Dallas Texas Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co and Merrill Lynch Capital Corp

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Dallas
• 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 Dallas Texas Credit Agreement refers to a legally binding contract between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp. This agreement outlines the terms and conditions for extending credit to Unilab Corp, a company based in Dallas, Texas. The credit agreement serves as a framework for the financial relationship between Unilab Corp and its lenders, ensuring transparency and accountability. The Dallas Texas Credit Agreement includes provisions related to the amount of credit extended, interest rates, repayment terms, collateral requirements, and the responsibilities and obligations of both parties. It aims to protect the interests of the lending institutions while providing Unilab Corp with access to necessary funds for its business operations and growth. In this case, there may be different types of credit agreements within the Dallas Texas Credit Agreement: 1. Revolving Credit Facility: This type of credit agreement allows Unilab Corp to borrow funds up to a specified limit, repay them, and borrow again within the agreed period. It provides flexibility for Unilab Corp's working capital needs and short-term funding requirements. 2. Term Loan Agreement: Under this agreement, Unilab Corp receives a lump sum loan that is repaid over a fixed term, usually with regular interest and principal payments. Term loans are commonly used for long-term investments, acquisitions, or capital expenditures. 3. Syndicated Credit Agreement: In some cases, Unilab Corp may require a larger amount of credit than one lending institution can provide. In such situations, a syndicated credit agreement is formed, wherein multiple lenders participate and share the credit risk. Bankers Trust Co and Merrill Lynch Capital Corp could act as lead arrangers or agents in this type of agreement. 4. Secured Credit Agreement: To mitigate risk, lenders may require Unilab Corp to secure the credit agreement with collateral such as real estate, equipment, or accounts receivable. This type of agreement ensures that lenders have recourse if Unilab Corp defaults on the loan. The Dallas Texas Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp establishes a mutually beneficial financial relationship, enabling Unilab Corp to access the necessary funds to support its business activities while providing protection and return on investment to the lending institutions.

Dallas Texas Credit Agreement refers to a legally binding contract between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp. This agreement outlines the terms and conditions for extending credit to Unilab Corp, a company based in Dallas, Texas. The credit agreement serves as a framework for the financial relationship between Unilab Corp and its lenders, ensuring transparency and accountability. The Dallas Texas Credit Agreement includes provisions related to the amount of credit extended, interest rates, repayment terms, collateral requirements, and the responsibilities and obligations of both parties. It aims to protect the interests of the lending institutions while providing Unilab Corp with access to necessary funds for its business operations and growth. In this case, there may be different types of credit agreements within the Dallas Texas Credit Agreement: 1. Revolving Credit Facility: This type of credit agreement allows Unilab Corp to borrow funds up to a specified limit, repay them, and borrow again within the agreed period. It provides flexibility for Unilab Corp's working capital needs and short-term funding requirements. 2. Term Loan Agreement: Under this agreement, Unilab Corp receives a lump sum loan that is repaid over a fixed term, usually with regular interest and principal payments. Term loans are commonly used for long-term investments, acquisitions, or capital expenditures. 3. Syndicated Credit Agreement: In some cases, Unilab Corp may require a larger amount of credit than one lending institution can provide. In such situations, a syndicated credit agreement is formed, wherein multiple lenders participate and share the credit risk. Bankers Trust Co and Merrill Lynch Capital Corp could act as lead arrangers or agents in this type of agreement. 4. Secured Credit Agreement: To mitigate risk, lenders may require Unilab Corp to secure the credit agreement with collateral such as real estate, equipment, or accounts receivable. This type of agreement ensures that lenders have recourse if Unilab Corp defaults on the loan. The Dallas Texas Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp establishes a mutually beneficial financial relationship, enabling Unilab Corp to access the necessary funds to support its business activities while providing protection and return on investment to the lending institutions.