Dallas Texas 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: Dallas
• 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 Dallas Texas Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and multiple banks and financial institutions is a significant financial document that outlines the terms and conditions of a credit agreement between the parties involved. This legal document serves as a mutual agreement for the extension of credit and outlines the obligations, rights, and responsibilities of the borrower and the lenders. The credit agreement is a crucial component for businesses like SBA Communications, Corp. and SBA Telecommunications, Inc. that require substantial financial resources to support their operations, expansions, and investments. These agreements are typically essential for companies to secure the necessary working capital or funds for various purposes, including capital expenditures, debt refinancing, and day-to-day operations. The Dallas Texas Second Amended and Restated Credit Agreement is unique to the particular circumstances and needs of the parties involved. However, there can be different types or variations of such agreements, tailored to the specific requirements of the participants. These variations may include: 1. Revolving Credit Agreement: This type of credit agreement provides businesses with access to a specific credit limit, allowing them to borrow funds as needed. The borrowed amount can be repaid and borrowed again, making it a flexible financing option for recurring capital needs. 2. Term Loan Agreement: A term loan agreement provides a borrower with a lump sum loan, typically repaid over an agreed-upon term and with a fixed interest rate. This type of agreement is commonly used for long-term investments or acquisitions. 3. Syndicated Credit Agreement: In some cases, a credit agreement involves multiple banks and financial institutions acting as lenders. Such agreements are known as syndicated credit agreements, where each lender provides a portion of the total credit facility. This allows borrowers to access larger amounts than a single lender might provide and diversify risk for the participating lenders. 4. Secured Credit Agreement: A secured credit agreement involves the borrower providing collateral, such as assets or property, as a form of security to the lenders. If the borrower fails to fulfill their repayment obligations, the lenders have the right to seize and sell the collateral to recover their funds. These are just a few examples of the possible types of credit agreements that may exist within the Dallas Texas Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and multiple banks and financial institutions. Each agreement is unique and represents a specific financial arrangement designed to meet the needs and goals of the parties involved.

The Dallas Texas Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and multiple banks and financial institutions is a significant financial document that outlines the terms and conditions of a credit agreement between the parties involved. This legal document serves as a mutual agreement for the extension of credit and outlines the obligations, rights, and responsibilities of the borrower and the lenders. The credit agreement is a crucial component for businesses like SBA Communications, Corp. and SBA Telecommunications, Inc. that require substantial financial resources to support their operations, expansions, and investments. These agreements are typically essential for companies to secure the necessary working capital or funds for various purposes, including capital expenditures, debt refinancing, and day-to-day operations. The Dallas Texas Second Amended and Restated Credit Agreement is unique to the particular circumstances and needs of the parties involved. However, there can be different types or variations of such agreements, tailored to the specific requirements of the participants. These variations may include: 1. Revolving Credit Agreement: This type of credit agreement provides businesses with access to a specific credit limit, allowing them to borrow funds as needed. The borrowed amount can be repaid and borrowed again, making it a flexible financing option for recurring capital needs. 2. Term Loan Agreement: A term loan agreement provides a borrower with a lump sum loan, typically repaid over an agreed-upon term and with a fixed interest rate. This type of agreement is commonly used for long-term investments or acquisitions. 3. Syndicated Credit Agreement: In some cases, a credit agreement involves multiple banks and financial institutions acting as lenders. Such agreements are known as syndicated credit agreements, where each lender provides a portion of the total credit facility. This allows borrowers to access larger amounts than a single lender might provide and diversify risk for the participating lenders. 4. Secured Credit Agreement: A secured credit agreement involves the borrower providing collateral, such as assets or property, as a form of security to the lenders. If the borrower fails to fulfill their repayment obligations, the lenders have the right to seize and sell the collateral to recover their funds. These are just a few examples of the possible types of credit agreements that may exist within the Dallas Texas Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and multiple banks and financial institutions. Each agreement is unique and represents a specific financial arrangement designed to meet the needs and goals of the parties involved.