Alameda California Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks and Financial Institutions

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Alameda
• Control #: US-EG-9414
• Format: Word; Rich Text

Description

Second Amended and Restated Credit Agreement among SBA Communications, Corporation, SBA Telecommunications, Inc., Several Banks and Other Financial Institutions or Entities, Lehman Brothers, Inc., General Electric Capital Corporation, Toronto Dominion, The Alameda California Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks and Financial Institutions is an important legal document that outlines the terms and conditions of a credit agreement between these parties. This specific agreement pertains to Alameda, California and involves SBA Communications, Corp., SBA Telecommunications, Inc., and multiple banks and financial institutions. The purpose of this credit agreement is to provide SBA Communications, Corp. and SBA Telecommunications, Inc. with access to financial resources in the form of credit facilities provided by the participating banks and financial institutions. It lays out the terms of the credit facilities, including loan amounts, repayment schedules, interest rates, and any applicable fees or charges. The agreement is known as the "Second Amended and Restated" Credit Agreement, indicating that it is a modified version of a previous agreement. Such modifications are common when parties need to amend or update the terms of their credit agreement due to changes in financial circumstances, business operations, or legal requirements. Within the Alameda California Second Amended and Restated Credit Agreement, there may be different types of credit facilities agreed upon by SBA Communications, Corp., SBA Telecommunications, Inc., and the participating banks and financial institutions. These may include revolving credit facilities, term loans, or a combination of both. Revolving credit facilities provide SBA Communications, Corp. and SBA Telecommunications, Inc. with a predetermined credit limit, allowing them to borrow funds as needed within that limit. The borrowed amount can be repaid and borrowed again during the specified period, often referred to as the revolving period. Term loans, on the other hand, provide a fixed loan amount that is repaid over a specific period of time, typically in predetermined installments. These loans may have varying interest rates, fixed or variable, and can be secured or unsecured, depending on the terms negotiated between the parties. The Alameda California Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and Several Banks and Financial Institutions is a crucial legal document that ensures the availability of financial resources for the companies' operations and growth initiatives. It solidifies the commitments, obligations, and rights of all parties involved, providing a framework for a mutually beneficial financial relationship.

The Alameda California Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks and Financial Institutions is an important legal document that outlines the terms and conditions of a credit agreement between these parties. This specific agreement pertains to Alameda, California and involves SBA Communications, Corp., SBA Telecommunications, Inc., and multiple banks and financial institutions. The purpose of this credit agreement is to provide SBA Communications, Corp. and SBA Telecommunications, Inc. with access to financial resources in the form of credit facilities provided by the participating banks and financial institutions. It lays out the terms of the credit facilities, including loan amounts, repayment schedules, interest rates, and any applicable fees or charges. The agreement is known as the "Second Amended and Restated" Credit Agreement, indicating that it is a modified version of a previous agreement. Such modifications are common when parties need to amend or update the terms of their credit agreement due to changes in financial circumstances, business operations, or legal requirements. Within the Alameda California Second Amended and Restated Credit Agreement, there may be different types of credit facilities agreed upon by SBA Communications, Corp., SBA Telecommunications, Inc., and the participating banks and financial institutions. These may include revolving credit facilities, term loans, or a combination of both. Revolving credit facilities provide SBA Communications, Corp. and SBA Telecommunications, Inc. with a predetermined credit limit, allowing them to borrow funds as needed within that limit. The borrowed amount can be repaid and borrowed again during the specified period, often referred to as the revolving period. Term loans, on the other hand, provide a fixed loan amount that is repaid over a specific period of time, typically in predetermined installments. These loans may have varying interest rates, fixed or variable, and can be secured or unsecured, depending on the terms negotiated between the parties. The Alameda California Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and Several Banks and Financial Institutions is a crucial legal document that ensures the availability of financial resources for the companies' operations and growth initiatives. It solidifies the commitments, obligations, and rights of all parties involved, providing a framework for a mutually beneficial financial relationship.