Salt Lake Utah Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co and Merrill Lynch Capital Corp

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Salt Lake
• 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 A Salt Lake Utah Credit Agreement is a legally binding document that outlines the terms and conditions of a financial arrangement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp in Salt Lake City, Utah. This agreement is designed to establish a credit facility for Unilab Corp to access funds for its operational and strategic needs. The credit agreement serves as a framework for defining the borrowing limits, interest rates, repayment terms, and other relevant factors that govern the lending arrangement. It specifies the roles and responsibilities of each party involved and helps ensure transparency and accountability throughout the credit facility. There can be different types of Salt Lake Utah Credit Agreements between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp, based on the specific requirements and objectives of the borrowing entity. Some variations may include: 1. Line of Credit Agreement: This type of credit agreement provides Unilab Corp with a pre-approved credit limit that it can draw upon as and when needed. The company can access funds up to the agreed limit and repay the borrowed amount with interest within a specified timeframe. 2. Term Loan Agreement: A term loan credit agreement could provide Unilab Corp with a lump sum amount to be repaid over a predetermined period. This type of agreement may have a fixed or variable interest rate and structured repayment installments. 3. Revolving Credit Agreement: This type of agreement grants Unilab Corp ongoing access to a predetermined credit limit, which it can utilize multiple times within the agreement's duration. The borrowed funds can be repaid and accessed repeatedly, making it useful for managing working capital needs. 4. Secured Credit Agreement: In certain situations, the credit facility may require collateral to secure the loan. This type of agreement pledges specific assets of Unilab Corp as security against the borrowed funds, reducing the lender's risk. The Salt Lake Utah Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is intended to provide financial flexibility and support the growth and stability of Unilab Corp in Salt Lake City, Utah. By outlining the terms, conditions, and types of the credit arrangement, this agreement establishes a mutually beneficial partnership, fostering a strong financial foundation for Unilab Corp's operations.

A Salt Lake Utah Credit Agreement is a legally binding document that outlines the terms and conditions of a financial arrangement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp in Salt Lake City, Utah. This agreement is designed to establish a credit facility for Unilab Corp to access funds for its operational and strategic needs. The credit agreement serves as a framework for defining the borrowing limits, interest rates, repayment terms, and other relevant factors that govern the lending arrangement. It specifies the roles and responsibilities of each party involved and helps ensure transparency and accountability throughout the credit facility. There can be different types of Salt Lake Utah Credit Agreements between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp, based on the specific requirements and objectives of the borrowing entity. Some variations may include: 1. Line of Credit Agreement: This type of credit agreement provides Unilab Corp with a pre-approved credit limit that it can draw upon as and when needed. The company can access funds up to the agreed limit and repay the borrowed amount with interest within a specified timeframe. 2. Term Loan Agreement: A term loan credit agreement could provide Unilab Corp with a lump sum amount to be repaid over a predetermined period. This type of agreement may have a fixed or variable interest rate and structured repayment installments. 3. Revolving Credit Agreement: This type of agreement grants Unilab Corp ongoing access to a predetermined credit limit, which it can utilize multiple times within the agreement's duration. The borrowed funds can be repaid and accessed repeatedly, making it useful for managing working capital needs. 4. Secured Credit Agreement: In certain situations, the credit facility may require collateral to secure the loan. This type of agreement pledges specific assets of Unilab Corp as security against the borrowed funds, reducing the lender's risk. The Salt Lake Utah Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is intended to provide financial flexibility and support the growth and stability of Unilab Corp in Salt Lake City, Utah. By outlining the terms, conditions, and types of the credit arrangement, this agreement establishes a mutually beneficial partnership, fostering a strong financial foundation for Unilab Corp's operations.