Allegheny Pennsylvania Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Allegheny
• Control #: US-EG-9422
• Format: Word; Rich Text

Description

Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC dated January 11, 2000. 70 pages. Allegheny Pennsylvania's revolving credit agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a detailed contractual arrangement that allows PCSupport.com, Inc. to access a revolving line of credit provided by ICE Holdings North America, LLC. This agreement outlines the terms and conditions for utilizing this credit facility, enabling PCSupport.com, Inc. to meet its working capital requirements, manage cash flow, and pursue its strategic objectives effectively. The Allegheny Pennsylvania Revolving Credit Agreement serves as a flexible financial tool, allowing PCSupport.com, Inc. to borrow funds up to a predetermined maximum limit at its discretion. This revolving nature enables the company to repay and reborrow funds as needed, providing ongoing access to capital without the need for repeated renegotiation or reapplication. Key provisions within this agreement include the interest rate and repayment terms, which are generally based on prevailing market rates or mutually agreed upon terms between both parties. The agreement also establishes the conditions under which the line of credit may be drawn upon and any associated fees or charges. Different types of Allegheny Pennsylvania Revolving Credit Agreements between PCSupport.com, Inc. and ICE Holdings North America, LLC may include variations in the credit facility's maximum limit, repayment period, interest rate structure, and collateral requirements. For example, one variation could be a secured revolving credit agreement where PCSupport.com, Inc. provides collateral to secure the line of credit. This credit agreement also typically includes provisions related to financial covenants, such as minimum financial ratios or performance indicators, that PCSupport.com, Inc. must maintain to continue accessing funds. It may outline specific events of default and remedies available to ICE Holdings North America, LLC in case PCSupport.com, Inc. fails to meet its obligations. Confidentiality and non-disclosure clauses are common in these agreements to protect the sensitive financial information shared between the parties. Additionally, there may be provisions regarding the amendment and termination of the agreement, dispute resolution mechanisms, and governing law. In summary, the Allegheny Pennsylvania Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a crucial financial instrument that provides PCSupport.com, Inc. with the flexibility to manage its financial needs effectively. Different types of credit agreements may exist, tailored to specific terms and requirements relevant to the specific business relationship between the two parties.

Allegheny Pennsylvania's revolving credit agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a detailed contractual arrangement that allows PCSupport.com, Inc. to access a revolving line of credit provided by ICE Holdings North America, LLC. This agreement outlines the terms and conditions for utilizing this credit facility, enabling PCSupport.com, Inc. to meet its working capital requirements, manage cash flow, and pursue its strategic objectives effectively. The Allegheny Pennsylvania Revolving Credit Agreement serves as a flexible financial tool, allowing PCSupport.com, Inc. to borrow funds up to a predetermined maximum limit at its discretion. This revolving nature enables the company to repay and reborrow funds as needed, providing ongoing access to capital without the need for repeated renegotiation or reapplication. Key provisions within this agreement include the interest rate and repayment terms, which are generally based on prevailing market rates or mutually agreed upon terms between both parties. The agreement also establishes the conditions under which the line of credit may be drawn upon and any associated fees or charges. Different types of Allegheny Pennsylvania Revolving Credit Agreements between PCSupport.com, Inc. and ICE Holdings North America, LLC may include variations in the credit facility's maximum limit, repayment period, interest rate structure, and collateral requirements. For example, one variation could be a secured revolving credit agreement where PCSupport.com, Inc. provides collateral to secure the line of credit. This credit agreement also typically includes provisions related to financial covenants, such as minimum financial ratios or performance indicators, that PCSupport.com, Inc. must maintain to continue accessing funds. It may outline specific events of default and remedies available to ICE Holdings North America, LLC in case PCSupport.com, Inc. fails to meet its obligations. Confidentiality and non-disclosure clauses are common in these agreements to protect the sensitive financial information shared between the parties. Additionally, there may be provisions regarding the amendment and termination of the agreement, dispute resolution mechanisms, and governing law. In summary, the Allegheny Pennsylvania Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a crucial financial instrument that provides PCSupport.com, Inc. with the flexibility to manage its financial needs effectively. Different types of credit agreements may exist, tailored to specific terms and requirements relevant to the specific business relationship between the two parties.