Fairfax Virginia 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: Fairfax
• 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 Fairfax Virginia Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions is a legally binding document that outlines the terms and conditions of a credit facility provided to SBA Communications, Corp. and its subsidiary, SBA Telecommunications, Inc. This agreement serves as a comprehensive framework for the borrowing and lending activities between the parties involved. Under this Second Amended and Restated Credit Agreement, SBA Communications, Corp. and SBA Telecommunications, Inc. (the "Borrowers") have entered into an agreement with various banks and financial institutions (the "Lenders") to provide a credit facility for general corporate purposes, potential acquisitions, capital expenditures, and working capital needs. This credit agreement encompasses various key elements such as the borrowing limits, interest rates, repayment terms, financial covenants, and events of default. It also includes provisions related to guarantees, security interests, and representations and warranties made by the Borrowers. The Fairfax Virginia Second Amended and Restated Credit Agreement signifies the extension and modification of a previously existing credit agreement between the parties. This amendment reflects the changes and updates made to align with the current financial circumstances or strategic objectives of the Borrowers. The different types or tranches of credit facilities within this agreement may include term loans, revolving credit facilities, and letters of credit. The Lenders may have an option to provide one or more of these types of credit lines to the Borrowers, based on their specific needs and creditworthiness. It is crucial for all parties involved to understand the precise terms and conditions outlined in the Fairfax Virginia Second Amended and Restated Credit Agreement. Regular monitoring and compliance with the agreement's provisions are necessary to maintain a healthy lender-borrower relationship and to mitigate any potential default risks. In conclusion, the Fairfax Virginia Second Amended and Restated Credit Agreement serves as a significant financial instrument, outlining the terms and conditions of a credit facility provided by various banks and financial institutions to SBA Communications, Corp. and SBA Telecommunications, Inc. Its contents encompass borrowing limits, interest rates, repayment terms, and other crucial provisions governing the borrowing and lending activities between the parties.

The Fairfax Virginia Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions is a legally binding document that outlines the terms and conditions of a credit facility provided to SBA Communications, Corp. and its subsidiary, SBA Telecommunications, Inc. This agreement serves as a comprehensive framework for the borrowing and lending activities between the parties involved. Under this Second Amended and Restated Credit Agreement, SBA Communications, Corp. and SBA Telecommunications, Inc. (the "Borrowers") have entered into an agreement with various banks and financial institutions (the "Lenders") to provide a credit facility for general corporate purposes, potential acquisitions, capital expenditures, and working capital needs. This credit agreement encompasses various key elements such as the borrowing limits, interest rates, repayment terms, financial covenants, and events of default. It also includes provisions related to guarantees, security interests, and representations and warranties made by the Borrowers. The Fairfax Virginia Second Amended and Restated Credit Agreement signifies the extension and modification of a previously existing credit agreement between the parties. This amendment reflects the changes and updates made to align with the current financial circumstances or strategic objectives of the Borrowers. The different types or tranches of credit facilities within this agreement may include term loans, revolving credit facilities, and letters of credit. The Lenders may have an option to provide one or more of these types of credit lines to the Borrowers, based on their specific needs and creditworthiness. It is crucial for all parties involved to understand the precise terms and conditions outlined in the Fairfax Virginia Second Amended and Restated Credit Agreement. Regular monitoring and compliance with the agreement's provisions are necessary to maintain a healthy lender-borrower relationship and to mitigate any potential default risks. In conclusion, the Fairfax Virginia Second Amended and Restated Credit Agreement serves as a significant financial instrument, outlining the terms and conditions of a credit facility provided by various banks and financial institutions to SBA Communications, Corp. and SBA Telecommunications, Inc. Its contents encompass borrowing limits, interest rates, repayment terms, and other crucial provisions governing the borrowing and lending activities between the parties.