Bronx New York 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: Bronx
• 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 Bronx, located in New York, is one of the five boroughs of the city. It is known for its vibrant communities, cultural diversity, and rich history. The Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions is a legal document that outlines the terms and conditions regarding credit facilities between these entities. This agreement is crucial for SBA Communications, Corp., and SBA Telecommunications, Inc. as it allows them to access funds for various business purposes such as expanding their operations, investing in new technologies, or funding acquisitions. The credit agreement acts as a framework to establish borrowing limits, interest rates, repayment terms, and other financial covenants. Several Banks and Financial Institutions collaborate to offer credit facilities to SBA Communications, Corp., and SBA Telecommunications, Inc. The specific names of these banks and financial institutions may vary based on the agreement's terms. Typically, well-known banks such as JP Morgan Chase, Citibank, Bank of America, Wells Fargo, among others, are involved in providing these credit facilities. The Second Amended and Restated Credit Agreement ensures that all parties involved understand their rights, obligations, and responsibilities regarding the credit extension. It safeguards the interests of the lenders by establishing collateral requirements and any necessary guarantees. The agreement also outlines the conditions under which the borrower may default, allowing the lenders to take appropriate action to protect their investment. Moreover, the agreement may include provisions for amending and restructuring the credit facilities over time. This flexibility allows the parties to adapt to changes in market conditions or the borrower's financial situation. It enables SBA Communications, Corp., and SBA Telecommunications, Inc. to have access to additional credit or modify existing terms if their business needs evolve. In summary, the Bronx New York Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions is a legally binding document that enables SBA entities to secure essential credit facilities from various banks and financial institutions. It plays a pivotal role in their financial operations, facilitating growth, and supporting their overall business objectives.

The Bronx, located in New York, is one of the five boroughs of the city. It is known for its vibrant communities, cultural diversity, and rich history. The Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions is a legal document that outlines the terms and conditions regarding credit facilities between these entities. This agreement is crucial for SBA Communications, Corp., and SBA Telecommunications, Inc. as it allows them to access funds for various business purposes such as expanding their operations, investing in new technologies, or funding acquisitions. The credit agreement acts as a framework to establish borrowing limits, interest rates, repayment terms, and other financial covenants. Several Banks and Financial Institutions collaborate to offer credit facilities to SBA Communications, Corp., and SBA Telecommunications, Inc. The specific names of these banks and financial institutions may vary based on the agreement's terms. Typically, well-known banks such as JP Morgan Chase, Citibank, Bank of America, Wells Fargo, among others, are involved in providing these credit facilities. The Second Amended and Restated Credit Agreement ensures that all parties involved understand their rights, obligations, and responsibilities regarding the credit extension. It safeguards the interests of the lenders by establishing collateral requirements and any necessary guarantees. The agreement also outlines the conditions under which the borrower may default, allowing the lenders to take appropriate action to protect their investment. Moreover, the agreement may include provisions for amending and restructuring the credit facilities over time. This flexibility allows the parties to adapt to changes in market conditions or the borrower's financial situation. It enables SBA Communications, Corp., and SBA Telecommunications, Inc. to have access to additional credit or modify existing terms if their business needs evolve. In summary, the Bronx New York Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions is a legally binding document that enables SBA entities to secure essential credit facilities from various banks and financial institutions. It plays a pivotal role in their financial operations, facilitating growth, and supporting their overall business objectives.