Oklahoma Credit Agreement is a legally binding contract between Unilab Corp, various lending institutions, Bankers Trust Co, and Merrill Lynch Capital Corp. This agreement outlines the terms and conditions under which Unilab Corp can access credit facilities provided by the aforementioned parties. In this credit agreement, Unilab Corp acts as the borrower, while the lending institutions, Bankers Trust Co, and Merrill Lynch Capital Corp act as the lenders. The lenders extend credit to Unilab Corp, allowing the company to fund its operations, expansion, or any other financial requirements. The Oklahoma Credit Agreement establishes the maximum credit limit that Unilab Corp can avail from the lending institutions. It also specifies the interest rate at which the borrowed funds will be subject, the repayment schedule, and any additional fees or charges associated with the credit facility. Furthermore, this credit agreement may consist of different types, such as: 1. Revolving Credit Facility: This type of credit agreement allows Unilab Corp to borrow and repay funds multiple times during a specified period. The credit limit replenishes as the borrower repays the borrowed amounts, providing a flexible source of financing for the company's ongoing needs. 2. Term Loan Facility: In this type of credit agreement, Unilab Corp receives a lump sum amount from the lending institutions. The company then repays this loan over a predetermined period, typically through monthly installments. This is suitable for financing long-term investments or capital expenditures. 3. Syndicated Credit Facility: A syndicated credit facility involves multiple lending institutions collaborating to provide a larger credit line to Unilab Corp. This arrangement allows for the sharing of risk among different lenders while providing the borrower with access to a substantial pool of funds. These types of Oklahoma Credit Agreements are tailored to meet the specific financial requirements and objectives of Unilab Corp. They help the company secure necessary capital to fund its operations, invest in growth opportunities, or manage cash flow fluctuations. Keywords: Oklahoma Credit Agreement, Unilab Corp, lending institutions, Bankers Trust Co, Merrill Lynch Capital Corp, credit facilities, borrowing, interest rate, repayment schedule, fees, charges, revolving credit facility, term loan facility, syndicated credit facility.