This contract is a Revolving Credit Agreement between Hillsborough County Aviation Authority, Truist Bank, and STI Institutional & Government, Inc. The agreement provides for a revolving credit facility to finance certain expansions and improvements to the Tampa International Airport. The contract has a term of 5 years and provides for an available commitment amount of up to the Maximum Commitment Amount. The agreement includes various covenants, representations, and warranties, as well as events of default and remedies. Some key aspects of the contract include:
* The Issuer is authorized to issue subordinated indebtedness to pay the cost of certain expansions and improvements to its airport system.
* The Lender has agreed to advance funds under the terms of the agreement to provide funds to the Issuer from time to time.
* The agreement includes a revolving credit facility with a maximum commitment amount.
* The contract has a term of 5 years and provides for an available commitment amount of up to the Maximum Commitment Amount.
* The agreement includes various covenants, representations, and warranties, as well as events of default and remedies.
The key points of this contract are:
• The contract is a Revolving Credit Agreement for a term of 5 years.
• The agreement provides for a revolving credit facility to finance certain expansions and improvements to the Tampa International Airport.
• The contract includes various covenants, representations, and warranties, as well as events of default and remedies.
• The Issuer is authorized to issue subordinated indebtedness to pay the cost of certain expansions and improvements to its airport system.
• The Lender has agreed to advance funds under the terms of the agreement to provide funds to the Issuer from time to time.