Travis 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
• County: Travis
• 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 Travis Texas 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 of a credit facility provided to SBA Communications and its subsidiary, SBA Telecommunications. Keywords: Travis Texas Second Amended and Restated Credit Agreement, SBA Communications, SBA Telecommunications, banks, financial institutions, credit facility. This credit agreement serves as a comprehensive document that governs the lending relationship between all parties involved. It establishes the terms, conditions, and rights and obligations of each party, ensuring transparency and a clear understanding of the financial arrangement. The agreement contains detailed provisions on various aspects, such as the loan amount, interest rates, repayment terms, collateral requirements, and covenants. These covenants may include financial reporting requirements, compliance with applicable laws and regulations, restrictions on additional debt, and limitations on certain corporate actions or investments. Furthermore, the Travis Texas Second Amended and Restated Credit Agreement outlines the procedures and mechanisms for borrowing, providing a framework for requesting funds, receiving disbursements, and repaying the principal and interest amounts. In addition to the primary agreement, there may be different types or amendments to the Travis Texas Second Amended and Restated Credit Agreement. These can include: 1. First Amendment: An initial amendment made to the original agreement to modify certain terms or accommodate specific requirements of the parties involved. 2. Second Amendment: A subsequent amendment to the agreement that reflects further modifications, adjustments, or updates to terms or conditions. 3. Restated Credit Agreement: A restatement of the original credit agreement, consolidating all amendments and changes. This provides a clean and updated version of the agreement, ensuring clarity and eliminating any confusion caused by multiple amendments. By entering into the Travis Texas Second Amended and Restated Credit Agreement, SBA Communications, SBA Telecommunications, and the participating banks and financial institutions establish a stable and structured financial arrangement that supports SBA's business activities and growth plans. The agreement provides a reliable and flexible credit facility, allowing SBA to fund its operations, capital expenditures, acquisitions, and other expansion initiatives. Overall, the Travis Texas Second Amended and Restated Credit Agreement is a crucial legal instrument that ensures a mutually beneficial financial relationship between SBA Communications, SBA Telecommunications, and their lending partners.

The Travis Texas 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 of a credit facility provided to SBA Communications and its subsidiary, SBA Telecommunications. Keywords: Travis Texas Second Amended and Restated Credit Agreement, SBA Communications, SBA Telecommunications, banks, financial institutions, credit facility. This credit agreement serves as a comprehensive document that governs the lending relationship between all parties involved. It establishes the terms, conditions, and rights and obligations of each party, ensuring transparency and a clear understanding of the financial arrangement. The agreement contains detailed provisions on various aspects, such as the loan amount, interest rates, repayment terms, collateral requirements, and covenants. These covenants may include financial reporting requirements, compliance with applicable laws and regulations, restrictions on additional debt, and limitations on certain corporate actions or investments. Furthermore, the Travis Texas Second Amended and Restated Credit Agreement outlines the procedures and mechanisms for borrowing, providing a framework for requesting funds, receiving disbursements, and repaying the principal and interest amounts. In addition to the primary agreement, there may be different types or amendments to the Travis Texas Second Amended and Restated Credit Agreement. These can include: 1. First Amendment: An initial amendment made to the original agreement to modify certain terms or accommodate specific requirements of the parties involved. 2. Second Amendment: A subsequent amendment to the agreement that reflects further modifications, adjustments, or updates to terms or conditions. 3. Restated Credit Agreement: A restatement of the original credit agreement, consolidating all amendments and changes. This provides a clean and updated version of the agreement, ensuring clarity and eliminating any confusion caused by multiple amendments. By entering into the Travis Texas Second Amended and Restated Credit Agreement, SBA Communications, SBA Telecommunications, and the participating banks and financial institutions establish a stable and structured financial arrangement that supports SBA's business activities and growth plans. The agreement provides a reliable and flexible credit facility, allowing SBA to fund its operations, capital expenditures, acquisitions, and other expansion initiatives. Overall, the Travis Texas Second Amended and Restated Credit Agreement is a crucial legal instrument that ensures a mutually beneficial financial relationship between SBA Communications, SBA Telecommunications, and their lending partners.