Mississippi 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 Mississippi 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 under which Unilab Corp can obtain credit facilities from the mentioned lending institutions. This agreement serves as a crucial financial arrangement for Unilab Corp, a corporation based in Mississippi, to secure the necessary funds for its operations, expansion, or other financial requirements. By entering into this agreement, Unilab Corp gains access to a pool of financial resources provided by the lending institutions. Keywords: Mississippi Credit Agreement, Unilab Corp, Lending Institutions, Bankers Trust Co, Merrill Lynch Capital Corp, credit facilities, financial arrangement, funds, operations, expansion, financial requirements. Types of Mississippi Credit Agreement: 1. Revolving Credit Facility: This type of credit agreement allows Unilab Corp to borrow funds up to a predetermined limit and repay them as needed. The revolving nature of this facility provides flexibility for Unilab Corp to draw funds when required and repay them over time. 2. Term Loan Agreement: In this type of credit agreement, Unilab Corp borrows a specific amount upfront, typically for a fixed term. The loan is repaid through regular installments, usually with pre-determined interest rates and scheduled repayment periods. 3. Syndicated Credit Agreement: A syndicated credit agreement involves multiple lending institutions collectively providing a large sum of credit to Unilab Corp. Co-led by Bankers Trust Co and Merrill Lynch Capital Corp, this type of agreement allows Unilab Corp to access a significant amount of borrowing capacity from various lenders, ensuring a diversified source of funds. 4. Secured Credit Agreement: A secured credit agreement involves Unilab Corp pledging collateral, such as assets or property, as security against the credit facility. This collateral provides assurance to the lending institutions that they have recourse in case of default, allowing for potentially lower interest rates or higher borrowing limits. 5. Unsecured Credit Agreement: Unlike the secured credit agreement, an unsecured credit agreement does not require Unilab Corp to provide collateral. However, in this case, the lending institutions may impose stricter eligibility criteria or higher interest rates, as they bear greater risk without any specific collateral. Through the Mississippi Credit Agreement, Unilab Corp gains access to various types of credit facilities tailored to its specific financial needs. This arrangement ensures that the corporation can meet its financial obligations, seize growth opportunities, and maintain a strong financial position in the Mississippi market.

The Mississippi 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 under which Unilab Corp can obtain credit facilities from the mentioned lending institutions. This agreement serves as a crucial financial arrangement for Unilab Corp, a corporation based in Mississippi, to secure the necessary funds for its operations, expansion, or other financial requirements. By entering into this agreement, Unilab Corp gains access to a pool of financial resources provided by the lending institutions. Keywords: Mississippi Credit Agreement, Unilab Corp, Lending Institutions, Bankers Trust Co, Merrill Lynch Capital Corp, credit facilities, financial arrangement, funds, operations, expansion, financial requirements. Types of Mississippi Credit Agreement: 1. Revolving Credit Facility: This type of credit agreement allows Unilab Corp to borrow funds up to a predetermined limit and repay them as needed. The revolving nature of this facility provides flexibility for Unilab Corp to draw funds when required and repay them over time. 2. Term Loan Agreement: In this type of credit agreement, Unilab Corp borrows a specific amount upfront, typically for a fixed term. The loan is repaid through regular installments, usually with pre-determined interest rates and scheduled repayment periods. 3. Syndicated Credit Agreement: A syndicated credit agreement involves multiple lending institutions collectively providing a large sum of credit to Unilab Corp. Co-led by Bankers Trust Co and Merrill Lynch Capital Corp, this type of agreement allows Unilab Corp to access a significant amount of borrowing capacity from various lenders, ensuring a diversified source of funds. 4. Secured Credit Agreement: A secured credit agreement involves Unilab Corp pledging collateral, such as assets or property, as security against the credit facility. This collateral provides assurance to the lending institutions that they have recourse in case of default, allowing for potentially lower interest rates or higher borrowing limits. 5. Unsecured Credit Agreement: Unlike the secured credit agreement, an unsecured credit agreement does not require Unilab Corp to provide collateral. However, in this case, the lending institutions may impose stricter eligibility criteria or higher interest rates, as they bear greater risk without any specific collateral. Through the Mississippi Credit Agreement, Unilab Corp gains access to various types of credit facilities tailored to its specific financial needs. This arrangement ensures that the corporation can meet its financial obligations, seize growth opportunities, and maintain a strong financial position in the Mississippi market.