Puerto Rico Second Amended and Restated Credit Agreement among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks and Financial Institutions
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How to fill out Second Amended And Restated Credit Agreement Among SBA Communications, Corp., SBA Telecommunications, Inc., Several Banks And Financial Institutions?
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FAQ
Restatement Loan means an Additional Term Loan made under the Commitments issued pursuant to the Restatement Supplement.
An amended and restated credit agreement is a credit agreement where one or many changes have been applied and stated within the document. A credit agreement is a legal document that outlines the terms of a loan agreement and is made between a borrower and a lender.
In short, generally, yes. If you continue to meet the minimum requirements for your current SBA loan, lenders typically should have no problem approving you for another. Your business will need to be profitable with a good credit score.
?Amended? means that the document has ?changed?? that someone has revised the document. ?Restated? means ?presented in its entirety?, ? as a single, complete document. ingly, ?amended and restated? means a complete document into which one or more changes have been incorporated.
Thus, an amended and restated document includes all past amendments executed up to the date of the amended and restated agreement. The purpose of the amended and restated agreement is to simplify reading of the document, as one does not need to read the original document side-by-side with all subsequent amendments.
A credit agreement amendment is a modification or deletion to an existing credit agreement between a borrower and capital provider. Credit agreement amendments are a type of contract amendment that are common in debt capital.