Contra Costa California Revolving Credit Loan and Security Agreement between Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc.

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Contra Costa
• Control #: US-EG-9009
• Format: Word; Rich Text

Description

3rd Mod. of Am./Rest. Revolving Credit Loan & Sec. Agr., Am. to Loan Docs./ Assign. btwn Dixon Ticonderga Co. & Dixon Ticonderga, Inc. dated Sep. 30, 1999. 17 pages The Contra Costa California Revolving Credit Loan and Security Agreement between Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. is a legal document that outlines the terms and conditions of a revolving credit loan facility provided to Dixon Ticonderoga, Inc. by Dixon Ticonderoga Co. in Contra Costa County, California. This agreement enables Dixon Ticonderoga, Inc. to access funding on a revolving basis, allowing them to borrow, repay, and borrow again up to a pre-determined credit limit. The main purpose of this agreement is to provide Dixon Ticonderoga, Inc. with the necessary financial flexibility to manage its working capital needs, fund expansion plans, and meet other financial obligations. By having access to a revolving credit facility, the company can have ready access to capital whenever needed, ensuring smooth operations and ongoing growth. The Contra Costa California Revolving Credit Loan and Security Agreement also includes provisions to safeguard the interests of Dixon Ticonderoga Co., the lender. One such provision is the inclusion of a security agreement, which allows the lender to hold certain assets of Dixon Ticonderoga, Inc. as collateral for the loan. In case of default, the lender can exercise its rights to seize and sell the pledged assets to recover the outstanding debt. While the provided information does not specify different types of Contra Costa California Revolving Credit Loan and Security Agreement, it is worth mentioning that variations in the loan facility terms or security arrangements can exist based on the specific needs of the parties involved. These variations can include different interest rates, repayment terms, security assets, or credit limits established within the agreement. In summary, the Contra Costa California Revolving Credit Loan and Security Agreement enable Dixon Ticonderoga, Inc. to access flexible funding provided by Dixon Ticonderoga Co. on a revolving basis. This agreement ensures that the borrower has continuous access to capital while taking measures to mitigate risks and protect the lender's interests.

The Contra Costa California Revolving Credit Loan and Security Agreement between Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. is a legal document that outlines the terms and conditions of a revolving credit loan facility provided to Dixon Ticonderoga, Inc. by Dixon Ticonderoga Co. in Contra Costa County, California. This agreement enables Dixon Ticonderoga, Inc. to access funding on a revolving basis, allowing them to borrow, repay, and borrow again up to a pre-determined credit limit. The main purpose of this agreement is to provide Dixon Ticonderoga, Inc. with the necessary financial flexibility to manage its working capital needs, fund expansion plans, and meet other financial obligations. By having access to a revolving credit facility, the company can have ready access to capital whenever needed, ensuring smooth operations and ongoing growth. The Contra Costa California Revolving Credit Loan and Security Agreement also includes provisions to safeguard the interests of Dixon Ticonderoga Co., the lender. One such provision is the inclusion of a security agreement, which allows the lender to hold certain assets of Dixon Ticonderoga, Inc. as collateral for the loan. In case of default, the lender can exercise its rights to seize and sell the pledged assets to recover the outstanding debt. While the provided information does not specify different types of Contra Costa California Revolving Credit Loan and Security Agreement, it is worth mentioning that variations in the loan facility terms or security arrangements can exist based on the specific needs of the parties involved. These variations can include different interest rates, repayment terms, security assets, or credit limits established within the agreement. In summary, the Contra Costa California Revolving Credit Loan and Security Agreement enable Dixon Ticonderoga, Inc. to access flexible funding provided by Dixon Ticonderoga Co. on a revolving basis. This agreement ensures that the borrower has continuous access to capital while taking measures to mitigate risks and protect the lender's interests.