Los Angeles California 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: Los Angeles
• 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, Los Angeles, California Second Amended and Restated Credit Agreement is a legally binding agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions. This agreement outlines the terms and conditions for the extension of credit and other financial arrangements. In this agreement, SBA Communications, Corp. and SBA Telecommunications, Inc. act as borrowers, while the banks and financial institutions serve as lenders. The Second Amendment and restatement highlight the revisions and updates made to the initial agreement. The main purpose of the Los Angeles, California Second Amended and Restated Credit Agreement is to provide SBA Communications, Corp. and SBA Telecommunications, Inc. with access to capital for various business requirements. This may include financing acquisitions, refinancing existing debts, funding capital expenditures, general corporate purposes, or any other lawful business purposes. The agreement contains key provisions such as the loan amount, interest rates, repayment terms, financial covenants, events of default, security interests, guarantees, and conditions precedent. These terms ensure that both the borrowers and the lenders have a clear understanding of their rights, obligations, and responsibilities. Additional types of Los Angeles, California Second Amended and Restated Credit Agreements, with similar structures and objectives but potentially varying terms, could include the following: 1. Los Angeles, California Second Amended and Restated Revolving Credit Agreement: This type of credit agreement allows the borrowers to access a revolving line of credit, giving them the flexibility to borrow, repay, and re-borrow funds as needed within the specified credit limit. 2. Los Angeles, California Second Amended and Restated Term Loan Agreement: Unlike a revolving credit agreement, this type of agreement provides borrowers with a fixed amount of credit, with predetermined repayment terms and a defined maturity date. 3. Los Angeles, California Second Amended and Restated Working Capital Facility Agreement: This type of agreement focuses on providing funding to support the borrowers' day-to-day operational needs, such as meeting short-term liabilities, inventory financing, or managing cash flow. It is important for all parties involved to carefully review and consider the terms and conditions laid out in the Los Angeles, California Second Amended and Restated Credit Agreement before entering into such a financial arrangement. Legal counsel is often involved in negotiating and drafting these agreements to ensure compliance with relevant laws and regulations.

Los Angeles, California Second Amended and Restated Credit Agreement is a legally binding agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions. This agreement outlines the terms and conditions for the extension of credit and other financial arrangements. In this agreement, SBA Communications, Corp. and SBA Telecommunications, Inc. act as borrowers, while the banks and financial institutions serve as lenders. The Second Amendment and restatement highlight the revisions and updates made to the initial agreement. The main purpose of the Los Angeles, California Second Amended and Restated Credit Agreement is to provide SBA Communications, Corp. and SBA Telecommunications, Inc. with access to capital for various business requirements. This may include financing acquisitions, refinancing existing debts, funding capital expenditures, general corporate purposes, or any other lawful business purposes. The agreement contains key provisions such as the loan amount, interest rates, repayment terms, financial covenants, events of default, security interests, guarantees, and conditions precedent. These terms ensure that both the borrowers and the lenders have a clear understanding of their rights, obligations, and responsibilities. Additional types of Los Angeles, California Second Amended and Restated Credit Agreements, with similar structures and objectives but potentially varying terms, could include the following: 1. Los Angeles, California Second Amended and Restated Revolving Credit Agreement: This type of credit agreement allows the borrowers to access a revolving line of credit, giving them the flexibility to borrow, repay, and re-borrow funds as needed within the specified credit limit. 2. Los Angeles, California Second Amended and Restated Term Loan Agreement: Unlike a revolving credit agreement, this type of agreement provides borrowers with a fixed amount of credit, with predetermined repayment terms and a defined maturity date. 3. Los Angeles, California Second Amended and Restated Working Capital Facility Agreement: This type of agreement focuses on providing funding to support the borrowers' day-to-day operational needs, such as meeting short-term liabilities, inventory financing, or managing cash flow. It is important for all parties involved to carefully review and consider the terms and conditions laid out in the Los Angeles, California Second Amended and Restated Credit Agreement before entering into such a financial arrangement. Legal counsel is often involved in negotiating and drafting these agreements to ensure compliance with relevant laws and regulations.