North Dakota Loan Agreement between Laclede Gas Co., Mercantile Bank National Assoc., Bank of America and Credit Suisse First Boston

• Category: Corporations - Public - Loans
• State: Multi-State
• Control #: US-EG-9006
• Format: Word; Rich Text

Description

Loan Agreement between Laclede Gas Co., Mercantile Bank Nat'l Assoc., Bank of America and Credit Suisse First Boston dated Oct. 22, 1999. 35 pages The North Dakota Loan Agreement between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston is a legally binding contract that outlines the terms and conditions of a loan. This agreement specifically pertains to loans in the state of North Dakota. Keywords: North Dakota, Loan Agreement, Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, Credit Suisse First Boston In this loan agreement, Lacked Gas Co. (the borrower) and Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston (the lenders) come to a mutual understanding regarding the terms, repayment schedule, interest rates, and other relevant details of the loan. It provides a framework that ensures all parties involved fully comprehend their obligations and rights. The North Dakota Loan Agreement primarily serves two purposes: protecting the interests of the lenders and providing a clear understanding of the borrower's responsibilities. It helps mitigate potential difficulties and conflicts that might arise during the loan tenure. Types of North Dakota Loan Agreements: 1. Traditional Mortgage Loan Agreement: This type of loan agreement is commonly used for real estate transactions, where the borrower pledges a property as collateral for the loan. Lacked Gas Co. may have secured such an agreement when acquiring properties or expanding operations in North Dakota. 2. Line of Credit Loan Agreement: Lacked Gas Co. may have entered into a line of credit agreement with the lenders, allowing them to borrow on an as-needed basis up to a certain maximum limit. Interest is charged only on the amount borrowed, and the borrower has the flexibility to repay and re-borrow within the predetermined terms. 3. Equipment Financing Agreement: If Lacked Gas Co. required financing for purchasing equipment or machinery in North Dakota, they may have executed an equipment financing agreement. This type of loan agreement specifically outlines the terms related to the equipment being financed, such as collateral, repayment schedule, and interest rates. 4. Construction Loan Agreement: In case Lacked Gas Co. was involved in construction or development projects in North Dakota, they might have agreed upon a construction loan agreement. This type of loan agreement caters to the unique needs and risks associated with construction financing, including disbursement schedules tied to project milestones and additional provisions for loan monitoring. It is important to note that the specific type or types of loan agreements mentioned above between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston can only be confirmed by accessing the actual loan documentation.

The North Dakota Loan Agreement between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston is a legally binding contract that outlines the terms and conditions of a loan. This agreement specifically pertains to loans in the state of North Dakota. Keywords: North Dakota, Loan Agreement, Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, Credit Suisse First Boston In this loan agreement, Lacked Gas Co. (the borrower) and Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston (the lenders) come to a mutual understanding regarding the terms, repayment schedule, interest rates, and other relevant details of the loan. It provides a framework that ensures all parties involved fully comprehend their obligations and rights. The North Dakota Loan Agreement primarily serves two purposes: protecting the interests of the lenders and providing a clear understanding of the borrower's responsibilities. It helps mitigate potential difficulties and conflicts that might arise during the loan tenure. Types of North Dakota Loan Agreements: 1. Traditional Mortgage Loan Agreement: This type of loan agreement is commonly used for real estate transactions, where the borrower pledges a property as collateral for the loan. Lacked Gas Co. may have secured such an agreement when acquiring properties or expanding operations in North Dakota. 2. Line of Credit Loan Agreement: Lacked Gas Co. may have entered into a line of credit agreement with the lenders, allowing them to borrow on an as-needed basis up to a certain maximum limit. Interest is charged only on the amount borrowed, and the borrower has the flexibility to repay and re-borrow within the predetermined terms. 3. Equipment Financing Agreement: If Lacked Gas Co. required financing for purchasing equipment or machinery in North Dakota, they may have executed an equipment financing agreement. This type of loan agreement specifically outlines the terms related to the equipment being financed, such as collateral, repayment schedule, and interest rates. 4. Construction Loan Agreement: In case Lacked Gas Co. was involved in construction or development projects in North Dakota, they might have agreed upon a construction loan agreement. This type of loan agreement caters to the unique needs and risks associated with construction financing, including disbursement schedules tied to project milestones and additional provisions for loan monitoring. It is important to note that the specific type or types of loan agreements mentioned above between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston can only be confirmed by accessing the actual loan documentation.