Los Angeles California Amended and Restated Credit Agreement between ADAC Laboratories, various financial institution and ABN AMRO Bank

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Los Angeles
• 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 Los Angeles California Amended and Restated Credit Agreement between ADAC Laboratories, various financial institutions, and ABN AFRO Bank is a legally binding document that outlines the terms and conditions of a credit agreement. This agreement facilitates financial arrangements between ADAC Laboratories and multiple financial institutions, with ABN AFRO Bank serving as the administrative agent. Key terms and concepts included in this credit agreement may include: 1. Amended and Restated: The agreement may have been revised and updated from previous versions to reflect changes in the terms or conditions of the credit arrangement. 2. Credit Agreement: This refers to the legal document that governs the terms and conditions of extending credit to ADAC Laboratories. 3. Los Angeles, California: The geographical location of ADAC Laboratories, indicating where the agreement is applicable and enforceable. 4. ADAC Laboratories: The borrowing entity in this agreement. It is the recipient of the credit provided by the financial institutions. 5. Financial Institutions: Multiple lenders or banks participating in this credit agreement to provide funds to ADAC Laboratories. 6. ABN AFRO Bank: The administrative agent appointed to manage the credit agreement, including the disbursement and repayment of funds, as well as communication between the borrowing entity and the participating financial institutions. Different types of Amended and Restated Credit Agreements may exist depending on the specific terms and conditions agreed upon between ADAC Laboratories, the financial institutions, and ABN AFRO Bank. Some variations of these agreements may include: a) Term Loan Agreement: This type of agreement includes specific terms related to a fixed-term loan or credit facility, outlining the interest rate, repayment schedule, and any fees associated with the loan. b) Revolving Credit Agreement: This agreement establishes a line of credit that ADAC Laboratories can access at any time, up to a predetermined limit. It provides flexibility for borrowing and repaying funds as needed. c) Syndicated Loan Agreement: In such an agreement, multiple financial institutions jointly provide credit to ADAC Laboratories, sharing the risk and participating in the terms as agreed upon. d) Secured Credit Agreement: This type of agreement may involve ADAC Laboratories pledging certain assets as collateral to secure the credit provided by the financial institutions, thus reducing credit risk. e) Unsecured Credit Agreement: In contrast to a secured credit agreement, this type of agreement does not require ADAC Laboratories to provide any specific assets as collateral and relies solely on the borrower's creditworthiness. It is worth noting that the specific details and types of Los Angeles California Amended and Restated Credit Agreement may vary depending on individual circumstances, negotiation preferences, and the financial needs of ADAC Laboratories. Seeking legal counsel or referring to the actual agreement would provide the most accurate and comprehensive understanding of its terms and variations.

The Los Angeles California Amended and Restated Credit Agreement between ADAC Laboratories, various financial institutions, and ABN AFRO Bank is a legally binding document that outlines the terms and conditions of a credit agreement. This agreement facilitates financial arrangements between ADAC Laboratories and multiple financial institutions, with ABN AFRO Bank serving as the administrative agent. Key terms and concepts included in this credit agreement may include: 1. Amended and Restated: The agreement may have been revised and updated from previous versions to reflect changes in the terms or conditions of the credit arrangement. 2. Credit Agreement: This refers to the legal document that governs the terms and conditions of extending credit to ADAC Laboratories. 3. Los Angeles, California: The geographical location of ADAC Laboratories, indicating where the agreement is applicable and enforceable. 4. ADAC Laboratories: The borrowing entity in this agreement. It is the recipient of the credit provided by the financial institutions. 5. Financial Institutions: Multiple lenders or banks participating in this credit agreement to provide funds to ADAC Laboratories. 6. ABN AFRO Bank: The administrative agent appointed to manage the credit agreement, including the disbursement and repayment of funds, as well as communication between the borrowing entity and the participating financial institutions. Different types of Amended and Restated Credit Agreements may exist depending on the specific terms and conditions agreed upon between ADAC Laboratories, the financial institutions, and ABN AFRO Bank. Some variations of these agreements may include: a) Term Loan Agreement: This type of agreement includes specific terms related to a fixed-term loan or credit facility, outlining the interest rate, repayment schedule, and any fees associated with the loan. b) Revolving Credit Agreement: This agreement establishes a line of credit that ADAC Laboratories can access at any time, up to a predetermined limit. It provides flexibility for borrowing and repaying funds as needed. c) Syndicated Loan Agreement: In such an agreement, multiple financial institutions jointly provide credit to ADAC Laboratories, sharing the risk and participating in the terms as agreed upon. d) Secured Credit Agreement: This type of agreement may involve ADAC Laboratories pledging certain assets as collateral to secure the credit provided by the financial institutions, thus reducing credit risk. e) Unsecured Credit Agreement: In contrast to a secured credit agreement, this type of agreement does not require ADAC Laboratories to provide any specific assets as collateral and relies solely on the borrower's creditworthiness. It is worth noting that the specific details and types of Los Angeles California Amended and Restated Credit Agreement may vary depending on individual circumstances, negotiation preferences, and the financial needs of ADAC Laboratories. Seeking legal counsel or referring to the actual agreement would provide the most accurate and comprehensive understanding of its terms and variations.