Tennessee 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. A Tennessee Security Agreement is a legally binding document that outlines the terms and conditions of a secured transaction between PCSupport.com, Inc. and ICE Holdings North America. This agreement serves as protection for ICE Holdings North America by granting them a security interest in certain assets owned by PCSupport.com, Inc. The agreement is crucial in establishing the rights and priorities of ICE Holdings North America as a secured party. It ensures that in the event of default or non-payment by PCSupport.com, Inc., ICE Holdings North America has recourse to the specified collateral to recover the outstanding amount owed to them. The collateral involved in this particular agreement may vary depending on the specific circumstances and negotiations between the parties. However, common types of collateral that may be included in a Tennessee Security Agreement between PCSupport.com, Inc. and ICE Holdings North America can include: 1. Accounts Receivable: This refers to the money owed to PCSupport.com, Inc. by its customers or clients. With this agreement, ICE Holdings North America may have the right to collect these outstanding receivables directly to satisfy any debt owed to them. 2. Inventory: This encompasses PCSupport.com, Inc.'s stock of goods or products held for sale. ICE Holdings North America, as a secured party, may have the right to seize and sell this inventory to recoup their losses in case of default by PCSupport.com, Inc. 3. Equipment: Any machinery, tools, or other tangible assets used by PCSupport.com, Inc. in their business operations may be included as collateral. If PCSupport.com, Inc. defaults on their obligations, ICE Holdings North America may have the right to take possession and sell the equipment to recover their debt. 4. Intellectual Property: In certain cases, intellectual property rights like patents, trademarks, or copyrights may be included as collateral. This ensures that ICE Holdings North America has rights to the income derived from these assets in the event of default. It is important to note that the specific terms and conditions of the Tennessee Security Agreement between PCSupport.com, Inc. and ICE Holdings North America may vary depending on the negotiations and requirements of both parties. Additionally, there may be different types of security agreements with varying levels of protection and collateral depending on the specific needs and arrangements of the parties involved.

A Tennessee Security Agreement is a legally binding document that outlines the terms and conditions of a secured transaction between PCSupport.com, Inc. and ICE Holdings North America. This agreement serves as protection for ICE Holdings North America by granting them a security interest in certain assets owned by PCSupport.com, Inc. The agreement is crucial in establishing the rights and priorities of ICE Holdings North America as a secured party. It ensures that in the event of default or non-payment by PCSupport.com, Inc., ICE Holdings North America has recourse to the specified collateral to recover the outstanding amount owed to them. The collateral involved in this particular agreement may vary depending on the specific circumstances and negotiations between the parties. However, common types of collateral that may be included in a Tennessee Security Agreement between PCSupport.com, Inc. and ICE Holdings North America can include: 1. Accounts Receivable: This refers to the money owed to PCSupport.com, Inc. by its customers or clients. With this agreement, ICE Holdings North America may have the right to collect these outstanding receivables directly to satisfy any debt owed to them. 2. Inventory: This encompasses PCSupport.com, Inc.'s stock of goods or products held for sale. ICE Holdings North America, as a secured party, may have the right to seize and sell this inventory to recoup their losses in case of default by PCSupport.com, Inc. 3. Equipment: Any machinery, tools, or other tangible assets used by PCSupport.com, Inc. in their business operations may be included as collateral. If PCSupport.com, Inc. defaults on their obligations, ICE Holdings North America may have the right to take possession and sell the equipment to recover their debt. 4. Intellectual Property: In certain cases, intellectual property rights like patents, trademarks, or copyrights may be included as collateral. This ensures that ICE Holdings North America has rights to the income derived from these assets in the event of default. It is important to note that the specific terms and conditions of the Tennessee Security Agreement between PCSupport.com, Inc. and ICE Holdings North America may vary depending on the negotiations and requirements of both parties. Additionally, there may be different types of security agreements with varying levels of protection and collateral depending on the specific needs and arrangements of the parties involved.