Hillsborough Florida 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: Hillsborough
• 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 Hillsborough Florida Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions is a legally binding contract that outlines the terms and conditions under which SBA Communications and its subsidiary, SBA Telecommunications, obtain credit facilities from various banks and financial institutions in Hillsborough County, Florida. This Credit Agreement serves as an essential financial instrument, enabling SBA Communications and SBA Telecommunications to secure financial support for their operations, investments, and growth strategies. By entering into this agreement, the companies gain access to a specified credit limit, which they can utilize for various purposes, such as funding acquisitions, expanding their wireless infrastructure, or meeting working capital requirements. The Hillsborough Florida Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions includes comprehensive provisions that govern the utilization and repayment of the credit facilities. It outlines the interest rates, fees, repayment terms, and any applicable prepayment penalties that SBA Communications and SBA Telecommunications must adhere to during the term of the agreement. Additionally, the agreement may encompass specific covenants and restrictions that the borrowing parties must follow to maintain compliance with the terms. This could include financial reporting obligations, limits on debt ratio, collateral requirements, and prohibitions on certain activities without prior consent from the lenders. The Hillsborough Florida Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions is an important financial arrangement that allows SBA Communications and SBA Telecommunications to access the necessary funds for their business operations and expansions. By collaborating with multiple banks and financial institutions, they can diversify their funding sources and secure more favorable terms. This type of credit agreement is crucial for companies like SBA Communications and SBA Telecommunications, as it enables them to fuel their growth strategies and thrive in the competitive telecommunications' industry. While it is not specified whether there are different types of this particular credit agreement, variations may exist depending on the specific terms negotiated between SBA Communications, SBA Telecommunications, and the participating banks and financial institutions. These variations could include differences in the credit limit, interest rates, maturity dates, and other contractual terms to accommodate the specific needs and goals of the borrowing parties.

The Hillsborough Florida Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions is a legally binding contract that outlines the terms and conditions under which SBA Communications and its subsidiary, SBA Telecommunications, obtain credit facilities from various banks and financial institutions in Hillsborough County, Florida. This Credit Agreement serves as an essential financial instrument, enabling SBA Communications and SBA Telecommunications to secure financial support for their operations, investments, and growth strategies. By entering into this agreement, the companies gain access to a specified credit limit, which they can utilize for various purposes, such as funding acquisitions, expanding their wireless infrastructure, or meeting working capital requirements. The Hillsborough Florida Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions includes comprehensive provisions that govern the utilization and repayment of the credit facilities. It outlines the interest rates, fees, repayment terms, and any applicable prepayment penalties that SBA Communications and SBA Telecommunications must adhere to during the term of the agreement. Additionally, the agreement may encompass specific covenants and restrictions that the borrowing parties must follow to maintain compliance with the terms. This could include financial reporting obligations, limits on debt ratio, collateral requirements, and prohibitions on certain activities without prior consent from the lenders. The Hillsborough Florida Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks, and Financial Institutions is an important financial arrangement that allows SBA Communications and SBA Telecommunications to access the necessary funds for their business operations and expansions. By collaborating with multiple banks and financial institutions, they can diversify their funding sources and secure more favorable terms. This type of credit agreement is crucial for companies like SBA Communications and SBA Telecommunications, as it enables them to fuel their growth strategies and thrive in the competitive telecommunications' industry. While it is not specified whether there are different types of this particular credit agreement, variations may exist depending on the specific terms negotiated between SBA Communications, SBA Telecommunications, and the participating banks and financial institutions. These variations could include differences in the credit limit, interest rates, maturity dates, and other contractual terms to accommodate the specific needs and goals of the borrowing parties.