Nevada 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 Nevada Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is a comprehensive financial arrangement that facilitates lending and borrowing activities within the state of Nevada. This agreement establishes the terms and conditions under which Unilab Corp can access credit facilities provided by the participating lending institutions, Bankers Trust Co, and Merrill Lynch Capital Corp. The main objective of the Nevada Credit Agreement is to provide Unilab Corp with a flexible and reliable source of financing, enabling the corporation to meet its working capital needs, fund strategic initiatives, and support its growth plans. By partnering with various lending institutions and financial entities, Unilab Corp ensures access to diverse funding options and favorable interest rates. This credit agreement encompasses several types of credit facilities, each serving unique financing purposes for Unilab Corp. These may include: 1. Revolving Credit Facility: Unilab Corp can obtain funds up to a maximum credit limit agreed upon with the lending institutions. This facility allows Unilab Corp to withdraw and repay funds as needed, enabling the corporation to manage fluctuations in its cash flow and address short-term financial requirements. 2. Term Loan Facility: This type of credit facility provides Unilab Corp with a lump sum of funds to be repaid over a specified period, typically with regular installment payments. It aids in financing long-term investments, such as acquiring new assets or expanding operations. 3. Acquisition Financing: Through this credit agreement, Unilab Corp can secure funds for financing potential acquisitions, mergers, or strategic partnerships. This facilitates the corporation's growth and expansion strategies within the healthcare industry. 4. Working Capital Facility: This credit facility ensures that Unilab Corp has sufficient liquidity to cover day-to-day operational expenses, manage inventory levels, and meet its short-term obligations promptly. It supports the corporation in maintaining its operational efficiency and financial stability. The Nevada Credit Agreement includes clauses and provisions that outline the terms of borrowing, repayment schedules, interest rates, collateral requirements, and covenants to ensure responsible financial management by Unilab Corp. It emphasizes transparency, accountability, and the protection of all parties involved. In summary, the Nevada Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is a vital financial framework that empowers Unilab Corp with the necessary funding to meet its business objectives and drive growth within the healthcare sector.

The Nevada Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is a comprehensive financial arrangement that facilitates lending and borrowing activities within the state of Nevada. This agreement establishes the terms and conditions under which Unilab Corp can access credit facilities provided by the participating lending institutions, Bankers Trust Co, and Merrill Lynch Capital Corp. The main objective of the Nevada Credit Agreement is to provide Unilab Corp with a flexible and reliable source of financing, enabling the corporation to meet its working capital needs, fund strategic initiatives, and support its growth plans. By partnering with various lending institutions and financial entities, Unilab Corp ensures access to diverse funding options and favorable interest rates. This credit agreement encompasses several types of credit facilities, each serving unique financing purposes for Unilab Corp. These may include: 1. Revolving Credit Facility: Unilab Corp can obtain funds up to a maximum credit limit agreed upon with the lending institutions. This facility allows Unilab Corp to withdraw and repay funds as needed, enabling the corporation to manage fluctuations in its cash flow and address short-term financial requirements. 2. Term Loan Facility: This type of credit facility provides Unilab Corp with a lump sum of funds to be repaid over a specified period, typically with regular installment payments. It aids in financing long-term investments, such as acquiring new assets or expanding operations. 3. Acquisition Financing: Through this credit agreement, Unilab Corp can secure funds for financing potential acquisitions, mergers, or strategic partnerships. This facilitates the corporation's growth and expansion strategies within the healthcare industry. 4. Working Capital Facility: This credit facility ensures that Unilab Corp has sufficient liquidity to cover day-to-day operational expenses, manage inventory levels, and meet its short-term obligations promptly. It supports the corporation in maintaining its operational efficiency and financial stability. The Nevada Credit Agreement includes clauses and provisions that outline the terms of borrowing, repayment schedules, interest rates, collateral requirements, and covenants to ensure responsible financial management by Unilab Corp. It emphasizes transparency, accountability, and the protection of all parties involved. In summary, the Nevada Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is a vital financial framework that empowers Unilab Corp with the necessary funding to meet its business objectives and drive growth within the healthcare sector.