Maricopa Arizona 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: Maricopa
• 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 Maricopa Arizona 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 credit agreement pertains to financing arrangements and outlines the terms and conditions under which the borrower, SBA Communications, Corp. and its subsidiary, SBA Telecommunications, Inc., can access credit facilities. This credit agreement is designed to provide SBA Communications, Corp. and SBA Telecommunications, Inc. with the necessary funds for various purposes, such as working capital, acquisitions, investments, and general corporate needs. The agreement specifies the maximum credit amount available, the interest rates, repayment terms, collateral requirements, and any applicable fees or charges. The Maricopa Arizona Second Amended and Restated Credit Agreement aims to ensure that SBA Communications, Corp. and SBA Telecommunications, Inc. have access to a stable source of financing while also protecting the interests of the lending institutions. It outlines the rights and obligations of all parties involved, including the lenders' rights to declare default and demand immediate repayment, as well as the borrowers' covenants, warranties, and guarantees. Different types of Maricopa Arizona Second Amended and Restated Credit Agreement may exist depending on the specific financing needs and circumstances of SBA Communications, Corp., and SBA Telecommunications, Inc. For example, there may be credit agreements with varying maturity dates, interest rates, or specific-purpose financing. These types of agreements may include revolving credit facilities, term loans, or a combination of both. Revolving credit facilities allow the borrower to access funds up to a predetermined credit limit on an as-needed basis. They provide flexibility and are commonly used for short-term financing needs. Term loans, on the other hand, provide funds for a specific purpose and have a fixed repayment schedule over a predetermined period. Overall, the Maricopa Arizona Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions serves as a critical financial tool for ensuring the stability and growth of the telecommunications company while meeting the lending institutions' requirements.

The Maricopa Arizona 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 credit agreement pertains to financing arrangements and outlines the terms and conditions under which the borrower, SBA Communications, Corp. and its subsidiary, SBA Telecommunications, Inc., can access credit facilities. This credit agreement is designed to provide SBA Communications, Corp. and SBA Telecommunications, Inc. with the necessary funds for various purposes, such as working capital, acquisitions, investments, and general corporate needs. The agreement specifies the maximum credit amount available, the interest rates, repayment terms, collateral requirements, and any applicable fees or charges. The Maricopa Arizona Second Amended and Restated Credit Agreement aims to ensure that SBA Communications, Corp. and SBA Telecommunications, Inc. have access to a stable source of financing while also protecting the interests of the lending institutions. It outlines the rights and obligations of all parties involved, including the lenders' rights to declare default and demand immediate repayment, as well as the borrowers' covenants, warranties, and guarantees. Different types of Maricopa Arizona Second Amended and Restated Credit Agreement may exist depending on the specific financing needs and circumstances of SBA Communications, Corp., and SBA Telecommunications, Inc. For example, there may be credit agreements with varying maturity dates, interest rates, or specific-purpose financing. These types of agreements may include revolving credit facilities, term loans, or a combination of both. Revolving credit facilities allow the borrower to access funds up to a predetermined credit limit on an as-needed basis. They provide flexibility and are commonly used for short-term financing needs. Term loans, on the other hand, provide funds for a specific purpose and have a fixed repayment schedule over a predetermined period. Overall, the Maricopa Arizona Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., and several banks and financial institutions serves as a critical financial tool for ensuring the stability and growth of the telecommunications company while meeting the lending institutions' requirements.