Suffolk New York 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: Suffolk
• 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 Suffolk New York 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 serves as a crucial financial arrangement governing the terms of credit and loans for the parties involved. As a significant document, this credit agreement outlines the terms and conditions under which SBA Communications and SBA Telecommunications can access credit facilities from the participating banks and financial institutions. It details the specific terms, interest rates, repayment schedules, and any collateral or guarantees required for the credit extended. The agreement ensures that both SBA Communications and SBA Telecommunications have access to the required financing to support their operations, growth, and investment plans. By partnering with various reputable banks and financial institutions, the companies gain access to substantial credit facilities that can be utilized for purposes such as network expansion, infrastructure development, or debt refinancing. It is worth noting that different types of Suffolk New York Second Amended and Restated Credit Agreements may exist based on the specific nature of the credit facility being extended. Some possible classifications could include: 1. Revolving Credit Facility Agreement: This type of agreement would allow SBA Communications and SBA Telecommunications to access a revolving line of credit, enabling them to borrow funds up to a specified limit and repay the debt multiple times as needed. The amount borrowed and repaid can fluctuate within the pre-approved limit, providing the companies with financial flexibility. 2. Term Loan Facility Agreement: This agreement would outline the terms and conditions for a specific amount of funds provided to SBA Communications and SBA Telecommunications for a fixed term. The repayment schedule, interest rates, and any additional provisions would be clearly defined in this agreement. 3. Syndicated Loan Agreement: In scenarios where the credit facility is jointly provided by multiple banks and financial institutions, a syndicated loan agreement may be established. This agreement would outline the contribution and responsibilities of each participating lender, as well as the terms and conditions governing the loan. The Suffolk New York Second Amended and Restated Credit Agreement is a significant legal document that governs the financial relationships between SBA Communications, SBA Telecommunications, and various banks and financial institutions. It ensures that adequate credit facilities are available to support the companies’ ongoing operations and growth plans, while also protecting the interests of the lenders involved.

The Suffolk New York 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 serves as a crucial financial arrangement governing the terms of credit and loans for the parties involved. As a significant document, this credit agreement outlines the terms and conditions under which SBA Communications and SBA Telecommunications can access credit facilities from the participating banks and financial institutions. It details the specific terms, interest rates, repayment schedules, and any collateral or guarantees required for the credit extended. The agreement ensures that both SBA Communications and SBA Telecommunications have access to the required financing to support their operations, growth, and investment plans. By partnering with various reputable banks and financial institutions, the companies gain access to substantial credit facilities that can be utilized for purposes such as network expansion, infrastructure development, or debt refinancing. It is worth noting that different types of Suffolk New York Second Amended and Restated Credit Agreements may exist based on the specific nature of the credit facility being extended. Some possible classifications could include: 1. Revolving Credit Facility Agreement: This type of agreement would allow SBA Communications and SBA Telecommunications to access a revolving line of credit, enabling them to borrow funds up to a specified limit and repay the debt multiple times as needed. The amount borrowed and repaid can fluctuate within the pre-approved limit, providing the companies with financial flexibility. 2. Term Loan Facility Agreement: This agreement would outline the terms and conditions for a specific amount of funds provided to SBA Communications and SBA Telecommunications for a fixed term. The repayment schedule, interest rates, and any additional provisions would be clearly defined in this agreement. 3. Syndicated Loan Agreement: In scenarios where the credit facility is jointly provided by multiple banks and financial institutions, a syndicated loan agreement may be established. This agreement would outline the contribution and responsibilities of each participating lender, as well as the terms and conditions governing the loan. The Suffolk New York Second Amended and Restated Credit Agreement is a significant legal document that governs the financial relationships between SBA Communications, SBA Telecommunications, and various banks and financial institutions. It ensures that adequate credit facilities are available to support the companies’ ongoing operations and growth plans, while also protecting the interests of the lenders involved.