Utah Fourth Amendment to Amended Restated Credit Agreement between Raytel Medical Corp, Bank Boston, N.A. and Banque Paribas

• Category: Corporations - Public - Credit
• State: Multi-State
• Control #: US-EG-9130
• Format: Word; Rich Text

Description

Fourth Amendment to Amended and Restated Credit Agreement between Raytel Medical Corporation, Bank Boston, N.A. and Banque Paribas dated July 30, 1999. 7 pages The Utah Fourth Amendment to Amended Restated Credit Agreement is a legal document that outlines the changes and modifications made to the existing credit agreement between Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus. This amendment specifically applies to the agreement made in Utah and includes relevant clauses and provisions applicable to that jurisdiction. Keywords: Utah Fourth Amendment, Amended Restated Credit Agreement, Ray tel Medical Corp, Bank Boston, N.A., Banquet Paribus. In this amendment, several key elements may be addressed, such as the following: 1. Interest Rates: The Utah Fourth Amendment may specify any modifications regarding the interest rates associated with the credit agreement. This amendment might include changes to the base rate, LIBOR (London Interbank Offered Rate), prime rate, or any other relevant interest rate calculations. 2. Payment Terms: The amendment could outline any revisions to the payment terms, including the frequency and method of payments, grace periods, or modifications to any collateral or security provided by Ray tel Medical Corp. 3. Loan Amount and Term: The Utah Fourth Amendment might include adjustments to the loan amount initially agreed upon or the overall term of the credit agreement. This could include increasing or decreasing the borrowing capacity or extending the repayment period. 4. Conditions Precedent: The amendment may establish any new conditions or requirements that must be fulfilled by Ray tel Medical Corp. for the credit agreement to remain in effect. These may include financial covenants, reporting obligations, or changes in creditworthiness criteria. 5. Default and Remedies: The Utah Fourth Amendment could specify the actions Bank Boston, N.A., and Banquet Paribus can take in case of non-compliance or default by Ray tel Medical Corp. This may include the assessment of penalty fees, acceleration of the loan, or the right to pursue legal remedies. It is important to note that this is a general overview, and the specific details of the Utah Fourth Amendment to Amended Restated Credit Agreement may vary between different agreements or amendments. The terms and conditions outlined in the agreement will ultimately depend on the negotiations and agreements reached between the parties involved.

The Utah Fourth Amendment to Amended Restated Credit Agreement is a legal document that outlines the changes and modifications made to the existing credit agreement between Ray tel Medical Corp, Bank Boston, N.A., and Banquet Paribus. This amendment specifically applies to the agreement made in Utah and includes relevant clauses and provisions applicable to that jurisdiction. Keywords: Utah Fourth Amendment, Amended Restated Credit Agreement, Ray tel Medical Corp, Bank Boston, N.A., Banquet Paribus. In this amendment, several key elements may be addressed, such as the following: 1. Interest Rates: The Utah Fourth Amendment may specify any modifications regarding the interest rates associated with the credit agreement. This amendment might include changes to the base rate, LIBOR (London Interbank Offered Rate), prime rate, or any other relevant interest rate calculations. 2. Payment Terms: The amendment could outline any revisions to the payment terms, including the frequency and method of payments, grace periods, or modifications to any collateral or security provided by Ray tel Medical Corp. 3. Loan Amount and Term: The Utah Fourth Amendment might include adjustments to the loan amount initially agreed upon or the overall term of the credit agreement. This could include increasing or decreasing the borrowing capacity or extending the repayment period. 4. Conditions Precedent: The amendment may establish any new conditions or requirements that must be fulfilled by Ray tel Medical Corp. for the credit agreement to remain in effect. These may include financial covenants, reporting obligations, or changes in creditworthiness criteria. 5. Default and Remedies: The Utah Fourth Amendment could specify the actions Bank Boston, N.A., and Banquet Paribus can take in case of non-compliance or default by Ray tel Medical Corp. This may include the assessment of penalty fees, acceleration of the loan, or the right to pursue legal remedies. It is important to note that this is a general overview, and the specific details of the Utah Fourth Amendment to Amended Restated Credit Agreement may vary between different agreements or amendments. The terms and conditions outlined in the agreement will ultimately depend on the negotiations and agreements reached between the parties involved.