Oregon 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 Oregon 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 transaction in the state of Oregon. This agreement serves as a crucial document for ensuring a transparent and mutually agreed-upon lending arrangement between the parties involved. It typically consists of several key sections, including the following: 1. Parties involved: The agreement clearly identifies the participating entities, namely Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston. Each party's role and responsibilities are defined within the agreement. 2. Loan amount and purpose: The agreement outlines the specific amount of money being loaned and provides clarity on the purpose for which the funds will be utilized. This can include financing operational expenses, capital investments, or other specified purposes. 3. Loan terms: This section details the duration of the loan, specifying the start and end dates or the repayment schedule. The agreement may also include provisions related to interest rates, collateral requirements, penalty fees for late payments, and any additional obligations or conditions imposed by the lenders. 4. Representations and warranties: The agreement commonly includes a section where the borrower provides representations and warranties regarding its financial standing, ownership, and legal compliance. This ensures that the borrower is transparent about its ability to fulfill the loan obligations. 5. Default and remedies: In the event of a default by the borrower, this section outlines the actions the lenders can take to protect their interests. It may include provisions for acceleration of loan repayment, charging default interest rates, or seeking legal action to recover outstanding amounts. 6. Governing law and jurisdiction: The agreement specifies that it is subject to the laws of the state of Oregon and clarifies the jurisdiction where any legal disputes will be resolved. Different types of Oregon Loan Agreements between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston may exist based on the specific parameters of the loan. For example: 1. Term Loan Agreement: A loan agreement with a fixed repayment schedule and a predetermined term. 2. Revolving Credit Agreement: A loan agreement that provides a borrowing limit and allows the borrower to withdraw and repay funds as needed within that limit. These named variations demonstrate that the specific terms and conditions of a loan agreement can differ based on the financial needs and circumstances of the borrower and the lenders involved.

The Oregon 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 transaction in the state of Oregon. This agreement serves as a crucial document for ensuring a transparent and mutually agreed-upon lending arrangement between the parties involved. It typically consists of several key sections, including the following: 1. Parties involved: The agreement clearly identifies the participating entities, namely Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston. Each party's role and responsibilities are defined within the agreement. 2. Loan amount and purpose: The agreement outlines the specific amount of money being loaned and provides clarity on the purpose for which the funds will be utilized. This can include financing operational expenses, capital investments, or other specified purposes. 3. Loan terms: This section details the duration of the loan, specifying the start and end dates or the repayment schedule. The agreement may also include provisions related to interest rates, collateral requirements, penalty fees for late payments, and any additional obligations or conditions imposed by the lenders. 4. Representations and warranties: The agreement commonly includes a section where the borrower provides representations and warranties regarding its financial standing, ownership, and legal compliance. This ensures that the borrower is transparent about its ability to fulfill the loan obligations. 5. Default and remedies: In the event of a default by the borrower, this section outlines the actions the lenders can take to protect their interests. It may include provisions for acceleration of loan repayment, charging default interest rates, or seeking legal action to recover outstanding amounts. 6. Governing law and jurisdiction: The agreement specifies that it is subject to the laws of the state of Oregon and clarifies the jurisdiction where any legal disputes will be resolved. Different types of Oregon Loan Agreements between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston may exist based on the specific parameters of the loan. For example: 1. Term Loan Agreement: A loan agreement with a fixed repayment schedule and a predetermined term. 2. Revolving Credit Agreement: A loan agreement that provides a borrowing limit and allows the borrower to withdraw and repay funds as needed within that limit. These named variations demonstrate that the specific terms and conditions of a loan agreement can differ based on the financial needs and circumstances of the borrower and the lenders involved.