Utah Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks and Financial Institutions

• Category: Corporations - Public - Credit
• State: Multi-State
• Control #: US-EG-9414
• Format: Word; Rich Text

Description

Second Amended and Restated Credit Agreement among SBA Communications, Corporation, SBA Telecommunications, Inc., Several Banks and Other Financial Institutions or Entities, Lehman Brothers, Inc., General Electric Capital Corporation, Toronto Dominion, The Utah Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions is a legal document that governs the terms and conditions of the credit facility provided to SBA Communications and SBA Telecommunications by various banks and financial institutions within the state of Utah. This agreement is designed to outline the borrowing arrangements, repayment terms, interest rates, collateral requirements, and other important provisions related to the credit extended by the lenders to the borrowers. It serves as a vital document that establishes the rights and obligations of all parties involved. Specifically, the Utah Second Amended and Restated Credit Agreement aims to provide SBA Communications and its subsidiary, SBA Telecommunications, with the necessary financing to support their operations, expansion initiatives, and other strategic objectives. By entering into this agreement, the participating banks and financial institutions demonstrate their willingness to provide the required funds, generally in the form of a revolving credit facility or term loan. The agreement typically specifies the maximum borrowing limit available to SBA Communications and SBA Telecommunications. It also outlines the conditions under which the borrowers can access the credit, whether it is for working capital purposes, capital expenditures, or other approved uses. The interest rates and fees applicable to the credit facility are clearly defined within the agreement, ensuring transparency and certainty for all parties involved. Additionally, the Utah Second Amended and Restated Credit Agreement may include a variety of covenants that establish certain operational and financial performance requirements that SBA Communications and SBA Telecommunications must meet throughout the term of the agreement. These covenants help protect the lenders' interests and ensure that the borrowers maintain a strong financial position. It is important to note that there may be multiple types of Utah Second Amended and Restated Credit Agreements among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions. These agreements may differ in terms of the total credit amount, term length, specific conditions, and participating lenders. While the overall purpose remains the same, these variations allow for flexibility based on the specific needs of the borrowers and the preferences of the lenders. Some potential keywords relevant to this topic are: Utah Second Amended and Restated Credit Agreement, SBA Communications, SBA Telecommunications, banks, financial institutions, borrowing arrangement, repayment terms, interest rates, collateral requirements, financing, revolving credit facility, term loan, working capital, capital expenditures, strategic objectives, borrowing limit, operational covenants, financial covenants.

The Utah Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions is a legal document that governs the terms and conditions of the credit facility provided to SBA Communications and SBA Telecommunications by various banks and financial institutions within the state of Utah. This agreement is designed to outline the borrowing arrangements, repayment terms, interest rates, collateral requirements, and other important provisions related to the credit extended by the lenders to the borrowers. It serves as a vital document that establishes the rights and obligations of all parties involved. Specifically, the Utah Second Amended and Restated Credit Agreement aims to provide SBA Communications and its subsidiary, SBA Telecommunications, with the necessary financing to support their operations, expansion initiatives, and other strategic objectives. By entering into this agreement, the participating banks and financial institutions demonstrate their willingness to provide the required funds, generally in the form of a revolving credit facility or term loan. The agreement typically specifies the maximum borrowing limit available to SBA Communications and SBA Telecommunications. It also outlines the conditions under which the borrowers can access the credit, whether it is for working capital purposes, capital expenditures, or other approved uses. The interest rates and fees applicable to the credit facility are clearly defined within the agreement, ensuring transparency and certainty for all parties involved. Additionally, the Utah Second Amended and Restated Credit Agreement may include a variety of covenants that establish certain operational and financial performance requirements that SBA Communications and SBA Telecommunications must meet throughout the term of the agreement. These covenants help protect the lenders' interests and ensure that the borrowers maintain a strong financial position. It is important to note that there may be multiple types of Utah Second Amended and Restated Credit Agreements among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions. These agreements may differ in terms of the total credit amount, term length, specific conditions, and participating lenders. While the overall purpose remains the same, these variations allow for flexibility based on the specific needs of the borrowers and the preferences of the lenders. Some potential keywords relevant to this topic are: Utah Second Amended and Restated Credit Agreement, SBA Communications, SBA Telecommunications, banks, financial institutions, borrowing arrangement, repayment terms, interest rates, collateral requirements, financing, revolving credit facility, term loan, working capital, capital expenditures, strategic objectives, borrowing limit, operational covenants, financial covenants.