Fulton Georgia 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: Fulton
• 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 Fulton Georgia 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. It serves as a contractual agreement between the parties involved, governing the borrowing and lending of funds and establishing the rights and obligations of each entity. This agreement is a crucial tool for managing the financial operations of SBA Communications, Corp. and SBA Telecommunications, Inc., as it provides a framework for accessing funds to support their business activities. It is particularly relevant for companies operating in the telecommunication industry, where significant capital investments are required to expand and maintain their infrastructure. The Fulton Georgia Second Amended and Restated Credit Agreement may have different types, depending on the specific details and requirements of the parties involved. These variations could include provisions related to the amount and duration of the credit, the interest rates to be paid, and any collateral or guarantees that may be required. Commonly, such credit agreements can take the form of a term loan, revolving credit facility, or a combination of both. A term loan typically involves borrowing a lump sum amount that is repaid over a specified period, while a revolving credit facility allows for borrowing and repayment on a revolving basis, up to a predetermined limit. These types of credit agreements provide flexibility and liquidity to the borrowing parties. Furthermore, the Fulton Georgia Second Amended and Restated Credit Agreement may also address various covenants and representations, financial ratios, and conditions precedent that must be fulfilled to maintain compliance with the agreement. These terms ensure that both the borrower and lender meet their respective obligations, protecting the interests of all parties involved. Overall, the Fulton Georgia Second Amended and Restated Credit Agreement plays a vital role in facilitating the financial operations of SBA Communications, Corp., SBA Telecommunications, Inc., and the participating banks and financial institutions. It establishes a framework for borrowing and lending, providing the necessary capital to support business activities and contributing to the growth and success of the telecommunications' industry.

The Fulton Georgia 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. It serves as a contractual agreement between the parties involved, governing the borrowing and lending of funds and establishing the rights and obligations of each entity. This agreement is a crucial tool for managing the financial operations of SBA Communications, Corp. and SBA Telecommunications, Inc., as it provides a framework for accessing funds to support their business activities. It is particularly relevant for companies operating in the telecommunication industry, where significant capital investments are required to expand and maintain their infrastructure. The Fulton Georgia Second Amended and Restated Credit Agreement may have different types, depending on the specific details and requirements of the parties involved. These variations could include provisions related to the amount and duration of the credit, the interest rates to be paid, and any collateral or guarantees that may be required. Commonly, such credit agreements can take the form of a term loan, revolving credit facility, or a combination of both. A term loan typically involves borrowing a lump sum amount that is repaid over a specified period, while a revolving credit facility allows for borrowing and repayment on a revolving basis, up to a predetermined limit. These types of credit agreements provide flexibility and liquidity to the borrowing parties. Furthermore, the Fulton Georgia Second Amended and Restated Credit Agreement may also address various covenants and representations, financial ratios, and conditions precedent that must be fulfilled to maintain compliance with the agreement. These terms ensure that both the borrower and lender meet their respective obligations, protecting the interests of all parties involved. Overall, the Fulton Georgia Second Amended and Restated Credit Agreement plays a vital role in facilitating the financial operations of SBA Communications, Corp., SBA Telecommunications, Inc., and the participating banks and financial institutions. It establishes a framework for borrowing and lending, providing the necessary capital to support business activities and contributing to the growth and success of the telecommunications' industry.