Travis Texas 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: Travis
• 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 Travis Texas Loan Agreement is a legally binding contract between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston. This agreement outlines the terms and conditions of a loan granted by the lenders to Lacked Gas Co., a prominent natural gas provider in Texas. The purpose of the Travis Texas Loan Agreement is to establish the rights, obligations, and repayment terms associated with the loan. It covers important aspects such as the loan amount, interest rate, repayment schedule, collateral, and any additional fees or charges. This agreement helps to protect the interests of all parties involved and ensures a smooth lending process. Keywords: Travis Texas Loan Agreement, Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, Credit Suisse First Boston, loan amount, interest rate, repayment schedule, collateral, fees, charges. Types of Travis Texas Loan Agreements: 1. Term Loan Agreement: A term loan agreement is a type of loan where the borrower receives a lump sum amount from the lenders, which is then repaid over a predetermined period in installments. This agreement specifies the loan's principal amount, interest rate, repayment duration, and any applicable fees. 2. Revolving Loan Agreement: A revolving loan agreement establishes a line of credit that the borrower can utilize as needed. The borrower can withdraw funds up to a specific credit limit, repay them, and then borrow again. This type of loan agreement is often utilized for short-term financing needs or ongoing working capital requirements. 3. Syndicated Loan Agreement: A syndicated loan agreement involves multiple lenders who jointly provide the loan to the borrower. In this case, Lacked Gas Co. may secure financing from a consortium of lenders, including Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston. This agreement outlines the lenders' responsibilities, risk-sharing arrangements, and coordination among the syndicate members. 4. Secured Loan Agreement: A secured loan agreement involves the borrower providing collateral, such as assets or property, to secure the repayment of the loan. If the borrower fails to fulfill their repayment obligations, the lenders have the right to seize and sell the collateral to recover their funds. This type of loan agreement provides lenders with an additional layer of security. In summary, the Travis Texas Loan Agreement between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston is a comprehensive contract that defines the terms and conditions of the loan. It ensures transparency, protection, and a clear understanding of the borrowing and lending arrangements.

Travis Texas Loan Agreement is a legally binding contract between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston. This agreement outlines the terms and conditions of a loan granted by the lenders to Lacked Gas Co., a prominent natural gas provider in Texas. The purpose of the Travis Texas Loan Agreement is to establish the rights, obligations, and repayment terms associated with the loan. It covers important aspects such as the loan amount, interest rate, repayment schedule, collateral, and any additional fees or charges. This agreement helps to protect the interests of all parties involved and ensures a smooth lending process. Keywords: Travis Texas Loan Agreement, Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, Credit Suisse First Boston, loan amount, interest rate, repayment schedule, collateral, fees, charges. Types of Travis Texas Loan Agreements: 1. Term Loan Agreement: A term loan agreement is a type of loan where the borrower receives a lump sum amount from the lenders, which is then repaid over a predetermined period in installments. This agreement specifies the loan's principal amount, interest rate, repayment duration, and any applicable fees. 2. Revolving Loan Agreement: A revolving loan agreement establishes a line of credit that the borrower can utilize as needed. The borrower can withdraw funds up to a specific credit limit, repay them, and then borrow again. This type of loan agreement is often utilized for short-term financing needs or ongoing working capital requirements. 3. Syndicated Loan Agreement: A syndicated loan agreement involves multiple lenders who jointly provide the loan to the borrower. In this case, Lacked Gas Co. may secure financing from a consortium of lenders, including Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston. This agreement outlines the lenders' responsibilities, risk-sharing arrangements, and coordination among the syndicate members. 4. Secured Loan Agreement: A secured loan agreement involves the borrower providing collateral, such as assets or property, to secure the repayment of the loan. If the borrower fails to fulfill their repayment obligations, the lenders have the right to seize and sell the collateral to recover their funds. This type of loan agreement provides lenders with an additional layer of security. In summary, the Travis Texas Loan Agreement between Lacked Gas Co., Mercantile Bank National Assoc., Bank of America, and Credit Suisse First Boston is a comprehensive contract that defines the terms and conditions of the loan. It ensures transparency, protection, and a clear understanding of the borrowing and lending arrangements.