Chicago Illinois Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC

• Category: Corporations - Public - Credit
• State: Multi-State
• City: Chicago
• 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. Chicago Illinois Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a financial agreement that outlines the terms and conditions of a revolving credit facility between the two parties. This agreement enables PCSupport.com, Inc. to borrow funds from ICE Holdings North America, LLC, up to an agreed-upon limit, to meet its working capital needs and other financial requirements. Keywords: Chicago Illinois, revolving credit agreement, PCSupport.com, Inc., ICE Holdings North America, LLC, financial agreement, terms and conditions, revolving credit facility, borrow funds, working capital needs, financial requirements. There can be different types of Chicago Illinois Revolving Credit Agreements between PCSupport.com, Inc. and ICE Holdings North America, LLC, such as: 1. Fixed Limit Revolving Credit Agreement: This agreement specifies a predetermined credit limit that PCSupport.com, Inc. can borrow from ICE Holdings North America, LLC. The credit limit remains consistent throughout the term of the agreement. 2. Variable Limit Revolving Credit Agreement: In this type of agreement, the credit limit may fluctuate based on certain factors, such as the financial performance of PCSupport.com, Inc. or changes in market conditions. The credit limit can be adjusted periodically to accommodate changing needs. 3. Secured Revolving Credit Agreement: This agreement may require PCSupport.com, Inc. to provide collateral, such as assets or property, to secure the borrowed funds. In case of default, ICE Holdings North America, LLC has the right to claim the collateral to recover the outstanding debt. 4. Unsecured Revolving Credit Agreement: This type of agreement does not require any collateral from PCSupport.com, Inc. The company can borrow funds without providing security, but the interest rates or other terms may be adjusted to compensate for the higher risk. 5. Short-Term Revolving Credit Agreement: This agreement sets a relatively shorter term for borrowing funds, typically within one year. PCSupport.com, Inc. can borrow and repay funds multiple times within the specified period, enabling flexible access to credit when needed. 6. Long-Term Revolving Credit Agreement: This type of agreement extends the borrowing period beyond one year, allowing PCSupport.com, Inc. to access funds over an extended term. The repayment terms and conditions are usually negotiated and agreed upon during the initial agreement. In summary, the Chicago Illinois Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a financial arrangement that enables PCSupport.com, Inc. to borrow funds up to a predetermined limit from ICE Holdings North America, LLC. The specific terms and conditions of the agreement may vary depending on the type of agreement chosen, and factors such as credit limits, collateral requirements, and borrowing periods can differ accordingly.

Chicago Illinois Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a financial agreement that outlines the terms and conditions of a revolving credit facility between the two parties. This agreement enables PCSupport.com, Inc. to borrow funds from ICE Holdings North America, LLC, up to an agreed-upon limit, to meet its working capital needs and other financial requirements. Keywords: Chicago Illinois, revolving credit agreement, PCSupport.com, Inc., ICE Holdings North America, LLC, financial agreement, terms and conditions, revolving credit facility, borrow funds, working capital needs, financial requirements. There can be different types of Chicago Illinois Revolving Credit Agreements between PCSupport.com, Inc. and ICE Holdings North America, LLC, such as: 1. Fixed Limit Revolving Credit Agreement: This agreement specifies a predetermined credit limit that PCSupport.com, Inc. can borrow from ICE Holdings North America, LLC. The credit limit remains consistent throughout the term of the agreement. 2. Variable Limit Revolving Credit Agreement: In this type of agreement, the credit limit may fluctuate based on certain factors, such as the financial performance of PCSupport.com, Inc. or changes in market conditions. The credit limit can be adjusted periodically to accommodate changing needs. 3. Secured Revolving Credit Agreement: This agreement may require PCSupport.com, Inc. to provide collateral, such as assets or property, to secure the borrowed funds. In case of default, ICE Holdings North America, LLC has the right to claim the collateral to recover the outstanding debt. 4. Unsecured Revolving Credit Agreement: This type of agreement does not require any collateral from PCSupport.com, Inc. The company can borrow funds without providing security, but the interest rates or other terms may be adjusted to compensate for the higher risk. 5. Short-Term Revolving Credit Agreement: This agreement sets a relatively shorter term for borrowing funds, typically within one year. PCSupport.com, Inc. can borrow and repay funds multiple times within the specified period, enabling flexible access to credit when needed. 6. Long-Term Revolving Credit Agreement: This type of agreement extends the borrowing period beyond one year, allowing PCSupport.com, Inc. to access funds over an extended term. The repayment terms and conditions are usually negotiated and agreed upon during the initial agreement. In summary, the Chicago Illinois Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a financial arrangement that enables PCSupport.com, Inc. to borrow funds up to a predetermined limit from ICE Holdings North America, LLC. The specific terms and conditions of the agreement may vary depending on the type of agreement chosen, and factors such as credit limits, collateral requirements, and borrowing periods can differ accordingly.