San Jose 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
• City: San Jose
• 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 San Jose, California Loan Agreement is a legally binding contract between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston, pertaining to a financial transaction within the city of San Jose, California. This agreement outlines the terms and conditions, obligations, and rights of all parties involved in the loan arrangement. The San Jose, California Loan Agreement can come in various types, depending on the nature and purpose of the loan. Some common types include: 1. Term Loan Agreement: This type of agreement establishes a fixed repayment schedule over a specified period. It details the interest rate, payment amount, and the length of time required for the loan to be repaid. 2. Revolving Credit Agreement: In this agreement, the lender provides a maximum borrowing limit, and the borrower can access funds as needed, up to that limit. The borrower is allowed to make repayments and borrow again within the agreed terms. 3. Syndicated Loan Agreement: This type of loan agreement involves multiple lenders who jointly provide the loan amount to the borrower. The lenders share the risk and profit in proportion to their contribution. 4. Secured Loan Agreement: In a secured loan agreement, the borrower pledges collateral, such as property or assets, to secure the loan. This provides the lender with a means to recover the loan amount if the borrower defaults. 5. Unsecured Loan Agreement: Unlike a secured loan agreement, an unsecured loan does not require collateral. The lender relies solely on the borrower's creditworthiness, and in the event of a default, the lender may face difficulty recovering the loan amount. 6. Construction Loan Agreement: This agreement is specifically designed for financing construction projects. It typically involves disbursements in stages, based on specified completion milestones, to fund the progress of the construction project. It is crucial for all parties involved in the San Jose, California Loan Agreement to carefully review and understand its terms and conditions. Any specific requirements, such as reporting obligations, covenant, default provisions, or remedies, should be clearly outlined within the contract. Seeking legal advice is highly recommended ensuring compliance with state and federal laws and to protect the rights and interests of all parties involved.

San Jose, California Loan Agreement is a legally binding contract between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston, pertaining to a financial transaction within the city of San Jose, California. This agreement outlines the terms and conditions, obligations, and rights of all parties involved in the loan arrangement. The San Jose, California Loan Agreement can come in various types, depending on the nature and purpose of the loan. Some common types include: 1. Term Loan Agreement: This type of agreement establishes a fixed repayment schedule over a specified period. It details the interest rate, payment amount, and the length of time required for the loan to be repaid. 2. Revolving Credit Agreement: In this agreement, the lender provides a maximum borrowing limit, and the borrower can access funds as needed, up to that limit. The borrower is allowed to make repayments and borrow again within the agreed terms. 3. Syndicated Loan Agreement: This type of loan agreement involves multiple lenders who jointly provide the loan amount to the borrower. The lenders share the risk and profit in proportion to their contribution. 4. Secured Loan Agreement: In a secured loan agreement, the borrower pledges collateral, such as property or assets, to secure the loan. This provides the lender with a means to recover the loan amount if the borrower defaults. 5. Unsecured Loan Agreement: Unlike a secured loan agreement, an unsecured loan does not require collateral. The lender relies solely on the borrower's creditworthiness, and in the event of a default, the lender may face difficulty recovering the loan amount. 6. Construction Loan Agreement: This agreement is specifically designed for financing construction projects. It typically involves disbursements in stages, based on specified completion milestones, to fund the progress of the construction project. It is crucial for all parties involved in the San Jose, California Loan Agreement to carefully review and understand its terms and conditions. Any specific requirements, such as reporting obligations, covenant, default provisions, or remedies, should be clearly outlined within the contract. Seeking legal advice is highly recommended ensuring compliance with state and federal laws and to protect the rights and interests of all parties involved.