Clark Nevada 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: Clark
• 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 Clark Nevada Second Amended and Restated Credit Agreement is a legal document that outlines the terms and conditions of a credit agreement between SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions. This agreement is designed to establish a borrowing framework and facilitate financial transactions between the parties involved. The agreement contains detailed provisions regarding the use of credit facilities, interest rates, repayment terms, and other key aspects of the lending relationship. It also includes provisions for collateral, representations and warranties, covenants, and events of default that could trigger remedial actions. Keywords: Clark Nevada, Second Amended and Restated Credit Agreement, SBA Communications, Corp., SBA Telecommunications, Inc., banks, financial institutions. Types of Clark Nevada Second Amended and Restated Credit Agreements: 1. Term Loan Agreement: This type of credit agreement specifies a fixed amount of loan that is to be repaid over a predetermined period, typically in installments. It may consist of various tranches with different interest rates and maturities. 2. Revolving Credit Agreement: A revolving credit agreement provides a line of credit that the borrowers can access repeatedly within an agreed-upon limit. It allows flexibility in borrowing and repayment, and interest is typically charged on the outstanding balance. 3. Acquisition Financing Agreement: This type of credit agreement is used when a company intends to acquire another business or assets. The agreement provides the necessary funds for the acquisition and typically includes specific covenants and conditions related to the transaction. 4. Financial Restructuring Agreement: In cases where a company needs to restructure its existing debt to improve its financial position, a financial restructuring agreement may be implemented. This agreement helps modify existing credit terms, including interest rates, repayment schedules, and collateral requirements. 5. Project Financing Agreement: When a specific project, such as the construction of a new telecommunications' infrastructure, requires substantial funding, a project financing agreement may be executed. This agreement outlines the terms and conditions for providing the necessary funds and typically includes project-specific provisions. It is important to note that the actual types of Clark Nevada Second Amended and Restated Credit Agreements may vary depending on the specific needs and circumstances of the parties involved.

The Clark Nevada Second Amended and Restated Credit Agreement is a legal document that outlines the terms and conditions of a credit agreement between SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions. This agreement is designed to establish a borrowing framework and facilitate financial transactions between the parties involved. The agreement contains detailed provisions regarding the use of credit facilities, interest rates, repayment terms, and other key aspects of the lending relationship. It also includes provisions for collateral, representations and warranties, covenants, and events of default that could trigger remedial actions. Keywords: Clark Nevada, Second Amended and Restated Credit Agreement, SBA Communications, Corp., SBA Telecommunications, Inc., banks, financial institutions. Types of Clark Nevada Second Amended and Restated Credit Agreements: 1. Term Loan Agreement: This type of credit agreement specifies a fixed amount of loan that is to be repaid over a predetermined period, typically in installments. It may consist of various tranches with different interest rates and maturities. 2. Revolving Credit Agreement: A revolving credit agreement provides a line of credit that the borrowers can access repeatedly within an agreed-upon limit. It allows flexibility in borrowing and repayment, and interest is typically charged on the outstanding balance. 3. Acquisition Financing Agreement: This type of credit agreement is used when a company intends to acquire another business or assets. The agreement provides the necessary funds for the acquisition and typically includes specific covenants and conditions related to the transaction. 4. Financial Restructuring Agreement: In cases where a company needs to restructure its existing debt to improve its financial position, a financial restructuring agreement may be implemented. This agreement helps modify existing credit terms, including interest rates, repayment schedules, and collateral requirements. 5. Project Financing Agreement: When a specific project, such as the construction of a new telecommunications' infrastructure, requires substantial funding, a project financing agreement may be executed. This agreement outlines the terms and conditions for providing the necessary funds and typically includes project-specific provisions. It is important to note that the actual types of Clark Nevada Second Amended and Restated Credit Agreements may vary depending on the specific needs and circumstances of the parties involved.