Bronx New York Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co and Merrill Lynch Capital Corp

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Bronx
• Control #: US-EG-9197
• Format: Word; Rich Text

Description

Credit Agreement between Unilab Corporation, Various Lending Institutions, Bankers Trust Company and Merrill Lynch Capital Corporation dated November 23, 1999. 110 pages The Bronx, New York Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is a comprehensive financial arrangement that outlines the terms and conditions for credit facilities provided to Unilab Corp by these lending entities. This agreement sets the framework for borrowing funds to support Unilab Corp's business operations and growth strategies. Keywords: Bronx, New York, credit agreement, Unilab Corp, lending institutions, Bankers Trust Co, Merrill Lynch Capital Corp. The Bronx, New York Credit Agreement covers multiple types of credit facilities tailored to meet Unilab Corp's specific financing needs: 1. Revolving Credit Facility: This type of credit allows Unilab Corp to borrow funds up to a predetermined limit on a revolving basis. The company can withdraw, repay, and reuse the funds as needed within the established limit. The agreement specifies the interest rate, repayment terms, and any collateral requirements for this facility. 2. Term Loan Facility: This facility provides Unilab Corp with a lump sum amount that is repaid over a fixed period with interest. The agreement outlines the loan amount, interest rate, maturity date, and repayment schedule. It may also include provisions for prepayment or refinancing options. 3. Working Capital Line of Credit: This credit facility is designed to provide Unilab Corp with short-term financing to support its day-to-day operations, such as inventory purchases, payroll, and accounts receivable management. The agreement defines the maximum credit limit, interest rate, and any required security for this facility. 4. Equipment Financing: This type of credit facility focuses on financing the acquisition of specific equipment or machinery required by Unilab Corp. The agreement details the equipment being financed, loan amount, interest rate, repayment terms, and any collateral or guarantor obligations. 5. Construction Loan Facility: If Unilab Corp is involved in construction projects, this credit facility assists in financing the construction or renovation of facilities. The agreement outlines the loan amount, interest rate, milestone-based disbursements, completion deadlines, and any required construction guarantees or collateral. 6. Corporate Credit Card Facility: This facility enables Unilab Corp's employees to use corporate credit cards for authorized business expenses. The agreement specifies the limits, interest rates, repayment terms, reporting requirements, and any associated rewards or benefits. The Bronx, New York Credit Agreement is a legally binding document that protects the rights and obligations of all parties involved. It ensures transparency, promotes responsible borrowing by Unilab Corp, and provides a framework for effective financial management.

The Bronx, New York Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is a comprehensive financial arrangement that outlines the terms and conditions for credit facilities provided to Unilab Corp by these lending entities. This agreement sets the framework for borrowing funds to support Unilab Corp's business operations and growth strategies. Keywords: Bronx, New York, credit agreement, Unilab Corp, lending institutions, Bankers Trust Co, Merrill Lynch Capital Corp. The Bronx, New York Credit Agreement covers multiple types of credit facilities tailored to meet Unilab Corp's specific financing needs: 1. Revolving Credit Facility: This type of credit allows Unilab Corp to borrow funds up to a predetermined limit on a revolving basis. The company can withdraw, repay, and reuse the funds as needed within the established limit. The agreement specifies the interest rate, repayment terms, and any collateral requirements for this facility. 2. Term Loan Facility: This facility provides Unilab Corp with a lump sum amount that is repaid over a fixed period with interest. The agreement outlines the loan amount, interest rate, maturity date, and repayment schedule. It may also include provisions for prepayment or refinancing options. 3. Working Capital Line of Credit: This credit facility is designed to provide Unilab Corp with short-term financing to support its day-to-day operations, such as inventory purchases, payroll, and accounts receivable management. The agreement defines the maximum credit limit, interest rate, and any required security for this facility. 4. Equipment Financing: This type of credit facility focuses on financing the acquisition of specific equipment or machinery required by Unilab Corp. The agreement details the equipment being financed, loan amount, interest rate, repayment terms, and any collateral or guarantor obligations. 5. Construction Loan Facility: If Unilab Corp is involved in construction projects, this credit facility assists in financing the construction or renovation of facilities. The agreement outlines the loan amount, interest rate, milestone-based disbursements, completion deadlines, and any required construction guarantees or collateral. 6. Corporate Credit Card Facility: This facility enables Unilab Corp's employees to use corporate credit cards for authorized business expenses. The agreement specifies the limits, interest rates, repayment terms, reporting requirements, and any associated rewards or benefits. The Bronx, New York Credit Agreement is a legally binding document that protects the rights and obligations of all parties involved. It ensures transparency, promotes responsible borrowing by Unilab Corp, and provides a framework for effective financial management.