West Virginia Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is a legally binding agreement that outlines the terms and conditions for credit extended to Unilab Corp by these entities. This credit agreement is specific to activities and operations in the state of West Virginia. The agreement covers various aspects, including the amount of credit extended, interest rates, repayment terms, collateral requirements, and the rights and obligations of each party involved. Types of West Virginia Credit Agreements between these parties may include: 1. Revolving Credit Agreement: This type of agreement allows Unilab Corp to borrow funds up to a pre-determined credit limit, repay the borrowed amount, and then borrow again within the limit during the specified timeframe. It provides flexibility in managing cash flow and meeting short-term financing needs. 2. Term Loan Agreement: A term loan agreement sets out the terms and conditions for a specific amount of credit extended to Unilab Corp for a fixed period. Repayment is typically made in installments, which may include both principal and interest. 3. Equipment Financing Agreement: In this type of credit agreement, Unilab Corp may enter into specific agreements with lending institutions, Bankers Trust Co, and Merrill Lynch Capital Corp to finance the purchase or lease of equipment required for their operations in West Virginia. The terms would include repayment schedules, interest rates, and any applicable terms and conditions. 4. Real Estate Mortgage Agreement: Unilab Corp may enter into a credit agreement involving real estate mortgage to secure credit extended for the acquisition, construction, or improvement of properties in West Virginia. This agreement establishes the rights of the involved parties and the terms for repayment. 5. Line of Credit Agreement: This agreement allows Unilab Corp to have access to a specified credit limit, which can be utilized for various purposes such as funding working capital requirements or addressing unforeseen expenses. Interest is only charged on the amount actually used by Unilab Corp. The West Virginia Credit Agreement between Unilab Corp, Various Lending Institutions, Bankers Trust Co, and Merrill Lynch Capital Corp is crucial in facilitating the financial operations of Unilab Corp in the state, ensuring access to necessary funds, and establishing clear guidelines for repayment, thereby promoting a stable and mutually beneficial relationship between the parties involved.