Harris Texas Amended and Restated Credit Agreement between ADAC Laboratories, various financial institution and ABN AMRO Bank

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Harris
• Control #: US-EG-9230
• Format: Word; Rich Text

Description

Amended and Restated Credit Agreement between ADAC Laboratories, various financial institution and ABN AMRO Bank, N.V. regarding the addition of a new person as a lender and to increase the amount available for borrowing dated March 29, 1999. 63 pages. The Harris Texas Amended and Restated Credit Agreement refers to a legal document that outlines the terms and conditions of a credit agreement between ADAC Laboratories, multiple financial institutions, and ABN AFRO Bank. This agreement serves as a contractual agreement specifying the borrowing terms, interest rates, repayment options, and other rights and obligations of the parties involved. The agreement is designed to facilitate lending and borrowing transactions between the entities mentioned. This financial arrangement can have different types and variations, depending on the specific requirements and agreements made between the parties. Some possible variations of the Harris Texas Amended and Restated Credit Agreement could include: 1. Term Loan Agreement: This type of agreement defines the terms of a loan that has a specific repayment period and repayment schedule. It outlines the amount borrowed, the interest rate, and the repayment terms agreed upon by ADAC Laboratories, financial institutions, and ABN AFRO Bank. 2. Revolving Credit Facility: This type of agreement provides ADAC Laboratories with a pre-approved line of credit that can be used as needed. They have the flexibility to borrow and repay funds multiple times during the specified duration, typically with interest charged only on the outstanding balance. 3. Syndicated Loan Agreement: In this variant, multiple financial institutions work together to provide a larger loan amount to ADAC Laboratories. Each institution contributes a portion of the total loan amount and agrees to the terms and conditions outlined in the agreement. 4. Guarantor Agreement: In certain cases, ADAC Laboratories may require a third party (guarantor) to provide a guarantee on the repayment of the credit facility. This guarantor agreement outlines the terms and conditions under which the guarantor is obligated to repay the loan if ADAC Laboratories defaults. 5. Security Agreement: In order to secure the credit facility, ADAC Laboratories may pledge certain assets, such as property, equipment, or accounts receivable, as collateral. This security agreement outlines the assets used as collateral and the rights and obligations of the parties regarding the pledged assets. The Harris Texas Amended and Restated Credit Agreement between ADAC Laboratories, various financial institutions, and ABN AFRO Bank is a comprehensive legal contract that governs the borrowing and lending activities, and it can take on slightly different forms depending on the specific requirements and agreements negotiated between the involved parties.

The Harris Texas Amended and Restated Credit Agreement refers to a legal document that outlines the terms and conditions of a credit agreement between ADAC Laboratories, multiple financial institutions, and ABN AFRO Bank. This agreement serves as a contractual agreement specifying the borrowing terms, interest rates, repayment options, and other rights and obligations of the parties involved. The agreement is designed to facilitate lending and borrowing transactions between the entities mentioned. This financial arrangement can have different types and variations, depending on the specific requirements and agreements made between the parties. Some possible variations of the Harris Texas Amended and Restated Credit Agreement could include: 1. Term Loan Agreement: This type of agreement defines the terms of a loan that has a specific repayment period and repayment schedule. It outlines the amount borrowed, the interest rate, and the repayment terms agreed upon by ADAC Laboratories, financial institutions, and ABN AFRO Bank. 2. Revolving Credit Facility: This type of agreement provides ADAC Laboratories with a pre-approved line of credit that can be used as needed. They have the flexibility to borrow and repay funds multiple times during the specified duration, typically with interest charged only on the outstanding balance. 3. Syndicated Loan Agreement: In this variant, multiple financial institutions work together to provide a larger loan amount to ADAC Laboratories. Each institution contributes a portion of the total loan amount and agrees to the terms and conditions outlined in the agreement. 4. Guarantor Agreement: In certain cases, ADAC Laboratories may require a third party (guarantor) to provide a guarantee on the repayment of the credit facility. This guarantor agreement outlines the terms and conditions under which the guarantor is obligated to repay the loan if ADAC Laboratories defaults. 5. Security Agreement: In order to secure the credit facility, ADAC Laboratories may pledge certain assets, such as property, equipment, or accounts receivable, as collateral. This security agreement outlines the assets used as collateral and the rights and obligations of the parties regarding the pledged assets. The Harris Texas Amended and Restated Credit Agreement between ADAC Laboratories, various financial institutions, and ABN AFRO Bank is a comprehensive legal contract that governs the borrowing and lending activities, and it can take on slightly different forms depending on the specific requirements and agreements negotiated between the involved parties.