Los Angeles California Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co and Merrill Lynch Capital Corp

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Los Angeles
• 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 Los Angeles, California, Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is a legal contract that outlines the terms and conditions of a credit facility provided to Unilab Corp by multiple lending institutions, including Bankers Trust Co and Merrill Lynch Capital Corp. This agreement establishes a framework for the extension of credit, repayment terms, interest rates, and other important provisions related to the financial relationship between Unilab Corp and the lending institutions. This Los Angeles California Credit Agreement aims to provide Unilab Corp with the necessary capital to support its operations, expansion plans, or other financial needs. The agreement may include various types of credit arrangements to cater to different requirements. Some of these types could include: 1. Revolving Credit Facility: This type of credit agreement allows Unilab Corp to borrow up to a specified limit, repay the borrowed amount, and then borrow again, thus providing a continuous line of credit. 2. Term Loan: Under a term loan agreement, Unilab Corp receives a specific amount of funds from the lending institutions, which is repaid over a predetermined period in regular installments. Interest rates and repayment terms are usually fixed. 3. Equipment Financing Agreement: This type of credit agreement focuses on financing the purchase or lease of specific equipment required by Unilab Corp for its operations. The agreement may outline the terms regarding equipment ownership, maintenance, and potential upgrades. 4. Secured Credit Agreement: In some cases, the credit facility may be secured by collateral provided by Unilab Corp. This collateral could be assets such as real estate, inventory, or accounts receivable, which serve as a form of protection for the lending institutions in case of non-payment. 5. Syndicated Credit Agreement: When the credit facility involves multiple lenders, a syndicated credit agreement is established. Here, a lead arranger, often a major financial institution, works with other participating lenders to provide the credit facility to Unilab Corp. The agreement outlines the roles, responsibilities, and rights of each lender in the syndication. In the Los Angeles California Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp, the terms and conditions, including interest rates, repayment schedules, covenants, and potential default provisions, are clearly defined to protect the interests of both the borrower and the lending institutions. This agreement plays a crucial role in facilitating the smooth flow of capital and enabling Unilab Corp to meet its financial obligations while supporting its growth and strategic objectives.

Los Angeles, California, Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is a legal contract that outlines the terms and conditions of a credit facility provided to Unilab Corp by multiple lending institutions, including Bankers Trust Co and Merrill Lynch Capital Corp. This agreement establishes a framework for the extension of credit, repayment terms, interest rates, and other important provisions related to the financial relationship between Unilab Corp and the lending institutions. This Los Angeles California Credit Agreement aims to provide Unilab Corp with the necessary capital to support its operations, expansion plans, or other financial needs. The agreement may include various types of credit arrangements to cater to different requirements. Some of these types could include: 1. Revolving Credit Facility: This type of credit agreement allows Unilab Corp to borrow up to a specified limit, repay the borrowed amount, and then borrow again, thus providing a continuous line of credit. 2. Term Loan: Under a term loan agreement, Unilab Corp receives a specific amount of funds from the lending institutions, which is repaid over a predetermined period in regular installments. Interest rates and repayment terms are usually fixed. 3. Equipment Financing Agreement: This type of credit agreement focuses on financing the purchase or lease of specific equipment required by Unilab Corp for its operations. The agreement may outline the terms regarding equipment ownership, maintenance, and potential upgrades. 4. Secured Credit Agreement: In some cases, the credit facility may be secured by collateral provided by Unilab Corp. This collateral could be assets such as real estate, inventory, or accounts receivable, which serve as a form of protection for the lending institutions in case of non-payment. 5. Syndicated Credit Agreement: When the credit facility involves multiple lenders, a syndicated credit agreement is established. Here, a lead arranger, often a major financial institution, works with other participating lenders to provide the credit facility to Unilab Corp. The agreement outlines the roles, responsibilities, and rights of each lender in the syndication. In the Los Angeles California Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp, the terms and conditions, including interest rates, repayment schedules, covenants, and potential default provisions, are clearly defined to protect the interests of both the borrower and the lending institutions. This agreement plays a crucial role in facilitating the smooth flow of capital and enabling Unilab Corp to meet its financial obligations while supporting its growth and strategic objectives.