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

State:
Multi-State
Control #:
US-EG-9423
Format:
Word; 
Rich Text
Instant download

Description Between Inc America

Services Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC dated January, 2000. 29 pages.
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FAQ

Security agreements and financing statements are often confused with one another. The primary difference is that the financing statement largely serves as notice that a creditor possesses security interest in the debtor's assets or property. The financing statement is not a contract.

Debtor's rights in collateral. In such cases, the business will sign a conditional sales contract, which is also considered a security agreement, and which, under UCC sales rules, will give the business the necessary rights in the purchased items to use them as collateral.

A general security agreement (GSA) is the most common form of personal property security used in the Atlantic Provinces to secure commercial loans and other business obligations owed to a financial institution or other creditor (Secured Party).

Under the UCC, a pledge agreement is a security agreement. The nature of the pledged assets means that a pledge agreement may contain different representations and warranties and covenants than a security agreement over business assets (for example, voting rights).

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