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

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Hennepin
• 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 Hennepin Minnesota Credit Agreement is a legally binding document that outlines the terms and conditions of a credit facility between Unilab Corp, various lending institutions, Bankers Trust Co, and Merrill Lynch Capital Corp. This agreement serves as a framework for the provision of credit to Unilab Corp, enabling them to meet their financial needs and support their business operations. Key Terms: 1. Borrower: Unilab Corp, a leading pharmaceutical company based in Hennepin, Minnesota. 2. Lending Institutions: A consortium of financial institutions that extend credit to Unilab Corp, providing them with the necessary funds. 3. Bankers Trust Co: One of the lending institutions involved in the credit facility, contributing to the overall credit provided to Unilab Corp. 4. Merrill Lynch Capital Corp: Another lending institution participating in the credit agreement, offering their financial services and resources to support Unilab Corp's credit requirements. Types of Hennepin Minnesota Credit Agreements: 1. Revolving Credit Facility: This type of credit agreement allows Unilab Corp to borrow funds up to a predetermined credit limit, repay the borrowed amount, and then borrow again. It offers flexibility in managing short-term financial needs. 2. Term Loan Facility: This credit agreement provides Unilab Corp with a specified amount of credit that must be repaid in installments over a predetermined period, typically with a fixed interest rate. It supports longer-term financial requirements, such as capital investments or expansion projects. 3. Working Capital Line of Credit: This credit agreement establishes a credit line that Unilab Corp can draw upon to fulfill their working capital requirements. It enables them to manage day-to-day operations, such as purchasing inventory, paying suppliers, and meeting payroll obligations. 4. Project Financing Agreement: In the case of specific projects or initiatives undertaken by Unilab Corp, a separate credit agreement may be established. This agreement outlines the terms and conditions specific to the project, including funding requirements, repayment terms, and any associated collateral. The Hennepin Minnesota Credit Agreement between Unilab Corp, various lending institutions, Bankers Trust Co, and Merrill Lynch Capital Corp ensures that Unilab Corp has access to the necessary funds to support their business endeavors, while also safeguarding the interests of the lending institutions. This agreement establishes a mutually beneficial relationship that fosters financial stability and growth for Unilab Corp in Hennepin, Minnesota.

The Hennepin Minnesota Credit Agreement is a legally binding document that outlines the terms and conditions of a credit facility between Unilab Corp, various lending institutions, Bankers Trust Co, and Merrill Lynch Capital Corp. This agreement serves as a framework for the provision of credit to Unilab Corp, enabling them to meet their financial needs and support their business operations. Key Terms: 1. Borrower: Unilab Corp, a leading pharmaceutical company based in Hennepin, Minnesota. 2. Lending Institutions: A consortium of financial institutions that extend credit to Unilab Corp, providing them with the necessary funds. 3. Bankers Trust Co: One of the lending institutions involved in the credit facility, contributing to the overall credit provided to Unilab Corp. 4. Merrill Lynch Capital Corp: Another lending institution participating in the credit agreement, offering their financial services and resources to support Unilab Corp's credit requirements. Types of Hennepin Minnesota Credit Agreements: 1. Revolving Credit Facility: This type of credit agreement allows Unilab Corp to borrow funds up to a predetermined credit limit, repay the borrowed amount, and then borrow again. It offers flexibility in managing short-term financial needs. 2. Term Loan Facility: This credit agreement provides Unilab Corp with a specified amount of credit that must be repaid in installments over a predetermined period, typically with a fixed interest rate. It supports longer-term financial requirements, such as capital investments or expansion projects. 3. Working Capital Line of Credit: This credit agreement establishes a credit line that Unilab Corp can draw upon to fulfill their working capital requirements. It enables them to manage day-to-day operations, such as purchasing inventory, paying suppliers, and meeting payroll obligations. 4. Project Financing Agreement: In the case of specific projects or initiatives undertaken by Unilab Corp, a separate credit agreement may be established. This agreement outlines the terms and conditions specific to the project, including funding requirements, repayment terms, and any associated collateral. The Hennepin Minnesota Credit Agreement between Unilab Corp, various lending institutions, Bankers Trust Co, and Merrill Lynch Capital Corp ensures that Unilab Corp has access to the necessary funds to support their business endeavors, while also safeguarding the interests of the lending institutions. This agreement establishes a mutually beneficial relationship that fosters financial stability and growth for Unilab Corp in Hennepin, Minnesota.