Mississippi 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 Title: Exploring the Mississippi Fourth Amendment to Amended Restated Credit Agreement between Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus Introduction: The Mississippi Fourth Amendment to Amended Restated Credit Agreement between Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus represents a significant legal document that outlines the terms and conditions of a revised credit agreement. In this article, we will provide an in-depth description of this agreement and shed light on its importance. Key keywords include Mississippi Fourth Amendment, Amended Restated Credit Agreement, Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus. 1. Overview of the Mississippi Fourth Amendment to Amended Restated Credit Agreement: The Mississippi Fourth Amendment is a document that signifies modifications made to the original credit agreement between Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus. It entails the inclusion of additional clauses, revised terms, and any other amendments that may have been made to the initial agreement, shaping a new credit relationship between the parties involved. 2. Purpose and Importance: The purpose of the Mississippi Fourth Amendment is to establish the revised terms and conditions for the credit facility, ensuring clarity, compliance, and fair treatment for all parties involved. It offers protection and defines the rights, obligations, and responsibilities of Ray tel Medical Corp as the borrower, Bank Boston, N.A., and Banquet Paribus as lenders. 3. Key Provisions and Changes: The Mississippi Fourth Amendment may introduce various modifications within the credit agreement, such as amendments to interest rates, repayment schedules, collateral requirements, and financial covenants. It may address the extension of credit, the establishment of credit limits, and the conditions under which the agreement can be terminated or modified. 4. Types of Mississippi Fourth Amendment to Amended Restated Credit Agreement: a) Extension of Credit: This type of amendment typically involves revising the existing credit agreement to extend additional credit to Ray tel Medical Corp, allowing for increased borrowing capacity. b) Interest Rate Modification: In cases where market conditions fluctuate, this amendment may be implemented to adjust the interest rates specified in the original agreement, ensuring fairness and alignment with prevailing market rates. c) Collateral Revisions: This amendment could involve changes to the collateral pledged by Ray tel Medical Corp, defining the assets that will secure the credit facility and providing additional protection to the lenders. 5. Parties Involved: The Mississippi Fourth Amendment incorporates the rights and obligations of Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus. It outlines the roles each party plays in the credit agreement, ensuring proper governance and compliance throughout its duration. Conclusion: The Mississippi Fourth Amendment to Amended Restated Credit Agreement between Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus represents a significant legal document that governs the revised credit relationship between these entities. It is essential to review and understand the agreement thoroughly to ensure compliance with its terms and to protect the rights and interests of all parties involved.

Title: Exploring the Mississippi Fourth Amendment to Amended Restated Credit Agreement between Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus Introduction: The Mississippi Fourth Amendment to Amended Restated Credit Agreement between Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus represents a significant legal document that outlines the terms and conditions of a revised credit agreement. In this article, we will provide an in-depth description of this agreement and shed light on its importance. Key keywords include Mississippi Fourth Amendment, Amended Restated Credit Agreement, Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus. 1. Overview of the Mississippi Fourth Amendment to Amended Restated Credit Agreement: The Mississippi Fourth Amendment is a document that signifies modifications made to the original credit agreement between Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus. It entails the inclusion of additional clauses, revised terms, and any other amendments that may have been made to the initial agreement, shaping a new credit relationship between the parties involved. 2. Purpose and Importance: The purpose of the Mississippi Fourth Amendment is to establish the revised terms and conditions for the credit facility, ensuring clarity, compliance, and fair treatment for all parties involved. It offers protection and defines the rights, obligations, and responsibilities of Ray tel Medical Corp as the borrower, Bank Boston, N.A., and Banquet Paribus as lenders. 3. Key Provisions and Changes: The Mississippi Fourth Amendment may introduce various modifications within the credit agreement, such as amendments to interest rates, repayment schedules, collateral requirements, and financial covenants. It may address the extension of credit, the establishment of credit limits, and the conditions under which the agreement can be terminated or modified. 4. Types of Mississippi Fourth Amendment to Amended Restated Credit Agreement: a) Extension of Credit: This type of amendment typically involves revising the existing credit agreement to extend additional credit to Ray tel Medical Corp, allowing for increased borrowing capacity. b) Interest Rate Modification: In cases where market conditions fluctuate, this amendment may be implemented to adjust the interest rates specified in the original agreement, ensuring fairness and alignment with prevailing market rates. c) Collateral Revisions: This amendment could involve changes to the collateral pledged by Ray tel Medical Corp, defining the assets that will secure the credit facility and providing additional protection to the lenders. 5. Parties Involved: The Mississippi Fourth Amendment incorporates the rights and obligations of Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus. It outlines the roles each party plays in the credit agreement, ensuring proper governance and compliance throughout its duration. Conclusion: The Mississippi Fourth Amendment to Amended Restated Credit Agreement between Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus represents a significant legal document that governs the revised credit relationship between these entities. It is essential to review and understand the agreement thoroughly to ensure compliance with its terms and to protect the rights and interests of all parties involved.