Contra Costa California Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Contra Costa
• 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. Contra Costa California Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC: The Contra Costa California Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a legally binding contract that outlines the terms and conditions of a revolving credit facility extended by ICE Holdings North America, LLC to PCSupport.com, Inc. This agreement allows PCSupport.com, Inc. to access funds on an ongoing basis, up to a pre-approved credit limit, in order to meet its working capital requirements, fund expansions, or support other business needs. The agreement includes various key terms and provisions that both parties must adhere to, ensuring transparency and accountability throughout the credit facility. These terms typically encompass the credit limit, interest rates, repayment terms, fees, collateral requirements, termination conditions, and representations and warranties made by both parties. One type of Contra Costa California Revolving Credit Agreement that can exist between PCSupport.com, Inc. and ICE Holdings North America, LLC is the Secured Revolving Credit Agreement. In this type, PCSupport.com, Inc. provides collateral, such as inventory, accounts receivable, or equipment, which serves as security for the revolving credit facility. This collateral offers assurance to ICE Holdings North America, LLC that they can recover their funds in case PCSupport.com, Inc. defaults on its repayment obligations. Another possible type is the Unsecured Revolving Credit Agreement, where PCSupport.com, Inc. does not provide any collateral for the credit facility. As a result, ICE Holdings North America, LLC assumes a higher level of risk by extending credit solely based on the creditworthiness and financial stability of PCSupport.com, Inc. This type of agreement generally entails higher interest rates and stricter terms to mitigate the increased risk. Overall, the Contra Costa California Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC provides a flexible financing solution for PCSupport.com, Inc., allowing them to manage their short-term funding needs efficiently. By leveraging this revolving credit facility, PCSupport.com, Inc. can seize growth opportunities, maintain cash flow stability, and support their ongoing operations in Contra Costa California and beyond.

Contra Costa California Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC: The Contra Costa California Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a legally binding contract that outlines the terms and conditions of a revolving credit facility extended by ICE Holdings North America, LLC to PCSupport.com, Inc. This agreement allows PCSupport.com, Inc. to access funds on an ongoing basis, up to a pre-approved credit limit, in order to meet its working capital requirements, fund expansions, or support other business needs. The agreement includes various key terms and provisions that both parties must adhere to, ensuring transparency and accountability throughout the credit facility. These terms typically encompass the credit limit, interest rates, repayment terms, fees, collateral requirements, termination conditions, and representations and warranties made by both parties. One type of Contra Costa California Revolving Credit Agreement that can exist between PCSupport.com, Inc. and ICE Holdings North America, LLC is the Secured Revolving Credit Agreement. In this type, PCSupport.com, Inc. provides collateral, such as inventory, accounts receivable, or equipment, which serves as security for the revolving credit facility. This collateral offers assurance to ICE Holdings North America, LLC that they can recover their funds in case PCSupport.com, Inc. defaults on its repayment obligations. Another possible type is the Unsecured Revolving Credit Agreement, where PCSupport.com, Inc. does not provide any collateral for the credit facility. As a result, ICE Holdings North America, LLC assumes a higher level of risk by extending credit solely based on the creditworthiness and financial stability of PCSupport.com, Inc. This type of agreement generally entails higher interest rates and stricter terms to mitigate the increased risk. Overall, the Contra Costa California Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC provides a flexible financing solution for PCSupport.com, Inc., allowing them to manage their short-term funding needs efficiently. By leveraging this revolving credit facility, PCSupport.com, Inc. can seize growth opportunities, maintain cash flow stability, and support their ongoing operations in Contra Costa California and beyond.