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
Orange California Revolving Credit Loan and Security Agreement between Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. is a financial arrangement designed to provide flexible access to revolving credit for Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc., two entities engaged in business operations in Orange, California. This agreement serves as a legal contract outlining the terms and conditions of the credit facility and the security measures in place to protect the interests of both parties involved. The Orange California Revolving Credit Loan and Security Agreement grants Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. the ability to borrow funds on an as-needed basis, up to a predetermined credit limit or revolving credit line. This type of loan agreement allows them to borrow, repay, and borrow again without the need for frequent renegotiation or submitting new loan applications, providing them with greater financial flexibility. Under this agreement, Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. agree to provide certain collateral or security interests to ensure repayment of the borrowed funds. The specific assets offered as security may vary depending on the terms negotiated by the parties involved. Some commonly used collateral includes accounts receivable, inventory, equipment, real estate, or any other valuable assets owned by Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. In addition to outlining the credit terms and security provisions, this agreement also covers other essential aspects such as interest rates, repayment schedules, financial covenants, default provisions, and dispute resolution mechanisms. These details are crucial for ensuring transparency, accountability, and legal compliance throughout the duration of the revolving credit loan. Different types of Orange California Revolving Credit Loan and Security Agreement between Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. may exist depending on specific variations in the terms and conditions negotiated by the parties. Some possible variations include different credit limits, varying interest rates, modified security interests, additional financial covenants, or unique repayment schedules tailored to the unique needs of Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. Overall, the Orange California Revolving Credit Loan and Security Agreement between Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. serves as a crucial financial tool to support their business operations and provide them with the necessary liquidity to thrive in their industry.
Orange California Revolving Credit Loan and Security Agreement between Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. is a financial arrangement designed to provide flexible access to revolving credit for Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc., two entities engaged in business operations in Orange, California. This agreement serves as a legal contract outlining the terms and conditions of the credit facility and the security measures in place to protect the interests of both parties involved. The Orange California Revolving Credit Loan and Security Agreement grants Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. the ability to borrow funds on an as-needed basis, up to a predetermined credit limit or revolving credit line. This type of loan agreement allows them to borrow, repay, and borrow again without the need for frequent renegotiation or submitting new loan applications, providing them with greater financial flexibility. Under this agreement, Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. agree to provide certain collateral or security interests to ensure repayment of the borrowed funds. The specific assets offered as security may vary depending on the terms negotiated by the parties involved. Some commonly used collateral includes accounts receivable, inventory, equipment, real estate, or any other valuable assets owned by Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. In addition to outlining the credit terms and security provisions, this agreement also covers other essential aspects such as interest rates, repayment schedules, financial covenants, default provisions, and dispute resolution mechanisms. These details are crucial for ensuring transparency, accountability, and legal compliance throughout the duration of the revolving credit loan. Different types of Orange California Revolving Credit Loan and Security Agreement between Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. may exist depending on specific variations in the terms and conditions negotiated by the parties. Some possible variations include different credit limits, varying interest rates, modified security interests, additional financial covenants, or unique repayment schedules tailored to the unique needs of Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. Overall, the Orange California Revolving Credit Loan and Security Agreement between Dixon Ticonderoga Co. and Dixon Ticonderoga, Inc. serves as a crucial financial tool to support their business operations and provide them with the necessary liquidity to thrive in their industry.