Phoenix 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
• City: Phoenix
• 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 Phoenix 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 outlines the terms and conditions for the extension of credit facilities to the named parties. SBA Communications, Corp. is a leading independent owner and operator of wireless communications' infrastructure, while SBA Telecommunications, Inc is a subsidiary of SBA Communications Corp., engaged in similar activities. These companies rely on credit facilities provided by various banks and financial institutions to fund their operations, expansion, and other financial needs. The Second Amended and Restated Credit Agreement is an updated version of the original credit agreement, reflecting any changes, amendments, and restatements agreed upon by the parties involved. It is essential to review and amend credit agreements periodically to ensure they align with the evolving needs and goals of the parties. The Phoenix, Arizona reference in the agreement indicates the jurisdiction where the agreement is governed. It implies that any disputes or legal matters arising from this credit agreement will be subject to the laws and regulations of Phoenix, Arizona. Specific types or variations of the Phoenix Arizona Second Amended and Restated Credit Agreement may include: 1. Term Loan Agreement: This type of credit agreement specifically outlines the terms and conditions for a long-term loan facility extended to the parties involved. It typically includes details such as interest rates, repayment terms, and any associated fees or charges. 2. Revolving Credit Facility: This type of credit agreement establishes a revolving line of credit that can be used by the borrowers as needed within predefined limits. The borrowers may borrow and repay funds from this facility, typically for short-term financing needs. 3. Debt Restructuring Agreement: This type of credit agreement is used when the parties involved need to modify the existing terms of their debt obligations. It may involve changes in interest rates, payment terms, collateral, or overall debt restructuring to improve financial flexibility. 4. Guaranty Agreement: This agreement provides a guarantee to a lender from a third party, such as a parent company or subsidiary, for the repayment of the borrower's debt. It offers additional security to the lender and increases the borrower's chances of obtaining credit. Overall, the Phoenix Arizona Second Amended and Restated Credit Agreement is a crucial legal document that governs the credit relationship between SBA Communications, Corp., SBA Telecommunications, Inc., and various banks and financial institutions. It outlines the terms, conditions, and rights of all parties involved, ensuring transparency and accountability in their financial dealings.

The Phoenix 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 outlines the terms and conditions for the extension of credit facilities to the named parties. SBA Communications, Corp. is a leading independent owner and operator of wireless communications' infrastructure, while SBA Telecommunications, Inc is a subsidiary of SBA Communications Corp., engaged in similar activities. These companies rely on credit facilities provided by various banks and financial institutions to fund their operations, expansion, and other financial needs. The Second Amended and Restated Credit Agreement is an updated version of the original credit agreement, reflecting any changes, amendments, and restatements agreed upon by the parties involved. It is essential to review and amend credit agreements periodically to ensure they align with the evolving needs and goals of the parties. The Phoenix, Arizona reference in the agreement indicates the jurisdiction where the agreement is governed. It implies that any disputes or legal matters arising from this credit agreement will be subject to the laws and regulations of Phoenix, Arizona. Specific types or variations of the Phoenix Arizona Second Amended and Restated Credit Agreement may include: 1. Term Loan Agreement: This type of credit agreement specifically outlines the terms and conditions for a long-term loan facility extended to the parties involved. It typically includes details such as interest rates, repayment terms, and any associated fees or charges. 2. Revolving Credit Facility: This type of credit agreement establishes a revolving line of credit that can be used by the borrowers as needed within predefined limits. The borrowers may borrow and repay funds from this facility, typically for short-term financing needs. 3. Debt Restructuring Agreement: This type of credit agreement is used when the parties involved need to modify the existing terms of their debt obligations. It may involve changes in interest rates, payment terms, collateral, or overall debt restructuring to improve financial flexibility. 4. Guaranty Agreement: This agreement provides a guarantee to a lender from a third party, such as a parent company or subsidiary, for the repayment of the borrower's debt. It offers additional security to the lender and increases the borrower's chances of obtaining credit. Overall, the Phoenix Arizona Second Amended and Restated Credit Agreement is a crucial legal document that governs the credit relationship between SBA Communications, Corp., SBA Telecommunications, Inc., and various banks and financial institutions. It outlines the terms, conditions, and rights of all parties involved, ensuring transparency and accountability in their financial dealings.