Tennessee 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 Tennessee 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 for the provision of credit to Unilab Corp by multiple lending institutions and banking entities. This credit agreement serves as an agreement between Unilab Corp, the borrowing party, and the lending institutions, including Bankers Trust Co and Merrill Lynch Capital Corp. The agreement establishes the framework for the extension of credit to Unilab Corp, allowing them to access the necessary funds for their business operations, expansion, or other financial requirements. The Tennessee Credit Agreement covers various aspects, including the amount of credit extended, the interest rates applied, repayment terms, and any associated fees or charges. It outlines the responsibilities and obligations of both the borrowing party and the lending institutions. The agreement also includes provisions for events of default, remedies, and dispute resolution mechanisms. Different types of Tennessee Credit Agreements between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp can vary based on specific features or purposes: 1. Revolving Credit Agreement: This type of credit agreement provides Unilab Corp with a revolving line of credit, allowing them to borrow and repay funds multiple times within a specific period. Interest is charged only on the amount borrowed, and the credit limit may be adjusted periodically. 2. Term Loan Agreement: Under this type of credit agreement, Unilab Corp receives a lump sum amount from the lending institutions, which is to be repaid over a specified term. The repayment schedule is fixed, and interest is charged on the entire loan amount. 3. Syndicated Credit Agreement: In this arrangement, multiple lending institutions come together to provide a larger line of credit to Unilab Corp. Each institution has a specific share, and they collectively agree on the terms and conditions of the credit agreement. 4. Secured Credit Agreement: In certain cases, Unilab Corp may provide collateral, such as assets or property, to secure the credit. This type of credit agreement provides added security for the lending institutions and may result in lower interest rates or more favorable terms. Overall, the Tennessee Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp encompasses the details and conditions for credit provision, ensuring transparency, compliance, and a mutually beneficial relationship between the borrowing party and the lending institutions.

The Tennessee 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 for the provision of credit to Unilab Corp by multiple lending institutions and banking entities. This credit agreement serves as an agreement between Unilab Corp, the borrowing party, and the lending institutions, including Bankers Trust Co and Merrill Lynch Capital Corp. The agreement establishes the framework for the extension of credit to Unilab Corp, allowing them to access the necessary funds for their business operations, expansion, or other financial requirements. The Tennessee Credit Agreement covers various aspects, including the amount of credit extended, the interest rates applied, repayment terms, and any associated fees or charges. It outlines the responsibilities and obligations of both the borrowing party and the lending institutions. The agreement also includes provisions for events of default, remedies, and dispute resolution mechanisms. Different types of Tennessee Credit Agreements between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp can vary based on specific features or purposes: 1. Revolving Credit Agreement: This type of credit agreement provides Unilab Corp with a revolving line of credit, allowing them to borrow and repay funds multiple times within a specific period. Interest is charged only on the amount borrowed, and the credit limit may be adjusted periodically. 2. Term Loan Agreement: Under this type of credit agreement, Unilab Corp receives a lump sum amount from the lending institutions, which is to be repaid over a specified term. The repayment schedule is fixed, and interest is charged on the entire loan amount. 3. Syndicated Credit Agreement: In this arrangement, multiple lending institutions come together to provide a larger line of credit to Unilab Corp. Each institution has a specific share, and they collectively agree on the terms and conditions of the credit agreement. 4. Secured Credit Agreement: In certain cases, Unilab Corp may provide collateral, such as assets or property, to secure the credit. This type of credit agreement provides added security for the lending institutions and may result in lower interest rates or more favorable terms. Overall, the Tennessee Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp encompasses the details and conditions for credit provision, ensuring transparency, compliance, and a mutually beneficial relationship between the borrowing party and the lending institutions.