Kings 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: Kings
• 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 Kings New York Credit Agreement is a comprehensive financial arrangement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp. This agreement outlines the terms and conditions under which Unilab Corp can access credit facilities from these lending institutions, enhancing its financial stability and flexibility. Keywords: Kings New York Credit Agreement, Unilab Corp, Various Lending Institutions, Bankers Trust Co, Merrill Lynch Capital Corp, financial arrangement, credit facilities, terms and conditions, stability, flexibility. Different Types of Kings New York Credit Agreement: 1. Term Loan Agreement: This type of credit agreement allows Unilab Corp to borrow a specific amount of money from the lending institutions for a predetermined term. The loan amount, interest rate, repayment schedule, and other relevant terms are specified in this agreement. 2. Revolving Credit Facility Agreement: Under this credit agreement, Unilab Corp can access a line of credit with a predetermined maximum limit. The company can borrow from and repay the funds depending on its cash flow needs. The terms include interest rates, commitments from lending institutions, and the duration of the revolving credit facility. 3. Working Capital Financing Agreement: This type of credit agreement focuses on providing Unilab Corp with the necessary funds to support its day-to-day operations and short-term financial needs. The agreement specifies the lending institutions' commitments, interest rates, repayment terms, and any collateral requirements. 4. Debt Restructuring Agreement: In cases where Unilab Corp may be experiencing financial difficulties, a debt restructuring agreement may be established. This agreement allows for the modification of existing credit facilities, such as adjusting interest rates or extending repayment periods, to provide the company with greater flexibility in managing its debt obligations. 5. Guaranty Agreement: This agreement involves the participation of lenders and guarantors, providing added security to the lending institutions. Guarantors, such as Bankers Trust Co and Merrill Lynch Capital Corp, pledge to repay the debt on behalf of Unilab Corp in case of default. The terms of the guaranty, including any limitations or conditions, are typically outlined in a separate agreement related to the credit facility. Overall, the Kings New York Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp ensures a mutually beneficial financial relationship, allowing Unilab Corp to access necessary funds while providing the lending institutions with the reassurance of repayment and potential returns.

The Kings New York Credit Agreement is a comprehensive financial arrangement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp. This agreement outlines the terms and conditions under which Unilab Corp can access credit facilities from these lending institutions, enhancing its financial stability and flexibility. Keywords: Kings New York Credit Agreement, Unilab Corp, Various Lending Institutions, Bankers Trust Co, Merrill Lynch Capital Corp, financial arrangement, credit facilities, terms and conditions, stability, flexibility. Different Types of Kings New York Credit Agreement: 1. Term Loan Agreement: This type of credit agreement allows Unilab Corp to borrow a specific amount of money from the lending institutions for a predetermined term. The loan amount, interest rate, repayment schedule, and other relevant terms are specified in this agreement. 2. Revolving Credit Facility Agreement: Under this credit agreement, Unilab Corp can access a line of credit with a predetermined maximum limit. The company can borrow from and repay the funds depending on its cash flow needs. The terms include interest rates, commitments from lending institutions, and the duration of the revolving credit facility. 3. Working Capital Financing Agreement: This type of credit agreement focuses on providing Unilab Corp with the necessary funds to support its day-to-day operations and short-term financial needs. The agreement specifies the lending institutions' commitments, interest rates, repayment terms, and any collateral requirements. 4. Debt Restructuring Agreement: In cases where Unilab Corp may be experiencing financial difficulties, a debt restructuring agreement may be established. This agreement allows for the modification of existing credit facilities, such as adjusting interest rates or extending repayment periods, to provide the company with greater flexibility in managing its debt obligations. 5. Guaranty Agreement: This agreement involves the participation of lenders and guarantors, providing added security to the lending institutions. Guarantors, such as Bankers Trust Co and Merrill Lynch Capital Corp, pledge to repay the debt on behalf of Unilab Corp in case of default. The terms of the guaranty, including any limitations or conditions, are typically outlined in a separate agreement related to the credit facility. Overall, the Kings New York Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp ensures a mutually beneficial financial relationship, allowing Unilab Corp to access necessary funds while providing the lending institutions with the reassurance of repayment and potential returns.