New York Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC

State:
Multi-State
Control #:
US-EG-9422
Format:
Word; 
Rich Text
Instant download

Description

Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC dated January 11, 2000. 70 pages. The New York Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a legally binding document that outlines the terms and conditions for a revolving credit facility. This agreement allows PCSupport.com, Inc. to borrow funds from ICE Holdings North America, LLC up to a predetermined credit limit. Keywords: New York Revolving Credit Agreement, PCSupport.com, Inc., ICE Holdings North America, LLC, terms and conditions, revolving credit facility, borrow funds, credit limit. There are two types of New York Revolving Credit Agreements that can be established between PCSupport.com, Inc. and ICE Holdings North America, LLC: secured and unsecured. 1. Secured New York Revolving Credit Agreement: In a secured agreement, PCSupport.com, Inc. provides collateral for the funds borrowed from ICE Holdings North America, LLC. This collateral could be in the form of assets, such as real estate, inventory, or accounts receivable. By offering collateral, PCSupport.com, Inc. provides assurance to ICE Holdings North America, LLC that they have a means to repay the borrowed funds even in the event of default. Keywords: secured agreement, collateral, assets, real estate, inventory, accounts receivable, repayment. 2. Unsecured New York Revolving Credit Agreement: An unsecured agreement does not require PCSupport.com, Inc. to provide collateral. In this case, PCSupport.com, Inc. is not obligated to offer any specific assets to secure the debt. However, the terms and conditions of the agreement may differ compared to a secured agreement to compensate for the increased risk taken by ICE Holdings North America, LLC. Keywords: unsecured agreement, terms and conditions, increased risk, debt. Both types of agreements include provisions such as interest rates, repayment terms, fees, and conditions for borrowing and repaying funds. The New York Revolving Credit Agreement is typically drafted by legal professionals and serves as a legally binding contract between the two parties. In conclusion, the New York Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a crucial financial document that governs the borrowing, repayment, and terms of the revolving credit facility. The agreement can be either secured or unsecured, depending on the presence or absence of collateral provided by PCSupport.com, Inc.

The New York Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a legally binding document that outlines the terms and conditions for a revolving credit facility. This agreement allows PCSupport.com, Inc. to borrow funds from ICE Holdings North America, LLC up to a predetermined credit limit. Keywords: New York Revolving Credit Agreement, PCSupport.com, Inc., ICE Holdings North America, LLC, terms and conditions, revolving credit facility, borrow funds, credit limit. There are two types of New York Revolving Credit Agreements that can be established between PCSupport.com, Inc. and ICE Holdings North America, LLC: secured and unsecured. 1. Secured New York Revolving Credit Agreement: In a secured agreement, PCSupport.com, Inc. provides collateral for the funds borrowed from ICE Holdings North America, LLC. This collateral could be in the form of assets, such as real estate, inventory, or accounts receivable. By offering collateral, PCSupport.com, Inc. provides assurance to ICE Holdings North America, LLC that they have a means to repay the borrowed funds even in the event of default. Keywords: secured agreement, collateral, assets, real estate, inventory, accounts receivable, repayment. 2. Unsecured New York Revolving Credit Agreement: An unsecured agreement does not require PCSupport.com, Inc. to provide collateral. In this case, PCSupport.com, Inc. is not obligated to offer any specific assets to secure the debt. However, the terms and conditions of the agreement may differ compared to a secured agreement to compensate for the increased risk taken by ICE Holdings North America, LLC. Keywords: unsecured agreement, terms and conditions, increased risk, debt. Both types of agreements include provisions such as interest rates, repayment terms, fees, and conditions for borrowing and repaying funds. The New York Revolving Credit Agreement is typically drafted by legal professionals and serves as a legally binding contract between the two parties. In conclusion, the New York Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a crucial financial document that governs the borrowing, repayment, and terms of the revolving credit facility. The agreement can be either secured or unsecured, depending on the presence or absence of collateral provided by PCSupport.com, Inc.

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New York Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC