Houston 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
• City: Houston
• 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, Houston, Texas Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions is a legal document that outlines the terms and conditions of a credit agreement between these entities. The agreement serves as a formal document to amend and restate the terms of the previous credit agreement. It provides a detailed framework for the financial relationship between SBA Communications, Corp. and SBA Telecommunications, Inc. with the participating banks and financial institutions from Houston, Texas. This credit agreement establishes the borrowing capacity, interest rates, repayment schedule, and other essential financial terms. It ensures that SBA Communications, Corp. and SBA Telecommunications, Inc. have access to credit facilities, allowing them to fund their operations, expansion projects, debt refinancing, or any other financial needs outlined in the agreement. The Houston, Texas Second Amended and Restated Credit Agreement may include various types, depending on the nature of the agreement or specific requirements of the involved parties. Some common types within this context may include: 1. Revolving Credit Facility: This type of agreement allows SBA Communications, Corp. and SBA Telecommunications, Inc. to borrow funds up to a predetermined limit and repay the borrowed amount while the credit line remains open. It provides flexibility for businesses to access funds as and when required. 2. Term Loan Facility: In this type, the banks or financial institutions provide a specific amount of funds to SBA Communications, Corp. and SBA Telecommunications, Inc. for a fixed period, usually with predefined repayment terms. This facility is often used for long-term investments or capital expenditures. 3. Bridge Loan: A bridge loan helps fill temporary financing gaps until a more permanent source of financing or funding is secured. It provides SBA Communications, Corp. and SBA Telecommunications, Inc. with short-term liquidity while waiting for other financial arrangements, such as an equity offering or a long-term loan. 4. Debt Restructuring Agreement: This type of agreement might be employed when SBA Communications, Corp. and SBA Telecommunications, Inc. need to renegotiate the terms of their existing debt, including interest rates, maturity dates, or payment schedules. By restructuring the debt, they can better align their financial obligations with their business objectives. Overall, the Houston, Texas Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and the participating banks and financial institutions ensures a mutually agreed-upon financial arrangement that supports the growth and stability of the involved entities.

Houston, Texas Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions is a legal document that outlines the terms and conditions of a credit agreement between these entities. The agreement serves as a formal document to amend and restate the terms of the previous credit agreement. It provides a detailed framework for the financial relationship between SBA Communications, Corp. and SBA Telecommunications, Inc. with the participating banks and financial institutions from Houston, Texas. This credit agreement establishes the borrowing capacity, interest rates, repayment schedule, and other essential financial terms. It ensures that SBA Communications, Corp. and SBA Telecommunications, Inc. have access to credit facilities, allowing them to fund their operations, expansion projects, debt refinancing, or any other financial needs outlined in the agreement. The Houston, Texas Second Amended and Restated Credit Agreement may include various types, depending on the nature of the agreement or specific requirements of the involved parties. Some common types within this context may include: 1. Revolving Credit Facility: This type of agreement allows SBA Communications, Corp. and SBA Telecommunications, Inc. to borrow funds up to a predetermined limit and repay the borrowed amount while the credit line remains open. It provides flexibility for businesses to access funds as and when required. 2. Term Loan Facility: In this type, the banks or financial institutions provide a specific amount of funds to SBA Communications, Corp. and SBA Telecommunications, Inc. for a fixed period, usually with predefined repayment terms. This facility is often used for long-term investments or capital expenditures. 3. Bridge Loan: A bridge loan helps fill temporary financing gaps until a more permanent source of financing or funding is secured. It provides SBA Communications, Corp. and SBA Telecommunications, Inc. with short-term liquidity while waiting for other financial arrangements, such as an equity offering or a long-term loan. 4. Debt Restructuring Agreement: This type of agreement might be employed when SBA Communications, Corp. and SBA Telecommunications, Inc. need to renegotiate the terms of their existing debt, including interest rates, maturity dates, or payment schedules. By restructuring the debt, they can better align their financial obligations with their business objectives. Overall, the Houston, Texas Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and the participating banks and financial institutions ensures a mutually agreed-upon financial arrangement that supports the growth and stability of the involved entities.