Revolving Credit Agreements

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Collin
• 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. Collin Texas Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC: The Collin Texas Revolving Credit Agreement is a legally binding document that outlines the terms and conditions of the credit facility between PCSupport.com, Inc. and ICE Holdings North America, LLC, both located in Collin County, Texas. This agreement allows PCSupport.com, Inc. to access a revolving line of credit provided by ICE Holdings North America, LLC. Under this agreement, PCSupport.com, Inc. can borrow up to a specified credit limit, and the funds can be utilized for various business operations. The agreement also specifies the interest rate, repayment terms, and any additional fees or charges applicable to the credit facility. There are different types of Collin Texas Revolving Credit Agreements between PCSupport.com, Inc. and ICE Holdings North America, LLC, each tailored to meet specific financial needs. Some of these types may include: 1. Short-Term Revolving Credit Agreement: This type of agreement provides PCSupport.com, Inc. with access to a revolving line of credit for a short duration, usually up to one year. It is suitable for managing working capital needs, inventory financing, or covering temporary cash flow gaps. 2. Long-Term Revolving Credit Agreement: This agreement extends the credit facility to PCSupport.com, Inc. for an extended period, typically spanning several years. It is useful for funding long-term investments, equipment purchases, or expansion initiatives. 3. Secured Revolving Credit Agreement: In this type of agreement, PCSupport.com, Inc. pledges certain assets, such as equipment, inventory, or accounts receivable, as collateral against the line of credit. This provides added security to ICE Holdings North America, LLC, reducing the risk associated with the credit facility. 4. Unsecured Revolving Credit Agreement: Contrary to the secured agreement, this type does not require PCSupport.com, Inc. to provide collateral for accessing the revolving line of credit. It is usually reserved for companies with strong financial standing or established relationships with the lender. The Collin Texas Revolving Credit Agreement serves as a crucial financial tool for PCSupport.com, Inc., enabling the company to effectively manage its cash flow, seize growth opportunities, and meet its short-term or long-term financial obligations. It provides flexibility, convenience, and financial stability to support the ongoing business operations of PCSupport.com, Inc. and fosters a mutually beneficial partnership between the company and ICE Holdings North America, LLC.

Collin Texas Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC: The Collin Texas Revolving Credit Agreement is a legally binding document that outlines the terms and conditions of the credit facility between PCSupport.com, Inc. and ICE Holdings North America, LLC, both located in Collin County, Texas. This agreement allows PCSupport.com, Inc. to access a revolving line of credit provided by ICE Holdings North America, LLC. Under this agreement, PCSupport.com, Inc. can borrow up to a specified credit limit, and the funds can be utilized for various business operations. The agreement also specifies the interest rate, repayment terms, and any additional fees or charges applicable to the credit facility. There are different types of Collin Texas Revolving Credit Agreements between PCSupport.com, Inc. and ICE Holdings North America, LLC, each tailored to meet specific financial needs. Some of these types may include: 1. Short-Term Revolving Credit Agreement: This type of agreement provides PCSupport.com, Inc. with access to a revolving line of credit for a short duration, usually up to one year. It is suitable for managing working capital needs, inventory financing, or covering temporary cash flow gaps. 2. Long-Term Revolving Credit Agreement: This agreement extends the credit facility to PCSupport.com, Inc. for an extended period, typically spanning several years. It is useful for funding long-term investments, equipment purchases, or expansion initiatives. 3. Secured Revolving Credit Agreement: In this type of agreement, PCSupport.com, Inc. pledges certain assets, such as equipment, inventory, or accounts receivable, as collateral against the line of credit. This provides added security to ICE Holdings North America, LLC, reducing the risk associated with the credit facility. 4. Unsecured Revolving Credit Agreement: Contrary to the secured agreement, this type does not require PCSupport.com, Inc. to provide collateral for accessing the revolving line of credit. It is usually reserved for companies with strong financial standing or established relationships with the lender. The Collin Texas Revolving Credit Agreement serves as a crucial financial tool for PCSupport.com, Inc., enabling the company to effectively manage its cash flow, seize growth opportunities, and meet its short-term or long-term financial obligations. It provides flexibility, convenience, and financial stability to support the ongoing business operations of PCSupport.com, Inc. and fosters a mutually beneficial partnership between the company and ICE Holdings North America, LLC.