Washington Call Agreement between Kelso and Company, LP, Unilab Corporation and Bankers Trust Company

• Category: Corporations - Public
• State: Multi-State
• Control #: US-EG-9198
• Format: Word; Rich Text

Description

Capital Call Agreement between Kelso and Company, LP, Unilab Corporation and Bankers Trust Company dated November 23, 1999. 12 pages The Washington Call Agreement is a legal contract between Also and Company, LP, Unilab Corporation, and Bankers Trust Company, governing their financial transactions and obligations. This agreement establishes the terms and conditions under which these parties engage in call agreements and outlines their respective roles and responsibilities. A call agreement is a financial instrument wherein the buyer has the right to demand repayment of the loan from the lender at any time. The Washington Call Agreement specifically caters to the needs and requirements of the involved parties and is applicable in the state of Washington, United States. The agreement between Also and Company, LP, Unilab Corporation, and Bankers Trust Company is designed to provide a framework for executing different types of call agreements based on their specific needs. These call agreements may include: 1. Short-term Call Agreement: This type of call agreement enables the borrowing party to demand repayment of the loan within a short period, typically ranging from a few weeks to a few months. It provides flexibility for managing short-term liquidity needs efficiently. 2. Secured Call Agreement: In a secured call agreement, the lender requires the borrower to pledge collateral as security against the loan. This collateral could be in the form of assets, property, or financial instruments. This agreement offers additional assurance to the lender, reducing their risk. 3. Revolving Call Agreement: A revolving call agreement permits the borrower to repeatedly borrow and repay funds within a specified limit. The borrower can draw funds as needed and repay them, making it suitable for managing fluctuating or recurring financial requirements. 4. Standby Call Agreement: A standby call agreement acts as a backup source of funding for the borrower. It is typically utilized when the borrower faces a temporary shortage of funds. The lender agrees to make funds available if and when needed, within the terms outlined in the agreement. The Washington Call Agreement between Also and Company, LP, Unilab Corporation, and Bankers Trust Company ensures clarity, transparency, and enforceability in their call agreements. It outlines conditions for repayment, interest rates, penalties for default, and any other pertinent terms to safeguard the interests of all parties involved. It is crucial for all parties to carefully review the agreement and seek legal counsel to ensure compliance with relevant state laws and regulations. The Washington Call Agreement provides a mutually beneficial arrangement that enables smooth financial operations, funding flexibility, and risk management for Also and Company, LP, Unilab Corporation, and Bankers Trust Company.

The Washington Call Agreement is a legal contract between Also and Company, LP, Unilab Corporation, and Bankers Trust Company, governing their financial transactions and obligations. This agreement establishes the terms and conditions under which these parties engage in call agreements and outlines their respective roles and responsibilities. A call agreement is a financial instrument wherein the buyer has the right to demand repayment of the loan from the lender at any time. The Washington Call Agreement specifically caters to the needs and requirements of the involved parties and is applicable in the state of Washington, United States. The agreement between Also and Company, LP, Unilab Corporation, and Bankers Trust Company is designed to provide a framework for executing different types of call agreements based on their specific needs. These call agreements may include: 1. Short-term Call Agreement: This type of call agreement enables the borrowing party to demand repayment of the loan within a short period, typically ranging from a few weeks to a few months. It provides flexibility for managing short-term liquidity needs efficiently. 2. Secured Call Agreement: In a secured call agreement, the lender requires the borrower to pledge collateral as security against the loan. This collateral could be in the form of assets, property, or financial instruments. This agreement offers additional assurance to the lender, reducing their risk. 3. Revolving Call Agreement: A revolving call agreement permits the borrower to repeatedly borrow and repay funds within a specified limit. The borrower can draw funds as needed and repay them, making it suitable for managing fluctuating or recurring financial requirements. 4. Standby Call Agreement: A standby call agreement acts as a backup source of funding for the borrower. It is typically utilized when the borrower faces a temporary shortage of funds. The lender agrees to make funds available if and when needed, within the terms outlined in the agreement. The Washington Call Agreement between Also and Company, LP, Unilab Corporation, and Bankers Trust Company ensures clarity, transparency, and enforceability in their call agreements. It outlines conditions for repayment, interest rates, penalties for default, and any other pertinent terms to safeguard the interests of all parties involved. It is crucial for all parties to carefully review the agreement and seek legal counsel to ensure compliance with relevant state laws and regulations. The Washington Call Agreement provides a mutually beneficial arrangement that enables smooth financial operations, funding flexibility, and risk management for Also and Company, LP, Unilab Corporation, and Bankers Trust Company.