Riverside California 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
• County: Riverside
• 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 A Riverside California Loan Agreement is a legally binding document that outlines the terms and conditions of a financial arrangement between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston. This agreement establishes the borrowing relationship between the parties and specifies the agreed-upon loan amount, interest rate, repayment schedule, and any additional provisions or collateral involved. One type of Riverside California Loan Agreement between these entities is a "Term Loan Agreement." This agreement sets forth the terms for a loan with a fixed repayment schedule over a specific period. It typically involves a fixed interest rate and regular installment payments. Another type could be a "Revolving Credit Agreement." This agreement allows Lacked Gas Co. to borrow funds up to a predetermined limit, with the flexibility to repay and reborrow as needed. Interest accrues based on the outstanding balance, and the borrower can access the funds at any time within the agreed timeframe. The loan agreement may also include provisions related to collateral or security. This could involve Lacked Gas Co. pledging certain assets, such as property or equipment, as security for the loan. In the event of a default, the lender(s) would have the right to seize or liquidate the collateral to recover their funds. Furthermore, the agreement may define the events of default and remedies available to the lenders if Lacked Gas Co. fails to meet its payment obligations or breaches any terms of the agreement. These remedies could include accelerating the loan, imposing additional fees or penalties, or taking legal action. It is important to note that the specifics of a Riverside California Loan Agreement between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston would be unique to each individual agreement. The terms, types of loans, interest rates, and collateral provisions may vary based on the specific financial needs and circumstances of the borrowing party and the lenders involved.

A Riverside California Loan Agreement is a legally binding document that outlines the terms and conditions of a financial arrangement between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston. This agreement establishes the borrowing relationship between the parties and specifies the agreed-upon loan amount, interest rate, repayment schedule, and any additional provisions or collateral involved. One type of Riverside California Loan Agreement between these entities is a "Term Loan Agreement." This agreement sets forth the terms for a loan with a fixed repayment schedule over a specific period. It typically involves a fixed interest rate and regular installment payments. Another type could be a "Revolving Credit Agreement." This agreement allows Lacked Gas Co. to borrow funds up to a predetermined limit, with the flexibility to repay and reborrow as needed. Interest accrues based on the outstanding balance, and the borrower can access the funds at any time within the agreed timeframe. The loan agreement may also include provisions related to collateral or security. This could involve Lacked Gas Co. pledging certain assets, such as property or equipment, as security for the loan. In the event of a default, the lender(s) would have the right to seize or liquidate the collateral to recover their funds. Furthermore, the agreement may define the events of default and remedies available to the lenders if Lacked Gas Co. fails to meet its payment obligations or breaches any terms of the agreement. These remedies could include accelerating the loan, imposing additional fees or penalties, or taking legal action. It is important to note that the specifics of a Riverside California Loan Agreement between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston would be unique to each individual agreement. The terms, types of loans, interest rates, and collateral provisions may vary based on the specific financial needs and circumstances of the borrowing party and the lenders involved.