Idaho Security Agreement between PCSupport.com, Inc. and ICE Holdings North America

• Category: Corporations - Public - Services
• State: Multi-State
• Control #: US-EG-9423
• Format: Word; Rich Text

Description

Services Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC dated January, 2000. 29 pages. The Idaho Security Agreement between PCSupport.com, Inc. and ICE Holdings North America is a legally binding document that outlines the terms and conditions relating to the security interests of PCSupport.com, Inc. in the collateral provided by ICE Holdings North America. This agreement serves to protect the rights and interests of PCSupport.com, Inc. in the event of default or non-payment by ICE Holdings North America. Under this agreement, PCSupport.com, Inc. provides a loan or extends credit to ICE Holdings North America, and in return, ICE Holdings North America grants PCSupport.com, Inc. a security interest over certain collateral specified in the agreement. The collateral may include, but is not limited to, tangible assets such as equipment, inventory, accounts receivable, or intangible assets such as patents, trademarks, or copyrights. The Idaho Security Agreement ensures that PCSupport.com, Inc. has a priority claim on the specified collateral in case ICE Holdings North America defaults on its payment obligations. It serves as a legal mechanism to secure the rights and interests of PCSupport.com, Inc. by providing them with a means to recover their investment in case of default. It is worth noting that there may be different types of Idaho Security Agreements between PCSupport.com, Inc. and ICE Holdings North America, depending on the specific transaction or financial arrangement between the parties. Some possible variations of Idaho Security Agreements between the two entities may include: 1. General Security Agreement: This is the most common type of security agreement where PCSupport.com, Inc. may secure its interests in all current and future assets of ICE Holdings North America. 2. Specific Collateral Security Agreement: In this type of agreement, PCSupport.com, Inc. may restrict its security interest to specific collateral specified in the agreement, such as a particular piece of equipment or a specific trademark. 3. Floating Lien Security Agreement: This type of agreement allows PCSupport.com, Inc. to secure its interest in a class of assets that may change over time. For example, it may cover all equipment or inventory owned by ICE Holdings North America, regardless of its exact nature or quantity. 4. Purchase Money Security Agreement: In certain cases, PCSupport.com, Inc. may provide financing to ICE Holdings North America specifically for the purchase of certain collateral. This agreement would grant PCSupport.com, Inc. a security interest in that specific collateral until the loan is fully repaid. Overall, the Idaho Security Agreement between PCSupport.com, Inc. and ICE Holdings North America is a crucial legal document that establishes the terms of the security interest, ensuring the protection of PCSupport.com, Inc.'s investment and providing a framework for potential remedies in the event of default or non-payment by ICE Holdings North America.

The Idaho Security Agreement between PCSupport.com, Inc. and ICE Holdings North America is a legally binding document that outlines the terms and conditions relating to the security interests of PCSupport.com, Inc. in the collateral provided by ICE Holdings North America. This agreement serves to protect the rights and interests of PCSupport.com, Inc. in the event of default or non-payment by ICE Holdings North America. Under this agreement, PCSupport.com, Inc. provides a loan or extends credit to ICE Holdings North America, and in return, ICE Holdings North America grants PCSupport.com, Inc. a security interest over certain collateral specified in the agreement. The collateral may include, but is not limited to, tangible assets such as equipment, inventory, accounts receivable, or intangible assets such as patents, trademarks, or copyrights. The Idaho Security Agreement ensures that PCSupport.com, Inc. has a priority claim on the specified collateral in case ICE Holdings North America defaults on its payment obligations. It serves as a legal mechanism to secure the rights and interests of PCSupport.com, Inc. by providing them with a means to recover their investment in case of default. It is worth noting that there may be different types of Idaho Security Agreements between PCSupport.com, Inc. and ICE Holdings North America, depending on the specific transaction or financial arrangement between the parties. Some possible variations of Idaho Security Agreements between the two entities may include: 1. General Security Agreement: This is the most common type of security agreement where PCSupport.com, Inc. may secure its interests in all current and future assets of ICE Holdings North America. 2. Specific Collateral Security Agreement: In this type of agreement, PCSupport.com, Inc. may restrict its security interest to specific collateral specified in the agreement, such as a particular piece of equipment or a specific trademark. 3. Floating Lien Security Agreement: This type of agreement allows PCSupport.com, Inc. to secure its interest in a class of assets that may change over time. For example, it may cover all equipment or inventory owned by ICE Holdings North America, regardless of its exact nature or quantity. 4. Purchase Money Security Agreement: In certain cases, PCSupport.com, Inc. may provide financing to ICE Holdings North America specifically for the purchase of certain collateral. This agreement would grant PCSupport.com, Inc. a security interest in that specific collateral until the loan is fully repaid. Overall, the Idaho Security Agreement between PCSupport.com, Inc. and ICE Holdings North America is a crucial legal document that establishes the terms of the security interest, ensuring the protection of PCSupport.com, Inc.'s investment and providing a framework for potential remedies in the event of default or non-payment by ICE Holdings North America.