Banque Paribas dated July 30, 1999. 7 pages The Maine Fourth Amendment to Amended Restated Credit Agreement is a legal document that pertains to the contractual agreement between Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus. This amendment serves to modify certain terms and conditions outlined in the original agreement. Key Terms and Concepts: 1. Fourth Amendment: This document represents the fourth modification made to the original credit agreement, reflecting changes, additions, or deletions to the previously agreed upon terms. 2. Amended Restated Credit Agreement: The amended restated credit agreement refers to the revised version of the original credit agreement that has been modified and restated multiple times to accommodate changes in the financial landscape and business requirements. 3. Ray tel Medical Corp: Ray tel Medical Corp is one of the parties involved in this agreement, representing an entity engaged in the medical industry. They may be seeking credit from Bank Boston and Banquet Paribus for financing various business operations or expansion plans. 4. Bank Boston, N.A.: Bank Boston, N.A., is another party involved in the agreement, serving as a financial institution providing credit facilities to Ray tel Medical Corp. They may have specific lending criteria and requirements that need to be fulfilled. 5. Banquet Paribus: Banquet Paribus, an international bank, is the third party involved in this agreement. They may be offering additional credit facilities or acting as a co-lender alongside Bank Boston, N.A. Types of Maine Fourth Amendment to Amended Restated Credit Agreement: 1. Interest Rate Modification: This type of amendment solely focuses on modifying the interest rate applicable to the credit facility. It may be adjusted based on market conditions or as agreed upon by all parties involved. 2. Extension of Maturity Date: An amendment of this nature involves extending the maturity date of the credit agreement. This may be required if the borrower needs more time to repay the credit or negotiate new terms. 3. Increase/Decrease in Credit Limit: Sometimes, the parties may agree to increase or decrease the credit limit provided under the original agreement due to changes in financial needs or business requirements. 4. Structural Changes: Amendments may also involve structural changes to the agreement, such as altering repayment schedules, adding collateral, revising default provisions, or modifying guarantees. 5. Inclusion of Additional Parties: The amendment may entail adding new parties, such as guarantors or co-borrowers, to the existing agreement, entitling them to certain rights and responsibilities. It is important to note that the specific terms and conditions of the Maine Fourth Amendment to Amended Restated Credit Agreement will depend on the unique circumstances and negotiations between the parties involved.

The Maine Fourth Amendment to Amended Restated Credit Agreement is a legal document that pertains to the contractual agreement between Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus. This amendment serves to modify certain terms and conditions outlined in the original agreement. Key Terms and Concepts: 1. Fourth Amendment: This document represents the fourth modification made to the original credit agreement, reflecting changes, additions, or deletions to the previously agreed upon terms. 2. Amended Restated Credit Agreement: The amended restated credit agreement refers to the revised version of the original credit agreement that has been modified and restated multiple times to accommodate changes in the financial landscape and business requirements. 3. Ray tel Medical Corp: Ray tel Medical Corp is one of the parties involved in this agreement, representing an entity engaged in the medical industry. They may be seeking credit from Bank Boston and Banquet Paribus for financing various business operations or expansion plans. 4. Bank Boston, N.A.: Bank Boston, N.A., is another party involved in the agreement, serving as a financial institution providing credit facilities to Ray tel Medical Corp. They may have specific lending criteria and requirements that need to be fulfilled. 5. Banquet Paribus: Banquet Paribus, an international bank, is the third party involved in this agreement. They may be offering additional credit facilities or acting as a co-lender alongside Bank Boston, N.A. Types of Maine Fourth Amendment to Amended Restated Credit Agreement: 1. Interest Rate Modification: This type of amendment solely focuses on modifying the interest rate applicable to the credit facility. It may be adjusted based on market conditions or as agreed upon by all parties involved. 2. Extension of Maturity Date: An amendment of this nature involves extending the maturity date of the credit agreement. This may be required if the borrower needs more time to repay the credit or negotiate new terms. 3. Increase/Decrease in Credit Limit: Sometimes, the parties may agree to increase or decrease the credit limit provided under the original agreement due to changes in financial needs or business requirements. 4. Structural Changes: Amendments may also involve structural changes to the agreement, such as altering repayment schedules, adding collateral, revising default provisions, or modifying guarantees. 5. Inclusion of Additional Parties: The amendment may entail adding new parties, such as guarantors or co-borrowers, to the existing agreement, entitling them to certain rights and responsibilities. It is important to note that the specific terms and conditions of the Maine Fourth Amendment to Amended Restated Credit Agreement will depend on the unique circumstances and negotiations between the parties involved.